The British Pound has appreciated about 2.25% in value against the Japanese Yen since August 12. The currency pair tested a resistance level formed by the 100– period simple moving average at 129.15.
The Australian Dollar is gradually edging higher against the Japanese Yen. The currency pair has appreciated by 2.03% in value since August 8.
On August 6, the USD/CNH currency pair reached the 2018/2019 maximum at the 7.1320 mark.
Silver has been appreciating against the US Dollar since the beginning of June after the XAG/USD exchange rate reversed from the psychological level at 14.50.
Brent Crude, the international benchmark price for purchases of oil, rose above $60 a barrel for the first time in over a week on Wednesday. The surge was attributed to a bigger-than-expected decline in the US crude inventories.
The Light crude oil prices have risen by 12.05% in value against the US Dollar since August 7. The pair is gradually edging higher in a junior ascending channel pattern.
The Euro has been appreciating against the Swedish Krona since the end of July when the EUR/SEK exchange rate reversed north from the lower boundary of the rising wedge pattern at 10.50.
The US Dollar has been appreciating against the Swedish krona since the beginning of July after the USD/SEK currency pair reversed north from the lower boundary of the long-term ascending channel at 9.2520.
During the past week, the British Pound has appreciated about 1.91% in value against the Canadian Dollar. A breakout occurred through the upper boundary of a descending channel pattern.
The Pound Sterling has depreciated about 2.42% in value against the Australian Dollar since August 7. The currency pair tested the lower boundary of an ascending channel pattern at 1.7700 on August 12.
The GBP/NZD exchange rate has been trading upwards since the end of July after it reversed north from the descending trend line at the 1.8280 mark.
The Euro has been appreciating against the New Zealand since the end of July when the EUR/NZD currency pair reversed north from the lower boundary of the rising wedge pattern at 1.6535.
The common European currency has edged lower about 1.67% in value against the Canadian Dollar since August 7. The exchange rate is currently testing a support level formed by the 200– hour simple moving average at 1.4723.
During the past two weeks, the Eurozone single currency has depreciated about 2.32% in value against the Australian Dollar. The currency pair breached the lower boundary of an ascending channel pattern at 1.6478 during last week's trading sessions.
The Euro has been appreciating against the Polish Zloty since the beginning of July after the EUR/PLV exchange rate reversed north from the lower boundary of the long-term descending channel at 4.2390.
The Polish Zloty has been depreciating against the US Dollar since the beginning of July after the USD/PLN currency pair reversed north from the lower boundary of the long-term ascending channel at 3.7300.
The CHF/JPY exchange rate has been trading between the 109.74/108.00 range since the beginning of August. The Swiss Franc depreciated about 1.53% in value against the Yen during last week's trading sessions.
The CAD/CHF currency pair has been trading down since the beginning of July after the pair failed to surpass the resistance level located near the 0.7606 marks.
The Turkish Lira has been appreciating against the Japanese Yen within the ascending channel since the beginning of May. As apparent on the chart, the TRY/JPY currency pair is testing its lower boundary at 18.80.
The ZAR/JPY currency pair has been trading downwards since the end of July after it reversed south from the upper boundary of the long-term descending channel at 7.81.
Since July 31, the common European currency has depreciated about 1.89% in value against the Swiss Franc. The currency pair was pressured by the 100– hour simple moving average.
During last week trading sessions, the Australian Dollar versus the Canadian Dollar tried to breach the long-term descending channel. As apparent on the 4(H) chart, the currency pair reversed north from its lower boundary at 0.8802.
The EUR/RUB exchange rate has been trading upwards since the beginning of August after the rate reversed north from the descending trend line at 70.26.
The Russian Ruble has been depreciating against the US Dollar since the middle of July when the USD/RUB currency pair reversed north from the psychological level at 62.50.