Yesterday, the XAU/USD exchange rate reversed north from the trend line at 1,278.40.
The previous forecast worked, and the USD/JPY currency pair traded down. During Tuesday's morning, the pair reached the psychological level at 111.40.
On Monday, the GBP/USD exchange rate tried to surpass the resistance level formed by the Fibonacci 23.90% retracement and the weekly PP at 1.2936.
During Monday's session, the EUR/USD currency pair surpassed the 1.1180 level. During Tuesday's morning, the pair was testing the 200-hour SMA at 1.1203.
The price for gold reached the psychological level at 1,288.00 and dropped to trend line located at the 1.281.58.
On Friday, the USD/JPY currency pair traded sideways between the 111.60 and 111.80 levels.
During the previous trading session, the GBP/USD exchange rate tested the Fibonacci 23.90% retracement at 1.2938.
At the end of the previous week, the EUR/USD currency pair tried to surpass the 1.1160 level.
On Thursday, the XAU/USD exchange rate surpassed the 200-hour SMA and reached the psychological level at 1,282.00.
During the previous trading session, the USD/JPY currency pair dropped to the weekly S3 at 111.38 and reversed north.
Yesterday, the GBP/USD currency pair reversed north from the lower boundary of the falling wedge pattern at 1.2880. During today's morning, the pair tested the resistance of the 55-hour SMA at 1.2910.
On Thursday, the EUR/USD exchange rate declined to the lower boundary of the medium-term descending channel at 1.1120. During Friday's morning, the rate started trade up.
The New Zealand Dollar bounced off the lower boundary of a descending channel pattern at 0.6580 on Thursday. The Kiwi has gained about 69 base points against the US Dollar since yesterday's trading session.
The US Dollar has been trading with low volatility against the Canadian Dollar since yesterday's trading session. The currency pair depreciated about 41 base points on Thursday.
The Australian Dollar has continued to trade in a descending channel pattern against the US Dollar. The currency pair tested the lower boundary of the channel at 0.6991 during yesterday's trading session.
The common European currency depreciated about 97 base points against the Japanese Yen on Thursday. The decline was stopped by a support level formed by the weekly S3 at 124.26.
Yesterday, the XAU/USD exchange rate extended gains and reached the psychological level at 1,278.00.
On Wednesday, the USD/JPY currency pair skyrocketed to the weekly R2 at 112.37, and dropped dramatically to the 111.85 level.
During previous trading session, the GBP/USD exchange rate declined to the weekly S2 at 1.2894. During Thursday's morning, the rate tried to surpass the given support.
Yesterday, the EUR/USD currency pair renewed the 2018/2019 minimum located at 1.1141.
The 50-hour simple moving average pressured the New Zealand Dollar lower against the US Dollar on Wednesday. The currency pair depreciated about 75 base points during yesterday's trading session.
The US Dollar continued its upside movement against the Canadian Dollar on Wednesday. The currency pair ended yesterday's trading session with a 98 base points gain.
The decline of the Australian Dollar versus the US Dollar continued during Wednesday's trading session. The currency pair depreciated about 99 base points on Wednesday.
The common European currency has continued its decline against the Japanese Yen. The currency pair depreciated about 79 base points during Wednesday's trading session.