Yesterday USD/CHF fetched 0.9278, but still did not close beneath the 100-day SMA that holds for now.
The loonie dropped precipitously today, the price slipped through the weekly S1 level at 1.0104 and effortlessly penetrated the Bollinger band at 1.0099.
NZD/USD is traded positively together with another Oceania's currency.
The Australian Dollar's price moves upward at an accelerated pace—in the pair against the U.S. Dollar it appreciates for a fourth straight trading session.
EUR/JPY appreciates further and moves along the Bollinger band, setting a seventh straight gain.
The major currency pair fluctuates between the 55-day SMA at 1.3070 and the monthly R1 level at 1.3043.
USD/CHF is traded without any concrete direction, as the pair fluctuates beneath the 200-day SMA at 0.9335 in a narrow range.
USD/JPY continues to perform positively, as the pair peaked at 99.87 yesterday, making the highest point since April, 2009.
The British Pound gradually appreciates, but a change is just fractional.
It seems that pair has picked quite a momentum and at the moment is trading at/slightly above the Bollinger band.
Kiwi is appreciating further and at the moment is testing 0.854 which is the last obstacle before testing 0.86.
After a few rather volatile days pair has calmed down and is trading in 30 pips range and at the moment is being depressed by weekly pivot (PP), 20 and 55-day SMAs.
After what seemed like a possible end of the rally yesterday, pair picked up the pace once more and at the moment is trying to advance outside the boundaries of the Bollinger band.
Trading of EUR/JPY continues to take place above the upper Bollinger band, though the currency pair, as noted yesterday, is already showing some signs of weakness ahead of the resistance at 131.47/130.86.
EUR/USD finished an impulse to the 55-day SMA at 1.3079, since yesterday it even surpassed an interception point of the Bollinger band and the SMA for a short period of time.
Yesterday the Cable found support at 1.5241, where the 55-day SMA was positioned. This level created sufficient bullish impetus to reverse the price and continue an up-side trend.
Yesterday USD/CHF slipped beneath the 200-day SMA and made a spike to check the 55-day SMA at 0.9363.
Yesterday USD/JPY found a resistance level at 99.57, which was able to ease significant market sentiments to sell the Japanese Yen.
Numerous attempts of NZD/USD to breach the up-trend resistance line have finally yielded results.
The direction of the price movement implied by the technical indicators did not turn out to be the right one, while the fact that AUD/USD has just hit a strong support zone at 1.0353/38 played out as anticipated, i.e. reversed the dip.
A surge that was commenced right after USD/CAD touched upon 1.0106/1.0096 last week proved to be unsustainable, as supply at 1.0187/69 and 1.0235/19 did not allow further advancement.
USD/CHF fluctuates beneath the 200-day SMA for a third trading session.
USD/JPY surges to the highest level since August 2009, as the price is traded just beneath a 100 benchmark.
The major currency pair is under heavy bullish pressure, as the price intensively moves up and reaches new highs.