The AUD/NZD currency pair has been trading within the descending channel since the beginning of January.
The Australian Dollar has depreciated about 4.20% in values against the Canadian Dollar since the beginning of December. This movement has been bounded in the descending channel.
The British Pound has appreciated about 1.58% in values against the Canadian Dollar since last week. The currency pair was supported by a cluster formed by the of the weekly and the monthly PPs and the combination of the 50-,100 and 200-hour SMAs at 1.7170.
The Pound Sterling increased by about 1.91% in values against the Australian Dollar during the last week. The currency pair breached February 8 swing high of 1.8350 during this short period.
The EUR/CHF continued to trade within the short-term ascending channel.
The US Dollar has been appreciating gradually against the Swiss Franc since the middle of January when the exchange rate reversed north from the upper boundary of the rising wedge pattern at 0.9738.
The common European currency has continued its decline in a descending channel pattern against the Canadian Dollar. The currency pair depreciated about 1.02% in values during the last week.
Indicator 4H 1D 1W MACD(12;26;9) Buy Sell Buy RSI(14) Neutral Neutral Neutral Stochastic(5;3;3) Buy Neutral Neutral Alligator(13;8;5) Neutral Neutral Neutral SAR(0.02;0.2) Sell Sell
The USD/PLN exchange rate has been trying to breach the long-term ascending channel since the middle of February.
The USD/THB currency pair reached the lower boundary of the long-term descending channel located circa 31.20 at the end of January.
The Ethereum cryptocurrency has continued its movement in an ascending channel against the US Dollar. The currency pair gained about 22.97% in values during the last week.
Upside risks dominated the Bitcoin cryptocurrency against the US Dollar during the past week. The pair appreciated by about 418 base points during the last five days of trading.
The Euro has been depreciating gradually against the Turkish Lira since the beginning of January when the exchange rate reversed south from the Fibonacci 61.80% retracement at 6.3791.
The EUR/GBP currency pair reached the lower boundary of the long-term ascending channel located circa 0.8650 at the end of January.
Indicator 4H 1D 1W MACD(12;26;9) Buy Buy Sell RSI(14) Neutral Neutral Neutral Stochastic(5;3;3) Neutral Sell Neutral Alligator(13;8;5) Buy Buy Sell SAR(0.02;0.2) Sell
The Australian Dollar has been appreciating in an ascending channel pattern against the Japanese Yen since the beginning of 2019. The currency pair gained about 2.20% in values during the past week.
The NZD/CHF currency pair has been trading between the psychological level at 0.6750 and the upper boundary of the ascending triangle pattern at 0.6917 since the end of January.
The New Zealand Dollar has appreciated around 4.80% against the Euro since the beginning of 2019. Also, the exchange rate reached the lower boundary of the long-term ascending channel at 1.6450.
The UKOIL has appreciated about 6.29% in values against the US Dollar during the last week. The pair reached November 20 high level at 66.82 within this short period of time.
Bullish momentum dominated the Light crude oil prices during the past week. The commodity has rallied about 6.91% in values during this short period of time.
The US Dollar has been appreciating against the Norwegian Krone since the beginning of February when the exchange rate reversed from the lower boundary of the long-term ascending channel at 8.4065.
The USD/SEK currency pair has been going upwards since the middle of January when the pair reversed from the lower boundary of the long-term ascending channel at 8.8600.
The Pound Sterling versus the Canadian Dollar has revealed a new junior descending channel pattern. This channel pattern has guided the currency pair towards a one-month low at 1.6969.
During the past week, the British Pound has lost about 1.31% of its values against the Australian Dollar. The currency pair moved closer to the bottom border of an ascending channel pattern at 1.8000.