On Wednesday, the USD/JPY currency pair tested the upper boundary of the short-term descending channel near 107.85. During today's morning, the pair reversed south from the given line.
Yesterday, the GBP/USD exchange rate tried to surpass the 55-hour SMA. During Thursday morning, the rate exceed the given moving average.
On Wednesday, the EUR/USD currency pair broke the local support level at 1.0820. During today's morning, the pair dropped below the weekly S1 at 1.0797.
The Kiwi Dollar declined by 83 pips or 1.38% against the US Dollar on Wednesday. The exchange rate tested the weekly support level at 0.5921 during Wednesday's trading session.
The US Dollar has declined by 110 pips or 0.77% against the Canadian Dollar since yesterday's trading session. The currency pair tested the 100– hour simple moving average support level at 1.4127 on Thursday morning.
The Aussie Dollar has surged by 88 pips or 1.40% against the US Dollar since Wednesday's trading session. The currency pair tested the upper boundary of a descending channel pattern at 0.6356 on Thursday morning.
The common European currency declined by 68 pips or 0.58% against the Japanese Yen on Wednesday.
Yesterday, the XAU/USD exchange rate touched the 1,665.00 level. During Wednesday morning, the rate was testing the resistance level—the monthly R1 at 1,704.29.
On Tuesday, the USD/JPY currency pair revealed a short-term descending channel. During today's morning, the pair was trading near the upper channel line at 107.70.
Yesterday, the GBP/USD exchange rate declined to the 1.2250. During Wednesday morning, the rate reversed north from the weekly S2 at 1.2281.
On Tuesday, the EUR/USD currency pair tried to surpass the resistance formed by the 55– and 100-hour SMAs near 1.0860. During today's morning, the pair pierced the given resistance.
The New Zealand Dollar declined by 101 basis points or 1.68% against the US Dollar on Tuesday. The currency pair breached the monthly pivot point at 0.5958 during yesterday's trading session.
The US Dollar surged by 143 basis points or 1.01% against the Canadian Dollar on Tuesday. The currency pair was pressured higher by the 50– hour simple moving average during this period.
The Australian Dollar declined by 85 basis points or 1.35% against the US Dollar on Tuesday. The currency pair tested the weekly support level at 0.6267 during Tuesday's trading session.
The common European currency surged by 88 basis points or 0.76% against the Japanese Yen on Tuesday. The currency pair breached thee 50– and 100– hour SMAs during Tuesday's trading session.
On Monday, the XAU/USD exchange rate tried to surpass the monthly R1 at 1,704.29. During today's morning, the rate plummeted to the 1,675.00 mark.
Yesterday, the USD/JPY currency pair traded sideways at the weekly PP at 107.69. During Tuesday morning, the pair breached the short-term ascending channel south.
Yesterday, the GBP/USD exchange rate traded sideways in the 1.2450 area. During Tuesday morning, the rate broke the support formed by the Fibo 50.00% and the weekly S1 in the 1.2400 area.
On Monday, the EUR/USD currency pair consolidated in the 1.0870 area. During today's morning, the pair declined to the 1.0840 mark.
The New Zealand Dollar has declined by 117 pips or 1.92% against the US Dollar since Monday's trading session. The currency pair breached the 50-, 100– and 200– hour SMAs on Monday.
During the past 24 hours of trading, the US Dollar has surged by 176 pips or 1.25% against the Canadian Dollar. The currency pair breached the upper boundary of a dominant descending channel pattern on Tuesday morning.
The Australian Dollar has declined by more than 100 pips or 1.65% against the US Dollar since yesterday's trading session. A breakout occurred through the lower boundary of an ascending channel pattern on Monday.
Since yesterday's trading session, the common European currency has declined by 88 pips or 0.75% against the Japanese Yen. The currency pair was pressured lower by the 50– and 100– hour SMAs.
On Friday, the XAU/USD exchange rate declined to the 1,680.00 level. During today's morning, the rate was trading at the given mark.