Yesterday, the GBP/USD exchange rate failed to exceed the resistance level at 1.3700.
On Thursday, the EUR/USD currency pair touched the 1.2120 level.
The New Zealand Dollar surged by 57 points or 0.79% against the US Dollar on Thursday. The currency pair breached the weekly pivot point at 0.7234 during yesterday's trading session.
The US Dollar edged lower by 75 points or 0.59% against the Canadian Dollar on Thursday. The currency pair tested the lower boundary of a narrow descending channel pattern during yesterday's trading session.
The AUD/USD currency pair bounced off from a support cluster at 0.7740 on Thursday. As a result, the Australian Dollar surged by 56 points or 0.72% against the US Dollar during yesterday's trading session.
The common European currency fell by 54 points or 0.42% against the Japanese Yen on Thursday. The 50– hour simple moving average pressured the currency pair lower during yesterday's trading session.
On Wednesday, the XAU/USD exchange rate bounced off the Fibo 23.60% at 1,860.59.
Yesterday, the USD/JPY currency pair raised to the 104.00 mark.
Yesterday, the GBP/USD exchange rate bounced off the psychological level at 1.3700.
Since Wednesday afternoon, the EUR/USD currency pair has been testing the support level at 1.2140.
The New Zealand Dollar declined by 61 pips or 0.84% against the US Dollar on Wednesday. The currency pair breached the 50– and 100– hour SMAs during yesterday's trading session.
The US Dollar declined by 60 pips or 0.47% against the Canadian Dollar on Wednesday. A breakout occurred through the lower boundary of an ascending channel pattern during yesterday's trading session.
The Australian Dollar declined by 47 pips or 0.60% against the US Dollar on Wednesday. The decline was stopped by a support cluster formed by the 50-, 100– and 200– hour SMAs at 0.7740 during yesterday's trading session.
The common European currency declined by 48 pips or 0.38% against the Japanese Yen on Wednesday. The currency pair breached the weekly support level at 126.22 during yesterday's trading session.
Since Tuesday, the XAU/USD exchange rate has been testing the resistance level—the Fibo 23.60% at 1,860.59.
During today's morning, the USD/JPY currency pair reversed north from the support level—the weekly PP at 103.56.
Yesterday, the GBP/USD exchange rate breached the short-term descending channel north and skyrocketed to 1.3700.
During Wednesday morning hours, the EUR/USD currency pair bounced off the resistance provided by the 100-hour SMA near 1.2210.
The New Zealand Dollar surged by 84 points or 1.18% against the US Dollar on Tuesday. The currency pair tested the upper boundary of a descending channel pattern at 0.7240 during yesterday's trading session.
The US Dollar declined by 84 points or 0.66% against the Canadian Dollar on Tuesday. The currency pair tested the lower boundary of an ascending channel pattern at 1.2703 on Wednesday morning.
The Australian Dollar edged higher by 87 points or 1.13% against the US Dollar on Tuesday. The currency pair breached the 50-, 100– and 200– hour SMAs during yesterday's trading session.
The single European currency declined by 36 points or 0.30% against the Japanese Yen on Tuesday. The 200– hour simple moving average provided resistance for the currency pair during yesterday's trading session.
Since Tuesday morning, the XAU/USD exchange rate pierced the resistance level formed by the 55-hour SMA and the Fibo 23.60% near 1,860.00.
Since Monday, the USD/JPY currency pair has been consolidating in the 104.20 area.