The New Zealand Dollar traded sideways against the Canadian Dollar on Tuesday. The currency pair was moving along the 100-hour simple moving average and the 200-hour SMA during the previous session.
The US Dollar has continued to trade sideways against the Canadian Dollar. The currency pair maintained Monday's trading range of 1.3128 and 1.3084 during yesterday's session.
The Australian Dollar traded between the range of 0.7087 and 0.7053 during Tuesday's session. The exchange rate was stranded between SMAs during the morning hours of Wednesday trading session.
The common European currency has depreciated about 120 base points against the Japanese Yen since Tuesday's trading session.
Gold prices have surged on Tuesday morning and reached the upper trend line of a dominant ascending pattern near the 1,235.00 level.
The US Dollar continued to plummet in value against the Japanese Yen on Tuesday. Namely, the rate had fallen down tot he 112.15 mark by the middle of the day. At that level a 50.00% Fibonacci retracement level was located at.
On Tuesday, the GBP/USD continued its decline, which was occurring after the rate passed the support line of a large scale channel up pattern.
The New Zealand Dollar depreciated about 55 base points against the US Dollar on Monday. The exchange rate breached the 200-hour simple moving average at 0.6551 during the end of Monday's session.
The common European currency has retreated against the US Dollar down to the 1.1440 mark. At that level the pair had met the support of a dominant pattern and surged.
The US Dollar traded sideways against the Canadian Dollar on Monday. The currency pair was moving between the monthly pivot point at 1.3128 and the 50-hour simple moving average at 1.3095 during the previous trading session.
The Australian Dollar depreciated about 60 base points against the US Dollar on Monday. The exchange rate breached the weekly support level at 0.7087 during yesterday's session.
The single European currency appreciated about 90 base points against the Japanese Yen on Monday. However, after hitting the 130.20 level, the currency pair made a U-turn south.
The New Zealand Dollar appreciated about 74 base points against the US Dollar on Friday. The currency pair breached both the 50-and 100-hour SMAs at 0.6560 during Friday's session.
The Australian Dollar has been trading in a two-week ascending channel against the US Dollar. The currency pair tested the lower boundary of the two weeks ascending channel pattern at 0.7087 during the first part of Monday's trading session.
The common European currency appreciated about 120 base points against the Japanese Yen on Friday. The currency pair breached the three SMAs during the end of Friday's session.