he Ethereum cryptocurrency has been trading between the upper and lower boundaries of a horizontal channel for the past week. The 50-hour simple moving average was providing resistance for the pair at 110.3 during the previous trading sessions.
The Bitcoin cryptocurrency has been moving sideways against the US Dollar since January 29. The pair was trading between the upper and lower boundaries of a horizontal channel.
The Singapore Dollar has been appreciating gradually against the Euro since the middle of January when the currency pair reversed from the upper boundary of the falling wedge at 1.5656.
The Swiss Franc has been depreciating against the Singapore Dollar since the end of December when the exchange rate reversed south from the upper boundary of the falling wedge pattern at 1.3970.
The Australian Dollar has appreciated about 2.12% in values against the Japanese Yen since January 30. However, after hitting the upper boundary of a dominant descending channel pattern, the exchange rate began to decline.
The British Pound has depreciated about 1.99% in values against the Japanese Yen since January 25.
The Australian Dollar has been appreciating against the Swiss Franc since the beginning of January when the currency pair reversed from the lower boundary of the long-term descending channel circa 0.6800.
The Canadian Dollar has appreciated about 6.29% of its value against the Swiss Franc during the last month.
The BRENT.CMD/USD pair has appreciated about 4.92% of its values during the past week. The commodity tested a swing high of 63.61 during this time period.
During the past week, the Light crude oil has gained about 5.07% of its values against the US Dollar. The commodity breached a swing high of 54.33 during this time period.
The USD/ILS exchange rate breached the long-term ascending channel south at the end of January.
The USD/MXN currency pair has been trading within a cluster formed by the support level at 18.89 and the Fibonacci 38.20% at 19.21 since the middle of January.
The British Pound has depreciated about 2.37% of its values against the Canadian Dollar during the last week. The decline began after the exchange rate tested the upper boundary of a dominant descending channel pattern at 1.7500 on January 29.
The Pound Sterling has continued its decline against the Australian Dollar. The GBP/AUD exchange rate has lost over 500 base points of its values during the last week.
The Japanese Yen has been depreciating against the Singapore Dollar since the beginning of January after the rate reversed north from the lower boundary of the long-term descending channel at 78.96. This movement has been bounded in the ascending channel.
The Turkish Lira has been appreciating against the Japanese Yen since the beginning of January when the pair reversed north from the Fibonacci 38.20% retracement at 19.70. This movement has been bounded in the rising wedge pattern.
The single European currency has continued to edge lower against the Canadian Dollar. The exchange rate has depreciated about 215 base points during the last week.
The Eurozone single currency has depreciated about 1.76% against the Australian Dollar during the last one week. The decline started when the currency pair tested the 200-hour simple moving average at 1.5972.
The Euro has been depreciating against the Russian Ruble since the beginning of January when the pair reversed south from the psychological level at 80.00.
The Russian Ruble has been appreciating gradually against the US Dollar since the beginning of January. This movement has been bounded in the descending channel.
The Ethereum cryptocurrency has continued to depreciate against the US Dollar. The 50–hour simple moving average has guided the pair toward the 105.40 area a few days ago.
The BTC/USD pair is currently trading in a descending triangle pattern. The pair tested the upper boundary of the triangle-like formation pattern at 3500.0 during yesterday's trading session.
The EUR/TRY currency pair has been trading between the psychological levels at 5.9600 and 6.1500 since the middle of January.
The Euro has been appreciating against the Swedish Krona since the beginning of January when the pair reversed from the lower boundary of the medium-term descending channel at 10.14.