This week, the CAD/CHF currency pair has reached the upper boundary of the long-term descending channel at 0.7640 and reversed south.
The British Pound has been appreciating against the Swiss Franc since the end of March, when the currency pair reversed north from support level—the Fibonacci 38.20% retracement at 1.2910.
The Ethereum cryptocurrency has depreciated about 20.91% against the US Dollar since April 5. The pair breached the 50-, 100– and 200-hour simple moving averages during this period.
The BTC/USD currency pair is currently trading in an ascending trendline. The rate tested the lower boundary of the uptrend line at 5064.3 during Thursday's trading session.
Last week, the USD/TRY currency pair surpassed the Fibonacci 38.20% retracement located at the 5.8128 mark.
The Euro has been appreciating against the Turkish Lira since the end of March, when the exchange rate surpassed strong resistance level—the Fibonacci 61.80% retracement at 6.3791.
The Pound Sterling has depreciated about 178 base points against the Japanese Yen since April 18. A breakout occurred through the lower boundary of a four-month ascending channel pattern at 145.76.
During the past week, the Australian Dollar has depreciated about 195 base points against the Japanese Yen. The currency pair breached the 50-, 100– and 200-hour SMAs during this short period.
The EUR/CHF exchange rate has been extending gains since the beginning of April after it re-tested strong support level—the Fibonacci 0.20% retracement at 1.1195.
The Euro has been appreciating against the British Pound since the end of March, when the currency pair reversed north from the psychological level at 0.8500.
The Brent crude oil prices have appreciated about 4.85% in value against the US Dollar. The commodity reached the $74 mark as predicted last week. The pair was trading near the weekly R3 during the morning hours of Wednesday's trading session.
The Light.CMD/USD has appreciated about 4.86% in value since last week's trading session. The commodity hit the $66.00 mark as predicted.
Last week, the SGD/JPY currency pair reached the upper boundary of the long-term descending channel located circa 82.50.
The South African Rand has been appreciating against the Japanese Yen since the end of March when the currency pair reversed north from the trend line at 7.52.
During the past week, the common European currency has depreciated about 0.90% in value against the Canadian Dollar. The currency pair has tested the lower band of an ascending channel pattern at 1.5016.
A breakout occurred through the upper boundary of a four-week descending channel pattern at 1.5774. The 50– and 100-hour SMAs are currently providing support for the currency pair at 1.5756.
Silver has been depreciating against the US Dollar since the beginning of February. This movement has been bounded in the falling wedge pattern.
The USD/CHF currency pair has been trading upwards since the end of March after it reversed from the Fibonacci 61.80% retracement at 0.9881.
The British Pound has appreciated about 9.79% in value against the Japanese Yen since the beginning of January. This movement was guided in an ascending channel pattern.
The AUD/USD exchange rate has been trading within a narrow ascending channel pattern since the end of March.
The Euro has been depreciating against the Swedish Krona since the beginning of March after the exchange rate reversed south from the upper boundary of the long-term descending channel at 10.63.
The EUR/HUF currency pair reached the upper boundary of the long-term descending channel located circa 323.00 at the beginning of April.
The Light crude oil traded between a resistance cluster formed by the combination of the monthly and weekly pivot points at 64.69 and a support level set by the weekly S1 at 63.06 during last week's trading session.
The 50-hour simple moving average guided the Brent crude oil during last week's trading session. The commodity reached the $72 mark during Tuesday's trading session.