The New Zealand Dollar depreciated about 53 base points against the US Dollar on Thursday. The exchange rate almost tested the 200-hour simple moving average at 0.6524 during yesterday's session.
Upside risks dominated the US Dollar against the Canadian Dollar on Thursday. The currency pair tested the swing high at 1.3072 as predicted by the analyst during the end of yesterday's session.
The Australian Dollar has continued to trade in an ascending channel against the US Dollar. The currency pair tested the lower boundary of the channel at 0.7098 during the end of the previous session.
Downside momentum dominated the EUR/JPY currency pair on Thursday. The single European currency ended yesterday's session with about 130 base points declined against the Yen.
The New Zealand Dollar depreciated about 60 base points against the US Dollar on Wednesday. The currency pair was pressured south by a resistance cluster formed by the weekly and the monthly PPs at 0.6598.
Upside risks prevailed in the market on Wednesday, thus sending the US Dollar to surged by 0.70% against the Canadian Dollar. The currency pair dashed through a resistance cluster formed by the weekly and the monthly PPs at 1.3006 during the end of yesterday's session.
Downside sentiment dominated the Australian Dollar against the US Dollar on Wednesday. The exchange rate depreciated by 0.78% during yesterday's trading session.
Downside risks prevailed in the market on Wednesday, thus allowing the single European currency to declined by 0.75% against the Japanese Yen.
Upside risks dominated the New Zealand Dollar against the US Dollar on Tuesday. The currency pair appreciated about 40 base points during the end of yesterday's session.
Downside momentum has continued to dominate the USD/CAD currency pair. The US Dollar depreciated about 82 base points against the Canadian Dollar on Tuesday trading session.
The Aussie appreciated about 40 base points against its US counterpart on Tuesday. The currency pair was guided by the 50-hour simple moving average during yesterday's session.
Upside risks prevailed in the market on Tuesday, thus sending the common European currency to surged about 86 base points against the Japanese Yen. The pair breached the 200-hour simple moving average at 130.13 during yesterday's session.