During early Monday's GMT trading hours, the EUR/USD currency exchange rate bounced off the support of the lower trend line of a descending pattern. It resulted in a surge, which by the middle of the day's trading had reached above 1.1220.
Yesterday, the XAU/USD exchange rate re-tested the lower boundary of the medium-term ascending channel. During Friday morning, the rate reversed north.
On Thursday, the USD/JPY currency pair tried to breach the resistance provided by the 55-hour SMA. During today's morning, the pair continued to test the given resistance.
Yesterday, the GBP/USD exchange rate dropped to the support formed by the Fibo 50.00% and the weekly S1 at 1.2420. During Friday morning, the rate was testing the given level.
On Thursday, the EUR/USD currency pair declined to the lower line of the falling wedge pattern circa 1.1180. During today's morning, the pair reversed north.
The New Zealand Dollar declined by 42 points or 0.64% against the US Dollar on Thursday. The currency pair was pressured lower by the 50– and 100– hour SMAs during yesterday's trading session.
The US Dollar surged by 91 points or 0.67% against the Canadian Dollar on Thursday. The currency pair breached the upper line of a descending channel pattern during yesterday's trading session.
The Australian Dollar declined by 62 points or 0.90% against the US Dollar on Thursday. The currency pair was pressured lower by the 50– and 100– hour SMAs during Thursday's trading session.
The Eurozone single currency declined by 87 points or 0.73% against the Japanese Yen during Thursday's trading session.
Yesterday, the XAU/USD exchange rate revealed a medium-term ascending channel. During Thursday morning, the rate was trading at 1,730.00.
On Wednesday, the USD/JPY currency pair declined to the 106.80 level. During today's morning, the pair reversed north.
Yesterday, the GBP/USD exchange rate consolidated at the 1.2550 level. During Thursday morning, the rate maintained its consolidation.
On Wednesday, the EUR/USD currency pair declined to the 1.1220 level. During today's morning, the pair was trading at 1.1240.
The New Zealand Dollar has declined by 51 basis points or 0.78% against the US Dollar since yesterday's trading session. A breakout occurred through the lower boundary of an ascending channel pattern on Thursday morning.
The US Dollar surged by 77 basis points or 0.57% against the Canadian Dollar on Wednesday. The currency pair tested a psychological resistance level at 1.3600 during the Asian session on Thursday.
The Australian Dollar has declined by 73 basis points or 1.06% against the US Dollar on Wednesday.
The common European currency declined by 104 basis points or 0.86% against the Japanese Yen on Wednesday. The currency pair was pressured lower by the 50– and 100– hour SMAs during Wednesday's trading session.
On Tuesday, the XAU/USD exchange rate tried to surpass the resistance formed by the 55– and 100-hour SMAs near 1,725.00. During today's morning, the rate pierced the 200-hour SMA near 1,717.00.
On Tuesday, the USD/JPY currency pair traded sideways near 107.40. During today's morning, the pair maintained its consolidation.
Yesterday, the GBP/USD exchange rate revealed a short-term descending channel. During Wednesday morning, the rate was trading at 1.2550.
On Tuesday, the EUR/USD currency pair declined to the monthly R1 at 1.1246. During today's morning, the pair was trading at 1.1260.
The New Zealand Dollar declined by 88 pips or 1.35% against the US Dollar on Tuesday. The currency pair tested the lower boundary of an ascending channel pattern during yesterday's trading session.
The US Dollar surged by 100 pips or 0.74% against the Canadian Dollar on Tuesday. The currency pair tested the monthly resistance level at 1.3595 during yesterday's trading session.
The Australian Dollar declined by 120 pips or 1.84% against the US Dollar on Tuesday. The currency pair breached the 50-, 100– and 200– hour SMAs during yesterday's trading session.