The Australian Dollar has declined by 1.44% against the New Zealand Dollar during the past two weeks. However, a breakout occurred through the upper boundary of a descending channel pattern at 1.0720 on May 29.
The common European currency surged by 1.85% against the New Zealand Dollar during last week's trading sessions. The currency pair tested the 200– period simple moving average at 1.7945 on May 31.
The CHF/SGD exchange rate has been trading upwards within a rising wedge pattern since the beginning of May. The rate has already surpassed the 1.4650 mark.
The AUD/CHF currency pair has been trading within a rising wedge pattern since the beginning of May. The pair has already exceeded the 0.6350 level.
The Swiss Franc has edged higher by 290 pips or 2.67% against the Japanese Yen since May 7. The currency pair breached the 111.65 area during yesterday's trading sessions.
The Canadian Dollar has surged by 3.56% against the Swiss Franc since early May. The currency pair tested the upper boundary of an ascending channel pattern at 0.7068 on May 27.
The USD/CNH exchange rate has been trading within a rising wedge pattern since the beginning of May.
The USD/THB currency pair has been trading within a falling wedge pattern since the beginning of May. The pair has already declined below the 32.00 level.
The New Zealand Dollar is currently trading in a narrow ascending channel pattern against the Japanese Yen. The Currency pair has edged higher by 5.46% since May 18.
The New Zealand Dollar has surged by 2.66% against the Canadian Dollar since May 22. The currency pair breached the 50-, 100– and 200– hour SMAs during this period.
The NZD/CHF exchange rate continued to extend gains gradually. The rate has already exceeded the 0.5950 level.
The British Pound has been depreciating against the New Zealand Dollar since the middle of April after the GBP/NZD currency pair failed to exceed the 2.1000 level.
The US crude oil has edged higher by 235.61% since April 28. The US sweet crude vs the US Dollar breached the upper boundary of a long-term descending channel pattern on May 22.
The benchmark for international crude oil price Brent has surged by 106.47% since the end of April. The crude oil Brent tested the upper boundary of a long-term descending channel at 37.05 on May 26.
The HKD/JPY exchange rate has been trading within a rising wedge pattern since the beginning of May. Currently, the rate is testing the lower pattern line.
The ZAR/JPY currency pair has been trading upwards since the beginning of May, after the pair reversed north from the psychological level at 5.60.
The GBP/CAD exchange rate has declined by 3.43% since the beginning of May. The currency pair tested the lower boundary of a descending channel pattern at 1.7000 on May 19.
Since the beginning of May, the British Pound has declined by 4.84% against the Australian Dollar. The currency pair was pressured lower by a long-term descending channel pattern.
The British Pound has been trading downwards against the Swiss Krone within a falling wedge pattern since the end of April.
The EUR/CHF currency pair failed to decline below the monthly S1 at 1.0518. Last Monday, the pair skyrocketed to the monthly R1 at 1.0632.
The Eurozone single currency has surged by 1.63% against the Canadian Dollar since May 11. The currency pair breached the upper boundary of a descending channel pattern at 1.5249 during last week's trading sessions.
The common European currency has been trading sideways against the Australian Dollar since May 12. The currency pair traded between the range of 1.6866/1.6636 during the past two weeks.
The US Dollar has been depreciating against the Swedish Krona within a falling wedge pattern since the beginning of April. The USD/SEK currency pair has already declined below 9.8000.
The EUR/SEK currency pair has been trading within a falling wedge pattern since the beginning of May.