Upside risk pressured the British Pound against the Japanese Yen on Tuesday. The currency pair bounced off a support cluster at the 150.23 area during yesterday's trading session.
Australia's Dollar fell by 40 pips or 0.50% against the US Dollar on Tuesday. The currency pair tested the bottom border of an ascending channel pattern during the Asian session on Wednesday.
Upside risks dominated the EUR/JPY currency pair on Tuesday. The common European currency edged higher by 86 pips or 0.66% against the Japanese Yen during Tuesday's trading session.
On Tuesday, the precious metal gold declined by 95 pips or 0.54% against the US Dollar. The commodity breached the 55– and 200– hour SMAs during yesterday's trading session.
During Tuesday's trading session, The US Dollar surged by 55 pips or 0.51% against the Japanese Yen. The currency pair breached the weekly R1 at 108.73 on Tuesday.
On April 27, the Pound Sterling surged by 56 pips or 0.40% against the US Dollar. The currency pair tested the upper line of a descending channel pattern at 1.3920 during Tuesday's trading session.
On April 27, the Eurozone single currency surged by 37 pips or 0.30% against the US Dollar. The currency pair tested the 1.2093 level during Tuesday's trading session.
Downside risks dominated the USD/CAD currency pair during Monday's trading session. As a result, the US Dollar fell by 97 pips or 0.78% against the Canadian Dollar on Monday.
The Pound Sterling surged by 78 pips or 0.52% against the Japanese Yen on Monday. The currency pair breached a resistance cluster at 150.23 during yesterday's trading session.
The Australian Dollar surged by 45 pips or 0.58% against the US Dollar on Monday. The currency pair tested the weekly resistance level at 0.7809 during Monday's trading session.
The Eurozone single currency surged by 49 pips or 0.38% against the Japanese Yen on Monday. The currency pair breached the resistance level at 130.48 during Monday's trading session.
On April 26, The XAU/USD exchange rate bounced off a support level formed by the 200– hour simple moving average at 1770.0. As a result, the commodity surged by 100 pips or 0.61% during Monday's trading session.
On April 26, the US Dollar surged by 54 pips or 0.50% against the Japanese Yen. The currency pair breached the 55– and 200– hour SMAs during yesterday's trading session.
On Monday, the British Pound dropped by 54 pips or 0.42% against the US Dollar. The currency pair tested a support cluster near the 1.3880 area during the Asian session on Tuesday.
On Monday, the common European currency declined by 50 pips or 0.41% against the US Dollar. The decline was stopped by the 55– hour simple moving average during yesterday's trading session.
The US Dollar has declined by 61 pips or 0.49% against the Canadian Dollar since Friday's trading session. The USD/CAD currency pair broke the 1.2470 level on Monday morning.
The British Pound surged by 67 pips or 0.45% against the Japanese Yen on Friday. The currency pair breached the upper boundary of a descending channel pattern on Monday morning.
Australia's currency surged by 55 pips or 0.71% against the US Dollar on Friday. The currency pair breached the resistance level at 0.7760 during the Asian session on Monday.
The single European currency surged by 91 pips or 0.70% against the Japanese Yen on Friday. A breakout occurred through the upper line of a descending channel pattern during Friday's trading session.
On April 23, the precious metal Gold dropped by 247 pips or 1.38% against the US Dollar. The commodity breached the 55– and 100– hour SMAs during Friday's trading session.
On Friday, the US Dollar rose by 58 pips or 0.54% against the Japanese Yen. The surge was stopped by a resistance cluster formed by the 55– and 100– hour SMAs near the 108.00 level during Friday's trading session.
During the first half of Friday's trading session, The British Pound declined by 58 pips or 0.42% against the US Dollar. However, the exchange rate rebounded at the end of the day.
On April 23, the common European currency surged by 88 pips or 0.73% against the US Dollar. The currency pair breached the resistance level at 1.2080 during Friday's trading session.
The high levels from 1,790.00 to 1,800.00 have been marked in a resistance zone, as it has held throughout this week. On Friday, the rate passed the support levels of the 55 and 100-hour simple moving averages, which previously provided support. The decline of the metal had no support as low as the 1,765.00 mark and the 200-hour simple moving average