Last week, the XAU/USD exchange rate revealed an ascending triangle pattern. On Friday, the rate tested the upper pattern line at 1,722.00. During today's morning, the rate reversed south from the given line.
During the previous trading session, the USD/JPY currency pair breached the falling wedge pattern north. During Monday morning, the pair surpassed the weekly R1 at 107.20.
At the end of last week, the GBP/USD exchange rate failed to exceed the 200-hour SMA near 1.2450. During Monday morning, the rate touched 1.2350.
On Friday, the EUR/USD currency pair consolidated in the 1.0840 area. During today's morning, the pair was trading at 1.0820.
The New Zealand Dollar surged by 34 pips or 0.55% against the US Dollar on Friday. However, Monday's trading session started with bearish momentum, and by the middle of the day, the currency pair has declined by 0.85%.
The US Dollar declined by 66 pips or 0.47% against the Canadian Dollar on Friday. The currency pair was pressured lower by the 50-, 100– and 200– hour SMAs during Friday's trading session.
The Australian Dollar has surged by 57 pips or 0.88% against the US Dollar since Friday's trading session. The currency pair tested April 30 swing high at 0.6560 during the Asian session on Monday.
The Eurozone single currency has surged by 109 pips or 0.94% against the Japanese Yen since Friday's trading session.
On Thursday, the XAU/USD exchange rate skyrocketed to the 1,720.00 level. During today's morning, the rate was trading near the given mark.
Yesterday, the USD/JPY currency pair failed to surpass the 100-hour SMA near 106.50. During today's morning, the pair was trading at 106.40.
Yesterday, the GBP/USD exchange rate tested the support level formed by the monthly S1 at 1.2292. During Friday morning, the rate was testing the 100-hour SMA near 1.2400.
On Thursday, the EUR/USD currency pair raised to the resistance level formed by the 100-hour SMA and the weekly S1 at 1.0856. During today's morning, the pair was testing the given resistance.
Dollar on Thursday. A breakout occurred through the upper boundary of a descending channel pattern.
The US Dollar declined by 213 basis points or 1.50% against the Canadian Dollar on Thursday. The currency pair breached the 50-, 100– and 200– period SMAs during yesterday's trading session.
The Australian Dollar surged by 120 basis points or 1.85% against the US Dollar on Thursday. The currency pair breached the 200– hour simple moving average during yesterday's trading session.
The common European currency has surged by 77 basis points or 0.67% against the Japanese Yen on since Thursday's trading session. The currency pair breached the 50– hour simple moving average on Thursday.
Yesterday, the XAU/USD exchange rate declined to the 1,685.00 level. During Thursday morning, the rate was testing the resistance formed by the 55– and 100-hour SMAs near 1,697.00.
On Wednesday, the USD/JPY currency pair broke the lower boundary of the falling wedge pattern. During today's morning, the pair resumed to trade within the given pattern.
Yesterday, the GBP/USD exchange rate broke the lower boundary of the descending triangle pattern in the 1.2350 area. During Thursday morning, the rate was testing the 55-hour SMA near 1.2400.
On Wednesday, the EUR/USD currency pair declined to the monthly S1 at 1.0776. During today's morning, the pair was testing the given support.
The New Zealand Dollar declined by 74 pips or 1.22% against the US Dollar on Wednesday. The currency pair was pressured lower by the 50-, 100– and 200– hour SMAs during Wednesday's trading session.
The USD/CAD exchange rate bounced off support cluster at 1.4030 during Wednesday's trading session. As a result, the Greenback surged by 148 pips or 1.06% against the Lonnie on Wednesday.
The Australian Dollar declined by 72 pips or 1.11% against the US Dollar on Wednesday. The currency pair was pressured south by the 100– hour simple moving average during yesterday's trading session.
The Eurozone single currency declined by 91 pips or 0.79% against the Japanese Yen on Wednesday. The currency pair tested the weekly S2 at 114.54 during yesterday's trading session.