The Australian Dollar declined by 98 basis points or 1.61% in value against the US Dollar on Thursday.
The 50– hour simple moving average has been driving the EUR/JPY currency pair lower since March 27. The pair tested March 9 lows at 116.26 during Thursday's trading session.
On Wednesday, the XAU/USD exchange rate failed to surpass the 1,600.00 level. During today's morning, the rate was trading at the 1,590.00 mark.
Yesterday, the USD/JPY currency pair consolidated in the 107.50 area. During Thursday morning, the pair maintained its consolidation.
Yesterday, the GBP/USD exchange rate maintained its consolidation in the 1.2400 area. During Thursday morning, the rate continued to consolidate.
On Wednesday, the EUR/USD currency pair consolidated in the 1.0950 area. During today's morning, the pair was testing the support provided by the 200-hour SMA near 1.0900.
The NZD/USD currency pair has revealed a new junior descending channel. The channel pattern guided the price during yesterday's trading session.
The US Dollar surged by 153 pips or 1.08% in value against the Canadian Dollar on Wednesday. The currency pair tested the 200– hour simple moving average at 1.4234 during Wednesday's trading session.
The Australian Dollar declined by 97 pips or 1.58% in value against the US Dollar on Wednesday. The currency pair breached the 50– and 100– hour simple moving average during yesterday's trading session.
The common European currency declined by 188 pips or 1.58% in value against the Japanese Yen on Wednesday. The currency pair tested the 117.00 area during yesterday's trading session.
Yesterday, the XAU/USD exchange rate declined to the 200-hour SMA near 1,575.00. During Wednesday morning, the rate reversed north from the given support.
On Tuesday, the USD/JPY currency pair tried to exceed the 108.50 level. During today's morning, the pair was testing the resistance formed by the Fibo 38.20% and the 55-hour SMA near 107.90.
Yesterday, the GBP/USD exchange rate consolidated in the 1.2400 area. During Wednesday morning, the rate maintained its consolidation.
On Tuesday, the EUR/USD currency pair consolidated in the 1.1000 area. During today's morning, the pair was trading near the weekly PP at 1.0977.
The New Zealand Dollar declined by 126 basis points or 2.09% in value against the US Dollar. The currency pair breached the 50– and 100– hour SMAs during yesterday's trading session.
The US Dollar declined by 327 basis points or 2.28% in value against the Canadian Dollar on Tuesday. The currency pair tested the weekly pivot point at 1.4013 during yesterday's trading session.
The Australian Dollar has declined by 142 basis points or 2.28% in value against the US Dollar since yesterday's trading session. A breakout occurs through the lower boundary of an ascending channel pattern on Wednesday morning.
The common European currency declined by 145 basis points or 1.21% in value against the Japanese Yen on Tuesday. The EUR/JPY currency pair breached the lower boundary of an ascending channel pattern at 118.38 on Wednesday morning.
On Monday, the XAU/USD exchange rate maintained its consolidation in the 1,620.00 area. During today's morning, the rate was testing the support level—the monthly PP at 1,607.96.
Yesterday, the USD/JPY currency pair tried to exceed the Fibo 38.20% at 107.87. During Tuesday morning, the pair was testing the given level.
Yesterday, the GBP/USD exchange rate consolidated near the resistance level—the monthly S2 at 1.2452. During Tuesday morning, the rate maintained its consolidation.
On Monday, the EUR/USD currency pair traded downside. During today's morning, the pair was testing the support formed by the weekly and monthly PPs in the 1.0970 area.
The New Zealand Dollar declined by 64 pips or 1.06% in value against the US Dollar on Monday. The decline was stopped by the 50– hour simple moving average during yesterday's trading session.
The US Dollar surged by 175 pips or 1.25% in value against the Canadian Dollar on Monday. The currency pair breached a resistance cluster at 1.4152 during yesterday's trading session.