The New Zealand Dollar traded between a range of 0.6884 and 0.6840 during Friday's session.
The US Dollar depreciated about 96 base points against the Canadian Dollar on Friday. The currency pair breached the three moving averages during the end of the previous session.
The Australian Dollar traded sideways against the US Dollar on Friday. The currency pair was moving within the range of 0.7328 and 0.7308 during Friday's trading session.
The common European currency depreciated about 84 base points against the Japanese Yen on Friday. The currency pair tested the lower boundary of a triangle pattern at 128.40 during the end of the previous trading session.
Positions Today Yesterday % Change Longs 53% 53% 0.00% Shorts 47% 47% 0.00% Indicator 4H 1D 1W MACD (12;
The USD/CAD currency pair has been trading in an ascending channel pattern since the beginning of this week.
The Australian Dollar is trading between the monthly pivot point at 0.7328 and the weekly R1 at 0.7308 against the US Dollar.
The EUR/JPY currency pair tested the 50-hour simple moving average at 128.67 on Thursday.
The New Zealand Dollar surged by about 100 base points against the US Dollar on Wednesday. The exchange rate was supported by the 50– and 100-hour SMAs during yesterday session.
The USD Dollar plummeted about 115 base points against the Canadian Dollar on Wednesday. The currency pair breached both the 50– and 100-hour SMAs at 1.3280 and 1.3243 during yesterday's session.
The Australian Dollar surged on Wednesday trading session and reached a resistance level formed by the monthly pivot point at 0.7328.
The single European currency appreciated about 100 base points against the Japanese Yen on Wednesday. The currency pair dashed through a resistance cluster formed by the weekly and the monthly PPs at 128.95 during the end of yesterday's session.