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.
The UK100, which measures the best 100 performing stocks from the UK LSE, has surged by 6.44% since last week's trading sessions. The index breached the 6007.5 on May 18.
The dollar index, which measures the US Dollar against a basket of major currencies, has declined by 141 basis points or 1.41% since May 14. The currency pair breached the 50-, 100– and 200– period SMAs during this week's trading sessions.
The USD/NOK exchange rate has been trading downwards within a falling wedge pattern since the end of April.
The EUR/NOK currency pair has been trading within a falling wedge pattern since the end of April.
The New Zealand Dollar has edged higher by 188 pips or 2.25% against the Canadian Dollar since this week's trading sessions. The currency pair breached the 50-, 100– and 200– period SMAs on May 19.
The New Zealand Dollar has surged by 261 pips or 4.11% against the Japanese Yen since this week's trading sessions. The currency pair tested the upper boundary of a long-term descending channel pattern at 66.10 on May 20.
The EUR/CZK exchange rate has been trading within a rising wedge pattern since the middle of April.
As apparent on the chart, the EUR/TRY currency pair failed to surpass the psychological level at 7.8000. The pair has been trading downwards since the beginning of May.
The US Dollar has surged by 1.45% against the Swiss Franc since May 1. However, the USD/CHF currency pair has been trading sideways since this week's trading sessions.
The common European currency has surged by 3.05% against the British Pound since the beginning of May. The currency pair tested the upper boundary of an ascending channel pattern at 0.8953 on May 18.
The EUR/SGD exchange rate has been trading sideways in the 1.5300/1.5570 range since the end of April.
The AUD/SGD currency pair has been trading within a rising wedge pattern since the end of April.
The USD/PLN exchange rate has been trading within a rising wedge pattern since the middle of April. The rate has already surpassed the 4.2000 level.
The USD/TRY currency pair failed to exceed the psychological level at 7.2500. Since the beginning of May, the pair has been trading downwards.
The common European currency has surged by 3.63% against the New Zealand Dollar since May 10. A breakout occurred through the upper boundary of a descending channel pattern during last week's trading sessions.
The Australian Dollar has surged by 2.21% against the New Zealand Dollar since last week's trading sessions. The 50– and 100– hour SMAs pressured the currency pair higher during this short period.