The Australian Dollar surged by 86 pips or 1.13% against the US Dollar on Friday. The currency pair breached the 50-, 100– and 200– hour SMAs during Friday's trading session.
Upside risks dominated the EUR/JPY currency pair during Friday's trading session. As a result, the Euro surged by 75 pips or 0.60% against the Yen on Friday.
Yesterday, the XAU/USD exchange rate declined to the 1,790.00 level.
Since today's early morning hours, the USD/JPY currency pair has been testing the 105.60 level.
During Friday morning hours, the GBP/USD exchange rate pierced the weekly PP at 1.3694.
The EUR/USD currency pair has declined to the 1.1960 level.
The XAU/USD exchange rate has tumbled below the psychological level at 1,820.00.
During today's morning, the USD/JPY currency pair started to test the resistance level—the weekly R1 at 105.28.
The GBP/USD exchange rate continued to trade downwards, pressured by a descending trend line.
During Thursday morning hours, the EUR/USD currency pair declined below the weekly S2 at 1.2002.
The New Zealand Dollar declined by 35 pips or 0.49% against the US Dollar on Wednesday. The decline was stopped by a support cluster at 0.7185 during yesterday's trading session.
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.