Yesterday, the XAU/USD exchange rate reversed south from the 1,990.00 level. During today's morning, the rate was testing the support provided by the 100-hour SMA near 1,960.00.
On Tuesday, the USD/JPY currency pair appreciated gradually. During today's morning, the pair was trading at 106.20.
Yesterday, the GBP/USD exchange rate reversed south from the 1.3470 level. During Wednesday morning, the rate was testing the 100-hour SMA near 1.3330.
On Tuesday, the EUR/USD currency pair reversed south from the upper line of the medium-term ascending channel. During today's morning, the pair was testing the support level formed by the weekly and monthly PPs, as well the 200-hour SMA near 1.1860.
The New Zealand Dollar declined by 34 points or 0.50% against the US Dollar on Tuesday. The 50– hour simple moving average provided support for the NZD/USD currency pair during Tuesday's trading session.
The US Dollar edged higher by 90 points or 0.69% against the Canadian Dollar on Tuesday. The currency pair tested the 100– hour simple moving average at 1.3079 during yesterday's trading session.
The Australian Dollar declined by 50 points or 0.67% against the US Dollar on Tuesday. The currency pair breached the 50– hour simple moving average during Tuesday's trading session.
The common European currency declined by 82 points or 0.65% against the Japanese Yen on Tuesday. The currency pair breached the 50– hour simple moving average during yesterday's trading session.
Yesterday, the XAU/USD exchange rate traded sideways in the 1,970.00 area. During Tuesday morning, the rate jumped to 1,990.00.
On Monday, the USD/JPY currency pair failed to exceed the resistance provided by the 100– and 200-hour SMAs. During today's morning, the pair was testing the 55-hour SMA near 105.74.
Yesterday, the GBP/USD exchange rate exceeded the 1.3380 level. During Tuesday morning, the rate raised to the weekly R1 at 1.3456.
On Monday, the EUR/USD currency pair raised to the weekly R1 at 1.1963. During today's morning, the pair tested the upper line of the medium-term ascending channel at 1.1996.
The New Zealand Dollar has surged by 45 pips or 0.67% against the US Dollar since Monday's trading session. The 50– hour simple moving average pressured the price higher during yesterday's trading session.
The 50– hour simple moving average pressured the US Dollar lower against the Canadian Dollar on Monday. A breakout occurred through the lower boundary of a descending channel pattern on Tuesday morning.
The Australian Dollar surged by 49 pips or 0.67% against the US Dollar on Monday. The currency pair tested the upper line of an ascending channel pattern during yesterday's trading session.
The 200– hour simple moving average provided support for the EUR/JPY currency pair on Monday. As a result, the single European currency surged 141 pips or 1.13% against the Japanese Yen during yesterday's trading session.
During previous trading session, the XAU/USD exchange rate raised to the 1,975.00 level. During Monday morning, the rate reversed south.
On Friday, the USD/JPY currency pair broke the lower line of the medium-term ascending channel. During today's morning, the pair reversed north.
At the end of last week, the GBP/USD exchange rate breached the short-term ascending channel north and renewed the 2020 high at 1.3360. During Monday morning, the rate reversed south.
On Friday, the EUR/USD currency pair jumped to the 1.1920 level. During today's morning, the pair was testing the given level.
Upside sentiment dominated the New Zealand Dollar against the US Dollar on Friday. The NZD/USD currency pair edged higher by 105 basis points or 1.58% during Friday's trading session.
The US Dollar declined by 75 basis points or 0.57% against the Canadian Dollar during the first half of Friday's trading session. However, the currency pair regained some of the lost position by the end of Friday's session.
Upside risks dominated the Australian Dollar higher against the US Dollar on Friday. The AUD/USD exchange rate surged by 114 basis points or 1.58% during Friday's trading session.
Downside risks dominated the common European currency against the Japanese Yen on Friday. The EUR/JPY currency pair plunged by 148 basis points or 1.17% during Friday's trading session.