The New Zealand Dollar has continued to decline in a descending channel pattern against the Japanese Yen since the beginning of March. The currency pair declined by 633 pips or 9.58% in value during last week's trading sessions.
The New Zealand Dollar has declined significantly against the US Dollar since March 10. The currency pair has declined by 614 pips or 7.07% in value during the past three weeks.
The USD/SEK exchange rate has been trading upwards since the beginning of March after it reversed north from the support level—the monthly S2 at 9.3869.
The EUR/SEK currency pair has been trading upwards since the beginning of March after it failed to surpass the Fibonacci 23.60% retracement at 10.47.
The common European currency has continued to trade bullish against the British Pound. The currency pair has surged by 9.51% in value since the beginning of March.
The US Dollar has surged by 640 pips or 6.92% in value against the Swiss Franc since March 9. The currency pair breached the 50-, 100 and 200– period SMAs during this period.
During the first half of March, the USD/NOK exchange rate extended gain significantly and reached the 12.00 level. Currently, the rate is trading in the 11.00 area.
During the first half of March, the EUR/NOK currency pair skyrocketed to the 13.00 level. Currently, the pair is trading near 12.00.
The common European currency has been trading in a medium-term ascending channel against the New Zealand Dollar. The currency pair tested the 2.000 mark during last week's trading sessions.
The Australian Dollar has been trending bearish against the New Zealand Dollar since the beginning of March. The currency pair has edged lower by 4.75% in value during the past three weeks.
The Ethereum cryptocurrency has been trending bearish against the US Dollar since the beginning of March. The exchange rate has declined by 58.33% in value during the past two weeks.
Since the beginning of March, the Bitcoin cryptocurrency has declined by 53.65% in value against the US Dollar. The currency pair tested the $4000 mark at the end of last week's trading sessions.
The British Pound has been trending bearish against the Japanese Yen since February 24. The currency pair has edged lower by 14.34% in value during this period.
The Australian Dollar has declined significantly against the Japanese Yen since February 20. The currency pair has edged lower by 19.10% in value during the past month.
The EUR/CZK exchange rate has been going upwards since the beginning of March. Currently, the rate is testing the psychological level at 27.40.
The EUR/TRY currency pair has been trading upwards since the end of February after it reversed north from the psychological level at 6.5500. Currently, the pair is trading near the resistance level—the monthly R2 at 7.1586.
Light crude oil prices have plunged significantly since the beginning of March. The pair has declined by 46.01% in value during the past two weeks trading sessions.
The benchmark for international crude oil prices Brent has declined significantly since the beginning of March. The commodity has slumped by 47.10% in value since March 3.
The USD/PLN exchange rate has been going upwards since the beginning of March after it failed to surpass the Fibonacci 38.20% retracement at 3.7496. Currently, the rate is testing the resistance level—the monthly R2 at 4.0557.
The USD/TRY currency pair has been trading upwards since the beginning of March after it re-tested the support level—the monthly S1 at 6.0479. The pair has already exceeded the 6.4500 level.
The Pound Sterling has declined by 1083 pips or 6.01% in value against the Canadian Dollar since last week's trading sessions. The currency pair tested January low level at 1.6915 on Friday.
The British Pound has surged by 763 pips or 3.95% in value against the Australian Dollar since the beginning of March. The currency pair tested the weekly R2 at 2.0230 on Monday.
The EUR/SGD exchange rate has been testing the resistance formed by the Fibo 61.80% and the monthly R3 in the 1.5900 area since last Monday.
The AUD/SGD currency pair has been trading downwards since the beginning of March after it failed to surpass the resistance level—the monthly PP at 0.9143. Currently, the pair is testing the support level –the monthly S2 at 0.8748.