Yesterday, the GBP/USD exchange rate reversed north from the support level formed by the 200-hour SMA and the weekly PP near 1.3200.
On Thursday, the EUR/USD currency pair re-tested the psychological level at 1.1890. During today's morning, the pair pierced the support provided by the 55– and 100-hour SMAs near 1.1860.
The New Zealand Dollar surged by 47 points or 0.69% against the US Dollar on Thursday. The 100– hour simple moving average provided support for the currency pair during Thursday's trading session.
The US Dollar declined by 64 points or 0.49% against the Canadian Dollar on Thursday. The currency pair breached the 50-, 100– and 200– hour SMAs during yesterday's trading session.
The Australian Dollar has surged by 44 points or 0.60% against the US Dollar since Thursday's trading session. The AUD/USD currency pair tested the 100– hour SMA on Friday morning.
The single European currency surged by 47 points or 0.38% against the Japanese Yen on Thursday. The currency pair breached the 100– hour simple moving average at 123.48 during Thursday's trading session.
During Thursday morning, the XAU/USD exchange rate declined to the 1,860.00 level.
During Thursday morning hours, the USD/JPY currency pair reversed north from the 103.80 mark.
Yesterday, the GBP/USD exchange rate could reverse south from the resistance level—the weekly R1 at 1.3310.
On Wednesday, the EUR/USD currency pair reversed south from the psychological level at 1.1890.
The New Zealand Dollar surged by 62 pips or 0.90% against the US Dollar on Wednesday. The currency pair tested the 0.6940 level during yesterday's trading session.
The USD/CAD exchange rate bounced off from a support level formed by the lower boundary of an ascending channel pattern at 1.3040 during the end of yesterday's trading session.
The Australian Dollar declined by 42 pips or 0.57% against the US Dollar on Wednesday. The currency pair breached the lower boundary of an ascending channel pattern during the Asian session on Thursday.
The common European currency declined by 51 pips or 0.42% against the Japanese Yen on Wednesday. The currency pair tested the lower line of a descending channel pattern at 122.64 during the Asian session on Thursday.
Yesterday, the XAU/USD exchange rate touched the 1,870.00 level. During Tuesday morning, the rate was trading at 1,900.00.
On Monday, the USD/JPY currency pair reversed south from the Fibo 23.60% at 105.03. During today's morning, the pair declined below 104.40.
Yesterday, the GBP/USD exchange rate tried to surpass the 1.3240 mark. During Tuesday morning, the rate exceeded the given level.
During Tuesday morning hours, the EUR/USD currency pair exceeded the 1.1860 level.
The New Zealand Dollar surged by 49 basis points or 0.72% against the US Dollar on Monday. The currency pair tested the weekly resistance level at 0.6911 during yesterday's trading session.
The US Dollar has declined by 93 basis points or 0.77% against the Canadian Dollar since yesterday's trading session. The currency pair breached the 200– hour SMA on Tuesday morning.
The Australian Dollar surged by 45 basis points or 0.61% against the US Dollar on Monday. The currency pair tested the upper boundary of a narrow ascending channel pattern during yesterday's trading session.
The common European currency declined by 62 basis points or 0.50% against the Japanese Yen on Monday. The currency pair tested the 123.67 level during yesterday's trading session.
Since Friday, the XAU/USD exchange rate has been testing the resistance provided by the 200-hour moving average near 1,900.00.
The USD/JPY currency pair continued to trade downwards. During Monday morning hours, the pair pierced the weekly PP at 104.53.