During the last 24 hours of trading, the US Dollar has depreciated about 71 basis points against the Canadian Dollar. The USD/CAD currency pair breached the lower boundary of an ascending channel pattern during the morning hours of Friday's trading session.
Bullish momentum dominated the Australian Dollar versus the US Dollar on Thursday. The currency pair appreciated about 60 basis points during yesterday's trading session.
Upside risks dominated the common European currency against the Japanese Yen on Thursday, thus, allowing the currency pair to gained about 109 basis points during yesterday's trading session.
Yesterday, the XAU/USD exchange rate re-tested the psychological level at 1,515.00. During Thursday morning, the rate was testing the support formed by the 55– and 100-hour SMAs at 1,504.00.
On Wednesday, the USD/JPY currency pair tested the short-term ascending channel. During today's morning, the pair was trading at the 107.40 mark.
Yesterday, the GBP/USD exchange rate traded sideways around the weekly S1 at 1.2228. During Thursday morning, the rate was testing the resistance level formed by the 100– and 200-hour SMAs, as well the monthly PP at 1.2228.
During Wednesday, the EUR/USD currency pair tried to breach the short-term descending channel north. During today's morning, the pair skyrocketed to the weekly R1 at 1.1028.
The New Zealand Dollar depreciated about 45 basis points against the US Dollar on Wednesday. The currency pair was pressured by the monthly pivot point during yesterday's trading session.
The US Dollar appreciated about 50 basis points against the Canadian Dollar on Wednesday. The currency pair tested October 3 swing high at 1.3346 during yesterday's trading session.
The Australian Dollar depreciated about 38 basis points against the US Dollar on Wednesday. However, the currency pair reversed north during the morning hours of Thursday's trading session.
The single European currency has appreciated about 0.93% in value against the Japanese Yen since October 9. The currency pair reversed from the support level at 117.60 during the morning hours of Thursday's trading session.
The New Zealand Dollar depreciated about 34 basis points against the US Dollar on Tuesday. The currency pair tested a support level formed by the lower line of an ascending channel at 0.6291 during Tuesday's trading session.
The US Dollar edged lower against the Canadian Dollar on Tuesday. The currency pair declined by about 46 basis points during yesterday's trading session.
Yesterday, the price for gold raised to the psychological level at 1,510.00. During Wednesday morning, the XAU/USD exchange rate was testing the given level.
During Tuesday, the USD/JPY currency pair tried to surpass the resistance level formed by the weekly PP at 107.31. During today's morning, the pair was testing the given level.
Yesterday, the British Pound tumbled to 1.2200 against the US Dollar. During Wednesday morning, the GBP/USD exchange rate jumped to the 1.2260 mark.
On Tuesday, the EUR/USD currency pair dropped to the support level formed by the 200-hour SMA and the weekly PP circa 1.0950. During today's morning, the pair raised to the 1.0980 mark.
On Tuesday, the Australian Dollar depreciated by about 32 basis points against the US Dollar. A breakout occurred through the lower boundary of an ascending channel pattern at 0.6743 at the end of the previous session.
Downside risks prevailed in the market on Tuesday, thus, sending the common European currency to crash by 78 basis points against the Japanese Yen.
During Monday, gold depreciated against the US Dollar. During today's morning, the XAU/USD exchange rate raised to the 1,505.00 level.
Yesterday, the USD/JPY currency pair reached the upper boundary of the falling wedge pattern at 107.44. During Tuesday morning, the pair reversed south from the line.
On Monday, the GBP/USD exchange rate traded sideways around the 1.2300 level. During today's morning, the rate dropped to the support level—the weekly S1 at 1.2228.
Yesterday, the EUR/USD currency pair tested the psychological level at 1.1000. During Tuesday morning, the pair was trading near the given level.
The New Zealand Dollar edged lower by 0.55% in value against the US Dollar on Monday. The decline was stopped by a support cluster formed by the 100– hour simple moving average and the weekly pivot point at 0.6285 during the previous trading session.