The single European currency is currently trading in a narrow descending channel pattern against the Japanese Yen.
On Thursday, the price for gold fell to the psychological level at 1,415.00. During today's morning, the XAU/USD exchange rate raised to the resistance level formed by the 55-, 100– and 200-hour SMAs at 1,422.00.
Yesterday, the USD/JPY currency pair jumped to the psychological level at 108.70. During Friday's morning, the rate was trading at the given level.
During previous trading session, the GBP/USD exchange rate tumbled to the psychological level at 1.2440. During Friday's morning, the rate traded at the given level.
During Thursday, the EUR/USD currency pair tried to surpass the resistance level formed by the weekly S1 at 1.1187. During today's morning, the pair was testing the resistance level formed by the 55-hour SMA and the weekly S2 at 1.1152.
The New Zealand Dollar versus the US Dollar reached the given target at 0.6643, as predicted on Thursday. The currency pair was trading near a support cluster formed by the weekly and the monthly support levels during the following hours of today's trading session.
During the past 24 hours of trading, the US Dollar has depreciated about 0.45% in value against the Canadian Dollar. The 100-hour simple moving average provided support for the pair at 1.3108 during yesterday's session.
The Australian Dollar has depreciated about 52 base points against the US Dollar since yesterday's trading session. The currency pair was guided by a junior descending channel pattern.
The EUR/JPY currency pair appreciated about 1.08% in value during yesterday's trading session. A breakout occurred through the upper boundary of a descending channel pattern.
During the previous trading session, gold traded sideways against the US Dollar within the cluster formed by the 100– and 200-hour SMAs, located at 1,425.73 and 1,421.09 respectively.
On Wednesday, the USD/JPY currency pair traded sideways, trying to breach the support cluster formed by the 55-, 100– and 200-hour SMAs in the 107.96/108.14 range.
Yesterday, the GBP/USD exchange rate skyrocketed to the 1.2520 level and reversed south to the 1.2470 mark.
During Wednesday, the EUR/USD currency pair traded sideways round the psychological level at 1.1140. During today's morning, the pair was testing the 2018/2019 minimum at 1.1124.
The New Zealand Dollar versus the US Dollar breached a significant support level at 0.6693 during the morning hours of Thursday's trading session.
The US Dollar continued to trade sideways movement against the Canadian Dollar on Wednesday. The 50-hour simple moving average provided support for the currency pair during yesterday's trading session.
The Australian Dollar maintained the junior descending channel pattern against the US Dollar on Wednesday. The currency pair traded near the bottom border of a descending channel pattern.
The single European currency depreciated about 53 base points against the Japanese Yen on Wednesday. The currency pair continued its downward momentum during the first half of today's trading session.
The New Zealand Dollar depreciated about 50 base points against the US Dollar on Tuesday. The currency pair hit a one-week low at 0.6693 during the morning hours of Wednesday's trading session.
The US Dollar traded flat against the Canadian Dollar on Tuesday. The USD/CAD currency pair was trading below the weekly R2 at 1.3156 during yesterday's trading session.
During yesterday's trading session, the Australian Dollar depreciated about 51 base points against the US Dollar. The currency pair dashed through the weekly S1 at 0.7000.
The common European currency has depreciated about 82 base points against the Japanese Yen since Tuesday's session. The currency pair breached the lower boundary of a descending channel pattern during the first part of Wednesday's trading session.
Yesterday, the XAU/USD exchange rate tried to breach the short-term ascending channel south. During today's morning, the rate was testing the resistance of the 100-hour SMA at 1,426.59.
During the previous trading session, the USD/JPY currency pair traded sideways around the psychological level at 108.20.
On Tuesday, the GBP/USD exchange rate traded sideways around the psychological level at 1.2450. During today's morning, the rate was still consolidating at the given level.