The US Dollar depreciated by about 60 base points against the Canadian Dollar on Friday. The decline began after the currency pair hit a resistance level formed by the weekly PP at 1.3183.
The Australian Dollar appreciated about 85 base points against the US Dollar on Friday. The currency pair was driven higher by the 50-hour simple moving average during Friday's session.
The common European currency is trading in a triangle-like formation against the Japanese Yen. The currency pair re-tested the bottom border of the pattern during last week's session.
The New Zealand Dollar has continued to trade in a narrow ascending channel against the US Dollar. The currency pair appreciated by about 50 base points during yesterday's session.
Downside risks dominated the USD/CAD exchange rate on Thursday. A breakout occurred through the lower boundary of a junior ascending channel at 1.3220 during the end of the previous session.
Upside momentum dominated the Australian Dollar against the US Dollar on Thursday. The currency pair breached the weekly resistance level at 0.7204 during the end of Thursday's session.
Upside risks dominated the common European currency against the Japanese Yen on Thursday. The EUR/JPY currency pair tested the 200-hour simple moving average at 128.95 during the end of yesterday's session.
The New Zealand Dollar traded in a narrow ascending channel against the US Dollar on Wednesday. The currency pair appreciated by about 40 base points during the yesterday's session.
Positions Today Yesterday % Change Longs 39% 41% -5.13% Shorts 61% 59% 3.28% Indicator 4H 1D 1W MACD (12;
The Australian Dollar appreciated about 66 base points against the US Dollar on Wednesday. The currency pair breached both the 200-hour SMA and the weekly PP near 0.7238 during the previous sessio
The price movement of the common European currency against the Japanese Yen has been guided by a junior ascending channel pattern. The currency pair tested the upper boundary of the channel at 129.25 during yesterday's session.
The New Zealand Dollar appreciated about 67 base points against the US Dollar on Tuesday. The currency pair breached both the 50-and 100-hour SMAs during yesterday's session.
The price movement of the USD/CAD currency pair was guided by the 50-hour simple moving average on Tuesday. The US Dollar traded sideways against the Canadian Dollar yesterday.
The Australian Dollar appreciated about 70 base points against the US Dollar on Tuesday. The currency pair breached both the 100– and 200-hour SMAs at 0.7228 during the end of the previous session.
The single European currency appreciated about 120 base points against the Japanese Yen on Tuesday. This surge was briefly stopped by a resistance cluster formed by the monthly pivot point and the 100-hour simple moving average at the 128.95 area.