The New Zealand Dollar has depreciated about 52 base points against the US Dollar since yesterday session. The currency pair was guided south by the 50-hour simple moving average.
No significant changes occurred to the US Dollar against the Canadian Dollar on Monday. The currency pair was trading sideways during the previous session.
The Australian Dollar has depreciated about 70 base points against the US Dollar since Monday's session. The currency pair breached the lower boundary of a one-week descending channel at 0.7183 during the first part of today's session.
The single European currency has depreciated about 160 base points against the Japanese Yen since yesterday. The currency pair breached a support cluster formed by the combination of the weekly and the monthly PPs at 131.05 and also tested the lower boundary of a descending channel at 130.84 during the first part of today's session.
The decline of the NZD/USD currency pair has been guided by the 50-hour simple moving average.
Downside risks prevailed in the market on Friday, thus sending the US Dollar to plunged by 200 base points against the Canadian Dollar.
The Australian Dollar has been trading in a one-week descending channel against the US Dollar.
The common European currency appreciated about 100 pips against the Japanese Yen on Friday. The currency pair breached the 50– and 200-hour SMAs at 132.17 during the end of Friday's session.
The New Zealand Dollar has depreciated significantly against the US Dollar since the beginning of this week. The currency pair has lost about 1.47% of its values.
The Canadian Dollar depreciated about 0.94% against the US Dollar on Thursday. The exchange rate made bounced off a support cluster formed by the weekly PP and the 50-hour simple moving average at 1.2955 during the first part of yesterday's trading session.
Positions Today Yesterday % Change Longs 69% 71% -2.90% Shorts 31% 29% 6.45% Indicator 4H 1D 1W MACD
The Eurozone single currency depreciated about 100 base points against the Japanese Yen on Thursday. The currency pair is near a support cluster formed by the weekly and the monthly PPs at 131.85 during the morning hours of Friday's trading session.