The Australian Dollar surged by 53 pips or 0.72% against the US Dollar on Monday. A breakout occurred through the upper boundary of a descending channel pattern during yesterday's trading session.
The single Eurozone currency declined by 62 pips or 0.49% against the Japanese Yen on Monday. The currency pair tested the 200– hour simple moving average at 125.47 on Tuesday morning.
Since Friday, the XAU/USD exchange rate has been trading sideways in the 1,950.00 area.
On Friday, the USD/JPY currency pair traded downwards. During today's morning, the pair was testing the weekly PP at 106.47.
At the end of last week, the GBP/USD exchange rate touched the 1.3140 level. During Monday morning, the rate was testing the support area formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP circa 1.3075.
On Friday, the EUR/USD currency pair revealed a rising wedge pattern. During today's morning, the pair re-tested the 1.1860 level.
The New Zealand Dollar gained 31 basis points or 0.48% against the US Dollar on Friday. The currency pair tested the 50– hour simple moving average at 0.6558 during Friday's trading session.
The US Dollar surged by 58 basis points or 0.44% against the Canadian Dollar on Friday. The currency pair tested the 100– hour simple moving average at 1.3263 during Friday's trading session.
The Australian Dollar surged by 40 basis points or 0.57% against the US Dollar on Friday. The currency pair breached the 200– hour simple moving average during Friday's trading session.
The common European currency made about 57 basis points or 0.45% move against the Japanese Yen on Friday. The currency pair tested the weekly pivot point at 125.76 during Friday's trading session.
Yesterday, the XAU/USD exchange rate reversed north from the monthly PP at 1,907.07. During Friday morning, the rate was trading at 1,950.00.
On Thursday, the USD/JPY currency pair raised to the weekly R2 at 107.08. During today's morning, the pair reversed south.
Yesterday, the GBP/USD exchange rate re-tested the psychological level at 1.3120. During Friday morning, the rate was testing the 200-hour SMA near 1.3080.
On Thursday, the EUR/USD currency pair reversed south from the psychological level at 1.1860. During today's morning, the pair was testing the support formed by the 55– and 200-hour SMAs, as well the weekly PP at 1.1800.
The New Zealand Dollar surged by 58 points or 0.88% against the US Dollar on Thursday. The currency pair tested the lower boundary of a descending channel pattern at 0.6535 on Friday morning.
The US Dollar declined by 51 points or 0.38% against the Canadian Dollar on Thursday. The 50– hour simple moving average pressured the currency pair lower during Thursday's trading session.
The Australian Dollar declined by 44 points or 0.61% against the US Dollar on Thursday. The currency pair tested the lower boundary of an ascending channel pattern at 0.7133 during Thursday's trading session.
The 50– hour simple moving average guided the single Eurozone currency against the Japanese Yen on Thursday. The currency pair made about 73 points or 0.58% during yesterday's trading session.
Yesterday, the XAU/USD exchange rate consolidated around the 1,930.00 level. During Thursday morning, the rate maintained its consolidation.
On Wednesday, the USD/JPY currency pair tried to exceed the Fibo 38.20% at 106.86. During today's morning, the pair was trading neat the given level.
Yesterday, the GBP/USD exchange rate reversed north from the lower line of the medium-term ascending channel. During Thursday morning, the rate was trading at 1.3090.
On Wednesday, the EUR/USD currency pair raised to the 1.1820 level. During today's morning, the pair was trading at 1.1830.
The New Zealand Dollar surged by 54 pips or 0.82% against the US Dollar on Wednesday. The currency pair tested the monthly pivot point at 0.6594 during yesterday's trading session.
The US Dollar plunged by 111 pips or 0.83% against the Canadian Dollar on Wednesday. The currency pair breached the weekly support level at 1.3259 during Wednesday's trading session.