The AUD/SGD currency pair has been trading upwards within an ascending channel since the middle of July.
The light crude oil price has edged higher by 4.41% since the middle of August. The commodity breached the $43.50 level during last week's trading sessions.
The international benchmark for crude oil price Brent has surged by 6.30% since August 24. The 50– and 100- period simple moving averages provided support for the pair during last week's trading sessions.
The ZAR/JPY exchange rate has been trading upwards within an ascending channel since the beginning of August.
Since the beginning of August, the USD/ZAR currency pair has been trading downwards, guided by a descending trend line.
The British Pound has declined by 1.71% against the Australian Dollar since August 21. The currency pair breached the 50-, 100– and 200– period SMAs during the past two weeks.
The British Pound has surged by 1.54% against the Canadian Dollar since August 24. The currency pair breached the 50– and 100– hour SMAs during the past two weeks.
During August, the NZD/CAD exchange rate dropped to the 0.8600 level and reversed north. Note that since the beginning of August, the rate has been guided by a descending trend line.
As apparent on the chart, the NZD/JPY currency pair failed to decline below the 69.00 level. The pair has been recovering since the middle of August.
The Eurozone single currency has plunged by 2.36 against the Australian Dollar since the past two weeks. The EUR/AUD currency pair breached the 1.6160 level on August 28.
The common European currency has declined by 2.92% against the Canadian Dollar since the beginning of August. The currency pair tested the 1.5500 level on August 27.
The New Zealand Dollar has surged by 227 pips or 3.30% against the Japanese Yen since last week's trading sessions. A breakout occurred through the upper boundary of a descending channel pattern on August 26.
The New Zealand Dollar surged by 146 pips or 1.71% against the Canadian Dollar during this week's trading sessions. The currency pair tested the 100– period simple moving average on August 27.
The EUR/HUF exchange rate has been trading upwards since the beginning of August after it reversed from the psychological level at 344.00.
The EUR/PLN currency pair has been trading within a descending channel since the end of July.
The Swiss Franc declined by 177 pips or 1.50% against the Japanese Yen during last week's trading sessions. The CHF/JPY currency pair breached the 116.00 level last week.
The Canadian Dollar has surged by 1.73% against the Swiss Franc since the beginning of August. The currency pair breached the 0.6920 level during this week's trading sessions.
The USD/PLN exchange rate continued to trade within the short-term descending channel.
The USD/TRY currency pair has been trading upwards within an ascending channel since the beginning of August.
The UK100, which measures the best 100 performing shares from the London Stock Exchange, has declined by 5.08% since the last two weeks. The UK100 index tested the 5950.00 level on August 21.
The dollar index, which measures the US Dollar against a basket of major currencies, has been declining in a descending channel pattern during the past six months. The DXY tested the 92.00 mark last week.
The EUR/DKK exchange rate has been trading within a falling wedge pattern since the beginning of August.
The USD/DKK currency pair has been trading downwards within a descending channel since the end of July.
The single European currency has been declining in a descending channel pattern against the British Pound since the end of July. The currency pair declined by 1.36% during last week's trading sessions.