The Pound Sterling has appreciated about 328 base points against the Japanese Yen. The currency pair reached near the upper boundary of a descending channel pattern during yesterday's trading session.
The Australian Dollar has appreciated about 1.95% in value against the Japanese Yen since March 28. A breakout occurred through the upper boundary of a dominant descending channel pattern during Monday's trading session.
The New Zealand Dollar continued to appreciate against the Japanese Yen, however, the NZD/JPY currency pair could not surpass the psychological level at 76.50.
The Australian Dollar has been appreciating against the Canadian Dollar since the end of March. This movement has been bounded in the ascending channel.
The Brent crude oil price reached near the $70 mark on Wednesday. The increased was due to the US sanctions against Iran and Venezuela crude oil exports and the OPEC supply cuts.
The Light crude oil prices hit 2019 high level on Tuesday. The surge was attributed to the US sanctions against Iran and Venezuela crude oil exports and the OPEC supply cuts.
The USD/NOK currency pair reversed north from the lower boundary of the long-term ascending channel located circa 8.4650 at the end of March.
The USD/SEK exchange rate tried to surpass the resistance level at 9.5000, but reversed south and tested the support level at 9.1000.
The Pound Sterling has depreciated about 445 base points against the Canadian Dollar since last week's trading session. The currency pair breached the three SMAs during this time period.
The British Pound has continued its decline against the Australian Dollar in a junior ascending channel pattern. The currency pair tested the lower boundary of an ascending channel pattern at 1.8277.
The CHF/SGD currency pair reversed north from the lower boundary of the falling wedge pattern located circa 1.3425 at the beginning of March.
The Swiss Franc has been appreciating against the Japanese Yen since the middle of February when the exchange rate reversed from the support level—the Fibonacci 23.60% at 109.79.
The single European currency has lost about 1.55% in value against the Canadian Dollar since last week. The decline began after the currency pair tested the upper boundary of a junior descending channel pattern at 1.5211.
Downside risks have dominated the single European currency versus the Australian Dollar since last week's trading session. The currency pair lost about 1.40% in value during this time period.
The Euro continued to appreciate gradually against the Turkish Lira. However, the EUR/NZD exchange rate could not surpass the psychological level at 6.5500.
Recently, the EUR/NZD currency pair has reached the lower boundary of the long-term ascending channel at 1.6325.
The Ethereum cryptocurrency has continued to appreciate against the US Dollar. The 50-, 100– and 200-hour SMAs provided support for the pair at 140.4 during the previous trading session.
The BTC/USD exchange rate is currently trading in an ascending channel pattern. The pair tested the lower boundary of the uptrend pattern at 3913.0 during Monday's trading session.
The New Zealand Dollar has been depreciating against the Swiss Franc since the middle of March when the NZD/CHF currency pair reversed from the upper boundary of the short-term ascending channel at 0.6920.
The US Dollar has been depreciating against the Swiss Franc since the middle of March when the exchange rate reversed south from the strong resistance level at 1.0120.
The AUD/JPY currency pair has been dominated by bearish momentum since the beginning of December. The Australian Dollar lost about 1.83% in value against the Japanese Yen during last week's trading session.
The British Pound has been depreciating against the Japanese Yen in a medium-term ascending channel pattern since March 14. During this period, the exchange rate managed to reach its lower boundary of the channel pattern at 144.00.
The AUD/NZD currency pair continued to trade within the long-term descending channel. The rate also renewed 2018/2019 minimum located at 1.02805.
The British Pound has been depreciating gradually against the New Zealand Dollar since the beginning of March.