The New Zealand Dollar depreciated about 137 base points against the US Dollar on Wednesday. The currency pair breached a medium-term ascending channel pattern during yesterday trading session.
The US Dollar appreciated about 94 base points against the Canadian Dollar on Wednesday. The exchange rate breached the 200-hour simple moving average at 1.3177 during yesterday's trading session.
The Australian Dollar depreciated about 143 base points against the US Dollar on Wednesday. The currency pair breached all major support levels during yesterday's trading session.
The single European currency versus the Japanese Yen has revealed a new junior descending channel pattern. The channel pattern and the 200-hour simple moving average have guided the currency pair towards the lower boundary of an ascending channel.
Today's trading session began with a strong bearish sentiment. The New Zealand Dollar has depreciated about 59 base points during the morning hours of Wednesday's session.
A breakout through the upper boundary of a descending channel pattern occurred during the Asian trading session on Wednesday. The US Dollar has since appreciated about 95 base points against the Canadian Dollar during the last 24hrs.
The Australian Dollar has depreciated about 143 base points against the US Dollar during the last 24hrs. The currency pair broke a medium-term ascending channel pattern during the Asian session on Wednesday.
During the last 24hrs, the common European currency has depreciated about 102 base points against the Japanese Yen. The currency pair breached the lower boundary of an ascending channel pattern at 124.87 during the Asian trading session on Wednesday.
The New Zealand Dollar traded with low volatility against the US Dollar on Monday. The currency pair made a 33 pips movement during Monday's trading session.
The US Dollar maintained a junior descending channel pattern against the Canadian Dollar on Monday. The currency pair gained about 59 base points during yesterday's trading session.
The Australian Dollar depreciated about 56 base points against the US Dollar on Monday. The currency pair tested the lower boundary of an ascending channel pattern at 0.7200 during Monday's trading session.
The common European currency appreciated about 59 base points against the Japanese Yen on Monday. The currency pair reached near a traditional weekly resistance level at 126.03 during yesterday's trading session.