During the previous trading session, the USD/JPY currency pair traded sideways between the Fibonacci 50.00% retracement at 109.58 and the monthly S2 at 109.97.
On Friday, the GBP/USD exchange rate traded sideways around the 1.3040 mark within the short-term ascending channel.
At the end of last week, the EUR/USD currency pair tested the upper boundary of the short-term ascending channel at 1.1250 and reversed south.
The 200-hour simple moving average proved to have enough strength to restrict the New Zealand Dollar from edging higher against the US Dollar during Friday's trading session.
Given that the US Dollar failed to break a resistance level at 1.3484 during Friday's trading session, it is likely that bears could push the currency pair lower within this session.
The Australian Dollar has depreciated about 50 base points against the US Dollar since Friday's trading session.
During Friday's trading session, the common European currency traded by 42 base points against the Japanese Yen.
Yesterday, the XAU/USD exchange rate reached the resistance level formed by the monthly PP at 1,287.27.
On Thursday, the USD/JPY exchange rate traded sideways near the support level—the Fibonacci 50.00% retracement at 109.58.
During the previous trading session, the GBP/USD exchange rate traded sideways between the weekly S1 and the monthly PP, located at 1.2997 and 1.3033 respectively.
Yesterday, the EUR/USD currency pair jumped to the psychological level at the 1.1230 mark.
The New Zealand Dollar traded with low volatility against the US Dollar on Thursday. The currency pair tested the upper boundary of a descending channel pattern during the morning hours of today's trading session.
The US Dollar edged lower by about 50 base points against the Canadian Dollar on Thursday. The decline of the currency pair continued during the Asian trading session on Friday.
During the past 24 hours, the Australian Dollar has appreciated about 53 base points against the US Dollar. The currency pair breached the 200-hour simple moving average at 0.7011 during the Asian trading session on Friday.
The Eurozone single currency bounced off the lower boundary of a descending channel pattern at 122.50 during Thursday's trading session.
Yesterday, the XAU/USD exchange rate dropped to the lower boundary of the short-term ascending channel at 1,280.00. During today's morning, the rate reversed north.
Yesterday, the USD/JPY currency pair tested the support level formed by a combination of the weekly S3 and the monthly S2 at 109.97. During Thursday's morning, the pair declined to the lower boundary of the short-term descending channel at 109.66.
During the previous trading sessions, the GBP/USD exchange rate tried to surpass the support level formed by the weekly S1 at 1.2997.
On Wednesday, the EUR/USD currency pair tried to surpass the 1.1210 level. During today's morning, the pair breached the short-term ascending channel south.
The New Zealand Dollar has been trading in a horizontal channel pattern against the US Dollar.
During the first half of today's trading session, the US Dollar versus the Canadian Dollar broke a resistance level formed by the weekly pivot point at 1.3484. The Greenback continued to appreciating in an ascending channel pattern.
The price movement of the Australian Dollar against the US Dollar was guided by bearish sentiment on Wednesday. The currency pair depreciated about 40 base points during yesterday's trading session.
The common European currency traded sideways against the Japanese Yen on Wednesday. The weekly S3 at 123.13 provided support for the pair during yesterday's trading session.
On Wednesday, gold surged. It was set to reach the 1,292.00 level. Moreover, if the 1,292.00 level is broken, the commodity price should reach up to the 1,300.00 mark.