The US Dollar has continued its decline in a descending channel pattern against the Canadian Dollar. The currency pair edged lower by about 0.40% during yesterday's trading session.
The Australian Dollar versus the US Dollar remained stable on Wednesday. The currency pair was trading below the weekly resistance level at 0.7177 during the previous trading session.
The common European currency traded sideways against the Japanese Yen on Wednesday. The currency pair was trading near the weekly resistance level at 125.47 during yesterday's session.
The New Zealand Dollar appreciated about 74 base points against the US Dollar on Tuesday. The currency pair breached both the 50– and 100-hour SMAs during yesterday's trading session.
The US Dollar depreciated about 71 base points against the Canadian Dollar on Tuesday. The currency pair broke a medium-term ascending channel pattern during Tuesday's trading session.
Positions Today Yesterday Change Longs 74% 73% 1.4% Shorts 26% 27% -3.8% Indicator 4H 1D 1W MACD(12;26;9) Buy Sell
The single European currency appreciated about 77 base points against the Japanese Yen on Tuesday. The currency pair broke a dominant descending channel during yesterday's trading session.
The New Zealand Dollar depreciated about 52 base points against the US Dollar on Monday. The currency pair breached the 50-hour simple moving average during yesterday's trading session.
The US Dollar traded with low volatility against the Canadian Dollar on Monday. The currency pair movement was about 20 base points.
The Australian Dollar depreciated about 51 base points against the US Dollar on Monday. The decline was stopped by a support level formed by the monthly pivot point at 0.7104.
The common European currency has depreciated about 50 base points against the Japanese Yen since yesterday's trading session. The currency pair tested the lower boundary of a junior ascending channel pattern during the Asian session on Tuesday.
The New Zealand Dollar appreciated about 62 base points against the US Dollar on Friday. The 50– hour simple moving average provided support for the currency pair at 0.6821 during Friday's session.
During the past 24 hours of trading, the US Dollar has lost about 0.64% in values against the Canadian Dollar. The currency pair breached the lower boundary of an ascending channel pattern during the Asian session on Monday.