The Bitcoin cryptocurrency continued to trade below the $60,000 mark since last week's trading sessions.
The common European currency has edged lower by 120 pips or 1.38% against the British Pound since May 1. The currency pair breached the 50– and 200– period SMAs during this week's trading sessions.
The US Dollar has declined by 171 pips or 1.87% against the Swiss Franc since last week's trading sessions. The currency pair was pressured lower by the 50– period simple moving average.
The common European currency declined by 1.56% against the New Zealand Dollar during last week's trading sessions. The currency pair breached the 50– and 200– period SMAs last week.
The Australian Dollar declined by 101 pips or 0.93% against the New Zealand Dollar last week. The 200– period simple moving average provided resistance for the currency pair during last week's trading sessions.
Upside risks have continued to pressure the Canadian Dollar higher against the Japanese Yen. The CAD/JPY currency pair has surged by 4.93% since the middle of April.
The Australian Dollar has edged higher by 2.17% against the Japanese Yen since April 25. The currency pair tested the 85.00 level during the Asian session on Friday.
The Brent crude oil has surged by 7.94% against the US Dollar since last week's trading sessions. The commodity tested the $70 mark during this week.
The Light crude oil price has surged by 9.27% since April 26. The commodity hit a two-month high at 66.61 during this week's trading sessions.
The Ethereum cryptocurrency has soared by 62.04% against the US Dollar since last week's trading sessions. A breakout occurred through the upper boundary of an ascending channel pattern this week.
The Bitcoin cryptocurrency bounced off the support level at 47356.0 during last week's trading sessions. As a result, the world's largest cryptocurrency by market cap surged by 21.36%.
The Pound Sterling has declined by 3.50% against the Canadian Dollar since April 21. The currency pair tested the lower line of a descending channel pattern at 1.6963 on April 30.
The British Pound has surged by 1.45% against the Australian Dollar since last week's trading sessions. The currency pair breached the 50– and 200– period SMAs this week.
The Eurozone single currency has declined by 2.75% against the Canadian Dollar since April 20. The currency pair breached the 50– and 200– period SMAs last week.
The common European currency surged by 0.85% against the Australian Dollar during last week's trading sessions. The currency pair bounced off the 200– period simple moving average last week.
The Ethereum cryptocurrency has edged higher by 35.39% against the US Dollar since last week's trading sessions. The world's second-largest crypto by market cap booked a new all-time high at the $2700 mark on April 27.
The Bitcoin plummeted by 24.67% against the US Dollar during last week's trading sessions. The world's biggest cryptocurrency by market cap found support at the 47,000.0 level on April 27.
The Canadian Dollar has surged by 1.43% against the Swiss Franc since this week's trading sessions. The currency pair breached the 50– period simple moving average at 0.7332 on April 22.
The New Zealand Dollar has declined by 1.29% against the Japanese Yen since this week's trading sessions. The currency pair breached the 50– and 200– period SMAs on April 22.
The Canadian Dollar has declined by 3.15% against the Japanese Yen since the beginning of April. The currency pair breached the 50– and 200– period SMAs during last week's trading sessions.
The AUD/JPY currency pair has continued to trade between the range of 83.00/84.50 levels since the beginning of April. The Australian Dollar surged by 1.54% against the Japanese Yen during last week's trading sessions.
The US crude oil price has surged by 10.65% since the beginning of April. The commodity tested the $64.50 mark during this week's trading sessions.
The international benchmark for crude oil price Brent has continued to edge higher. The commodity has surged by 10.97% since the beginning of April.
In the aftermath of reaching above the 2,500.00 level, the ETH/USD exchange rate started a retracement back down. It can be observed on the daily candle chart that the rate's declines from new all-time-high levels occur in a similar matter. Namely, the price slightly declines below the 50-day simple moving average before resuming its 2021 surge. A potential decline could look