No massive changes occurred to the New Zealand Dollar against the US Dollar. The currency pair was moving sideways during the previous session.
The USD/CAD breached the 50-hour SMA 1.2917 and reached the 100-hour SMA at 1.2938 on last Friday.
The AUD/USD currency pair reversed form the upper boundary of a short-term ascending channel at 0.7300 last Friday.
Downside risks dominated the EUR/JPY currency pair on Monday. The currency pair reached the 55-hour SMA at 132.35.
The NZD/USD currency pair appreciated by 54 base points on Thursday. The rate tested a resistance level formed by the weekly pivot point at 0.6690 during the end of the previous session.
No massive changes occurred to the US Dollar against the Canadian Dollar on Thursday. The currency pair was moving sideways during the previous session.
The Australian Dollar has continued its bullish momentum against the US Dollar on Thursday. The currency pair appreciated by 43 pips during the end of the previous trading session.
Upside risks dominated the EUR/JPY currency pair on Thursday. The single European currency ended the trading session with about 155 base point gain against the Japanese Yen.
Upside risks prevailed in the market on Wednesday, thus allowing the New Zealand Dollar to gain about 80 base points or 1.21% against the US Dollar. The currency pair tested the upper boundary of a one-week ascending channel yesterday.