Since Monday, the GBP/USD exchange rate has been testing the resistance provided by the weekly PP and the 100-hour SMA near 1.3480.
On Monday, the EUR/USD currency pair reversed north from the 1.2150 mark. During today's morning, the pair reversed south from 1.2250.
The New Zealand Dollar edged higher by 98 pips or 1.40% against the US Dollar on Monday. The surge was stopped by the 50– and 100– hour SMAs at 0.7100 during yesterday's trading session.
The US Dollar declined by 107 pips or 0.83% against the Canadian Dollar on Monday. The currency pair tested the lower boundary of an ascending channel pattern at 1.2826 during yesterday's trading session.
The AUD/USD exchange rate rebounded during yesterday's trading session. As a result, the Australian Dollar surged by 113 pips or 1.51% against the US Dollar on Monday.
The EUR/JPY currency pair bounced off the lower boundary of an ascending channel pattern at 126.00 during yesterday's trading session. As a result, the Euro surged by 65 pips or 0.51% the Yen on Monday.
During today's morning, the XAU/USD exchange rate reversed south from the 1,905.00 mark.
During Monday morning hours, the USD/JPY currency pair pierced the resistance provided by the 200-hour SMA near 103.80.
During Monday morning hours, the GBP/USD exchange rate dropped below the 1.3300 level.
On Friday, the EUR/USD currency pair reversed south from the psychological level at 1.2260.
The New Zealand Dollar has declined by 110 basis points or 1.54% against the US Dollar since Friday's trading session.
Upside risks have dominated the US Dollar against the Canadian Dollar since Friday's trading session. A breakout occurred through the upper line of a descending channel pattern on Friday.
The Australian Dollar has declined by 76 basis points or 1.00% against the US Dollar since Friday's trading session. The currency pair breached the 50– and 100– hour SMAs during this period.
The common European currency has declined by 88 basis points or 0.69% against the Japanese Yen since Friday's trading session.
Yesterday, the XAU/USD exchange rate touched the 1,895.00 level.
On Thursday, the USD/JPY currency pair reversed north from the support level—the weekly S3 at 103.00.
Yesterday, the GBP/USD exchange rate reversed south from the resistance level—the weekly R2 at 1.3626.
On Thursday, the EUR/USD currency pair raised to the resistance level—the weekly R3 at 1.2277.
The New Zealand Dollar surged by 67 points or 0.94% against the US Dollar on Thursday. The currency pair breached the weekly resistance level at 0.7129 during yesterday's trading session.
The US Dollar surged by 43 points or 0.34% against the Canadian Dollar on Thursday. The currency pair tested the upper line of a descending channel pattern at 1.2743 during the London session on Friday.
The Australian Dollar surged by 58 points or 0.77% against the US Dollar on Thursday. The currency pair breached the weekly R1 at 0.7610 during yesterday's trading session.
The common European currency edged higher by 48 points or 0.38% against the Japanese Yen on Thursday. The currency pair breached the weekly resistance level at 126.54 during the Asian session on Friday.
The XAU/USD exchange rate has reached the psychological level at 1,880.00.
During today's morning, the USD/JPY currency pair dropped below weekly S2 at 103.41.