Upside risk dominated the USD/CAD currency pair on Tuesday. As a result, the US Dollar gained about 101 base points against the Canadian Dollar during the end of yesterday's session.
Downside risks dominated the Australian Dollar against the US Dollar on Tuesday. The currency pair breached both the 50– and the 100-hour SMAs at 0.7360 and 0.7338 during the end of Tuesday's session.
Bearish sentiment dominated the common European currency against the Japanese Yen on Tuesday. A breakout through the lower boundary of a triangle pattern occurred during the end of yesterday's trading session.
Upside risks prevailed in the market on Monday, thus sending the New Zealand Dollar to appreciated by about 52 base points against the US Dollar.
Downside risks prevailed in the market on Monday, thus sending the US Dollar to slumped by about 106 base points against the Canadian Dollar.
A one-week ascending channel pattern guided the Australian Dollar versus the US Dollar on Monday.
The common European currency depreciated about 59 base points against the Japanese Yen on Monday. However, the decline was stopped by the monthly PP at 128.58. The currency pair regained its lost points during the end of Monday's session.
The New Zealand Dollar traded between a range of 0.6884 and 0.6840 during Friday's session.
The US Dollar depreciated about 96 base points against the Canadian Dollar on Friday. The currency pair breached the three moving averages during the end of the previous session.
The Australian Dollar traded sideways against the US Dollar on Friday. The currency pair was moving within the range of 0.7328 and 0.7308 during Friday's trading session.
The common European currency depreciated about 84 base points against the Japanese Yen on Friday. The currency pair tested the lower boundary of a triangle pattern at 128.40 during the end of the previous trading session.
Positions Today Yesterday % Change Longs 53% 53% 0.00% Shorts 47% 47% 0.00% Indicator 4H 1D 1W MACD (12;