Since Wednesday, the EUR/USD currency pair has been testing the resistance formed by the weekly R1 and the monthly PP circa 1.1782.
The New Zealand Dollar declined by 30 pips or 0.46% against the US Dollar on October 7. The currency pair breached the weekly support level at 0.6568 on Thursday morning.
The US Dollar has declined by 96 pips or 0.72% against the Canadian Dollar since yesterday's trading session. The currency pair breached a support cluster formed by the weekly S1 and the monthly pivot point at 1.3243 on Thursday morning.
The Australian Dollar edged higher by 40 pips or 0.57% against the US Dollar on Wednesday. The currency pair breached the 50- , 100– and 200– hour SMAs on Thursday morning.
The common European currency has surged by 97 pips or 0.78% against the Japanese Yen on October 7. The currency pair was pressured higher by the 100– hour simple moving average.
On Tuesday, the XAU/USD exchange rate tumbled to the 1,875.00 level. During today's morning, the rate reversed north.
Yesterday, the USD/JPY currency pair traded sideways in the 105.70 area. During Wednesday morning, the pair jumped to 106.00.
The GBP/USD exchange rate has revealed a short-term ascending channel.
On Tuesday, the EUR/USD currency pair reversed south from the upper line of the short-term ascending channel. During today's morning, the pair reversed north from the lower channel line.
New Zealand's currency declined by 71 basis points or 1.07% against the US Dollar on Tuesday. The currency pair breached the 200– hour simple moving average during Tuesday's trading session.
The US Dollar surged by 72 basis points or 0.54% against the Canadian Dollar on Tuesday. The currency pair tested a resistance cluster formed by the weekly pivot point and the 200– hour SMA at 1.3330 on Wednesday morning.
Australia's currency declined by 93 basis points or 1.30% against the US Dollar on Tuesday. The currency pair tested the lower boundary of an ascending channel pattern at 0.7100 during yesterday's trading session.
The Eurozone single currency declined by 75 basis points or 0.61% against the Japanese Yen on Tuesday. The currency pair tested the 100– hour simple moving average at 124.01 during Tuesday's trading session.
The XAU/USD exchange rate has revealed a short-term ascending channel.
Yesterday, the USD/JPY currency pair tested the resistance level formed by the weekly R1 at 105.77.
Since Monday, the GBP/USD exchange rate has been extending gains. The rate has already reached the 1.3000 level.
On Monday, the EUR/USD currency pair raised to the upper boundary of the short-term ascending channel circa 1.1795.
The New Zealand Dollar edged higher by 24 points or 0.35% against the US Dollar on Monday. The currency pair tested the monthly pivot point at 0.6633 during yesterday's trading session.
The US Dollar declined by 31 points or 0.23% against the Canadian Dollar on Monday. The currency pair tested a support cluster formed by the monthly PP and the weekly S1 at 1.3243 on Tuesday morning.
The Australian Dollar edged higher by 27 points or 0.37% against the US Dollar on Monday. The surge was stopped by the monthly pivot point at 0.7192 during yesterday's trading session.
The common European currency has surged by 111 points or 0.90% against the Japanese Yen since Monday's trading session. The currency pair breached a resistance cluster at 124.40 on Monday.
The XAU/USD exchange rate failed to exceed the resistance level formed by the monthly PP at 1,909.25.
At the end of last week, the USD/JPY exchange rate reversed north from the Fibo 23.60% at 105.03 and jumped to 105.60.
The GBP/USD exchange rate has broken the upper boundary of the medium-term descending channel.