The US Dollar continues to strengthen against its Japanese counterpart for the third consecutive session.
The Pound made two notable jumps against the US Dollar on Tuesday.
EUR/USD showed high volatility on Tuesday.
The New Zealand Dollar remained stable against the US Dollar on Monday, as it was confined between the bounds of 0.7059/0.6998 and also the 55– hour simple moving average.
Upside risks prevailed in the market on Monday, thus sending the US Dollar to advanced 69-pips against the Canadian Dollar.
The Australian Dollar made no significant changes to its overall price range against the US Dollar on Monday, as the currency pair continued to move sideways for the third consecutive trading session.
The previously described scenario on Monday regarding the common European currency against the Japanese Yen has occurred. The currency reversed north by the end of trading session.
Gold has been trading sideways against the US Dollar for a week now.
The US Dollar gained 66 pips against the Japanese Yen on Monday.
Bears dominated the GBP/USD exchange rate yesterday.
No significant changes were introduced to EUR/USD's positioning on Monday, as it remained trading along the 55-hour SMA
Positions Today Yesterday % Change Longs 58% 56% 3.45% Shorts 42% 44% -4.76% Indicator 4H 1D 1W MACD (12;
The USD/CAD exchange rate has been trading in a triangle like pattern since last week. The pair has been bouncing between the upper and lower boundaries of the medium-term triangle.
The AUD/USD currency pair has made no significant advances during the last session, as any attempts to move below the 0.75 regions was limited by the support of the weekly pivot point.
Upside risks dominated the market on Friday and thus sent the single European currency to surge against the Japanese Yen. This moves resulted in the pair to breached the 55– and 100-hour SMAs.
Gold is showing no changes in its positioning against the US Dollar for the sixth consecutive session.
USD/JPY was trading in a neat channel down for last two sessions.
Despite some volatility throughout the day, the GBP/USD exchange rate remained stable during Friday's trading session.
EUR/USD remained downwards-tended until mid-Friday when it reversed from the 100-hour SMA near 1.1740.
Downside risks prevailed in the market on Thursday and thus sent the New Zealand Dollar to plummet against the US Dollar. This resulted in the exchange rate to breached the lower boundary of an ascending channel.
The US Dollar continues to appreciate against the Canadian Dollar for the second consecutive session. This movement was guided by a senior ascending channel. Also, a breakout has occurred from the SMAs as predicted.
Contrary to expectations, the AUD/USD currency pair was constrained by bears on Thursday.
As expected, the Eurozone single currency made a corrective movement south against the Japanese Yen. The currency pair breached the lower boundary of an ascending channel.
XAU/USD continues to trade sideways for the third consecutive session, as the pair has remained stranded between several notable support/resistance levels.