The US Dollar traded sideways against the Canadian Dollar on Monday. The currency pair was moving within a trading range of 1.3287 and 1.3254 during the previous session.
The Australian Dollar depreciated about 40 base points against the US Dollar on Monday. The currency pair tested the lower boundary of an ascending channel at 0.7192 during yesterday's trading session.
The Eurozone single began today's session with a bullish momentum against the Japanese Yen. As a result, a breakout occurred through the upper boundary of a descending channel pattern at 124.60.
The New Zealand Dollar gained over 50 base points against the US Dollar on Friday.
The US Dollar gained about 96 base points against the Canadian Dollar on Friday. The currency pair breached both the 50– and 100-hour simple moving averages during Friday's trading session.
The Australian Dollar depreciated about 50 base points against the US Dollar on Friday. The decline was stopped by a traditional weekly pivot point near 0.7187 at the end of the previous trading session.
The single European currency depreciated about 76 base points against the Japanese Yen on Friday. The currency pair breached a support cluster formed by the combination of the weekly and the monthly PPs at 124.34 during Friday's trading session.
A resistance cluster formed by the combination of the weekly and the monthly pivot points restricted the upside movement of the New Zealand Dollar against the US Dollar on Thursday.
The US Dollar traded sideways movement against the Canadian Dollar on Thursday. The 50-hour simple moving average provided resistance for the currency pair at 1.3250 during Thursday's trading session.
The Australian Dollar has continued to gain strength against the US Dollar. The currency pair appreciated about 49 base points during the previous trading session.
The common European currency has continued to trade sideways against the Japanese Yen for the second consecutive trading session. The 200-hour simple moving average provided support for the currency pair at 124.50 during Thursday's trading session.
The New Zealand Dollar appreciated about 79 base points against the US Dollar on Wednesday. The currency pair breached a resistance cluster formed by the monthly and the weekly pivot points at 0.6795 during Wednesday's trading session.