The XAU/USD exchange rate bounced off a support level at 1875.00 on Thursday. As a result, the yellow metal surged by more than 245 pips or 1.31% against the US Dollar during yesterday's trading session.
The USD/JPY currency pair failed to break the resistance level at 109.70 on Thursday. As a result, the US Dollar declined by 43 pips or 0.39% against the Japanese Yen during Thursday's trading session.
On Thursday, the British Pound edged higher by 90 pips or 0.64% against the US Dollar. The currency pair returned to the 1.4185 area during Thursday's trading session.
On Thursday, the Eurozone currency surged by 24 pips or 0.20% against the US Dollar. The currency pair breached the 55-, 100– and 200– hour SMAs during Thursday's trading session.
The US Dollar edged higher by 62 pips or 0.51% against the Canadian Dollar on Wednesday. The currency pair breached the 50– and 200– hour SMAs during yesterday's trading session.
The 200– hour simple moving average provided resistance for the GBP/JPY currency pair on Wednesday. As a result, the Pound Sterling fell by 79 pips or 0.51% against the Japanese Yen during Wednesday's trading session.
The Australian Dollar declined by 31 pips or 0.40% against the US Dollar on Wednesday. The currency pair continued to trade within the 0.7720/0.7760 levels during Wednesday's trading session.
The common European currency edged higher by 33 pips or 0.25% against the Japanese Yen on Wednesday. A breakout occurred through the upper line of a descending channel pattern during yesterday's trading session.
The yellow metal failed to surpass the 55– and 200– hour SMAs on Wednesday. As a result, Gold edged lower by 102 pips or 0.54% against the US Dollar during Wednesday's trading session.
On Wednesday, the USD/JPY currency pair edged higher by 41 pips or 0.38%. The surge was stopped by a resistance cluster at the 109.60 level during Wednesday's trading session.
On Wednesday, the British Pound fell by 77 pips or 0.54% against the US Dollar. A breakout occurred through the lower boundary of an ascending channel pattern during Wednesday's trading session.
On Wednesday, the common European currency declined by 44 pips or 0.36% against the US Dollar. The currency pair fell below the 55-, 100 and 200– hour SMAs during Wednesday's trading session.
The yellow metal plunged by 145 pips or 0.76% against the US Dollar on Tuesday. The decline was stopped by the 55– and 100– hour SMAs during yesterday's trading session.
The US Dollar edged higher by 26 pips or 0.24% against the Japanese Yen on Tuesday. The 55– hour simple moving average provided resistance for the exchange rate during yesterday's trading session.
During the first half of Tuesday's trading session, the GBP/USD currency pair declined by 58 pips or 0.41%. The exchange rate rebounded from the lower boundary of an ascending channel pattern at the end of the day.
During Tuesday's trading session, the EUR/USD currency pair traded with low volume. The exchange rate bounced between the 55– hour SMA at 1.2170 and the 200– hour moving average at 1.2185 on Tuesday.
During Monday's trading session, the US Dollar declined by 39 pips or 0.32% against the Canadian Dollar. The currency pair breached the 200– hour simple moving average on Monday.
The British Pound declined by 63 pips or 0.40% against the Japanese Yen on Monday.
The AUD/USD currency pair consolidated below the 0.7760 level during yesterday's trading session. The Aussie made about 33 pips movement or 0.42% against the Greenback on Monday.
The EUR/JPY currency pair bounced off the support level at 132.87 during yesterday's trading session.
On Monday, the yellow metal surged by 163 pips or 0.87% against the US Dollar. The commodity breached the 55-, 100– and 200– hour SMAs during Monday's trading session.
During yesterday's trading session, the US Dollar declined by 37 pips or 0.34% against the Japanese Yen. The currency pair tested the weekly support level at 109.16 on Monday.
On Monday, the GBP/USD exchange rate surged by 73 pips or 0.52%. The currency pair tested the upper line of an ascending channel pattern during yesterday's trading session.
On Monday, the EUR/USD currency pair breached the 55, 100– and 200– hour SMAs. The exchange rate surged by 47 pips or 0.39% during Monday's trading session.