The USD/JPY has revealed that it respects the resistance of the 110.40 level. Meanwhile, support appears to be provided by the 110.10 level and the 100-hour simple moving average. However, on Tuesday morning, the support of the simple moving average was passed. In the case that the rate surges, the rate would have to pass the 110.40 level before encountering the
The Australian Dollar edged higher by 51 pips or 0.69% against the US Dollar on Monday. The surge was stopped by the 200– hour simple moving average during Monday's trading session.
The surge, which followed the GBP/USD breaking the channel down pattern and the resistance of the 1.3800 mark, has found resistance. Namely, since the middle of Monday's trading hours, the pair has been fluctuating sideways below the weekly R1 simple pivot point at 1.3835. If the pair breaks the resistance of the pivot point, it could reach for the resistance zone
The EUR/JPY currency pair bounced off a support level formed by the 200– hour simple moving average at 129.77 on Monday.
The EUR/USD currency exchange rate has reached above the 1.1800 mark. On Tuesday morning, the pair traded in the range between the 1.1800 and 1.1810 levels. In the case of a surge, the pair would most likely face the resistance of the weekly R1 simple pivot point at 1.1819 and the late July high level zone at 1.1821/1.1823. Above
On Monday morning, the yellow metal traded above the 1,800.00 level. Meanwhile, support was being provided by the combination of the 100-hour simple moving average and the 1,805.00 level. Resistance was being found in the 1,810.00 level and the 200-hour simple moving average. If the rate breaks resistance near 1,810.00, the price of the metal could test the upper trend line
The USD/JPY currency exchange rate has broken the channel up pattern, which guided it throughout last week. On Monday morning, the rate found support in the 100-hour simple moving average and appeared to have paused the decline that started in the aftermath of the breaking of the channel up pattern. In the case of a surge, the pair would need to
On Monday morning, the GBP/USD currency exchange rate broke the large scale channel down pattern, which had guided the rate since the start of July. In the near term future, the surge of the rate could reach for the resistance of the 1.3800 mark, which provided both resistance and support throughout July. Afterwards, the weekly R1 simple pivot point at 1.3835
The support of the zone above the 1.1750 mark has held and caused a recovery of the EUR/USD currency exchange rate. By the middle of Monday's European trading hours, the pair had reached the resistance of the 1.1800 mark. In the case that the surge would continue, the currency exchange rate might reach for the resistance of the weekly
The US Dollar declined by 35 pips or 0.28% against the Canadian Dollar on Friday. The currency pair breached the 50– hour simple moving average during Friday's trading session.
The British Pound edged higher by 57 pips or 0.38% against the Japanese Yen on Friday. The currency pair tested the resistance level at 152.20 during Friday's trading session.
On Friday, the Australian Dollar fell by 31 pips or 0.42% against the US Dollar. The AUD/USD currency pair breached the 50– hour simple moving average during Friday's trading session.
On Friday, the common European currency edged higher by 52 pips or 0.40% against the Japanese Yen. The exchange rate tested the resistance level at 130.17 during Friday's trading session.
The yellow metal's price edged higher by 0.73% on Thursday. The surge was stopped by the 100– hour simple moving average at 1808.01 during Thursday's trading session.
On Thursday, the US Dollar declined by 27 pips or 0.25% against the Japanese Yen.
The British Pound edged higher by 84 pips or 0.61% against the US Dollar on Thursday. The surge was stopped by the 200– hour simple moving average at 1.3761 during yesterday's trading session.
On Thursday, the Eurozone single currency declined by 62 pips or 0.53% against the US Dollar. The currency pair tested the weekly support level at 1.1758 during Thursday's trading session.
The 200– hour simple moving average pressured the XAU/USD exchange rate on Wednesday. As a result, the commodity fell by 151 pips or 0.84% during yesterday's trading session.
The US Dollar surged by 50 pips or 0.46% against the Japanese Yen on Wednesday.
The GBP/USD currency pair bounced off a support level near the 1.3600 zone on Monday. As a result, the British Pound edged higher by 130 pips or 0.95% against the US Dollar.
The common European currency rose by 40 pips or 0.34% against the US Dollar on Wednesday.
On Tuesday, Gold declined by 185 pips or 1.02% against the US Dollar. The commodity breached the 55-, 100– and 200– hour SMAs during Tuesday's trading session.
On Tuesday, the US Dollar surged by 55 pips or 0.50% against the Japanese Yen. The currency pair breached the 55– and 100– hour SMAs during Tuesday's trading session.
On Tuesday, the British Pound edged lower by 93 pips or 0.68% against the US Dollar. The currency pair was pressured by the 55-, 100– and 200– hour SMAs during yesterday's trading session.