On Friday, the EUR/USD currency pair re-tested the support level formed by the monthly S2 at 1.0650. During today's morning, the pair was trading near the given support.
The New Zealand Dollar declined by 218 pips or 3.72% in value against the US Dollar on Friday. The currency pair breached the 50– hour simple moving average during Friday's trading session.
The US Dollar declined by 375 pips or 2.58% in value against the Canadian Dollar on Friday. The currency pair tested the lower boundary of an ascending channel pattern during Friday's trading session.
The Australian Dollar surged by 303 pips or 5.35% in value against the US Dollar on Friday. The currency pair tested the upper boundary of a descending channel pattern during Friday's trading session.
The common European currency has continued to trade within range against the Japanese Yen. The currency pair has been trading between the range of 119.29/117.15 since last week's trading sessions.
On Thursday, the XAU/USD exchange rate tested the support level—the monthly S2 at 1,466.10. During today's morning, the rate raised to the 1,505.00 area.
Yesterday, the USD/JPY currency pair tried to surpass the 111.00 level. During Friday morning, the pair was testing the support formed by the Fibo 50.00% at 109.58.
Yesterday, the GBP/USD exchange rate tried to surpass the 1.150 level. During Friday morning, the rate raised to the resistance formed by the 100-hour SMA near 1.1900.
On Thursday, the EUR/USD currency pair declined to the monthly S2 at 1.0650. During today's morning, the pair reversed north.
During the past 24 hours of trading, the New Zealand Dollar has surged by 381 pips or 6.93% in value against the US Dollar. The currency pair breached the 50– hour simple moving average at 0.5735 during the Asian trading session on Friday.
The US Dollar has declined by 458 pips or 3.13% in value against the Canadian Dollar since Thursday's trading session.
Since Yesterday's trading session, the Australian Dollar has surged by 443 basis points or 8.04% in value against the US Dollar. The currency pair breached the 50– hour simple moving average at 0.5793 on Friday morning.
The single European currency declined by 177 basis points or 1.48% in value against the Japanese Yen on Thursday. The currency pair has been trading between the range of 119.20/117.06 since the beginning of this week's trading sessions.
On Thursday, the XAU/USD exchange rate declined below the Fibo 23.60% at 1,497.76. During today's morning, the rate was testing the support level—the monthly S2 at 1,466.10.
Yesterday, the USD/JPY currency pair exceeded the Fibo 38.20% at 108.44. During Thursday morning, the pair was testing the Fibo 50.00% at 109.58.
Yesterday, the GBP/USD exchange rate surpassed the weekly S1 at 1.1642. During Thursday morning, the rate was testing the 1.1500 level.
On Wednesday, the EUR/USD currency pair tested the support level—the monthly S1 at 1.0840. During today's morning, the pair was re-testing the given support.
The New Zealand Dollar declined by 262 pips or 4.39% in value against the US Dollar on Wednesday. The currency pair tested the weekly S3 at 0.5447 during the first half of today's session.
Upside risks have been dominating the US Dollar against the Canadian since the beginning of March. The currency pair surged by 471 pips or 3.33% in value during yesterday's trading session.
The Australian Dollar depreciated by 298 pips or 4.94% in value against the US Dollar on Wednesday. The currency pair tested the psychological support level at 0.5500 during the morning hours of Thursday's trading session.
The common European currency surged by 186 pips or 1.59% in value against the Japanese Yen on Wednesday. The currency pair made a U-turn from the weekly S1 at 117.19 during yesterday's trading session.
On Tuesday, the XAU/USD exchange rate increased to the 1,540.00 level. During today's morning, the rate declined to the Fibo 23.60% at 1,497.76.
Yesterday, the USD/JPY currency pair raised to the 107.50 level. During Wednesday morning, the pair was trading near the given level.
Yesterday, the GBP/USD exchange rate declined to the 1.2000 level. During Wednesday morning, the rate was testing the given level.