The ETH/USD cryptocurrency has been trading in a downtrend channel pattern since the end of June. However, a breakout occurred through the upper boundary of the descending channel during last week's trading sessions.
The Bitcoin cryptocurrency has been trading in a symmetric triangle pattern against the US Dollar since the last four months.
The Pound Sterling has increased its trading range against the Japanese Yen. The upside movement began on September 3 and had since gained about 4.89% in value.
Upside risks have been dominating the Australian Dollar versus the Japanese Yen since August 27, when the currency pair made a U-turn from the lower boundary of a long-term descending channel pattern at 70.00.
The New Zealand Dollar has been appreciating against the Swiss Franc since the end of August when the NZD/CHF currency pair reversed north from the lower boundary of the falling wedge pattern at at 0.6180.
The New Zealand Dollar has been depreciating against the Canadian Dollar within the descending channel since the beginning of August.
The Light crude oil prices have appreciated about 10.12% in value since September 3. The commodity breached the 50-, 100– and 200– hour SMAs during this short period.
After the Brent crude oil tested the lower boundary of an ascending channel pattern at 57.50, the commodity made a U-turn north. As a result, the pair appreciated about 10.14% in value.
The US Dollar has been appreciating against the Swiss Franc since the middle of August when the USD/CHF exchange rate reversed north from the lower boundary of the medium-term descending channel at 0.9665.
The US Dollar has been appreciating against the Turkish Lira since the beginning of September when the USD/TRY currency pair reversed north from the lower boundary of the rising wedge pattern at 5.6600.
After a sharp decline during the end of August, the Pound Sterling is gradually gaining strength against the Canadian Dollar. The currency pair appreciated about 2.13% in value during last week's trading sessions.
The great British Pound versus the Australian Dollar is currently trading in a junior descending channel pattern. The channel pattern was formed on August 25 and has guided the currency pair lower during this period.
The EUR/PLN exchange rate has been trading downwards since the end of August after it reversed south from the psychological level at 4.4000. The decline was guided by the descending trend line.
The Euro has been depreciating against the Turkish Lira since the end of August when the EUR/TRY exchange rate reversed south from the upper boundary of the medium-term descending channel at 6.5000. The pair has already lost almost 4.60%.
The Eurozone single currency has depreciated about 3.09% in value against the Canadian Dollar since August 9. The currency pair was trading near the bottom border of a descending channel pattern at 1.4521.
Since August 23, the common European currency has depreciated by 3.03% in value against the Australian Dollar. The currency pair is gradually moving towards the bottom border of a dominant ascending channel pattern at 1.5926.
Our outlook on EUR/RUB is bearish, as the price has been trading within the descending channel for the past week.
USD/RUB is currently finishing formation of the second top of the double top pattern the currency pair has been forming since the beginning of August.
The Swiss Franc has been depreciating against the Singapore Dollar since the middle of August when the currency pair reversed south from the upper boundary of the long-term ascending channel at 1.4332.
The SGD/JPY currency pair has been trading sideways between the Fibonacci 23.60% retracement at 77.38 and the lower boundary of the falling wedge pattern located circa 75.50 since the beginning of August.
The Euro has been appreciating against the Czech Koruna since the beginning of August. This movement has been bounded in the ascending channel.
The EUR/HUF currency pair has been trading upwards since the middle of August after it reversed north from the lower boundary of the rising wedge pattern at 323.35.
The AUD/SGD exchange rate has been trading sideways in the 0.9340/0.9420 area since the beginning of August. Currently, the rate is trading at the monthly R3 at 0.9348.
The AUD/NZD exchange rate has been trading upwards since the beginning of August when it reversed north from the psychological level at 1.0350. As apparent on the chart, the rate has already tested the 1.0700 level.