The Eurozone single currency bounced off the lower boundary of a descending channel pattern against the Japanese Yen at the end of yesterday's trading session. As a result, the currency pair surged by 51 basis points.
On Wednesday, gold appreciated slightly against the US Dollar. During today's morning, the XAU/USD exchange rate traded at the 1,470.00 mark.
Yesterday, the USD/JPY currency pair surpassed the psychological level at 108.80. During Thursday morning, the pair declined to the 108.60 mark.
On Wednesday, the GBP/USD exchange rate traded sideways, squeezed by the 100– and 200-hour SMAs at 1.2835 and 1.2853. During today's morning, the rate continued to trade within the given area.
Yesterday, the EUR/USD currency pair tried to surpass the psychological level at 1.1000. During Thursday morning, the pair was still testing the given level.
The New Zealand Dollar appreciated about 1.40% in value against the US Dollar on Wednesday. A breakout occurred through the upper boundary of a descending channel pattern at 0.6350.
The 50– hour simple moving average guided the US Dollar against the Canadian Dollar on Wednesday. The currency pair tested the weekly R1 at 1.3270 during yesterday's trading session.
The Australian Dollar has depreciated about 61 basis points against the US Dollar since Wednesday's trading session. A breakout occurred through the lower boundary of a descending channel pattern at 0.6820 during the morning hours on Thursday.
The common European currency depreciated about 59 basis points against the Japanese Yen on Wednesday. The currency pair tested the lower boundary of a descending channel pattern at 119.59 during the Asian trading session on Thursday.
On Tuesday, the XAU/USD exchange rate tested the psychological level at 1,450.00. During today's morning, the rate was testing the resistance formed by the Fibo 23.60% and the 100-hour SMA at 1,462.89.
Yesterday, the USD/JPY currency pair declined to the support formed by the 200-hour SMA and the weekly PP at 108.97. During Wednesday morning, the pair was testing the given support.
Yesterday, the GBP/USD exchange rate traded sideways at the 1.2850 level. During Wednesday morning, the rate maintained its consolidation.
On Tuesday, the EUR/USD currency pair declined to the 1.1010 level. During today's morning, the pair was trading at the given level.
The New Zealand Dollar surged almost 85 basis points against the US Dollar during the morning hours of Wednesday's trading session.
The US Dollar appreciated by 39 basis points against the Canadian Dollar on Tuesday. The currency pair breached the 50– hour simple moving average during yesterday's trading session.
The 50-hour simple moving average continued to pressure the Australian Dollar lower against the US Dollar. The exchange rate declined by about 26 basis points on Tuesday.
After the single European currency tested the weekly pivot point at 120.60 on Tuesday, the currency pair depreciated about 70 basis points.
Yesterday, the XAU/USD exchange rate declined to the psychological level at 1,450.00. During Tuesday morning, the rate was testing the given level.
On Monday, the USD/JPY currency pair reversed north from the lower boundary of the short-term ascending channel at 109.00. During today's morning, the pair was trading at the 109.20 mark.
Yesterday, the GBP/USD exchange rate skyrocketed to the resistance level formed by the 200-hour SMA at 1.2877. During Tuesday morning, the rate was testing the support formed by the 55– and 100-hour SMAs, as well the weekly PP at 1.2832.
On Monday, the EUR/USD currency pair tested the resistance provided by the 55-hour moving average at 1.1031. During today's morning, the pair reversed south.
The New Zealand Dollar appreciated about 39 basis points against the US Dollar on Monday. The currency pair tested the weekly pivot point at 0.6371 during yesterday's trading session.
The US Dollar has appreciated about 41 basis points against the Canadian Dollar since Monday's trading session. The currency pair was guided up by the 50– hour simple moving average during yesterday's trading session.
The 50– hour simple moving average has pressured the Australian Dollar lower against the US Dollar since yesterday's trading session.