The Australian Dollar declined by 30 pips or 0.42% against the US Dollar on Monday. The decline was stopped by the 100– hour simple moving average at 0.7104 during yesterday's trading session.
The common European currency declined by 43 pips or 0.34% against the Japanese Yen on Monday. The currency pair breached the 50– and 200– hour SMAs during Monday's trading session.
On Friday, the XAU/USD breached the medium-term ascending channel south.
The USD/JPY currency pair remains to trade below the 105.00 level.
The GBP/USD exchange rate continued to trade downwards within the medium-term ascending channel.
On Friday, the EUR/USD currency pair reversed south from the psychological level at 1.1860.
The New Zealand Dollar declined by approximately 30 basis points or 0.45% against the US Dollar on Friday. The decline was stopped by the 50– hour simple moving average during Friday's trading session.
The US Dollar has surged by 61 basis points or 0.46% against the US Dollar since Friday's trading session. A breakout occurred through the upper line of a descending channel pattern during the Asian session on Monday.
The Australian Dollar has declined by 43 basis points or 0.61% against the US Dollar since Friday's trading session. The AUD/USD currency pair breached the lower boundary of an ascending channel pattern at 0.7118 during the Asian session on Monday.
The common European currency surged by 68 basis points or 0.55% against the Japanese Yen on Friday. The currency pair breached the 50– and 200– hour SMAs during Friday's trading session.
Yesterday, the XAU/USD exchange rate pierced the lower line of the medium-term ascending channel.
Since Thursday, the USD/JPY currency pair has been testing the resistance provided by the 55-hour SMA.
During Friday morning hours, the GBP/USD exchange rate has reversed north from the weekly R1 at 1.3049.
Yesterday, the EUR/USD currency pair declined to the weekly R1 at 1.1803. During Friday morning, the pair reversed north.
The New Zealand Dollar surged by 45 pips or 0.67% against the US Dollar on Thursday. The currency pair bounced off from a support level formed by the 50– hour simple moving average at 0.6657 during the London session on Friday.
The US Dollar declined by 47 points or 0.35% against the Canadian Dollar on Thursday. The decline was stopped by a support level at the 1.3120 during yesterday's trading session.
Australia's Dollar surged by 44 points or 0.62% against the greenback on Thursday. The currency pair tested a resistance line at the 0.7140 level during Thursday's trading session.
The Eurozone single currency has declined by 68 points or 0.55% against the Japanese Yen since Thursday's trading session. A breakout occurred through the lower boundary of an ascending channel pattern on Friday morning.
The XAU/USD exchange rate has revealed a medium-term ascending channel.
Yesterday, the USD/JPY currency pair tumbled to the 104.40 level. During Thursday morning, the pair was trading at 104.75.
The GBP/USD exchange rate has revealed a medium-term ascending channel.
On Wednesday, the EUR/USD currency pair failed to exceed the resistance level—the weekly R2 at 1.1884.
Upside risks dominated the New Zealand Dollar against the US Dollar on Wednesday. The currency pair breached the weekly resistance level at 0.6662 during yesterday's trading session.
The US Dollar rose by 71 pips or 0.54% against the Canadian Dollar on Wednesday. The currency pair tested the 200– hour simple moving average at 1.3156 during yesterday's trading session.