The Australian Dollar appreciated about 66 base points against the US Dollar on Friday. The currency pair reached a three-week high level at 0.7160 during the morning hours of today's session.
The single European currency has appreciated about 92 base points against the Japanese Yen since January 15. The currency pair breached both the 50-, 100– and 200-hour SMAs during Friday's trading session.
The New Zealand Dollar appreciated about 56 base points against the US Dollar on Thursday. The currency pair tested the upper boundary of a junior descending channel pattern at 0.6855 during Thursday's trading session.
The US Dollar has been trading in a junior ascending channel pattern against the Canadian Dollar since the beginning of February. The currency pair breached the monthly pivot point at 1.3302 during yesterday's session.
The Australian Dollar depreciated about 60 base points against the US Dollar on Thursday. The decline was stopped by the lower boundary of an ascending channel pattern at 0.7072.
Downside risks prevailed in the market on Thursday. As a result, the common European currency broke both the short and the medium-term ascending channel pattern.
The New Zealand Dollar depreciated about 58 base points against the US Dollar on Wednesday. The decline was stopped by a support level formed by the weekly pivot point at 0.6795. Today's session began with an upward movement.
The US Dollar appreciated about 71 base points against the Canadian Dollar on Wednesday. The currency pair bounced off from the lower boundary of a junior ascending channel at 1.3200 during yesterday's trading session.
During Wednesday's trading session, the Australian Dollar depreciated about 50 base points against the US Dollar. The decline was stopped by a support level formed by the combination of the 50– and 100-hour SMAs at 0.7093.
The single European currency depreciated about 63 base points against the Japanese Yen on Wednesday. The decline was stopped by a support cluster formed by the combination of the weekly and the monthly PPs at 125.00.