During the previous trading session, gold traded sideways against the US Dollar within the cluster formed by the 100– and 200-hour SMAs, located at 1,425.73 and 1,421.09 respectively.
On Wednesday, the USD/JPY currency pair traded sideways, trying to breach the support cluster formed by the 55-, 100– and 200-hour SMAs in the 107.96/108.14 range.
Yesterday, the GBP/USD exchange rate skyrocketed to the 1.2520 level and reversed south to the 1.2470 mark.
During Wednesday, the EUR/USD currency pair traded sideways round the psychological level at 1.1140. During today's morning, the pair was testing the 2018/2019 minimum at 1.1124.
The New Zealand Dollar versus the US Dollar breached a significant support level at 0.6693 during the morning hours of Thursday's trading session.
The US Dollar continued to trade sideways movement against the Canadian Dollar on Wednesday. The 50-hour simple moving average provided support for the currency pair during yesterday's trading session.
The Australian Dollar maintained the junior descending channel pattern against the US Dollar on Wednesday. The currency pair traded near the bottom border of a descending channel pattern.
The single European currency depreciated about 53 base points against the Japanese Yen on Wednesday. The currency pair continued its downward momentum during the first half of today's trading session.
The New Zealand Dollar depreciated about 50 base points against the US Dollar on Tuesday. The currency pair hit a one-week low at 0.6693 during the morning hours of Wednesday's trading session.
The US Dollar traded flat against the Canadian Dollar on Tuesday. The USD/CAD currency pair was trading below the weekly R2 at 1.3156 during yesterday's trading session.
During yesterday's trading session, the Australian Dollar depreciated about 51 base points against the US Dollar. The currency pair dashed through the weekly S1 at 0.7000.
The common European currency has depreciated about 82 base points against the Japanese Yen since Tuesday's session. The currency pair breached the lower boundary of a descending channel pattern during the first part of Wednesday's trading session.
Yesterday, the XAU/USD exchange rate tried to breach the short-term ascending channel south. During today's morning, the rate was testing the resistance of the 100-hour SMA at 1,426.59.
During the previous trading session, the USD/JPY currency pair traded sideways around the psychological level at 108.20.
On Tuesday, the GBP/USD exchange rate traded sideways around the psychological level at 1.2450. During today's morning, the rate was still consolidating at the given level.
Yesterday, the EUR/USD currency pair declined to the support level formed by the weekly S2 at the 1.1152 mark. During Wednesday's morning, the pair surpassed the given support.
During Monday, the XAU/USD exchange rate traded sideways at the 1,426.00 mark. During Tuesday's morning, the rate was testing the lower boundary of the short-term ascending channel at 1,418.00.
During the previous trading session, the USD/JPY currency pair traded sideways around the psychological level at 107.90. During today's morning, the pair breached the short-term descending trend south.
Yesterday, the GBP/USD exchange rate tried to surpass the resistance cluster formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.2479/1.2496 range. During Tuesday's morning, the rate declined to the 1.2440 level.
On Monday, the EUR/USD currency pair traded sideways along the lower boundary of the short-term ascending channel. During today's morning, the pair breached the given channel south.
The New Zealand Dollar has depreciated about 56 base points against the US Dollar since July 22. A breakout had occurred through the bottom border of an ascending channel pattern.
During the past 24 hours of trading, the US Dollar has depreciated about 0.74% in value against the Canadian Dollar. The currency pair reached a two-week high at 1.3148 during the Asian session on Tuesday.
The Australian Dollar continued its movement in a junior descending channel pattern against the US Dollar on Monday. The currency pair declined by 0.44% in value during the previous trading session.
The common European currency traded sideways movement against the Japanese Yen on Monday. The 100-hour simple moving average provided resistance at 121.08 during yesterday's trading session.