The New Zealand Dollar has declined about 0.86% against the US Dollar during the last 24 hours. A breakout occurred through the lower boundary of a junior ascending channel pattern during Thursday's trading session.
The US Dollar has been trading in a junior descending channel pattern against the Canadian Dollar since the beginning of this week's trading session. The pair tested the lower boundary of the pattern during yesterday's trading session.
The Australian Dollar was moving between the upper and lower boundaries of a junior ascending channel pattern during yesterday's trading session. The exchange rate gained about 47 base points during Wednesday's trading session.
The common European currency appreciated about 68 base points against the Japanese Yen on Wednesday. The currency pair maintained a junior ascending channel pattern during yesterday's trading session.
During Wednesday's trading session, the rate surged to the 1,310.00 level as it was predicted. On Thursday morning, the yellow metal dropped to the 1,298.32 mark, passing through the support levels of the 55-hour and the 100-hour simple moving averages.
During Wednesday's trading session, the rate passed through 55-hour and the 100-hour simple moving averages to end the trading session at 111.20. On Thursday morning, the currency exchange rate broke the resistances of the SMAs to trade at the 111.60 mark.
During Wednesday's trading session, the British Pound surged to the 1.3300 level due to Brexit deal talks. On Thursday morning, the rate depreciated to the 1.3261 mark.
During Wednesday's trading session, the European Single Currency was supported by the 200-hour simple moving average to surge to 1.1320. On Thursday morning, the rate was located at the 1.1316 mark.
During Tuesday's trading session, the New Zealand Dollar depreciated about 0.56% in values against the US Dollar. The decline was stopped by the 50-hour simple moving average at 0.6841.
The US Dollar depreciated about 0.50% against the Canadian Dollar on Tuesday. The currency pair tested the 200-hour simple moving average at 1.3355 during Tuesday's trading session.
The Australian Dollar depreciated about 0.53% against the US Dollar on Tuesday. The decline was stopped by a support level set by the weekly pivot point at 0.7054 at the end of yesterday's trading session.
The Eurozone single currency appreciated about 0.60% in values against the Japanese Yen on Tuesday. The currency pair tested the upper boundary the newly formed ascending channel pattern at 125.73 during Tuesday's trading session.
During Tuesday's session, the yellow metal broke the medium pattern to end the trading session at the 1,300.00 level as it was predicted! On Wednesday morning, gold surged to the 1,308.57 mark.
During Tuesday's trading session, the 55-hour simple moving average supported the currency exchange rate to keep the rate to stay at 111.20. On Wednesday morning, the rate broke the resistance of the 100-hour SMA to trade at the 111.32 mark.
During Tuesday's trading session, the currency exchange rate had high volatility due to the United Kingdom Parliament's meeting on Brexit deal. On Wednesday morning, the rate was supported by the monthly PP to trade at the 1.3140 mark.
During Tuesday's trading session, the European Single Currency surged to the 1.1300 level by the help of the weekly PP support level at 1.1265. On Wednesday morning, the rate was trading above the 200-hour simple moving average at the 1.1291 mark.
The New Zealand Dollar appreciated about 49 base points against the US Dollar on Monday. The currency pair revealed a new junior ascending channel pattern during the end of yesterday's trading session.
During Monday's trading session, the support level of the 23.60% Fibo at 1,292.00 helped the yellow metal to end the trading session at the 1,290.00 level. During Tuesday's morning hours, the 55-hour simple moving average supported gold to break through the resistance level of the 200-hour SMA to be located at the 1,296.200 mark.
During Monday's trading session, the currency exchange rate broke through the resistance of the 55-hour simple moving average to stay at the 111.00 level as it was predicted! On Tuesday morning, the rate was resisted by the 100-hour SMA to be located at the 111.37 mark.
The US Dollar depreciated about 51 base points against the Canadian Dollar on Monday. The currency pair was pressure by the combination of the 50– and 100-hour SMAs during the previous session.
During the previous trading session, the British Pound skyrocketed to 1.3250 breaking most of the technical indicators. On Tuesday morning, the currency exchange rate was depreciating towards the previously drawn pattern line to be located at the 1.3147 mark.
During yesterday's trading session, the European Single Currency appreciated against the US Dollar to trade at 1.1200 level as it was expected! On Tuesday morning, the rate was located between the 100-hour and the 200-hour simple moving averages at the 1.1272 mark.
Upside risks prevailed in the market on Monday, thus sending the Australian Dollar to surged about 0.75% in values against the US Dollar. The currency pair breached some significant resistance levels during yesterday's session.
The single European currency appreciated about 100 base points against the Japanese Yen on Monday. The currency pair breached both the 50– and 100-hour SMAs during yesterday's trading session.