On Wednesday, the USD/JPY currency pair consolidated in the 106.20 area. During today's morning, the pair maintained its consolidation.
Yesterday, the GBP/USD exchange rate failed to decline below the 1.2800 level. During Thursday morning, the rate was trading at 1.3300.
On Wednesday, the EUR/USD currency pair traded downwards. During today's morning, the pair re-tested the lower line of the medium-term ascending channel circa 1.1790.
The New Zealand Dollar declined by 43 basis points or 0.64% against the US Dollar on Wednesday. The currency pair tested the lower boundary of an ascending channel pattern on Thursday morning.
The US Dollar declined by 45 basis points or 0.35% against the Canadian Dollar on Wednesday. The decline was stopped by the 50– hour simple moving average at 1.3052 during Wednesday's trading session.
The Australian Dollar has declined by 81 basis points or 1.09% against the US Dollar since yesterday's trading session. The currency pair breached the lower boundary of an ascending channel pattern on Wednesday.
The common European currency has declined by 93 basis points or 0.74% against the Japanese Yen since Wednesday's trading session.
Yesterday, the XAU/USD exchange rate reversed south from the 1,990.00 level. During today's morning, the rate was testing the support provided by the 100-hour SMA near 1,960.00.
On Tuesday, the USD/JPY currency pair appreciated gradually. During today's morning, the pair was trading at 106.20.
Yesterday, the GBP/USD exchange rate reversed south from the 1.3470 level. During Wednesday morning, the rate was testing the 100-hour SMA near 1.3330.
On Tuesday, the EUR/USD currency pair reversed south from the upper line of the medium-term ascending channel. During today's morning, the pair was testing the support level formed by the weekly and monthly PPs, as well the 200-hour SMA near 1.1860.
The New Zealand Dollar declined by 34 points or 0.50% against the US Dollar on Tuesday. The 50– hour simple moving average provided support for the NZD/USD currency pair during Tuesday's trading session.
The US Dollar edged higher by 90 points or 0.69% against the Canadian Dollar on Tuesday. The currency pair tested the 100– hour simple moving average at 1.3079 during yesterday's trading session.
The Australian Dollar declined by 50 points or 0.67% against the US Dollar on Tuesday. The currency pair breached the 50– hour simple moving average during Tuesday's trading session.
The common European currency declined by 82 points or 0.65% against the Japanese Yen on Tuesday. The currency pair breached the 50– hour simple moving average during yesterday's trading session.
Yesterday, the XAU/USD exchange rate traded sideways in the 1,970.00 area. During Tuesday morning, the rate jumped to 1,990.00.
On Monday, the USD/JPY currency pair failed to exceed the resistance provided by the 100– and 200-hour SMAs. During today's morning, the pair was testing the 55-hour SMA near 105.74.
Yesterday, the GBP/USD exchange rate exceeded the 1.3380 level. During Tuesday morning, the rate raised to the weekly R1 at 1.3456.
On Monday, the EUR/USD currency pair raised to the weekly R1 at 1.1963. During today's morning, the pair tested the upper line of the medium-term ascending channel at 1.1996.
The New Zealand Dollar has surged by 45 pips or 0.67% against the US Dollar since Monday's trading session. The 50– hour simple moving average pressured the price higher during yesterday's trading session.
The 50– hour simple moving average pressured the US Dollar lower against the Canadian Dollar on Monday. A breakout occurred through the lower boundary of a descending channel pattern on Tuesday morning.
The Australian Dollar surged by 49 pips or 0.67% against the US Dollar on Monday. The currency pair tested the upper line of an ascending channel pattern during yesterday's trading session.
The 200– hour simple moving average provided support for the EUR/JPY currency pair on Monday. As a result, the single European currency surged 141 pips or 1.13% against the Japanese Yen during yesterday's trading session.
During previous trading session, the XAU/USD exchange rate raised to the 1,975.00 level. During Monday morning, the rate reversed south.