Yesterday, the USD/JPY currency pair dropped to the support level formed by the 200-hour moving average and the weekly PP at 107.63. During Wednesday's morning, the pair was testing the given support.
Yesterday, the GBP/USD exchange rate tried to breach the short-term descending channel south. During today's morning, the rate declined to the 1.2560 mark.
During Tuesday, the EUR/USD currency pair traded sideways between the support level—the weekly S3 at 1.1275 and the resistance level formed by the weekly S2 and monthly PP located circa 1.1310.
The NZD/USD currency pair traded with low volatility during yesterday's trading session. The New Zealand Dollar made about 22 pips movement against the US Dollar on Tuesday.
The US Dollar depreciated about 41 base points against the Canadian Dollar on Tuesday. The currency pair was trading near the upper boundary of a downtrend line during the morning hours of Wednesday's trading session.
During the last 24 hours, the Australian Dollar versus the US Dollar has made about 37 pips movement. The currency pair consolidated below a psychological resistance level at 0.70 during the first half of Wednesday's trading session.
During Tuesday's trading session, the Eurozone single currency made 78 pips movement against the Japanese Yen.
During the previous trading session, the XAU/USD exchange rate traded sideways around the 1,390.00, supported by the monthly PP at 1,385.30. During today's morning, the rate reversed north from the given support.
During Monday, the USD/JPY currency pair traded sideways, trying to surpass the resistance level formed by the Fibonacci 38.20% retracement and the weekly R1 at 108.48.
Yesterday, the British Pound depreciated gradually against the US Dollar. During Tuesday's morning, the exchange rate declined to the 1.2620 level.
On Monday, the EUR/USD currency pair dropped to the support level—formed by the weekly S3 at 1.1275. During today's morning, the pair reversed north.
Downside risks dominated the New Zealand Dollar versus the US Dollar on Monday. As a result, a breakout through the lower boundary of an ascending channel pattern occurred.
The US Dollar gained momentum against the Canadian Dollar on Monday. The USD/CAD currency pair appreciated about 60 base points at the end of yesterday's trading session.
During yesterday's trading session, the Australian Dollar edged lower by 66 pips against the US Dollar. The currency pair tested a support cluster at 0.6961 at the end of Friday's trading session.
On Monday, the common European currency depreciated about 112 base points against the Japanese Yen. The decline was stopped by the 200-hour simple moving average.
The NZD/USD exchange rate continued to trade with low volatility on Friday. The pair made about 28 base points movement during Friday's trading session.
The USD/CAD currency pair bounced off the lower boundary of a falling wedge pattern at the end of Friday's trading session. The US Dollar tried to surpass a resistance level formed by the 50-hour simple moving average at 1.3100 during the Asian session on Monday.
On Friday, the AUD/USD currency pair surged by 37 base points. The exchange rate reached a two-week high at 0.7020. However, today's trading session began with a bearish sentiment.
During the previous trading session, the Eurozone single currency rose by 0.85% in value against the Japanese Yen. The currency pair breached the weekly R1 at 123.20.
During Friday, the price for gold tumbled to the support level formed by the monthly PP at the 1,385.30 mark.
At the end of previous week, the JPY/USD currency pair skyrocketed to the resistance level formed by the weekly PP and the Fibonacci 38.20% retracement at 108.44. During today's morning, the pair was testing the given resistance.
During the previous trading session, the GBP/USD exchange rate reversed south from the upper boundary of the short-term descending channel at 1.2730. During Monday's morning, the rate was testing the support formed by the weekly PP at 1.2648.
On Friday, the EUR/USD currency pair dropped to the weekly S1 at the 1.1343 mark. During today's morning, the pair was testing the lower boundary of the short-term descending channel at 1.1320.
The New Zealand Dollar traded with lower volatility against the US Dollar on Thursday. The currency pair, however, breached both the weekly and the monthly pivot points during yesterday's trading session.