The light crude oil prices have surged by 6.36% since last week's trading sessions. The commodity breached the weekly and the monthly PPs at 38.93 during this period.
The Brent crude oil prices have surged by 5.14% since last week's trading sessions. The commodity tested a resistance level formed by the 50– period simple moving average at 41.71 during the Asian session on Wednesday.
The SGD/JPY exchange rate has been trading downwards within a descending channel since the beginning of June.
The USD/SGD currency pair has been trading upwards within a rising wedge pattern since the beginning of June.
The Pound Sterling has declined by 2.17% against the Canadian Dollar on June 16. The exchange rate tested last week's support level at 1.6780 during the morning hours of Tuesday.
The British Pound has declined by 2.94% against the Australian Dollar since the middle of June. The currency pair tested 2019 low level at 1.7900 during the Asian session on Tuesday.
The CAD/JPY exchange rate has been declining within a falling wedge pattern since the middle of June.
The AUD/CAD currency pair has been consolidating between the Fibo 50.00% at 0.9290 and the 0.9420 level since the beginning of June.
The common European currency has surged by 177 pips or 1.17% against the Canadian Dollar since June 19. The currency pair breached the 50-, 100– and 200– hour SMAs during this period.
The single European currency has been trading sideways against the Australian Dollar since June 15. The currency pair was trading between the 1.6422/1.6226 area during the past two weeks.
The USD/THB exchange rate continued to trade downwards. The rate has already declined below the 31.20 level.
The USD/CNH currency pair has been trading sideways within a symmetrical triangle pattern since the beginning of June.
The NZD/CHF currency pair has been trading within an ascending channel since the middle of May.
The GBP/NZD exchange rate continued to trade downwards guided by the descending trend line. The rate has already declined below 1.9400.
The ZAR/JPY exchange rate has been trading within a falling wedge pattern since the beginning of June.
The HKD/JPY currency pair has been trading within a rising wedge pattern since the beginning of April. Currently, the pair is testing the lower pattern line.
The New Zealand Dollar has declined by 303 pips or 4.23% against the Japanese Yen since last week's trading sessions. A breakout occurred through the lower boundary of an ascending channel pattern on June 18.
The New Zealand Dollar has been trading sideways against the Canadian Dollar since June 5. The currency pair consolidated between the 0.8800/0.8700 level during the past two weeks.
The GBP/CHF exchange rate continued to extend gains gradually. As apparent on the chart, the rate failed to exceed the 1.2250 level.
The EUR/CHF currency pair has been trading downwards since the beginning of June, guided by a descending trend line.
The Swiss Franc has declined by 170 pips or 1.48% against the Japanese Yen since last week's trading sessions. The currency pair breached the lower boundary of an ascending channel pattern on June 18.
The Canadian Dollar declined by 270 pips or 3.76% against the Swiss Franc during last week's trading sessions. The currency pair tested the psychological support level at the 0.6900 area last week.
The USD/SEK exchange rate continued to trade downwards, guided by a descending trend line. The rate has already declined below 9.60.
The EUR/SEK currency pair continued to trade downwards, guided by a descending trade line. The pair has already declined below 10.60.