During the past two weeks, the common European currency versus the Canadian Dollar has depreciated about 2.50% in value. The currency pair hit a new 2019 low at 1.4682 during the morning hours of today's session.
The EUR/AUD currency pair has been trading in a narrow descending channel pattern since June 21. The Euro has fallen about 2.40% in value during the last two weeks.
The EUR/CZK currency pair continued to trade downwards within the long-term descending channel. As apparent on the chart, the pair has already reversed north from its lower boundary at 25.42.
The Euro has been appreciating gradually against the Hungarian Forint since the beginning of June when the EUR/HUF currency pair reversed north from the lower boundary of the long-term ascending channel at 320.00.
The Ethereum cryptocurrency has been depreciating against the US Dollar since June 26 after the pair could not surpass the resistance level formed by the weekly R1 at 357.03.
The Bitcoin cryptocurrency has been depreciating gradually against the US Dollar since the end of June when the pair tested a resistance level formed by the weekly R1 at 1345.4.
The AUD/USD currency pair has been trading upwards since the middle of June when the pair reversed north from the lower boundary of the medium-term descending channel at 0.9360.
The Canadian Dollar has been appreciating against the Swiss Franc since the beginning of June when the CAD/CHF currency pair reversed north from the lower boundary of the medium-term descending channel at 0.7373.
Since June 27, the AUD/JPY currency pair has appreciated about 1.49% in value. The Aussie tested a resistance level formed by the weekly R1 at 76.32 on June 1.
The Pound Sterling has depreciated about 230 base points against the Japanese Yen on June 27. The currency pair was pressured south by the 200-hour simple moving average.
The Singapore Dollar has been appreciating gradually against the Japanese Yen since the beginning of June when the SGD/JPY currency pair reversed north from the lower boundary of the long-term descending channel 78.74.
The ZAR/JPY exchange rate has been trading up since the beginning of June after the rate reversed north from the lower boundary of the long-term descending channel at 7.17.
Brent crude oil, the benchmark price for purchases of oil worldwide, fell by 6.76% in value during last week's trading session. The commodity breached both the 50-, 100– and 200-hour SMAs.
The LIGHT.CMD/USD pair fell by 6.56% in value during last week's trading sessions. The price tested a support cluster formed by the combination of the 38.2% Fibonacci retracement level and the weekly S1 at 56.74 during the Asian session on Wednesday.
The European Common Currency has been depreciating against the Turkish Lira since the beginning of May after the currency pair reversed south from the ascending trend line at 7.0000.
The US Dollar has been depreciating against the Turkish Lira since the beginning of May. This movement has been bounded in the descending channel.
The GBP/CAD exchange rate has lost about 1.80% in value since last week's trading sessions. The 50– hour simple moving average has continued to pressure the exchange rate lower.
The GBP/AUD currency pair depreciated about 1.69% in value during last week's trading sessions. The pair was guided down by a two-month descending channel pattern.
The European Common Currency has been depreciating gradually against the Singapore Dollar since the beginning of June when the exchange rate reversed south from the upper boundary of the long-term descending channel at 1.5480.
The US Dollar has been depreciating against the Singapore Dollar since the end of May after the currency pair reversed south from the resistance level—the Fibonacci 50.00% retracement at 1.3803.
The Eurozone single currency has edged lower by 1.59% in value against the Canadian Dollar since June 17. The currency pair was pressured south by the 50-, 100 and 200-hour SMAs.
The single European currency has depreciated about 1.72% in value against the Australian Dollar since June 17. A breakout occurred through the lower boundary of an ascending channel pattern at 1.6266 on Friday.
Last week, the EUR/HUF currency pair managed to breach strong support level—the Fibonacci 61.80% retracement at the 1.1153 mark.
The US Dollar has been depreciating against the Swiss Franc since the beginning of May, after the currency pair reversed south from the upper boundary of the long-term ascending channel at 1.0230.