Yesterday, the GBP/USD exchange rate consolidated in the 1.2420 area. During Tuesday morning, the rate jumped to the weekly R1 at 1.2500.
On Monday, the EUR/USD currency pair traded sideways in the 1.0840 area. During today's morning, the pair skyrocketed to the Fibo 23.60% at 1.0868.
The New Zealand Dollar declined by 54 basis points or 0.89% against the US Dollar on Monday. The currency pair breached the 50– hour simple moving average during yesterday's trading session.
The US Dollar declined by 65 basis points or 0.46% against the Canadian Dollar on Monday. The currency pair tested the monthly pivot point at 1.4013 during yesterday's trading session.
The Australian Dollar edged higher by 41 basis points or 0.63% against the US Dollar on Monday. The currency pair breached the upper boundary of a descending channel pattern during Monday's trading session.
The Eurozone single currency declined by 38 basis points or 0.33% against the Japanese Yen on Monday. The currency pair was pressured by the 100– hour simple moving average during Monday's trading session.
During the previous trading session, the XAU/USD exchange rate traded sideways in the 1,724 area. During Monday morning, the rate was trading at 1,722.00.
On Friday, the USD/JPY currency pair declined to the 107.40. During today's morning, the pair broke to the lower boundary of the short-term descending channel.
At the end of last week, the GBP/USD exchange rate traded sideways in the 1.2350 area. During Monday morning, the rate raised to the 1.2450 level.
The New Zealand Dollar has surged by 98 pips or 1.64% against the US Dollar since Friday's trading session. A breakout occurred through the upper boundary of a descending channel pattern on Monday morning.
On Friday, the EUR/USD currency pair raised to the 100-hour SMA near 1.0820. During today's morning, the pair raised to the resistance formed by the 200-hour SMA near 1.0850.
The US Dollar declined by 81 pips or 0.58% against the Canadian Dollar on Friday. The currency pair tested the upper boundary of a junior descending channel pattern at 1.4118 during Friday's trading session.
The Australian Dollar has surged by 129 pips or 2.04% against the US Dollar since Friday's trading session. The currency pair tested the upper boundary of a dominant descending channel pattern on Monday morning.
The common European currency surged by 84 pips or 0.72% against the Japanese Yen on Friday. The currency pair tested the 100– hour simple moving average during Friday's trading session.
On Thursday, the XAU/USD exchange rate raised to the psychological level at 1,740.00. During today's morning, the rate was trading at 1,730.00.
Yesterday, the USD/JPY currency pair touched the 107.40 level. During Friday morning, the pair was testing the resistance level formed by the 55– and 100-hour SMAs, as well the weekly PP at 107.70.
Yesterday, the GBP/USD exchange rate tried to surpass the weekly S1 at 1.2395. During Friday morning, the rate declined below the monthly PP at 1.2345.
On Thursday, the EUR/USD currency pair failed to decline below the 1.0760 level. During today's morning, the pair touched the 1.0740 mark.
The New Zealand Dollar surged by 123 basis points or 2.08% against the US Dollar on Thursday. The currency pair breached the 50-, 100– and 200– hour SMAs during Thursday's trading session.
The US Dollar fell by more than 170 basis points or 1.24% against the Canadian Dollar on Thursday. The decline was stopped by a support cluster formed by the weekly and monthly PPs at 1.4011 during yesterday's trading session.
The Australian Dollar surged by 99 basis points or 1.57% against the US Dollar on Thursday. A breakout occurred through the upper boundary of a descending channel pattern during Thursday's trading session.
The single European currency has declined more than 110 basis points or 0.98% against the Japanese Yen since Thursday's trading session. The currency pair breached the support cluster at the 116.08 area on Thursday.
Yesterday, the XAU/USD exchange rate raised to the 1,720.00 level. During Thursday morning, the rate surpassed the given level.
On Wednesday, the USD/JPY currency pair tested the upper boundary of the short-term descending channel near 107.85. During today's morning, the pair reversed south from the given line.