NZD/USD takes a breath between periods of depreciation, as the price is outside the Bollinger band.
The U.S. Dollar loses its value today relative to its Canadian counterpart, as the price slides from a 1.0132 level, where the 100-day SMA intersects with the 20-day SMA.
Weak business confidence data in Australia pushed the Aussie even lower, as the price nearly reached a 11-month low. The pair depreciated below the Bollinger band, indicating how strong bearish sentiments are at the moment.
EUR/JPY finally depreciates from the Bollinger band at 132.43, as it is a common pattern when after a substantial move the pair consolidates on Monday's trading session.
The pair strengthened significantly over the past week, as the price advanced from the 100-day SMA at 0.9347 to a two-month high at 0.9567.
After a breach of a 100 level, the pair gained just above 102, but that was above the daily Bollinger band, thus the pair depreciates today.
GBP/USD exhibited strong bearish sentiments last week, as the price decreased from the weekly R1 at 1.5527 to an area just beneath the major support line at 1.5340.
Seems that the market recalled European credit problems and investors shifted towards Dollar-based securities.
NZD/USD slumped heavily today, as the price dropped from the 100-day SMA at 0.8388 through the lower Bollinger band and the 200-day SMA at 0.8317.
USD/CAD continues its trip north, as the price increases for a second day. Today the loonie touched the 100-day SMA and weekly pivot point level at 1.0133.
The Aussie depreciated precipitously in few recent trading sessions—the price breached the resistance at 1.0190.
Today EUR/JPY advances further, as investors maintain their appetite for higher yields.
USD/CHF skyrocketed yesterday, as the pair jumped from the 100-day SMA at 0.9341 and reached the upper Bollinger band at 0.9511, breaching the 20-day SMA at 0.9384 and the 55-day SMA at 0.9406.
USD/JPY finally breached a 100 benchmark after improvement in the U.S. labor marker was announced.
The Cable dropped yesterday, despite the fact that the Bank of England did not change its monetary easing programme.
The common currency of 17 nations smashed yesterday, as the price slipped from the 100-day SMA at 1.3146, dropped through the 200-day SMA at 1.3070 and was stopped only around a 1.3021 level, where the weekly S1 is positioned.
USD/CAD finally reached the 200-day SMA at 1.0013 and already reversed from it.
NZD/USD executed a huge 80-pip spike down, which breached the 55-day and 100-day SMAs for a while yesterday.
Today the Aussie gained value in the first half of morning trading session on positive labour market data in Australia.
Today the pair is traded flat around a 130 benchmark, where the price closed yesterday.
USD/CHF reduces its volatility gradually along with the major currency pairs. The price fluctuates between the 55-day SMA at 0.9402 and the 200-day SMA at 0.9319.
USD/JPY is traded flat since the beginning of April, as the pair cannot breach a resistance at 99.70.
The British Pound has been traded for last two weeks under the major down-sloping resistance line at 1.5580.
EUR/USD is pressed in a channel for more than a month, as the pair is traded between the 100-day at 1.3151 and the 55-day SMA at 1.3007.