The common European currency has been appreciating against the Japanese Yen after the currency pair reversed from the lower boundary of a dominant descending channel at 126.69.
The New Zealand Dollar appreciated about 130 base points against the US Dollar on Thursday. The currency dashed through the weekly R1 at 0.6623 during the end of the previous session.
The Greenback has continued its decline against the Canadian Dollar. The currency pair tested the lower boundary of an ascending trendline at 1.3054 during the Asian session on Friday.
Upside risks prevailed in the market on Thursday, thus sending the Australian Dollar to surged more than 100 base points against the US Dollar. The currency pair broke a dominant descending channel during the first half of Friday's session.
Upside risks dominated the common European currency against the Japanese Yen on Thursday. The EUR/JPY exchange rate ended yesterday's session with 0.92% gains.
The New Zealand Dollar depreciated about 57 base points against the US Dollar on Wednesday. The currency pair breached a support cluster formed by the weekly and the monthly PPs near the 0.6524 area during the end of yesterday's trading session.
The US Dollar appreciated about 60 base points against the Canadian Dollar on Wednesday. The 50-hour simple moving average provided support for the pair at 1.3111 during yesterday's session.
The Australian Dollar traded with low volatility against the US Dollar on Wednesday. However, the situation changed this morning, as bullish momentum dominated the European session on Thursday. The currency pair appreciated about 90 base points during the morning session.
The common European currency depreciated more than 90 pips against the Japanese Yen on Wednesday. The currency pair was pressured south by the 200-hour simple moving average, which provided a resistance for the rate at 128.43.
The New Zealand Dollar appreciated about 81 base points against the US Dollar on Tuesday. The currency pair breached the 200-hour simple moving average at 0.6549 during the end of yesterday's trading session.
The US Dollar traded sideways against the Canadian Dollar on Tuesday. The currency pair was moving between a range of 1.3149 and 1.3102 through out yesterday's trading session.
The Australian Dollar appreciated about 64 base points against the US Dollar on Tuesday. The currency pair tested the upper boundary of a medium-term descending channel at 0.7100 during the end of yesterday's session.