On Thursday, the USD/JPY currency pair tested the support formed by the 200-hour SMA and the monthly PP at 106.02. During today's morning, the pair continued to test the given resistance.
Yesterday, the GBP/USD exchange rate tested the support level formed by the weekly and monthly PPs at 1.3250. During Friday morning, the rate reversed north.
On Thursday, the EUR/USD currency pair reversed north from the lower line of the medium-term ascending channel. During today's morning, the pair was testing the resistance formed by the weekly and monthly PPs, as well the 200-hour SMAs at 1.1860.
The Australian Dollar declined by 83 pips or 1.23% against the US Dollar on Thursday. A breakout occurred through the lower boundary of an ascending channel pattern during yesterday's trading session.
The US Dollar surged by 85 pips or 0.65% against the Canadian Dollar on Thursday. The currency pair tested the weekly pivot point at 1.3127 during yesterday's trading session.
The Australian Dollar declined by 65 pips or 0.89% against the US Dollar on Thursday. The currency pair breached a support cluster formed by the weekly and the monthly PPs at 0.7284 during Thursday's trading session.
The 200– hour simple moving average provided resistance for the Eurozone single currency against the Japanese Yen on Thursday.
Yesterday, the XAU/USD exchange rate dropped to the 1,935.00 level. During Thursday morning, the rate declined to 1,930.00.
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.