The Eurozone single currency depreciated about 53 base points against the Japanese Yen on Wednesday. The currency pair breached the lower boundary of an ascending channel pattern during the morning hours of today's trading sessions.
The New Zealand Dollar versus the US Dollar breached the upper boundary of a descending channel pattern at 0.6603 during the morning hours of Wednesday's trading session.
The US Dollar appreciated about 42 base points against the Canadian Dollar on Tuesday. The weekly R1 provided resistance for the currency pair during yesterday's trading session.
The Australian Dollar has continued to trade in a descending channel pattern against the US Dollar. The currency pair depreciated about 52 base points during yesterday's trading session.
The common European currency continued to maintain a junior ascending channel pattern against the Japanese Yen on Tuesday. The 50-hour simple moving average provided support for the currency pair at 121.92 during yesterday's trading session.
Yesterday, the XAU/USD exchange rate tried to surpass the resistance formed by the 55-hour moving average at 1,396.43. During Tuesday's morning, the rate was testing the given resistance.
During the previous trading session, the USD/JPY currency pair tested the resistance level formed by a combination of the weekly and monthly R1s at 108.90.
During Tuesday, the GBP/USD exchange rate tried to breach the support level formed by the Fibonacci 0.00% retracement and the weekly S1 at 1.2442. During today's morning, the rate jumped to the 1.2480 level.
Yesterday, the EUR/USD currency pair traded sideways between the Fibonacci 38.20% and the monthly S1, located at 1.1200 and 1.1220 respectively. During Wednesday's morning, the pair was trading within the given cluster.
During the previous session, the XAU/USD exchange rate went downwards. During Tuesday's morning, gold was trading at the 1,390.00 level against the US Dollar.
During Monday, the USD/JPY currency pair skyrocketed to the resistance level formed by the weekly and monthly R1 at 108.91. During today's morning, the pair was testing the given resistance.
Yesterday, the GBP/USD exchange rate traded sideways around the psychological level at 1.2600. During Tuesday's morning, the rate renewed 2018/2019 minimum at 1.2462.
On Monday, the EUR/USD currency pair surpassed the monthly S1 at 1.1220. During today's morning, the pair tested the support formed by the Fibonacci 38.20% retracement at 1.1200.
After the NZD/USD currency pair tested a resistance cluster formed by the combination of the weekly and the monthly pivot points near 0.6653, the New Zealand Dollar made a U-turn south.
Since Monday's trading session, the US Dollar has appreciated about 80 base points against the Canadian Dollar. The currency pair breached both the 50-, 100– and 200– hour SMAs during yesterday's session.
The AUD/USD currency pair has depreciated about 0.71% in value since yesterday's trading session. The pair is currently testing a support level formed by the weekly S1 at 0.6944.
Since the past 24 hours, the common European currency has appreciated about 61 base points against the Japanese Yen.
On Friday, the XAU/USD exchange rate tested the psychological level at 1,390.00. During Monday's morning, the rate was testing the resistance formed by the 55-, 100– and 200-hour SMAs, currently located circa 1,410.00.
During the previous trading session, the USD/JPY currency pair breached the medium-term descending channel north. During today's morning, the pair was trading near the upper boundary of the short-term ascending channel at 108.60.
During Friday, the GBP/USD exchange rate reversed north from the 2018/2019 minimum located at 1.2488. During today's morning, the rate was trading near the 1.2540 level.
At the end of previous week, the EUR/USD currency pair dropped to the support level formed by the monthly S1 at 1.1220. During Monday's morning, the pair was testing the given support.
The New Zealand Dollar fell by 91 base points against the US Dollar Friday. The decline began after the US Non-Farm Payroll data releases on Friday.
The US Dollar skyrocketed by 81 base points against the Canadian Dollar on Friday. The surge occurred after the US employment rate data release during Friday's trading session.
The Australian Dollar depreciated about 70 base points against the US Dollar on Friday. The decline began after the US macroeconomic data releases. The pair tested the monthly pivot point at 0.6961.