The New Zealand Dollar remained flat against the US Dollar on Tuesday. The currency pair tested the bottom border of an ascending channel pattern at 0.6412 during yesterday's trading session.
The US Dollar depreciated about 53 basis points against the Canadian Dollar on Tuesday. The currency pair was pressured down by the 50– hour simple moving average during yesterday's trading session.
Yesterday, the XAU/USD exchange rate traded sideways around the monthly PP at 1,492.35. During Wednesday morning, the rate maintained its consolidation.
During Tuesday, the USD/JPY currency pair tried to surpass the resistance level—the weekly R1 at 107.52.
Yesterday, the GBP/USD exchange rate traded sideways in the 1.2320/1.2380 area. During Wednesday morning, the rate continued to consolidate in the given range.
On Tuesday, the EUR/USD currency pair consolidated at the 1.1050 level. During today's morning, the pair declined to the 1.1030 mark.
The Australian Dollar traded in a horizontal line against the US Dollar on Tuesday. The AUD/USD currency pair made about 17 pips movement during yesterday's trading session.
The single European currency appreciated about 65 basis points against the Japanese Yen on Tuesday. The currency pair tested the weekly R1 at 119.03 during the morning hours of Wednesday's trading session.
The New Zealand Dollar traded sideways movement against the US Dollar on Monday. The 50– hour simple moving average provided support for the currency pair at 0.6420 during yesterday's trading session.
During Monday, the XAU/USD exchange rate consolidated at the 1,510.00 level. During today's morning, the rate declined to the support level formed by the monthly PP at 1,492.35.
Yesterday, the USD/JPY currency pair surpassed the 107.20 level. During Tuesday morning, the pair tested the resistance level—the weekly R1 at 107.52.
On Monday, the GBP/USD exchange rate traded sideways at the 1.2350 level. During today's morning, the rate was testing the support level formed by the 55-hour SMA and the monthly R1 at 1.2314.
Yesterday, the EUR/USD currency pair re-tested the upper boundary of the falling wedge pattern located circa 1.1070. During Tuesday morning, the pair was testing the support level formed by the 55– and 100-hour SMAs circa 1.1040.
The US Dollar maintained the junior descending channel pattern against the Canadian Dollar on Monday. However, the currency pair breached the upper boundary of the channel pattern during the morning hours of Tuesday's trading session.
The Australian Dollar appreciated about 37 basis points against the US Dollar on Monday.
The common European currency has appreciated about 82 basis points against the Japanese Yen since yesterday's trading session. The 50– hour simple moving average guided the currency pair on Monday.
A narrow ascending channel pattern has been guiding the New Zealand Dollar higher against the US Dollar since the beginning of September. The currency pair hit a three-week high at 0.6441 on Friday.
The US Dollar has depreciated about 1.62% in value against the Canadian Dollar since the beginning of September. The 50– hour simple moving average has guided the currency pair lower since September 4.
The Australian Dollar has appreciated about 2.54% in value against the US Dollar since September 3. The currency pair tested a one-month high level at 0.6861 during Friday's trading session.
The common European currency traded sideways movement against the Japanese Yen during Friday's trading session.
During Friday, the XAU/USD exchange rate tested the lower boundary of the medium-term ascending channel located circa 1,505.00. During today's morning, the rate was trading near the given line.
On Friday, the USD/JPY currency pair traded sideways between the monthly PP and the Fibonacci 23.60% retracement, located at 106.70 and 107.00 respectively.
At the end of previous week, the GBP/USD exchange rate consolidated at the monthly R1 at 1.2314. During Monday morning, the rate declined slightly to the 1.2250 mark.
During Friday, the EUR/USD currency pair traded sideways at the 1.1040 area. During today's morning, the pair was testing the support formed by the 100– and 200-hour SMAs, as well the weekly PP at 1.1015.