The single European currency traded between the range of 120.33/119.78 on Thursday. The currency pair tested the monthly S1 at 120.33 during the Asian session on Friday.
On Thursday, the XAU/USD exchange rate raised to the 1,580.00 level. During today's morning, the rate was trading at the given level.
Yesterday, the USD/JPY currency pair failed to surpass the 109.20 level. During today's morning, the pair was testing the support formed by the weekly S1 and the monthly PP at 108.90.
Yesterday, the GBP/USD exchange rate broke the short-term descending channel. During Thursday morning, the rate was testing the resistance formed by the 55-hour SMA at 1.3015.
On Wednesday, the EUR/USD currency pair reversed north from the support level formed by the weekly S1 at 1.0992. During today's morning, the pair was testing the resistance formed by the 55– and 100-hour SMAs circa 1.1015.
The 50– hour simple moving average has continued to pressure the New Zealand Dollar lower against the US Dollar since Wednesday's trading session. The currency pair breached the monthly S1 at 0.6517 on Thursday morning.
The US Dollar has appreciated by 55 basis points against the Canadian Dollar since yesterday's trading session. The currency pair breached the weekly R1 at 1.3195 on Thursday morning.
The Australian Dollar has depreciated by 48 basis points against the US Dollar since Wednesday's trading session. The currency pair is currently trading in a descending channel pattern.
The common European currency has declined by 58 basis points against the Japanese Yen since Wednesday's trading session. The 50– and 100– hour SMAs pressured the currency pair lower on Wednesday.
On Tuesday, the XAU/USD exchange rate declined to the support formed by the 200-hour SMA at 1,564.00. During today's morning, the rate reversed north.
Yesterday, the USD/JPY currency pair reversed north from the lower boundary of the rising wedge pattern (4H time-frame chart). During Wednesday morning, the pair was testing the 100-hour SMA at 109.20.
Yesterday, the GBP/USD exchange rate declined to the lower boundary of the short-term descending channel at 1.2980. During Wednesday morning, the rate was testing the upper channel line.
On Tuesday, the EUR/USD currency pair re-tested the lower boundary of the short-term descending channel at 1.1000. During today's morning, the pair was trading downwards.
The New Zealand Dollar appreciated by 33 basis points or 0.51% in value against the US Dollar on Tuesday. The currency pair tested a resistance cluster formed by the weekly S2 and the 50– hour SMA at 0.6555 during yesterday's trading session.
The US Dollar declined by 49 pips or 0.37% in value against the Canadian Dollar on Tuesday. The currency pair tested the 100– hour simple moving average support level at 1.3161 during yesterday's trading session.
The Australian Dollar surged by 39 pips or 0.58% in value against the US Dollar on Tuesday. The currency pair breached both the 50– hour simple moving average and the weekly S2 at 0.6770 during yesterday's trading session.
The common European currency surged by 60 basis points or 0.50% in value against the Japanese Yen on Tuesday. The currency pair tested the monthly S1 at 120.33 during yesterday's trading session.
On Monday, the XAU/USD exchange rate consolidated in the 1,580.00/1,585.00 area. During today's morning, the rate maintained its consolidation.
Yesterday, the USD/JPY currency pair tried to surpass the support level formed by the weekly S1 and the monthly PP at 108.90. During today's morning, the rate continued to test the given level.
Yesterday, the GPB/USD exchange rate tried to surpass the resistance formed by the 55– and 100-hour SMAs. During Tuesday morning, the rate declined to the lower boundary of the medium-term ascending channel.
On Monday, the EUR/USD currency pair declined along the lower boundary of the short-term descending channel. During today's morning, the rate was trading at 1.1020 level.
The New Zealand Dollar edged lower by 47 pips or 0.71% in value against the US Dollar. The decline continues during the morning hours of Tuesday's trading session.
The US Dollar edged higher by 49 basis points or 0.37% in value against the Canadian Dollar on Monday. The currency pair tested the weekly R1 at 1.3197 during yesterday's trading session.
The Australian Dollar declined by 61 pips or 0.89% in value against the US Dollar on Monday. The 50– hour simple moving average pressured the currency pair lower during yesterday's trading session.