Yesterday, the GBP/USD exchange rate reversed south from the weekly R2 at 1.2758. During Wednesday morning, the rate was testing the support provided by the Fibo 61.80% at 1.2646.
On Tuesday, the EUR/USD currency pair skyrocketed to the weekly R2 at 1.1545. During today's morning, the pair reversed south.
The New Zealand Dollar has surged by 114 basis points or 1.73% against the US Dollar since Tuesday's trading session. The currency pair breached the monthly resistance level at 0.6630 on Tuesday.
Downside risks have been dominating the US Dollar lower against the Canadian Dollar since Tuesday's trading session. The currency pair has plummeted by 102 basis points or 0.76% since yesterday.
Upside risks have been dominating the Australian Dollar against the US Dollar since yesterday's trading session. The currency pair skyrocketed by more than 130 basis points or 1.89% on Tuesday.
The common European currency surged by 77 basis points or 0.63% against the Japanese Yen on Tuesday. The currency pair breached the weekly R1 at 122.98 during yesterday's trading session.
Yesterday, the XAU/USD exchange rate raised to the 1,820.00 level. During Tuesday morning, the rate surpassed the monthly R1 at 1,821.43.
On Monday, the USD/JPY currency pair continued to trade within the short-term ascending channel. During today's morning, the pair was trading in the 107.30 area.
Yesterday, the GBP/USD exchange rate broke the short-term descending channel. During Tuesday morning, the rate raised to 1.2700.
On Monday, the EUR/USD currency pair traded sideways around the 1.1440 level. During today's morning, the pair continued to consolidate.
The New Zealand Dollar has surged by 45 points or 0.69% against the US Dollar on since Monday's trading session. The currency pair bounced off the 50-, 100– and 200– hour SMAs at 0.6558 on Tuesday morning.
The US Dollar has plunged by 108 points or 0.80% against the Canadian Dollar since Monday's trading session. The currency pair breached the weekly support level at 1.3504 on Tuesday morning.
The Australian Dollar has surged by 67 points or 0.96% against the US Dollar on Monday. The currency pair was pressured higher by the 200– hour simple moving average during yesterday's trading session.
The 50– and 100– hour SMAs guided the common European currency against the Japanese Yen on Monday. The exchange rate made about 58 points or 0.47% move during yesterday's trading session.
On Friday, the XAU/USD exchange rate broke the short-term descending channel north. During today's morning, was trading at 1,812.00.
During last week, the USD/JPY currency pair revealed a short-term ascending channel. During Monday morning, the pair tested the upper channel line circa 107.50.
At the end of last week, the GBP/USD exchange rate reversed north from the 1.2520 level. During today's morning, the rate raised to the 1.2590 mark.
On Friday, the EUR/USD currency pair tested the 1.1440 level. During today's morning, the pair broke the Fibo 50.00% at 1.1454.
The New Zealand Dollar has surged by 35 pips or 0.53% against the US Dollar since last week Thursday. The currency pair breached the 200– period simple moving average during Friday's trading session.
The US Dollar has surged by 94 pips or 0.70% against the Canadian Dollar since last week Thursday. The currency pair traded near the 100– and 200– hour SMAs during Friday's trading session.
The Australian Dollar surged by 29 pips or 0.42% against the US Dollar on Friday. The currency pair tested the psychological resistance level at 0.7000 during Friday's trading session.
The Eurozone single currency surged by 64 pips or 0.52% against the Japanese Yen on Friday. The currency pair was pressured higher by the 50– and 100– hour simple moving averages.
Yesterday, the XAU/USD exchange rate declined to the 1,795.00 level. During Friday morning, the rate reversed north.
On Thursday, the USD/JPY currency pair broke the upper line of a newly revealed falling wedge pattern. During today's morning, the pair was testing the support formed by the 55– and 100-hour SMAs, as well the weekly PP in the 107.10 area.