The USD Dollar plunged by 61 pips or 0.50% against the Canadian Dollar on Friday. The decline was stopped by the 200– hour simple moving average during Friday's trading session.
The British Pound declined by 60 pips or 0.39% against the Japanese Yen on Friday. The currency pair breached the 50– and 200– hour SMAs during Friday's trading session.
Upside risks pressured the Australian Dollar against the US Dollar on Friday. As a result, the AUD/USD exchange rate surged by 92 pips or 1.20% during Friday's trading session.
Downside risks dominated the Eurozone single currency against the Japanese Yen on Friday.
The yellow metal's price fulfilled a bearish scenario on Thursday, as it passed the 1,890.00 level and sharply dropped to the 1,865.00 level. Moreover, on Friday morning the rate reached the support zone of the mid-May high and low levels at 1,852.25/1,856.50. However, the rate recovered from the 1,852.25/1,856.50 zone. Moreover, at mid-day on Friday the commodity price jumped, as the
During late Thursday's trading hours, the USD/JPY reached above the resistance of the zone just below the 110.00 level and the 110.20 mark. After passing the resistance levels, the rate began to consolidate by trading sideways. At mid-day on Friday, the consolidation ended, as the pair dropped at 12:30 GMT. At that time the US monthly employment data sets were released
The GBP/USD rate made a failed attempt at passing the resistance of the 1.4200 level. It was followed up by a sharp decline below the support zone of the late May low levels at 1.4100/1.4095. Meanwhile, Dukascopy Analytics spotted that the rate has been fluctuating in the borders of a channel down pattern since May 28. In the case of
On Thursday, the EUR/USD passed the support zone above the 1.2160 mark. It resulted in a decline, which by the middle of Friday's GMT trading hours had reached the 1.2105 level. In the near term future, the currency exchange rate could look for support in the 1.2100 level, as round exchange rate levels have been providing impact on the rate. In
Upside risks dominated the US Dollar against the Canadian Dollar on Thursday. As a result, the USD/CAD currency pair surged by 88 pips or 0.73% during Thursday's trading session.
The British Pound fell by 44 pips or 0.28% against the Japanese Yen on Thursday. The decline was stopped by the 50– hour simple moving average during Thursday's trading session.
The Australian Dollar declined by 102 pips or 1.31% against the US Dollar on Thursday. The AUD/USD currency pair breached the 0.7650 level during yesterday's trading session.
The common European currency has declined by 42 pips or 0.31% against the Japanese Yen since Thursday's trading session. A breakout occurred through the lower boundary of an ascending channel pattern during the Asian session on Friday.
Gold found resistance in the 1,910.00 mark once again, during early hours of Wednesday's trading. By the middle of the day's trading, the commodity price had reached below the 1,900.00 level. In addition, the price had passed the support of the 55, 100 and 200-hour simple moving averages. In the near term future, the price was heading to the support zone
The USD/JPY currency exchange rate failed to even reach the 110.00 level on Wednesday. The pair encountered resistance already at 109.88. Afterwards, the pair retraced down to the weekly simple pivot point at 109.56, which provided support. By the middle of Thursday's trading, the rate had recovered and was expected to make another attempt to pass the resistance zone below
The GBP/USD found support just above 1.4110, on Wednesday, before starting a recovery that reached the resistance of the 55 and 100-hour simple moving averages near 1.4180. Note that during the prior decline, the rate pierced the support of the weekly S1 simple pivot point at 1.4119. On Thursday, the currency exchange rate had clearly bounced off the resistance of
On Wednesday, the EUR/USD found support in the zone just above the 1.2160 mark and retraced back up to the resistance of the 55-hour simple moving average near 1.2220. Afterwards, the rate bounced off this level and began a decline. By the middle of Thursday's trading, the rate was heading back to the support of the 1.2160 level. In the
The US Dollar declined by 56 pips or 0.46% against the Canadian Dollar on Wednesday. The currency pair breached the 50– and 200– hour SMAs during yesterday's trading session.
The Pound Sterling declined by 31 pips or 0.20% against the Japanese Yen on Wednesday. The currency pair tested the weekly pivot point at 155.22 during Wednesday's trading session.
During the first half of Wednesday's trading session, the Australian Dollar declined by 51 pips or 0.65% against the US Dollar. However, the currency pair regained the lost points at the end of the day.
The common European currency has been trading sideways against the Japanese Yen since May 27. The currency pair maintained the sideways movement during Wednesday's trading session.
After reaching above the 1,915.00 level on Tuesday, the yellow metal's price began a decline. During the first part of Wednesday's trading, the price was fluctuating sideways below the resistance of the 100-hour simple moving average. In the meantime, the rate was being approached by the support of the 200-hour simple moving average. In the near term future, the rate should
The USD/JPY currency exchange rate eventually found enough support in the 109.33/109.36 zone to pass the resistance of the 55-hour simple moving average, which reversed an attempted recovery on Tuesday. By the middle of Wednesday's trading hours, the pair had reached above the 61.80% Fibonacci retracement level at 109.83. In the near term future, the pair could first test the 110.00
During the first half of Wednesday's European trading hours, the GBP/USD reached the 1.4125 level. Meanwhile, the most close by technical support level was located at 1.4119. In the near term future, the pair could find support in the weekly S1 simple pivot point at 1.4119. In the case of the pivot point failing to hold, the rate could reach
On Wednesday, the EUR/USD passed the support of the 55, 100 and 200-hour simple moving averages. Moreover, the 1.2200 mark and the weekly simple pivot point at 1.2198 were passed. By the middle of the day's European trading hours, the rate had reached the 1.2170 level. In the near term future, the rate could test the support of the late