After testing the 1,800.00 level's resistance on Tuesday, the yellow metal declined. On Wednesday, the price was fluctuating almost sideways between the 1,770.00 and 1,785.00 levels. In the meantime, the price appeared to respect the resistance of the 55-hour simple moving average. In the case of the price passing the resistance of the 55-hour simple moving average and the 1,785.00 level,
Since early Tuesday's European trading hours, the US Dollar has been testing the 109.50 level against the Japanese Yen. In the meantime, the rate has been finding support in the 55 and 100-hour simple moving averages, which have been slowly moving higher. In the case of the rate passing the resistance of the 109.50 level, the USD/JPY currency exchange rate could
By the middle of Wednesday's European trading hours, the GBP/USD currency exchange rate was testing the resistance of the zone above the 1.3920 level, which already stopped the rate's May 3 sharp surge. If the rate passes the resistance zone from 1.3920/1.3932, the rate could reach for the April high level at 1.3975. In the case of the 1.3975 mark being
On Wednesday, the EUR/USD currency exchange rate passed the 1.2000 mark's support. It indicates that the rate could extend its decline. A potential target for the pair's decline would be the weekly S1 simple pivot point at 1.1976. If the pivot point holds and causes a move up, the rate could find resistance in the 55-hour SMA near 1.2030. Afterwards,
The US Dollar edged higher by 75 pips or 0.61% against the Canadian Dollar during the first half of Tuesday's trading session. However, the currency pair erased the early profits at the end of the day.
During the first half of Tuesday's trading session, the British Pound fell by 85 pips or 0.56% against the Japanese Yen. However, the currency pair recovered at the end of the session.
The Australian Dollar declined by 75 pips or 0.96% against the US Dollar on Tuesday. The currency pair breached the 50– hour simple moving average during yesterday's trading session.
The common European currency declined by 45 pips or 0.34% against the Japanese Yen on Tuesday. The decline was stopped by the 200– hour simple moving average during Tuesday's trading session.
The US Dollar continued to trade sideways against the Canadian Dollar on Friday. The currency pair made about 38 pips 0.31% movement during Friday's trading session.
The British Pound edged lower by 114 pips or 0.75% against the Japanese Yen on Friday. The currency pair breached the 50– hour simple moving average at 151.57 during Friday's trading session.
The Australian Dollar fell by 80 pips or 1.02% against the US Dollar on April 30. The currency pair breached the 50– and 200– hour simple moving averages during Friday's trading session.
The common European currency declined by 77 pips or 0.58% against the Japanese Yen on Friday. The currency pair tested the lower boundary of an ascending channel pattern at 131.32 during Friday's trading session.
The US Dollar traded sideways against the Canadian Dollar on Thursday. The USD/CAD currency pair made about 35 pips or 0.28% move during Thursday's trading session.
The British Pound has declined by 85 pips or 0.56% against the Japanese Yen since yesterday's trading session.
The Australian Dollar declined by 55 pips or 0.72% against the US Dollar on Thursday. The decline was stopped by the 200– hour simple moving average during Thursday's trading session.
The EUR/JPY exchange rate maintained the narrow ascending channel pattern during yesterday's trading session. The currency pair made about 35 pips or 028% move during Thursday's trading session.
On Thursday, the XAU/USD exchange rate plunged by 312 pips or 1.74%. A breakout occurred through the lower boundary of an ascending channel pattern during Thursday's trading session.
The US Dollar edged higher by 72 pips or 0.66% against the Japanese Yen on Thursday. The currency pair tested the 109.21 area during yesterday's trading session.
The British Pound traded sideways against the US Dollar on Thursday. The GBP/USD currency pair made about 35 pips or 0.25% move during Thursday's trading session.
On Thursday, the common European currency declined by 44 pips or 0.36% against the US Dollar. The currency pair reversed from the resistance level at 1.2152 during yesterday's trading session.
The US Dollar edged lower by 113 pips or 0.91% against the Canadian Dollar on Wednesday. The 50– hour simple moving average pressured the currency pair lower during yesterday's trading session.
The British Pound edged higher by 51 pips or 0.34% against the Japanese Yen on Wednesday. The currency pair breached the weekly R1 at 151.41 during Wednesday's trading session.
The Australian Dollar climbed by 76 pips or 0.98% against the US Dollar on Wednesday. The surge was stopped by the weekly resistance level at 0.7814 during the Asian session on Thursday.
The common European currency edged higher by 39 pips or 0.30% against the Japanese Yen on Wednesday. The currency pair breached the weekly R2 at 131.72 during Wednesday's trading session.