The USD/JPY currency pair has been trading sideways in the 105.40 area since Thursday.
Yesterday, the GBP/USD exchange rate appreciated slightly. During Friday morning, the rate tested the weekly S1 at 1.2797.
Since Thursday, the EUR/USD currency pair has been consolidating near the weekly S2 at 1.1664.
The New Zealand Dollar surged by 38 pips or 0.59% against the US Dollar on Thursday. The currency pair breached the 50– hour simple moving average on Friday morning.
The US Dollar declined by 90 pips or 0.67% against the Canadian Dollar on Thursday. The currency pair breached the 50– hour simple moving average during Thursday's trading session.
The 50– hour simple moving average pressured the AUD/USD currency pair lower on Thursday. The currency pair breached the upper boundary of a narrow descending channel pattern during yesterday's trading session.
The common European currency versus the Japanese Yen has continued to trade between the range of 123.18/122.60 levels. All things being equal, a breakout is likely to occur during the following trading session.
Yesterday, the XAU/USD exchange rate tumbled below the monthly S1 located at the 1,862.47 mark.
On Wednesday, the USD/JPY currency pair raised to the 105.40 level.
Since yesterday, the GBP/USD exchange rate has been trading sideways in the 1.2725 area.
On Wednesday, the EUR/USD currency pair pierced the weekly S2 located at 1.1664.
The New Zealand Dollar declined by 96 basis points or 1.45% against the US Dollar on Wednesday. The currency pair breached the monthly support level at 0.6559 during Wednesday's trading session.
The US Dollar surged by 96 basis points or 0.72% against the Canadian Dollar on Wednesday. The currency pair tested the upper boundary of an ascending channel pattern at 1.3389 during yesterday's trading session.
The Australian Dollar declined by 114 basis points or 1.60% against the US Dollar on Wednesday. The currency pair maintained the descending channel pattern during yesterday's trading session.
The Eurozone single currency traded sideways against the Japanese Yen on Wednesday. The currency pair traded between the range of 123.18/122.60 during yesterday's trading session.
Yesterday, the XAU/USD exchange rate consolidated in the 1,910.00 area. During Wednesday morning, the rate dropped to 1,880.00.
On Tuesday, the USD/JPY currency pair raised to the 200-hour SMA near 105.15. During today's morning, the pair was testing the given resistance.
Yesterday, the GBP/USD exchange rate broke the lower boundary of the medium-term descending channel.
On Tuesday, the EUR/USD currency pair breached the medium-term descending channel south and touched 1.1680.
The New Zealand Dollar has declined by 91 points or 1.36% against the US Dollar since Tuesday's trading session. The currency pair tested the weekly S2 at 0.6597 on Wednesday morning.
The US Dollar traded sideways against the Canadian Dollar on Tuesday. The currency pair traded between the range of 1.3350/1.3297 during yesterday's trading session.
The Australian Dollar has surged by 105 points or 1.45% the US Dollar since Tuesday's trading session. The currency pair is currently trading in a narrow descending channel pattern.
The common European currency versus the Japanese Yen consolidated below the 50– hour simple moving average during Tuesday's trading session.
On Monday, the XAU/USD exchange rate tumbled to the 1,900.00 level. During today's morning, the rate was testing the given level.