On Monday, the EUR/USD currency pair tested the weekly PP at 1.1790. Yesterday, the pair tested the monthly PP at 1.1782.
The New Zealand Dollar declined by 28 pips or 0.42% against the US Dollar on Monday. The currency pair breached the 50– hour simple moving average on Tuesday morning.
The US Dollar traded sideways against the Canadian Dollar on Monday. The 50– hour simple moving average provided resistance for the exchange rate during yesterday's trading session.
The Australian Dollar has declined by 68 pips or 0.94% against the US Dollar since Monday's trading session. The currency pair breached the 50-, 100– and 200– hour SMAs during the Asian session on Tuesday.
The common European currency declined by 51 pips or 0.41% against the Japanese Yen on Monday. The decline was stopped by the 200– hour simple moving average during yesterday's trading session.
Since Friday, the XAU/USD exchange rate has been testing the 1,930.00 level.
The USD/JPY currency pair has tumbled to the 105.45 level.
At the end of last week, the GBP/USD exchange rate re-tested the upper boundary of the short-term ascending channel.
On Friday, the EUR/USD currency pair reversed south from the upper line of the short-term ascending channel.
The New Zealand Dollar rose by 65 basis points or 0.99% against the US Dollar on Friday. The currency pair breached the upper boundary of an ascending channel pattern at 0.6667 during Friday's trading session.
The US Dollar declined by 70 basis points or 0.53% against the Canadian Dollar on Friday. The currency pair tested the lower boundary of a descending channel pattern during Friday's trading session.
The Australian Dollar edged higher by 65 basis points or 0.90% against the US Dollar on Friday. The currency pair breached a resistance cluster at 0.7192 during Friday's trading session.
The common European currency surged by 46 basis points or 0.37% against the Japanese Yen on Friday. The 50– hour simple moving average provided support for the currency pair during Friday's trading session.
The XAU/USD exchange rate has jumped to the 1,915.00 level.
The USD/JPY currency pair continues to trade sideways in the 106.00 area.
Since Thursday, the GBP/USD exchange rate has been testing the 1.2960 level.
Yesterday, the EUR/USD currency pair re-tested the lower line of the short-term ascending channel.
The New Zealand Dollar has edged higher by 61 points or 0.93% against the US Dollar since October 8. The currency pair tested a resistance cluster formed by the 100– and 200– hour SMAs at 0.6611 on Friday morning.
The US Dollar has risen by 98 points or 0.74% against the Canadian Dollar since Thursday's trading session. The currency pair breached the lower boundary of a descending channel pattern at 1.3177 on Friday morning.
The Australian Dollar has surged by 56 points or 0.78% against the US Dollar since Thursday's trading session. The currency pair breached the 0.7180 level on Friday morning.
The 50– hour simple moving average guided the common European currency against the Japanese Yen on Thursday. The currency pair made about 50 points movement during yesterday's trading session.
Yesterday, the XAU/USD exchange rate reversed north from the 1,875.00 level.
Since Wednesday, the USD/JPY currency pair has been trading sideways in the 106.00 area.
Yesterday, the GBP/USD exchange rate reversed north from the lower line of the short-term ascending channel.