The Eurozone single currency depreciated by 114 basis points against the Japanese Yen on Friday. The currency pair tested the 50– hour simple moving average at 121.50 during the previous trading session.
On Thursday, the XAU/USD exchange rate tumbled to the 1,465.00 level. During today's morning, the rate went up.
Yesterday, the USD/JPY currency pair exceeded the 109.40 level. During Thursday morning, the pair was testing the upper boundary of the long-term descending channel at 109.67.
Yesterday, the GBP/USD exchange rate skyrocketed to the resistance level formed by the Fibo 61.80% and the weekly R1 at 1.3500. During Friday morning, the rate reversed south.
On Thursday, the EUR/USD currency pair jumped to the resistance level—the weekly R2 at 1.1174. During today's morning, the pair was trading near the given level.
Upside movement dominated the New Zealand Dollar versus the US Dollar on Thursday. The currency pair tested a resistance cluster formed by the weekly R1 and the monthly R2 at 0.6624.
The 50– hour simple moving average has continued to pressure the US Dollar lower against the Canadian Dollar. The currency pair depreciated by 42 basis points during yesterday's trading session.
Bullish momentum has continued to dominate the Australian Dollar against the US Dollar on Thursday. The currency pair hit November 5th high level at 0.6936 during yesterday's trading session.
The common European currency appreciated about 168 basis points against the Japanese Yen on Thursday. The currency pair hit a six-month high level at 122.50 during yesterday's trading session.
On Wednesday, the XAU/USD exchange rate tried to exceed the monthly PP at 1,475.51. During today's morning, the rate was testing the given resistance.
Yesterday, the USD/JPY currency pair tumbled to the 108.50 level. During Thursday morning, the pair reversed north to the 108.70 mark.
Yesterday, the GBP/USD exchange rate tried to surpass the psychological level at 1.3220. During Thursday morning, the rate was testing the support formed by the 55– and 100-hour SMAs.
On Wednesday, the EUR/USD currency pair skyrocketed to the monthly R1 at 1.1138. During today's morning, the pair reversed south.
The New Zealand Dollar appreciated about 77 basis points against the US Dollar on Thursday. The currency pair breached the upper boundary of an ascending channel pattern at 0.6595 during yesterday's trading session.
The US Dollar depreciated about 73 basis points against the Canadian Dollar on Thursday. The currency pair was pressured down by the 50– hour simple moving average during yesterday's trading session.
Upside risks have dominated the Australian Dollar against the US Dollar since yesterday's trading session. The currency pair has appreciated about 1.25% in value since Thursday's trading session.
The European single currency bounced off a support cluster formed by the weekly and monthly pivot points and the 100– hour simple moving average against the Japanese Yen during yesterday's trading session.
On Tuesday, the XAU/USD exchange rate traded sideways around the 1,465.00 level. During today's morning, the rate was testing the resistance formed by the 100– and 200-hour SMAs at 1,466.96.
Yesterday, the USD/JPY currency pair raised to the 108.80 level. During Wednesday morning, the pair was testing the support provided by the 55– and 100-hour SMAs circa 108.67.
Yesterday, the GBP/USD exchange rate traded between the Fibo 50.00% and the monthly R2, located at 1.3196 and 1.3115 respectively. During Wednesday morning, the rate was testing the resistance formed by the 55– and 100-hour SMAs at 1.3150.
On Tuesday, the EUR/USD currency pair failed to reach the psychological level at 1.1100. During today's morning, the pair was testing the support level formed by the 100-hour SMA at 1.1081.
The New Zealand Dollar depreciated by 37 basis points against the US Dollar on Tuesday. The currency pair tested the lower boundary of a descending channel pattern at 0.6522 on Wednesday morning.
The US Dollar traded sideways against the Canadian Dollar on Tuesday. The currency pair traded below the weekly and the monthly pivot points at 1.3242 during Tuesday's trading session.
The Australian Dollar depreciated about 35 basis points against the US Dollar on Tuesday. The currency pair tested the lower boundary of a descending channel pattern at 0.6800 during yesterday's trading session.