During Monday morning hours, the GBP/USD exchange rate jumped to the resistance level—the weekly R1 at 1.3431.
On Friday, the EUR/USD currency pair traded downwards. During today's morning , the pair was testing the 1.2160 level.
The New Zealand Dollar declined by 28 pips or 0.40% against the US Dollar on Friday. The currency pair tested the 50– hour simple moving average during Friday's trading session.
The US Dollar surged by 59 pips or 0.46% against the Canadian Dollar on Friday. The surge was stopped by the 50– and 100– hour simple moving averages during Friday's trading session.
The Australian Dollar declined by 45 pips or 0.60% against the US Dollar on Friday. The decline was stopped by the 50– hour simple moving average during Friday's trading session.
The Eurozone single currency declined by 70 pips or 0.55% against the Japanese Yen on Friday. The currency pair tested the lower line of an ascending channel pattern at 125.80 during Friday's trading session.
Since Thursday, the XAU/USD exchange rate has been trading sideways in the 1,830/1,850.00 range.
Yesterday, the USD/JPY currency pair declined to the psychological level at 104.00.
During Friday morning hours, the GBP/USD exchange rate tumbled below 1.3250.
Since Thursday, the EUR/USD currency pair has been testing the psychological level at 1.2160.
Upside risks dominated the New Zealand Dollar against the US Dollar on Thursday. As a result, the exchange rate surged by 86 basis points or 1.23% during Thursday's trading session.
The US Dollar declined by 117 basis points or 0.91% against the Canadian Dollar on Thursday. The 50– and 100– hour SMAs pressured the currency pair lower during yesterday's trading session.
Upside risks dominated the Australian Dollar against the US Dollar on Thursday. As a result, the currency pair surged by 82 basis points or 1.09% during yesterday's trading session.
The common European currency rose by 75 basis points or 0.59% against the Japanese Yen on Thursday. The currency pair breached the 126.60 level during Thursday's trading session.
The XAU/USD exchange rate has tumbled to the support provided by the 200-hour SMA near 1,830.00.
During Thursday morning hours, the USD/JPY currency pair exceeded the 104.40 level.
Yesterday, the GBP/USD exchange rate reversed south from the 1.3450 level. During Thursday morning, the rate was testing the support level – the weekly S1 at 1.3310.
On Wednesday, the EUR/USD currency pair touched the 1.2060 level.
Downside risks dominated the New Zealand Dollar against the US Dollar on Wednesday. As a result, a breakout occurred through the lower boundary of an ascending channel pattern.
The US Dollar edged higher by 56 points or 0.44% against the Canadian Dollar on Wednesday. The currency pair made a new daily higher at 1.2830 during yesterday's trading session.
The Australian Dollar declined by 59 points or 0.79% against the US Dollar on Wednesday. The currency pair tested a support cluster formed by the 50– and 100– hour SMAs during yesterday's trading session.
The common European currency declined by 65 points or 0.51% against the Japanese Yen on Wednesday. The decline was stopped by the 200– hour simple moving average during yesterday's trading session.
The XAU/USD exchange rate remains below the psychological level at 1,875.00.
Since Tuesday, the USD/JPY currency pair has been testing the resistance provided by the 200-hour SMA and the weekly PP near 104.20.