The European single currency depreciated by 42 basis points against the Japanese Yen on Wednesday. The 50– and 100– hour simple moving averages are providing resistance for the currency pair at 121.99.
On Tuesday, the XAU/USD exchange rate tested the support level formed by the monthly PP at 1,475.51. During today's morning, the rate reversed north.
Yesterday, the USD/JPY currency pair reversed south from the upper boundary of the long-term descending channel. During Wednesday morning, the pair was testing the support formed by the 100-hour SMA at 109.41.
Yesterday, the GBP/USD exchange rate declined to the support formed by the weekly S1 and the monthly R2 in the 1.3100 area. During Wednesday morning, the rate was testing the given support.
On Tuesday, the EUR/USD currency pair declined to the support level—the weekly PP at 1.1126. During today's morning, the pair was testing the given support.
The New Zealand Dollar depreciated by 38 basis points against the US Dollar on Tuesday. The currency pair breached the 200– hour simple moving average during yesterday's trading session.
The US Dollar depreciated by 38 basis points against the Canadian Dollar on Tuesday. The currency pair tested the monthly support level at 1.3149 during yesterday's trading session.
The Australian Dollar depreciated about 31 basis points against the US Dollar on Tuesday. The currency pair is currently trading in a narrow descending channel pattern.
The common European currency has declined by 59 basis points against the Japanese Yen since Tuesday's trading session. The weekly R2 at 122.42 provided resistance for the currency pair on Tuesday.
On Monday, the XAU/USD exchange rate traded sideways, trying to exceed the 1,480.00 level. During today's morning, the rate was trading near the given level.
Yesterday, the USD/JPY currency pair raised to the upper boundary of the long-term descending channel at 109.70. During Tuesday morning, the pair was testing the given line.
Yesterday, the GBP/USD exchange rate declined to the 1.3270 mark. During Tuesday morning, the rate was testing the support level formed by the 200-hour SMA and the Fibo 50.00% at 1.3196.
On Monday, the EUR/USD currency pair consolidated at the 1.1140 level. During today's morning, the pair was trading at the given level.
The New Zealand Dollar has depreciated by 42 basis points against the US Dollar since yesterday's trading session. A breakout occurred through the lower boundary of an ascending channel pattern at 0.6583 during the European trading session on Tuesday
The US Dollar depreciated by 68 basis points against the Canadian Dollar on Monday. The currency pair tested a support level formed by the weekly S1 at 1.3122 during yesterday's trading session.
The Australian Dollar has depreciated by 51 basis points against the US Dollar since yesterday's trading session. The currency pair breached the 50-, 100– and 200– hour SMAs since the previous session.
The common European currency appreciated by 57 basis points against the Japanese Yen Monday. The currency pair was guided up by the 50– hour simple moving average during yesterday's trading session.
The New Zealand Dollar depreciated by 41 basis points against the US Dollar on Friday. The decline was stopped by the weekly pivot point at 0.6583 during Friday's trading session.
On Friday, the XAU/USD exchange rate extended gains and exceeded the 1,475.00 level. During today's morning, the rate was testing the support level—the monthly PP.
At the end of last week, the USD/JPY currency pair reversed south from the upper boundary of the long-term descending channel. During Monday morning, the pair was trading at the 109.40 mark.
At the previous trading session, the GBP/USD exchange rate declined to the 1.3350 level. During Monday morning, the rate was trading at the given level.
On Friday, the EUR/USD currency pair dropped to the support level formed by the 100-hour SMA at 1.1113. During today's morning, the pair was testing the resistance firmed by the monthly R1 and the 55-hour SMA at 1.1140.
The US Dollar has depreciated by 70 basis points against the Canadian Dollar since Friday's trading session. The currency pair breached the monthly S1 at 1.3149 during the morning hours of today's session.
The Australian Dollar depreciated by 62 basis points against the US Dollar on Friday. The currency pair breached the 50– hour simple moving average at 0.6894 during Friday's trading session.