During Thursday, the GBP/USD exchange rate raised to the resistance level formed by the weekly PP and the monthly S1 located circa 1.2540. During today's morning, the rate was testing the given resistance.
Yesterday, the EUR/USD currency pair skyrocketed to the 1.1280 level and reversed south. During Friday's morning, the pair was testing the support cluster formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.1236/1.1250 range.
The New Zealand Dollar appreciated about 62 base points against the US Dollar on Thursday. The exchange rate tested the weekly R2 at 0.6787 during yesterday's trading session.
The US Dollar depreciated about 74 base points against the Canadian Dollar on Thursday. The currency pair breached both the 50-, 100– and 200-hour SMAs during yesterday's trading session.
The Australian Dollar appreciated about 53 base points against the US Dollar on Thursday. The currency pair breached the weekly R1 at 0.7062 at the end of yesterday's trading session.
The common European currency traded with low volatility against the Japanese Yen on Thursday. The currency pair made about 24 pips movement during yesterday's trading session.
During the previous trading session, the XAU/USD exchange rate skyrocketed to the upper boundary of the short-term ascending channel at 1,431.00. During today's morning, the rate reversed south.
Yesterday, the USD/JPY currency pair tumbled to the 107.70 level. During Thursday's morning, the pair was trading at the given level.
On Wednesday, the GBP/USD exchange rate reversed north from the descending trend line located at the 1.2393 mark. During today's morning, the rate was testing the resistance level formed by the 100– and 200-hour SMAs, as well the weekly S1 at 1.2487.
Yesterday, the EUR/USD currency pair reached the resistance formed by the 100– and 200-hour SMAs, located circa 1.1240. During Thursday's morning, the pair was testing it.
The New Zealand Dollar maintained the ascending channel pattern against the US Dollar on Wednesday. The currency pair appreciated about 47 base points during yesterday's trading session.
The US Dollar declined about 0.40% in value against the Canadian Dollar on Wednesday. The currency pair was pressured by the 200-hour simple moving average during yesterday's trading session.
The Australian Dollar versus the US Dollar bounced off a psychological support level at 0.7000. The currency pair breached both the 50– and 100 –hour SMAs at 0.7019 during the morning hours of today's trading session.
The EUR/JPY currency pair has continued to trade south in a descending channel pattern. The Euro has depreciated about 0.44% in value since yesterday's trading session.
Yesterday, the XAU/USD exchange rate declined to the 1,400.00 level. During Wednesday's morning, the rate tested the resistance formed by the 55-, 100– and 200-hour SMAs, located in the 1,407.04/1,411.32 range.
During the previous trading session, the USD/JPY currency pair tried to surpass the resistance formed by the 200-hour SMA located at 108.34.
Yesterday, the GBP/USD exchange rate tried to surpass the descending trend line located circa 1.2400. During Wednesday's morning, the rate was testing the given line.
On Tuesday, the EUR/USD currency pair declined to the lower boundary of the short-term ascending channel at 1.1200. During today's morning, the pair reversed north from the given line.
The New Zealand Dollar depreciated about 40 base points against the US Dollar on Tuesday. The decline was stopped by the 100-hour simple moving average at 0.6698.
The US Dollar appreciated about 69 base points against the Canadian Dollar on Tuesday. The currency pair tested the upper line of a descending trendline at 1.3092 at the end of yesterday's trading session.
The Australian Dollar depreciated about 35 base points against the US Dollar on Tuesday. The decline could be considered to be a brief retracement from the upper boundary of an ascending channel pattern.
The common European currency has continued to edge lower against the Japanese Yen. The currency pair lost about 0.48% in value during yesterday's trading session.
By the middle of Tuesday's London trading session, the yellow metal's price was located near previous day's trading levels, as the hourly simple moving averages had managed to keep the price from declining.
The USD/JPY on Tuesday morning remained above the support of the round level of 107.80 and the monthly pivot point at 107.84. The rate had even made an attempt to surge and test the resistance of the 55-hour simple moving average.