During Thursday's trading session, the currency exchange rate broke through most of the technical indicators to end the day at 110.60. On Friday, the rate was located above the 61.80% Fibonacci retracement level at the 110.77 mark.
During Thursday's trading session, the British Pound passed through the support level of the monthly pivot point to end the trading day at 1.3050. On Friday morning, the British pound depreciated against the US Dollar to pass through the weekly S1 to be located at the 1.3025 mark.
During Thursday's trading session, the currency exchange rate passed through the support levels of the monthly and the weekly S1 to end the trading session at 1.1220. On Friday morning, the rate was located at the 1.1228 mark.
During Wednesday's trading session, the yellow was resisted by the 200-hour simple moving average to pass through the previously drawn pattern line to end the day at 1,305.00. On Thursday morning, the rate was located at the 1,307.74 mark.
During Wednesday's trading session, the currency exchange rate was resisted by the 100-hour simple moving average to end the day at 1.3100. On Thursday morning, the rate was located between the monthly pivot point and the 50.00% Fibonacci retracement level at the 1.3140 mark.
During Wednesday's trading session, from 1:00 until 2:00 GMT, the New Zealand Dollar depreciated against the US Dollar by 1.81% It was a 108 pip move on the currency exchange rate.
During Wednesday's trading session, the currency exchange rate passed through the support levels of the 55-hour and the 100-hour simple moving average to end the trading session at 110.20. On Thursday morning, the rate was supported by the 100-hour simple moving average to trade at the 110.29 mark.
The US Dollar appreciated about 63 base points against the Canadian Dollar on Wednesday. The currency pair was guided up by the 50– and 100-hour simple moving averages during the previous trading session.
During Wednesday's trading session, the currency exchange rate sideways to end the day near the monthly S1 at 1.1240, as it was predicted! On Thursday morning, the rate was trading at the 1.1251 mark.
The Australian Dollar depreciated about 63 base points against the US Dollar on Wednesday. The currency pair tested the lower boundary of an ascending channel pattern at 0.7068 during yesterday's trading session.
The 50– and 100-hour simple moving averages have guided the EUR/JPY currency pair towards the lower boundary of a medium-term descending channel pattern at 123.75.
The New Zealand Dollar traded with low volatility against the US Dollar on Tuesday. However, the New Zealand macroeconomic data releases changed the overall position of the currency exchange rate during the Asian trading session on Wednesday.
The US Dollar traded with low volatility against the Canadian Dollar on Tuesday. The currency pair moved just about 32 base points during yesterday's trading session.
As predicted, the New Zealand Dollar hit a resistance cluster formed by the weekly and the monthly pivot points at 0.7147 during yesterday's trading session. After the currency pair tested the resistance cluster, a pullback occurred as expected.
The single European currency tested a resistance cluster formed by the weekly and the monthly PPs at 124.95 during the previous trading session. After hitting the resistance cluster, the currency pair began to depreciate. At the end of yesterday's trading session, the exchange rate has lost about 0.58% of its value.
During Tuesday's trading session, the yellow metal traded between the 55-hour and the 100-hour simple moving averages to break the medium pattern line at 1,316.00. On Wednesday morning, gold was located above the medium pattern line at the 1,316.86 mark.
During Tuesday's trading session, the currency exchange rate was supported by the weekly pivot point to end the trading session at 110.50. On Wednesday morning, the rate was located above the monthly pivot point at the 110.64 mark.
During Tuesday's trading session, the British Pound depreciated against the US Dollar to pass through 200-hour simple moving average. During Wednesday's midnight hours, the rate kept depreciating to trade at the 1.3188 mark.
During Tuesday's trading session, the European Single Currency depreciated against the US Dollar to pass through the small pattern line to the 1.1240 level as it was predicted! On Wednesday morning, the rate was located above the monthly S1 at the 1.1267 mark.
During yesterday's trading session, the yellow metal broke through the resistance of the medium pattern line at the 1,318.00 mark as it was expected! On Tuesday morning, the rate depreciated against the US Dollar to fit back to the medium pattern line to trade at the 1314.47 mark.
During Monday's trading session, the currency exchange rate traded sideways to end the trading day at 110.20. On Tuesday morning, the rate was supported by the 55-hour simple moving average to trade at the 110.38 mark.
During Monday's trading session, the currency exchange rate traded sideways between the 55-hour and the 200-hour simple moving averages at 1.3150 level. On Tuesday morning, the rate was supported by the 55-hour simple moving average to trade at the 1.3209 mark.
During Monday's trading session, the currency exchange rate traded sideways to end the trading session at 1.1300 as it was expected. On Tuesday morning, the European Single Currency broke through the resistance level of the 55-hour simple moving average to trade at the 1.1318 mark.
The New Zealand Dollar appreciated about 50 base points against the US Dollar on Monday. The surged was stopped by the monthly pivot point at 0.6927 at the end of the previous session.