Since Monday, the USD/JPY currency pair has been trading along the lower line of the short-term ascending channel.
Yesterday, the GBP/USD exchange rate jumped to the resistance level formed by the weekly R1 at 1.2923.
On Monday, the EUR/USD currency pair reversed north from the 1.1620 level.
The New Zealand Dollar has surged by 42 basis points or 0.64% against the US Dollar since Monday's trading session. The currency pair breached the 50– and 100– hour SMAs on Tuesday morning.
The US Dollar declined by 41 basis points or 0.31% against the Canadian Dollar on Monday. The currency pair breached the 100– hour simple moving average during yesterday's trading session.
The Australian Dollar has surged by 91 basis points or 1.30% against the US Dollar since Monday's trading session. The currency pair breached the upper boundary of a descending channel pattern on Tuesday morning.
The common European currency has surged by 102 basis points or 0.83% against the Japanese Yen since yesterday's trading session. A breakout occurred through the 123.20 level on Tuesday morning.
Since Thursday, the XAU/USD exchange rate has been trading sideways around the monthly S1 at 1,862.47.
The USD/JPY currency pair has revealed a short-term ascending channel.
At the end of last week, the GBP/USD exchange rate reversed north from the lower line of the medium-term descending channel.
On Friday, the EUR/USD currency pair declined to the 1.1615 mark. During today's morning, the pair was testing the 55-hour SMA near 1.1650.
The Australian Dollar declined by 49 points or 0.75% against the US Dollar on Friday. The currency pair breached the 50– hour simple moving average on Monday morning.
The US Dollar surged by 69 points or 0.52% against the Canadian Dollar on Friday. The currency pair was pressured up by the 100– hour simple moving average during Friday's trading session.
The Australian Dollar depreciated by 70 points or 0.99% against the US Dollar on Friday. The AUD/USD currency pair breached the 70.00 level during Friday's trading session.
The Eurozone single currency has declined by 73 points or 0.59% against the Japanese Yen since Friday's trading session. The currency pair breached the 122.60 level on Monday morning.
On Thursday, the XAU/USD exchange rate extended gains gradually. During today's morning, the rate was testing the 55-hour SMA near 1,869.00.
The USD/JPY currency pair has been trading sideways in the 105.40 area since Thursday.
Yesterday, the GBP/USD exchange rate appreciated slightly. During Friday morning, the rate tested the weekly S1 at 1.2797.
Since Thursday, the EUR/USD currency pair has been consolidating near the weekly S2 at 1.1664.
The New Zealand Dollar surged by 38 pips or 0.59% against the US Dollar on Thursday. The currency pair breached the 50– hour simple moving average on Friday morning.
The US Dollar declined by 90 pips or 0.67% against the Canadian Dollar on Thursday. The currency pair breached the 50– hour simple moving average during Thursday's trading session.
The 50– hour simple moving average pressured the AUD/USD currency pair lower on Thursday. The currency pair breached the upper boundary of a narrow descending channel pattern during yesterday's trading session.
The common European currency versus the Japanese Yen has continued to trade between the range of 123.18/122.60 levels. All things being equal, a breakout is likely to occur during the following trading session.
Yesterday, the XAU/USD exchange rate tumbled below the monthly S1 located at the 1,862.47 mark.