On Friday, the EUR/USD currency pair raised to the upper boundary of the short-term descending channel at 1.1215. During today's morning, the pair reversed south.
The New Zealand Dollar appreciated about 42 base points against the US Dollar on Friday. The currency pair breached the 200-hour simple moving average during Friday's trading session.
The US Dollar depreciated about 55 base points against the Canadian Dollar on Friday. The currency pair breached the 50-hour simple moving average at 1.3443 during Friday's trading session.
The Australian Dollar appreciated about 52 base points against the US Dollar on Friday. The exchange rate dashed through the 200-hour simple moving average during Friday's trading session.
The single European currency traded with low volatility against the Japanese Yen on Friday. The currency pair breached the 50-hour simple moving average at 122.82 during Friday's trading session.
On Thursday, the price for gold skyrocketed the resistance level formed by the monthly PP at the 1,287.27 mark.
Yesterday, the USD/JPY currency pair dropped to the support level formed by the Fibonacci 50.00% retracement at 109.58. During Friday's morning, the pair was trying to surpass the given support.
On Thursday, the GBP/USD exchange rate rised to the 55-hour moving average, currently located at 1.2662. During today's morning, the rate tested the resistance formed by the 100-hour SMA at 1.2690.
During the previous trading session, the EUR/USD currency pair skyrocketed to the 200-hour SMA at the 1.1180 mark. During Friday's morning, the pair was testing the resistance level—the weekly PP at 1.1192.
Bullish sentiment dominated the New Zealand Dollar versus the US Dollar on Thursday. As a result, a breakout occurred through the upper boundary of a descending trendline during the morning hours of today's trading session.
The US Dollar appreciated about 58 base points against the Canadian Dollar on Thursday. The currency pair dashed through the 61.80% Fibonacci retracement level during yesterday's trading session.
The Australian Dollar appreciated about 40 base points against the US Dollar on Thursday. The currency pair tested a resistance level formed by the 200-hour SMA at 0.6903 during the Asian session on Friday.
The single European currency depreciated about 85 base points against the Japanese Yen on Thursday. The currency pair tested the lower boundary of a descending channel pattern at 122.20 during yesterday's trading session.
During yesterday's trading session, the New Zealand Dollar depreciated about 25 base points against the US Dollar. The currency pair tested the weekly S1 at 0.6485 during the Asian session on Thursday.
The US Dollar has appreciated about 90 base points against the Canadian Dollar since yesterday's trading session. The currency pair breached the three moving averages on Wednesday.
The Australian Dollar traded with low volatility against the US Dollar on Wednesday. The currency pair made just 23 base points movement during yesterday's trading session.
The common European currency has depreciated about 96 base points against the Japanese Yen since May 21. the currency pair breached the 200– and 100– hour SMAs during the first part of today's trading session.
During Wednesday, the XAU/USD exchange rate traded sideways between the Fibonacci 38.20% retracement and the 55-hour SMA, located at 1,273.68 and 1,275.60 respectively.
Yesterday, the USD/JPY currency pair slipped to the 100-hour moving average at the 110.19 mark. During today's morning, the pair was testing the given support.
During the previous trading session, the GBP/USD exchange rate traded sideways around the 1.2660 level. During Thursday's morning, the rate declined to the support level—the weekly S1 at 1.2610.
On Wednesday, the EUR/USD currency pair traded down, trying to surpass the psychological level at 1.1150. During today's morning, the pair declined to the lower boundary of the short-term descending channel located circa 1.1137.
The New Zealand Dollar depreciated about 40 base points against the US Dollar on Tuesday. The currency pair is currently moving towards a support level formed by the weekly S1 at 0.6485.
A breakout occurred through the lower boundary of an ascending channel pattern at 1.3421 during yesterday's trading session.
The Australian Dollar depreciated against the US Dollar, following the Australian Employment data set release on Thursday at 01:30 GMT. The AUD/USD exchange currency rate lost 34 pips or 0.48% right after the release. The Aussie continued trading at the 0.6915 level against the Greenback.