The Pound Sterling has appreciated about 1.03% in value against the Japanese Yen since last week trading sessions. The surge was stopped by a resistance level formed by the 100-hour SMA at 135.23.
During the past week, the Australian Dollar has depreciated about 1.04% in value against the Japanese Yen. A breakout occurred through the lower boundary of an ascending channel pattern on July 23.
The USD/HKD exchange rate has been trading within the ascending channel since the beginning of July. As apparent on the chart, the rate has already reversed north from the lower channel line at 7.8020.
The USD/CNH currency pair has been trading upwards since the beginning of July after it tested the support level formed by the monthly S1 at the 6.8172 mark. Currently, the pair is trying to surpass the support formed by the 55-, 100– and 200-hour SMAs in the 6.8798/6.8825 range.
The international benchmark for crude oil prices has been trading in a junior descending channel pattern since July 15. The commodity tested the lower border of the channel pattern at 61.50 on July 19.
The LIGHT.CMD/USD pair bounced off the 50.00% Fibonacci retracement level at 55.47 on July 18.
The US Dollar has been depreciating against the South African Rand since the beginning of July. This movement has been bounded in the falling wedge pattern.
The US Dollar has been appreciating gradually against the Norwegian Krone since the end of June after the USD/NOK currency pair reversed north from the lower boundary of the medium-term ascending channel.
The GBP/CAD exchange rate has appreciated about 1.55% in value against the Canadian Dollar since last week trading sessions. The rate breached the upper boundary of a descending channel pattern at 1.6327 on July 19.
The Pound Sterling traded sideways movement against the Australian Dollar during last week's trading sessions. The currency pair was guided by the 50-hour simple moving average.
The GBP/CHF exchange rate continued to trade downwards, targeting the lower boundary of the long-term descending channel located circa 1.2000. Currently, the rate is trading at the 1.2240 level.
The EUR/GBP currency pair has been trading within the ascending channel since the beginning of June. As apparent in the chart, the pair has already reversed north from the channel lower line at 0.8963.
The common European currency traded sideways against the Canadian Dollar during last week's trading sessions. The 50-hour simple moving average provided resistance for the exchange rate.
The Eurozone single currency has depreciated about 0.91% in value against the Australian Dollar since last week's trading sessions. The currency pair reached eleven weeks low on July 19.
The Turkish Lira has been appreciating against the Japanese Yen since the beginning of June. This movement has been bounded in the rising wedge pattern.
The New Zealand Dollar has been appreciating against the Japanese Yen since the beginning of June. This movement has been bounded in the rising wedge pattern.
The Ethereum cryptocurrency has revealed a new descending channel pattern against the US Dollar. The currency pair tested the lower boundary of the channel pattern at 195.51 on July 16.
During last week trading sessions, the Bitcoin cryptocurrency depreciated about 22.76% in value against the US Dollar.
The EUR/SEK currency pair has been trading within the descending channel since the beginning of June. Last Wednesday, the pair reversed north from the upper channel line at the 10.63 mark.
The European Common Currency has been depreciating against the Norwegian Krone since the beginning of June. This movement has been bounded in the falling wedge pattern.
The British Pound reversed from a resistance cluster formed by the combination of the weekly and the monthly PPs and the 50-hour simple moving average at 135.72 during last week's trading sessions.
The AUD/JPY has been trading up since the middle of June after the pair bounced off the lower boundary of an ascending channel at 74.00 on June 17. The exchange rate reversed from the weekly R1 at 76.07 on July 16.
At the end of June, the USD/DKK exchange rate reversed north from the psychological level at 6.5400. Currently, the rate is testing the resistance level formed by the weekly and monthly R1s at 6.6589.
The USD/SEK currency pair has been trading upwards since the end of June when it reversed north from the lower boundary of the long-term ascending channel located circa 9.2530.