The US Dollar declined by 43 pips or 0.34% against the Canadian Dollar on Wednesday. The decline was stopped by the 200– hour simple moving average during yesterday's trading session.
The Australian Dollar edged higher by 30 pips or 0.36% against the US Dollar on Wednesday. The currency pair breached the 50– and 100– hour SMAs during yesterday's trading session.
During the first half of Wednesday's trading session, the common European currency declined by 35 pips or 0.28% against the Japanese Yen. However, the currency pair rebounded at the end of the day.
Yesterday, the XAU/USD exchange rate declined to the support level at 1,835.00.
Since Tuesday afternoon, the USD/JPY currency pair has been trading sideways near the Fibo 23.60% at 105.03.
On Tuesday, the GBP/USD exchange rate breached the rising wedge pattern south.
Yesterday, the EUR/USD currency pair declined to the 1.2020 level.
The NZD/USD currency pair bounced off the lower boundary if an ascending channel pattern at 0.7140 on Tuesday. As a result, the New Zealand Dollar surged by 58 pips or 0.82% against the US Dollar during yesterday's trading session.
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.