The US Dollar edged lower by 81 pips or 0.63% against the Canadian Dollar on Tuesday. A breakout occurred through the lower boundary of an ascending channel pattern during yesterday's trading session.
The Australian Dollar fell by 92 pips or 1.20% against the US Dollar on Tuesday. The currency pair tested the weekly support level at 0.7566 during Tuesday's trading session.
The common European currency declined by 53 pips or 0.42% against the Japanese Yen on Tuesday. The decline was stopped by the 200– hour simple moving average at 126.34 during yesterday's trading session.
Yesterday, the XAU/USD exchange rate bounced off the 1,870.00 level.
Since Tuesday evening, the USD/JPY currency pair has been testing the resistance level—the Fibo 23.60% at 105.03.
Since yesterday, the GBP/USD exchange rate has been testing the lower line of the rising wedge pattern.
On Monday, the EUR/USD currency pair pierced the support level—the weekly S1 at 1.2070.
The New Zealand Dollar declined by 47 pips or 0.66% against the US Dollar on Monday. The currency pair tested the lower boundary of an ascending channel pattern at 0.7155 during yesterday's trading session.
The US Dollar surged by 101 pips or 0.79% against the Canadian Dollar on Monday. The currency pair breached the 50– and 100– hour SMAs during Monday's trading session.
The Australian Dollar edged lower by 45 pips or 0.58% against the US Dollar on Monday. The currency pair was pressured lower by the 50– hour simple moving average during yesterday's trading session.
The Eurozone single currency fell by 52 pips or 0.41% against the Japanese Yen on Monday. The currency pair breached the 50– hour simple moving average at 126.85 during Monday's trading session.
On Friday, the XAU/USD exchange rate re-tested the resistance level at 1,875.00.
During today's morning hours, the USD/JPY currency pair exceeded the psychological level at 104.80.
The GBP/USD exchange rate continues to follow the rising wedge pattern.
During Monday morning hours, the EUR/USD currency pair dropped to the support level—the weekly S1 at 1.2070.
The New Zealand Dollar declined by 69 pips or 0.96% against the US Dollar during the previous session. The currency pair tested the 50– hour simple moving average on Monday morning.
The US Dollar declined by 118 pips or 0.92% 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 declined by 67 pips or 0.87% against the US Dollar on Friday. The 100– hour simple moving average pressured the currency pair lower during Friday's trading session.
The single European currency surged by 91 pips or 0.72% against the Japanese Yen on Friday. The currency pair breached the upper line of an ascending channel pattern during Friday's trading session.
As apparent on the chart, the XAU/USD exchange rate continued to decline within a falling wedge pattern.
During Friday morning hours, the USD/JPY currency pair skyrocketed to the 104.80 mark.
The GBP/USD exchange rate continues to trade within a rising wedge pattern,
As apparent on the chart, the EUR/USD currency pair has been trading sideways since Wednesday late evening.
The New Zealand Dollar surged by 85 basis points or 1.19% against the US Dollar on Thursday. The surge was stopped by a resistance cluster at 0.7188 during yesterday's trading session.