The New Zealand Dollar appreciated about 0.97% in value against the US Dollar on Friday. The 50-hour simple moving average provided support for the currency pair at 0.6627.
The US Dollar depreciated about 103 base points against the Canadian Dollar on Friday. The decline was stopped by a support level formed by the monthly S2 at 1.3273 at the end of Friday's trading session.
The Australian Dollar appreciated about 0.82% in value against the US Dollar on Friday. The currency pair tested the upper boundary of an ascending channel pattern at 0.7020 during Friday's trading session.
The Eurozone single currency appreciated about 0.48% in value against the Japanese Yen on Friday. The currency pair reached nearly the 123.00 marks during Friday's trading session.
On Thursday, the XAU/USD exchange rate traded sideways around the monthly R2 located at the 1,333.67 mark.
During the previous trading session, the USD/JPY currency pair reached the upper boundary of the short-term ascending channel at 108.57. During today's morning, the pair was trading along the given line.
On Thursday, the GBP/USD exchange rate tested the support cluster formed by the 55-, 100– and 200-hour SMAs in the 1.2661/1.2701 range.
Yesterday, the EUR/USD currency pair tested the upper boundaries of the short-term and long-term descending channels at the 1.1293 mark. During Friday's morning, the support level formed by the 55– and 100-hour SMAs, the monthly R1 and the weekly R2 at 1.1266.
The New Zealand Dollar traded sideways against the US Dollar on Thursday. However, the exchange rate managed to breached the 50-hour simple moving average during the previous trading session.
The US Dollar edged lower by about 75 base points against the Canadian Dollar on Thursday. The currency pair was pressured south by the 50-hour simple moving average during Thursday's trading session.
The 100-hour simple moving average guided the Australian Dollar versus the US Dollar on Thursday. The currency pair appreciated about 31 base points during yesterday's trading session.
The single European currency made a new swing high against the Japanese Yen on Thursday. The currency pair tested the upper boundary of a descending channel pattern at 122.37 during yesterday's trading session.
On Wednesday, the XAU/USD exchange rate tried to surpass the resistance level formed by the monthly R2 at 1,333.67. During today's morning, the rate was testing the given resistance.
During the previous trading session, the USD/JPY currency pair traded sideways around the 55-hour moving average located at 108.17.
Yesterday, the GBP/USD exchange rate reversed south from the upper boundary of the short-term descending channel at the 1.2740 mark. During Thursday's morning, the rate was testing the support level formed by the 100– and 200-hour SMAs located circa 1.2660.
On Wednesday, the EUR/USD currency pair plummeted to the support level formed by the 100-hour SMA and the weekly R1 at 1.1218.
The New Zealand Dollar has been appreciating in a narrow ascending channel pattern against the US Dollar since the end of May. The currency pair re-tested the upper boundary of the channel pattern at 0.6666 during yesterday's trading session.
The US Dollar has been depreciating in a descending channel pattern against the Canadian Dollar since the end of May. The currency pair reached near a three-week low at 1.3360 on Wednesday.
The Australian Dollar depreciated about 42 base points against the US Dollar on Wednesday. The decline was stopped by a support level formed by the 100-hour simple moving average at 0.6965.
The common European currency depreciated about 75 base points against the Japanese Yen on Wednesday. The decline continued during the morning hours of today's trading session.
Yesterday, the XAU/USD exchange rate traded sideways around the psychological level at 1,325.00. During Wednesday's morning, the rate was testing the resistance level—the monthly R2 at 1,333.67.
On Tuesday, the USD/JPY currency pair traded sideways, trying to surpass the resistance of the 55-hour SMA, currently located at 108.14. During today's morning, the pair surpass the given resistance.
During the previous trading session, the GBP/USD exchange rate reached the psychological level at 1.2700.
Yesterday, the EUR/USD currency pair breached the long-term descending channel north. During Wednesday's morning, the pair was testing the 1.1280 level.