Yesterday, the GBP/USD exchange rate continued to trade sideways around the 1.2070. During Wednesday morning, the rate was testing the resistance level formed by the 100-hour SMA and the weekly PP at 1.2090.
During Tuesday, the EUR/USD currency pair tumbled to the support level formed by the monthly PP at 1.1169.
The New Zealand Dollar traded sideways against the US Dollar. The currency pair was trading near a resistance cluster formed by the combination of the weekly and the monthly PPs at 0.6475 during yesterday's trading session.
The US Dollar depreciated about 80 basis points against the Canadian Dollar on Tuesday. The exchange rate pierced the bottom border of an ascending channel pattern at 1.3200 during yesterday's trading session.
The Australian Dollar appreciated about 61 basis points against the US Dollar on Tuesday. The currency pair tested the upper boundary of a descending channel pattern at 0.6800 during Tuesday's trading session.
The Eurozone single currency appreciated about 1.55% in value against the Japanese Yen on Tuesday. The currency pair reached a one-week high at 119.50 during yesterday's trading session.
Yesterday, the price for gold skyrocketed to the 1,520.00 level. During Tuesday's morning, the XAU/USD exchange rate surpassed the 1,525.00 mark.
The 50– hour simple moving average pressured the New Zealand Dollar lower against the US Dollar on Monday. The currency pair breached the lower band of an ascending trendline at 0.6450 during Monday's trading session.
During the previous trading session, the USD/JPY currency pair traded sideways around the psychological level at 105.40. During Tuesday's morning, the pair declined at the 105.20 mark.
The US Dollar appreciated about 35 basis points against the Canadian Dollar on Monday. The 200– hour simple moving average provided support for the exchange rate during yesterday's trading session.
During yesterday's trading session, the Australian Dollar depreciated about 48 basis points against the US Dollar. The currency pair breached the monthly pivot point at 0.6759.
The common European currency appreciated about 64 basis points against the Japanese Yen on Monday. The 50– hour simple moving average provided resistance for the currency pair at 118.17.
On Monday, the GBP/USD exchange rate reversed south from the resistance level formed by the weekly PP at 1.2090. During today's morning, the rate was trading at the 1.2060 mark.
Yesterday, the EUR/USD currency pair tried to surpass the psychological level at the 1.1220 mark. During Tuesday's morning, the pair was testing the support level - the weekly PP at 1.1186.
During the previous trading session, the XAU/USD exchange rate traded downwards within the cluster formed by the Fibonacci 0.00% retracement at 1,509.17 and the psychological level at 1,490.00.
On Friday, the USD/JPY currency pair breached the long-term descending channel south. During Monday's morning, some downside potential still was prevailing in the market.
The GBP/USD exchange rate has renewed the 2018/2019 minimum, located at the 1.2021 mark. During today's morning, the rate reversed north.
During the end of the previous week, the EUR/USD currency pair tried to surpass the 1.1220 level. During Monday's morning, the pair dropped to the support level—the monthly PP at 1.1169.
The New Zealand Dollar depreciated about 38 basis points against the US Dollar on Friday. The currency pair was pressured by the 100– hour simple moving average during Friday's trading session.
The US Dollar depreciated about 68 basis points against the Canadian Dollar on Friday. The currency pair breached both the 50-, 100– and 200– hours SMAs during Friday's trading session.
The Australian Dollar depreciated about 40 basis points against the US Dollar on Friday. The currency pair is currently stranded between the simple moving averages.
The common European currency depreciated about 60 basis points against the Japanese Yen on Friday.
On Thursday, the XAU/USD exchange rate traded sideways at the psychological level at 1,500.00. During Friday's morning, the rate continued to consolidate.
During the previous trading session, the USD/JPY currency pair tested the lower boundary of the long-term descending channel at 105.85. During Friday morning, the pair continued to test the given channel line.