Since Friday, the USD/JPY currency pair has been trading sideways in the 103.80 area.
During Monday morning hours, the GBP/USD exchange rate exceeded the weekly R1 at 1.3344.
During Monday morning hours, the EUR/USD currency pair exceeded the weekly R1 at 1.1898.
The New Zealand Dollar edged higher by approximately 40 basis points or 0.69% against the US Dollar on Friday. The 50– hour simple moving average guided the currency pair during Friday's trading session.
The US Dollar surged by 47 points or 0.36% against the Canadian Dollar on Friday. The gains were stopped by the 200– hour SMA at 1.3088 during Friday's session.
The Australian Dollar surged by 44 basis points or 0.61% against the US Dollar on Friday. A breakout occurred through the upper boundary of a descending channel pattern during the Asian session on Monday.
The common European currency declined by 35 basis points or 0.30% against the Japanese Yen on Friday. The decline was stopped by the 50– hour simple moving average during Friday's trading session.
Yesterday, the XAU/USD exchange rate could reverse north from the 1,855.00 level.
Since Thursday, the USD/JPY currency pair has been trading sideways near the 103.80 mark.
Yesterday, the GBP/USD exchange rate reversed north from the support level formed by the 200-hour SMA and the weekly PP near 1.3200.
On Thursday, the EUR/USD currency pair re-tested the psychological level at 1.1890. During today's morning, the pair pierced the support provided by the 55– and 100-hour SMAs near 1.1860.
The New Zealand Dollar surged by 47 points or 0.69% against the US Dollar on Thursday. The 100– hour simple moving average provided support for the currency pair during Thursday's trading session.
The US Dollar declined by 64 points or 0.49% against the Canadian Dollar on Thursday. The currency pair breached the 50-, 100– and 200– hour SMAs during yesterday's trading session.
The Australian Dollar has surged by 44 points or 0.60% against the US Dollar since Thursday's trading session. The AUD/USD currency pair tested the 100– hour SMA on Friday morning.
The single European currency surged by 47 points or 0.38% against the Japanese Yen on Thursday. The currency pair breached the 100– hour simple moving average at 123.48 during Thursday's trading session.
During Thursday morning, the XAU/USD exchange rate declined to the 1,860.00 level.
During Thursday morning hours, the USD/JPY currency pair reversed north from the 103.80 mark.
Yesterday, the GBP/USD exchange rate could reverse south from the resistance level—the weekly R1 at 1.3310.
On Wednesday, the EUR/USD currency pair reversed south from the psychological level at 1.1890.
The New Zealand Dollar surged by 62 pips or 0.90% against the US Dollar on Wednesday. The currency pair tested the 0.6940 level during yesterday's trading session.
The USD/CAD exchange rate bounced off from a support level formed by the lower boundary of an ascending channel pattern at 1.3040 during the end of yesterday's trading session.
The Australian Dollar declined by 42 pips or 0.57% against the US Dollar on Wednesday. The currency pair breached the lower boundary of an ascending channel pattern during the Asian session on Thursday.
The common European currency declined by 51 pips or 0.42% against the Japanese Yen on Wednesday. The currency pair tested the lower line of a descending channel pattern at 122.64 during the Asian session on Thursday.
Yesterday, the XAU/USD exchange rate touched the 1,870.00 level. During Tuesday morning, the rate was trading at 1,900.00.