Since Thursday, the EUR/USD currency pair has been trying to decline below the 1.1700 level.
The New Zealand Dollar declined by 76 basis points or 1.14% against the US Dollar on Thursday. The decline was stopped by the weekly support level at 0.6582 during yesterday's trading session.
The US Dollar surged by 97 basis points or 0.74% against the Canadian Dollar on Thursday. A breakout occurred through the upper line of a descending channel pattern during Thursday's trading session.
The Australian Dollar declined by 79 basis points or 1.10% against the US Dollar on Thursday. The currency pair tested the lower line of a descending channel pattern at 0.7060 during Thursday's trading session.
The single European currency declined by 59 basis points or 0.48% against the Japanese Yen on Thursday. The currency pair tested the lower boundary of a narrow descending channel pattern during yesterday's trading session.
Yesterday, the XAU/USD exchange rate reversed south from the resistance level formed by the monthly PP at 1,909.25.
On Wednesday, the USD/JPY currency pair dropped to the Fibo 23.60% at 105.03. During today's morning, the pair reversed north.
Yesterday, the GBP/USD exchange rate failed to exceed the monthly PP at 1.3028. During Thursday morning, the rate reversed south.
On Wednesday, the EUR/USD currency pair consolidated around the weekly S1 at 1.1748. During today's morning, the pair dropped to the Fibo 61.80% at 1.1707.
The New Zealand Dollar declined by 30 points or 0.45% against the US Dollar on Wednesday. A breakout through the lower boundary of an ascending channel pattern occurred on Thursday morning.
The US Dollar surged by 40 points or 0.30% against the Canadian Dollar on Wednesday. The currency pair breached the 50– and 100– hour SMAs during Wednesday's trading session.
The Australian Dollar declined by 49 points or 0.68% against the US Dollar on Wednesday. A breakout occurred through the lower boundary of an ascending channel pattern during yesterday's trading session.
The common European currency declined by 46 points or 0.37% against the Japanese Yen on Wednesday. The currency pair breached the weekly support level at 123.75 during Wednesday's trading session.
On Tuesday, the XAU/USD exchange rate dropped to the 1,890.00 level. During today's morning, the rate reversed north.
The USD/JPY currency pair continued to test the support formed by the weekly S1 and the monthly PP in the 105.30 area.
Yesterday, the GBP/USD exchange rate broke the lower boundary of the short-term ascending channel.
On Tuesday, the EUR/USD currency pair breached the short-term ascending channel south and dropped to 1.1740.
The New Zealand Dollar declined by 26 pips or 0.39% against the US Dollar on Tuesday. The currency pair tested the monthly support level at 0.6639 during yesterday's trading session.
The US Dollar surged by 46 pips or 0.35% against the Canadian Dollar on Tuesday. The currency pair breached the 50– hour simple moving average at 1.3126 during yesterday's trading session.
The Australian Dollar declined by 45 pips or 0.63% against the US Dollar on Tuesday. The currency pair tested the lower boundary of an ascending channel pattern at 0.7153 during Tuesday's trading session.
The Eurozone currency declined by 61 pips or 0.49% against the Japanese Yen on Tuesday. A breakout occurred through the lower boundary of an ascending channel pattern during yesterday's trading session.
On Monday, the XAU/USD exchange rate remained to trade below the 1,930.00 level.
Yesterday, the USD/JPY currency pair declined to the support formed by the weekly S1 and the monthly PP in the 105.30 area. During Tuesday morning, the pair reversed north.
Since Monday, the GBP/USD exchange rate has been testing the upper boundary of the short-term ascending channel.