During the past 24 hours, the US Dollar has appreciated about 75 base points against the Canadian Dollar. The pair was pressured up by the three SMAs, which were providing support for the rate at 1.3447.
The Australian Dollar traded in a horizontal line against the US Dollar on Tuesday. The currency pair made about 17 base points movement during yesterday's trading session.
The common European currency depreciated about 63 base points against the Japanese Yen on Tuesday. The pair was pressured south by the 50-hour simple moving average.
On Monday, the XAU/USD exchange rate declined to the lower boundary of the short-term ascending channel at 1,282.75. During today's morning, the rate reversed north.
During the previous trading session, the USD/JPY currency pair tried to surpass the resistance level formed by the 55-hour SMA and the Fibonacci 50.00% retracement at 109.58.
Yesterday, the GBP/USD exchange rate plummeted to the psychological level at the 1.2800 mark.
On Monday, the EUR/USD currency pair declined to the support level formed by a combination of the 100–, 200-hour SMAs, as well the weekly PP at 1.1175. During today's morning, the pair reversed north.
A junior ascending channel pattern guided the New Zealand higher against the US Dollar on Monday. The currency pair tested the monthly pivot point at 0.6560 during yesterday's trading session.
The US Dollar was stranded between the 38.2% and the 50.00% Fibonacci retracement level against the Canadian Dollar on Monday. As apparent on the 1(H) chart, the currency pair traded sideways movement during yesterday's trading session.
The Australian Dollar was guided up by a junior ascending channel pattern against the US Dollar during yesterday's trading session. The currency pair tested a swing high of 0.6940 on Monday.
The common European currency traded sideways movement against the Japanese Yen on Monday. The 50-hour simple moving average provided support for the currency pair during yesterday's trading session.
During the previous trading session, the XAU/USD exchange rate increased to the resistance formed by the monthly PP at the 1,287.27 mark. During Monday's morning, the rate was testing it.
During Friday, the USD/JPY currency pair surpassed the support level formed by the Fibonacci 50.00% retracement at 109.58.
At the end of the previous week, the GBP/USD exchange rate extended gains and reached the 200-hour moving average at the 1.2739 mark. However, as apparent on the chart, the rate did not surpass the given resistance.
On Friday, the EUR/USD currency pair raised to the upper boundary of the short-term descending channel at 1.1215. During today's morning, the pair reversed south.
The New Zealand Dollar appreciated about 42 base points against the US Dollar on Friday. The currency pair breached the 200-hour simple moving average during Friday's trading session.
The US Dollar depreciated about 55 base points against the Canadian Dollar on Friday. The currency pair breached the 50-hour simple moving average at 1.3443 during Friday's trading session.
The Australian Dollar appreciated about 52 base points against the US Dollar on Friday. The exchange rate dashed through the 200-hour simple moving average during Friday's trading session.
The single European currency traded with low volatility against the Japanese Yen on Friday. The currency pair breached the 50-hour simple moving average at 122.82 during Friday's trading session.
On Thursday, the price for gold skyrocketed the resistance level formed by the monthly PP at the 1,287.27 mark.
Yesterday, the USD/JPY currency pair dropped to the support level formed by the Fibonacci 50.00% retracement at 109.58. During Friday's morning, the pair was trying to surpass the given support.
On Thursday, the GBP/USD exchange rate rised to the 55-hour moving average, currently located at 1.2662. During today's morning, the rate tested the resistance formed by the 100-hour SMA at 1.2690.
During the previous trading session, the EUR/USD currency pair skyrocketed to the 200-hour SMA at the 1.1180 mark. During Friday's morning, the pair was testing the resistance level—the weekly PP at 1.1192.
Bullish sentiment dominated the New Zealand Dollar versus the US Dollar on Thursday. As a result, a breakout occurred through the upper boundary of a descending trendline during the morning hours of today's trading session.