A resistance cluster formed by the weekly R1 and the 23.60% Fibonacci retracement level at 1.5114 has pressured the common European currency south against the Canadian Dollar.
The single European currency has appreciated about 0.98% in value against the Australian Dollar since last week's trading sessions. The 100-hour SMA provided support for the pair at 1.6154.
The British Pound has been depreciating against the New Zealand Dollar since the beginning of May. This movement has been bounded in the descending channel.
The EUR/NZD currency pair has been trading upwards since the beginning of April when it reversed north from the lower boundary of the long-term ascending channel at the 1.6336 mark.
The Ethereum cryptocurrency has depreciated about 17.15% in value against the US Dollar since May 30. The decline was stopped by a support level formed by the 38.2% Fibonacci retracement level at 249.9.
The BTC/USD exchange rate has depreciated about 17.16% in value since May 29. The decline was stopped by a support level formed by the 200-hour simple moving average at 7619.4.
The EUR/PLN exchange rate has been trading sideways between the Fibonacci 50.00% and 38.20% retracements, located at 4.2738 and 4.3062 respectively.
The US Dollar has been appreciating against the Polish Zloty since the beginning of March. This movement has been bounded in the short-term ascending channel.
The AUD/JPY currency pair has continued to decline in a descending channel pattern since the middle of April. The currency exchange rate tested the upper boundary of the channel pattern at 75.83 during yesterday's trading session.
The GBP/JPY currency pair has been depreciating in a descending channel pattern since the beginning of May. The exchange rate reached a six-month low during this week's trading sessions.
The Australian Dollar has been depreciating gradually against the Swiss Franc since the middle of May. This movement has been bounded in the short-term descending channel.
The AUD/CAD exchange rate has been extending gains since the end of May after it reserved north from the lower boundary of the long-term ascending channel at 0.9217.
The Pound Sterling traded sideways against the Canadian Dollar during last week's trading sessions. The currency pair has been trading along with the 50-hour simple moving average since last week.
The British Pound has continued its decline against the Australian Dollar in a narrow descending channel since last week's trading sessions. The currency pair has lost about 1.25% in value during this time period.
The Canadian Dollar has been depreciating against the Japanese Yen since the end of April, after the exchange rate reversed south form the upper boundary of the medium-term descending channel at the 84.20 mark.
The Swiss Franc has been appreciating gradually against the Japanese Yen since the beginning of May, when the currency pair reversed north from the lower boundary of the falling wedge pattern at 107.80.
Since May 27, the single European currency has appreciated about 1.33% in value against the Canadian Dollar. The currency pair tested the 23.60% Fibonacci retracement level at 1.5122.
During the past week, the common European currency has depreciated 180 base points against the Australian Dollar. The currency pair was near the bottom border of an ascending channel pattern at 1.6089 during the morning hours of Monday's trading session.
The EUR/CHF exchange rate has been going downwards since the middle of May when it reversed from the upper boundary of the long-term descending channel at 1.1440.
The Euro has been appreciating against the British Pound since the beginning of May when the currency pair reversed north from the monthly S1 at the 0.8513 mark.
The Canadian Dollar has been depreciating against the Swiss Franc after the exchange rate reversed south from the upper boundary of the long-term descending channel at 0.7620.
The GBP/CHF currency pair has been trading down since the beginning of May when the pair reversed south from the upper boundary of the long-term descending channel at 1.3350.
The EUR/SGD exchange rate has been trading up since the beginning of May. This movement has been bounded in the ascending channel.
The Australian Dollar has been depreciating against the Singapore Dollar since the middle of April when the currency pair reversed south from the upper boundary of the medium-term descending channel at 0.9745.