The US Dollar edged lower against the Canadian Dollar on Friday. The currency pair lost about 145 base points of its values during Friday's trading session. Meanwhile, the overall market sentiment remained bearish on Monday morning.
The Australian Dollar appreciated about 103 base points against the US Dollar on Friday. The currency pair tested the upper boundary of a junior ascending channel pattern at 0.7200 during the previous trading session.
The single European currency appreciated about 151 base points against the Japanese Yen on Friday. The currency pair tested a one-month high level of 125.30 during Friday's trading session.
The NZD/USD exchange rate has been trading in a junior descending channel pattern since the middle of January. The New Zealand Dollar re-tested the upper boundary of the channel pattern on Friday.
The US Dollar has been trading in a two-week ascending channel against the Canadian Dollar. The currency pair re-tested the bottom border of the channel pattern during Friday's trading session.
The Australian Dollar has been moving in a one-week descending channel pattern against the US Dollar. The currency pair tested the upper boundary of the descending channel several times on Friday.
Upside risks prevailed in the market on Friday, thus sending the common European currency to gain about 65 base points against the Japanese Yen. The currency pair tested the upper boundary of an ascending channel pattern during the end of Friday's trading session.