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.
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.