Upside sentiment dominated the New Zealand Dollar versus the US Dollar on Monday. A breakout occurred through the upper boundary of a descending channel pattern at 0.6277 during yesterday's trading session.
During Monday, the XAU/USD exchange rate tried to breach the medium-term ascending channel north. During today's morning, the rate continued to test the given channel.
During yesterday's trading session, the US Dollar depreciated about 46 basis points against the Canadian Dollar. A breakout occurred through the lower boundary of an ascending channel at 1.3271.
Yesterday, the US Dollar appreciated slightly against the Japanese Yen. During Tuesday, the USD/JPY currency pair was trading at the 107.60 mark.
The Australian Dollar traded sideways movement against the US Dollar on Monday. The currency pair was trading along the 50– hour simple moving average during yesterday's trading session.
During Monday, the GBP/USD exchange rate tried to breach the medium-term ascending channel south. During today's morning, the rate continued to test the lower channel line at 1.2425.
During Monday's trading session, the single European currency depreciated about 100 basis points against the Japanese Yen. The currency pair breached a support cluster at 117.99.
Yesterday, the EUR/USD currency pair tested the support level formed by the weekly S1 at 1.0979. During Tuesday morning, the pair was trading near the 1.1000 mark.
During Friday's trading session, the New Zealand Dollar depreciated about 47 basis points against the US Dollar. The 50– hour simple moving average pressured the currency pair lower during the previous session.
The US Dollar depreciated about 42 basis points against the Canadian Dollar on Friday. The currency pair tested the lower boundary of an ascending channel at 1.3260 during Friday's trading session.
The Australian Dollar depreciated about 46 basis points against the US Dollar on Friday. The currency pair was pressured south by the 50– hour simple moving average during the previous trading session.
The common European currency has depreciated about 1.11% in value against the Japanese Yen since September 20. A breakout occurred through the lower boundary of an ascending channel pattern at 118.50 during the morning hours of Monday's trading session.
During previous trading session, the price for gold jumped to the 1,515.00 level. During Monday morning, the XAU/USD rate was trading at the given level.
On Friday, the USD/JPY currency pair declined to the 107.60 level. During today's morning, the pair was trying to surpass the given level.
At the end of last week, the GBP/USD exchange rate traded above the 1.2480 level. During Monday morning, the rate was testing the support formed by the 200-hour SMA at 1.2437.
On Friday, the EUR/USD currency pair tumbled to the 1.1000 level. During today's morning, the pair tried to surpass the 1.1020 mark.
During Thursday morning, the XAU/USD exchange rate increased to the 1,505.00 level. During today's morning, the rate was trading at the given level.
Yesterday, the USD/JPY currency pair traded sideways at the 108.00 level. During Friday morning, the pair was testing the lower boundary of the short-term ascending channel at 107.90.
On Thursday, the GBP/USD exchange rate reached the 1.2560 level. During today's morning, the rate reversed south from the Fibonacci 23.60% retracement at 1.2573.
Yesterday, the Euro continued to consolidate against the US Dollar between the weekly and monthly PPs, located at 1.1038 and 1.1069 respectively.
The 50– hour simple moving average pressured the New Zealand Dollar lower against the US Dollar on Thursday.
The price movement of the US Dollar against the Canadian Dollar has been guided by an ascending channel. The currency pair tested the lower boundary of the channel pattern at 1.3244 during yesterday's trading session.
The Australian Dollar has continued its downward movement against the US Dollar. The AUD/USD currency pair depreciated about 46 basis points during Thursday's trading session.
The Eurozone single currency depreciated about 50 basis points against the Japanese Yen on Thursday. The currency pair tested the lower boundary of an ascending channel pattern at 119.07 during the previous trading session.