Yesterday, the GBP/USD exchange rate tried to exceed the 1.2620 level. During Friday morning, the rate was trading at 1.2560.
On Thursday, the EUR/USD currency pair declined to the support provided by the 100-hour SMA near 1.1380. During today's morning, the pair was testing the given support.
Yesterday, the XAU/USD exchange rate broke the upper line of the short-term descending channel. During Thursday morning, the rate resumed to trade within the given level.
On Wednesday, the USD/JPY currency pair tumbled to the 106.70 level. During today's morning, the pair was testing the resistance formed by the 55– and 100-hour SMAs near 107.10.
Yesterday, the GBP/USD exchange rate revealed a short-term descending channel. During Thursday morning, the rate declined below 1.2560.
On Wednesday, the EUR/USD currency pair tested the Fibo 50.00% at 1.1454. During today's morning, the pair resumed to trade within the short-term ascending channel.
Yesterday, the XAU/USD exchange rate continued to trade within the short-term descending channel. During Wednesday morning, the rate pierced the upper channel line.
On Tuesday, the USD/JPY currency pair consolidated near 107.30. During today's morning, the pair dropped to 107.00.
Yesterday, the GBP/USD exchange rate reversed north from the support formed by the weekly S1 and the monthly PP in the 1.2500 area. During Wednesday morning, the rate was trading at 1.2600.
On Tuesday, the EUR/USD currency pair raised to the upper line of the short-term ascending channel at 1.1410. During today's morning, the pair broke the given line.
Yesterday, the XAU/USD exchange rate revealed a short-term descending channel. During Tuesday morning, the rate was trading at 1,800.00.
On Monday, the USD/JPY currency pair raised to the resistance provided by the 200-hour SMA near 107.30. During today's morning, the pair was testing the given resistance.
Yesterday, the GBP/USD exchange rate declined to 1.2540. During Tuesday morning, the rate dropped to 1.2520.
On Monday, the EUR/USD currency pair tested the resistance level formed by the weekly R1 at 1.1366. During today's morning, the pair touched 1.1330.
Downside risks have dominated the New Zealand Dollar against the US Dollar since yesterday's trading session. The currency pair has declined by 78 basis points or 1.19% during this period.
The US Dollar edged higher by 74 basis points or 0.54% against the Canadian Dollar on Monday. The currency pair breached the upper boundary of a descending channel pattern on Tuesday morning.
The Australian Dollar declined by 55 basis points or 0.78% against the US Dollar on Monday. The currency pair breached the lower boundary of an ascending channel pattern during yesterday's trading session.
The common European currency surged by 110 basis points or 0.91% against the Japanese Yen on Monday. The currency pair breached the weekly R1 at 121.77 during yesterday's trading session.
At the previous trading session, the XAU/USD exchange rate re-tested the 100-hour SMA near 1,800.00. During today's morning, the rate was testing the 1,810.00 level.
On Friday, the USD/JPY currency pair pierced the Fibo 38.20% at 106.86. During today's morning, the pair was testing the resistance provided by the 55-hour SMA and the weekly PP at 107.10.
At the end of last week, the GBP/USD exchange rate failed to exceed the 1.2660 level. During Monday morning, the rate declined to support formed by the 100-hour SMA and the weekly PP at 1.2590.
On Friday, the EUR/USD currency pair reversed north from the monthly PP at 1.1253. During today's morning, the pair touched 1.1330.
The New Zealand Dollar surged by 34 points or 0.52% against the US Dollar on Friday. The 100– hour simple moving average guided the currency pair during Friday's trading session.
The US Dollar has declined by 64 points or 0.47% against the Canadian Dollar since Friday's trading session. The currency pair breached a support cluster at 1.3571 on Monday morning.