The Euro has been appreciating against the Russian Ruble since the end of February. The EUR/USD exchange rate has already exceeded the 73.00 level.
The US Dollar has been appreciating against the Russian Ruble since the end of January. Currently, the USD/RUB currency pair is testing the resistance level—the Fibonacci 23.00% retracement at 67.14.
The GBP/JPY currency pair has been trading downwards since the middle of February after the pair reversed south from the upper boundary of the long-term descending channel pattern.
The Australian Dollar has been depreciating against the Japanese Yen since the middle of February after the AUD/JPY pair reversed south from the resistance line formed by the 200– period simple moving average.
The CAD/JPY exchange rate has been testing the lower boundary of the long-term ascending channel at 80.00 since the beginning of March.
The TRY/JPY currency pair re-tested the lower boundary of the long-term descending channel near 17.20 at the beginning of March. Currently, the pair is testing the resistance formed by the 200-hour SMA near 17.80.
During the past two weeks, the Light crude oil fell by 1022 points or 18.93% in value against the US Dollar. The pair tested the lower boundary of a descending channel pattern at 43.78 on March 2.
The Brent crude oil has decreased significantly against the US Dollar since February 20. The commodity has edged lower by 1043 points or 17.44% in value during the past two weeks.
The USD/CNH currency pair has been trading upwards within the ascending channel since the end of January. Currently, the pair is testing the lower channel line at 6.5960.
The US Dollar continued to appreciate against the Thai Baht. The USD/THB currency pair has already surpassed the 31.30 level.
The Pound Sterling has declined by 2.13% in value against the Canadian Dollar since last week Friday. A breakout occurred through the lower boundary of an ascending channel pattern during yesterday's trading session.
The British Pound has continued to surge in an ascending channel pattern against the Australian Dollar. The currency pair has edged higher by 2.45% in value during the past two weeks.
The CHF/SGD exchange rate has been trading upwards within the ascending channel since the end of January. Currently, the rate is testing the upper channel line at 1.4550.
The Australian Dollar has been depreciating against the Canadian Dollar within the falling wedge pattern since the beginning of February.
Upside risks have dominated the single European currency against the Canadian Dollar. The currency pair has edged higher by 595 pips or 4.17% in value during the past two weeks trading sessions.
During the past two weeks sessions, the common European currency has surged by 983 pips or 6.11% in value against the Australian Dollar. The currency pair hit a new high at 1.7087 on March 2.
The Swiss Franc appreciated by 2.31% in value against the Japanese Yen during last week's trading sessions. The currency pair tested the monthly resistance level at 114.23 on February 20.
Since February 20, the Canadian Dollar has declined by 3.12% in value against the Swiss Franc. The currency pair tested the lower boundary of a descending channel pattern at 0.7209 during the morning hours of Friday's trading session.
The UK100, which measures the best 100 performing shares from the London Stock Exchange, has been pressured by bearish momentum. A breakout occurred through the lower boundary of a descending channel pattern at 7099.2 on February 25.
Since the beginning of February, the dollar index, which measures the US Dollar against a basket of major currencies, has edged higher by 2.65% in value. The currency pair hit a new high at 99.81 on February 20.
The GBP/CHF exchange rate has been trading upwards within the ascending channel since the end of January. Currently, the rate is testing the lower channel line at 1.2610.
The EUR/CHF currency pair continued to trade within the falling wedge pattern (4H time-frame chart). The pair has already declined below 1.0700.
Downside risks have continued to pressure the New Zealand Dollar lower against the Japanese Yen. A breakout occurred through the lower boundary of an ascending channel pattern on February 25.
The New Zealand Dollar has continued to edge lower against the Canadian Dollar. The NZD/CAD currency pair has declined by 2.93% in value since last week's trading sessions.