The US Dollar has been trading with low volatility against the Canadian Dollar since yesterday's trading session. The currency pair depreciated about 41 base points on Thursday.
The Australian Dollar has continued to trade in a descending channel pattern against the US Dollar. The currency pair tested the lower boundary of the channel at 0.6991 during yesterday's trading session.
The common European currency depreciated about 97 base points against the Japanese Yen on Thursday. The decline was stopped by a support level formed by the weekly S3 at 124.26.
Yesterday, the XAU/USD exchange rate extended gains and reached the psychological level at 1,278.00.
On Wednesday, the USD/JPY currency pair skyrocketed to the weekly R2 at 112.37, and dropped dramatically to the 111.85 level.
During previous trading session, the GBP/USD exchange rate declined to the weekly S2 at 1.2894. During Thursday's morning, the rate tried to surpass the given support.
Yesterday, the EUR/USD currency pair renewed the 2018/2019 minimum located at 1.1141.
The 50-hour simple moving average pressured the New Zealand Dollar lower against the US Dollar on Wednesday. The currency pair depreciated about 75 base points during yesterday's trading session.
The US Dollar continued its upside movement against the Canadian Dollar on Wednesday. The currency pair ended yesterday's trading session with a 98 base points gain.
The decline of the Australian Dollar versus the US Dollar continued during Wednesday's trading session. The currency pair depreciated about 99 base points on Wednesday.
The common European currency has continued its decline against the Japanese Yen. The currency pair depreciated about 79 base points during Wednesday's trading session.
The New Zealand Dollar depreciated about 58 base points against the US Dollar on Tuesday. The decline was stopped by a support cluster formed by the combination of the weekly and the monthly PPs at 0.6644.
During the last 24 hours, the US Dollar has gained about 116 base points against the Canadian Dollar. The currency pair reached near a six-week high during Wednesday's trading session.
The Australian Dollar has depreciated about 110 base points against the US Dollar since yesterday's trading session. The currency pair reached a six-week low level during Tuesday's session.
The single European currency depreciated about 73 base points against the Japanese Yen on Tuesday. A breakout occurred through the lower boundary of an ascending channel pattern during yesterday's trading session.
Yesterday, the XAU/USD exchange rate tested the lower boundary of the falling wedge pattern located circa 1,270,00.
During previous trading session, the USD/JPY currency pair tried to breach the short-term descending channel north.
On Tuesday, the GBP/USD exchange rate declined to the Fibo 23.90% at 1.12938. During Wednesday's morning, the rate started to test the lower boundary of the falling wedge pattern at 1.2920.
Yesterday, the EUR/USD currency pair declined to the support level formed by the weekly S1 at the 1.1209 mark.
At the beginning of current week, the XAU/USD exchange rate traded between the 55– and 100-hour SMAs.
Yesterday, the USD/JPY currency pair plunged to the psychological level at 111.70. However, during Tuesday's morning, the pair reversed north to the 55– and 100-hour SMAs located circa 111.90.
During previous day, the GBP/USD exchange rate tested the resistance level—the 55-hour SMA, currently located at 1.2992.
On Monday, the EUR/USD currency pair tried to surpass the resistance formed by a combination of the weekly PP and the 100-hour SMA at 1.1266.
The New Zealand Dollar was pressured south by the 50-hour simple moving average. The currency pair tested the resistance level formed by the 50-hour SMA at 0.6682 during the Asian session on Tuesday.