The single European currency has surged by 50 basis points against the Japanese Yen since Friday's trading session. The 50- hour simple moving average guided the currency pair during last week's trading sessions.
During last trading session, the GBP/USD exchange rate tried to surpass the resistance level formed by the 55-hour SMA at 1.3090. During Monday morning, the rate was trading below 1.3040.
On Friday, the EUR/USD currency pair reversed north from the lower boundary of the medium-term ascending channel at 1.1090. During today's morning, the pair was testing the resistance provided by the 100-hour SMA at 1.1126.
On Thursday, the XAU/USD exchange rate consolidated at the 1,550.00 level. During today's morning, the rate maintained its consolidation.
Yesterday, the USD/JPY currency pair tested the upper boundary of the long-term descending channel. During Friday morning, the pair breached the given channel north.
On Thursday, the GBP/USD exchange rate tested the 1.3020 level. During today's morning, the rate tested the resistance formed by the 55-hour SMA at 1.3087.
Yesterday, the EUR/USD currency pair breached the medium-term ascending channel south. During Friday morning, the pair traded in the 1.1100 area.
The New Zealand Dollar has continued to edge lower against the US Dollar since yesterday's trading session. The currency pair declined by 56 basis points on Thursday.
During the first part of yesterday's trading session, the US Dollar appreciated by 65 basis points against the Canadian Dollar. However, the currency pair yielded the earlier gains at the end of Thursday's session.
The Australian Dollar has surged by 32 basis points against the US Dollar since yesterday's trading session. A breakout occurred through the upper boundary of a descending channel pattern during the morning hours on Friday.
The Eurozone single currency has surged by 59 basis points against the Japanese Yen since yesterday's trading session. The currency pair breached the 61.80% Fibonacci retracement level at 121.61 on Friday morning.
During Wednesday, the XAU/USD exchange rate traded downwards. During today's morning, the rate tested the support formed by the monthly R1 and the 200-hour SMA at 1,544.31.
Yesterday, the USD/JPY currency pair skyrocketed to the weekly R1 at 109.17. During Thursday morning, the pair raised to the monthly R1 at 109.47.
Yesterday, the GBP/USD exchange rate consolidated in the 1.3100 area. During Thursday morning, the rate tumbled to the 1.3020 level.
On Wednesday, the EUR/USD currency pair declined to the lower boundary of the medium-term ascending channel at 1.1112. During today's morning, the pair was testing the given channel.
The New Zealand Dollar has declined by 55 basis points against the US Dollar since yesterday's trading session. The currency pair was pressured down by the 50– and 100– hour SMAs.
Bullish sentiment has continued to pressure the US Dollar higher against the Canadian Dollar. The currency pair has appreciated by 79 basis points since yesterday's trading session.
The Australian Dollar versus the US Dollar tested the resistance line of the descending channel pattern at 0.6872 during Wednesday's trading session.
The common European currency has continued to trade bullish against the Japanese Yen. The currency pair appreciated by 115 basis points during yesterday's trading session.
The New Zealand Dollar declined by 53 basis points against the US Dollar on Tuesday. The currency pair was pressured down by the 50– hour simple moving average during yesterday's trading session.
The US Dollar surged by 0.55% in value against the Canadian Dollar on Tuesday. The currency pair breached the 1.3010 area during yesterday's trading session.
On Tuesday, the XAU/USD exchange rate raised to the 1,600.00 level. During today's morning, the rate declined to the 1,590.00 mark.
Yesterday, the USD/JPY currency pair tumbled to the monthly S2 at 107.65. During Wednesday morning, the pair reversed north.
Yesterday, the GBP/USD exchange rate reversed south from the upper boundary of the medium-term descending channel. During Wednesday morning, the rate was testing the support cluster formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.3116/1.3141 area.