The Swiss Franc appreciated by 2.31% in value against the Japanese Yen during last week's trading sessions. The currency pair tested the monthly resistance level at 114.23 on February 20.
Since February 20, the Canadian Dollar has declined by 3.12% in value against the Swiss Franc. The currency pair tested the lower boundary of a descending channel pattern at 0.7209 during the morning hours of Friday's trading session.
The UK100, which measures the best 100 performing shares from the London Stock Exchange, has been pressured by bearish momentum. A breakout occurred through the lower boundary of a descending channel pattern at 7099.2 on February 25.
Since the beginning of February, the dollar index, which measures the US Dollar against a basket of major currencies, has edged higher by 2.65% in value. The currency pair hit a new high at 99.81 on February 20.
The GBP/CHF exchange rate has been trading upwards within the ascending channel since the end of January. Currently, the rate is testing the lower channel line at 1.2610.
The EUR/CHF currency pair continued to trade within the falling wedge pattern (4H time-frame chart). The pair has already declined below 1.0700.
Downside risks have continued to pressure the New Zealand Dollar lower against the Japanese Yen. A breakout occurred through the lower boundary of an ascending channel pattern on February 25.
The New Zealand Dollar has continued to edge lower against the Canadian Dollar. The NZD/CAD currency pair has declined by 2.93% in value since last week's trading sessions.
The HKD/JPY exchange rate continued to trade upwards, followed by the ascending trend line. Currently, the rate is trading near 14.20.
During the first three weeks of February, the ZAR/JPY currency pair consolidated within the symmetrical triangle pattern. During today's morning, the pair broke lower pattern line at 7.30.
Since the beginning of February, the common European currency has declined by 2.81% in value against the British Pound. The currency pair tested December swing low at 0.8285 on February 18.
The US Dollar has been edging higher in a junior ascending channel against the Swiss Franc since the beginning of February. The currency pair has surged by 2.25% in value during this period.
The AUD/CHF exchange rate has been trading upwards within the ascending channel since the beginning of February. Currently, the rate is testing the lower channel line at 0.6460.
The New Zealand Dollar has been depreciating against the Swiss Franc since the end of December. This movement has been bounded within the descending channel.
The single European currency has been gaining strength against the New Zealand Dollar since February 13. The currency pair appreciated by 2.18% in value during this period.
The Australian Dollar has been gradually edging higher in an ascending channel pattern against the New Zealand Dollar since last week's trading sessions. The currency pair tested the upper boundary of the channel pattern at 1.0505 on February 11.
The EUR/SEK exchange rate has been trading downwards since the beginning of February when it failed to exceed the 10.70 level. Currently, the rate is trading at 10.56.
The USD/SEK currency pair continued to trade within the rising wedge pattern (4H time-frame chart). As apparent on the chart, the pair has already exceeded the 9.6900 level.
The Ethereum cryptocurrency has been trading bullish against the US Dollar since the beginning of February. The exchange rate has surged by 57.28% in value during this period.
The Bitcoin cryptocurrency has declined by 10.14% in value against the US Dollar since last week's trading sessions. The decline began after the currency pair tested the $10500 mark on February 12.
The US Dollar has been appreciating against the Norwegian Krone since the beginning of February within the ascending channel.
The Euro has been depreciating against the Norwegian Krone since the beginning of February. This movement has been bounded within the falling wedge pattern.
The British Pound has surged by 2.22% in value against the Japanese Yen since the beginning of February. The currency pair breached the 50-, 100– and 200– hour SMAs during this period.
Since the beginning of February, the Australian Dollar has surged by 2.58% in value against the Japanese Yen. The currency pair tested the 200– period simple moving average on February 19.