The USD/HKD exchange rate continued to trade within the medium-term ascending channel. Currently, the rate is testing the resistance level formed by the monthly R1 at 7.8445.
The USD/ZAR currency pair has been trading upwards since the end of July after it reversed north from the psychological level at 13.80. As apparent on the chart, the pair has been testing the ascending trend line located circa 15.50 since the beginning of last week.
The Australian Dollar has been appreciating slightly against the Swiss Franc since the AUD/CHF currency pair reversed north from the lower boundary of the falling wedge pattern at 0.6520.
The British Pound has been appreciating against the Swiss Franc since the middle of August when the GBP/USD exchange rate reversed north from the support level—the monthly S2 at 1.1726.
The ETH/USD pair has been trading south since the beginning of August when the exchange rate reversed from a resistance cluster formed by the weekly R2 and the monthly pivot point at 244.86. The pair has depreciated about 18.48% in value since August 6.
The BTC/USD exchange rate is currently trading in a triangle formation. The pair is trading near the bottom border of the pattern at 10178.8 and could be preparing for a breakout.
The EUR/NOK currency pair has been extending gains since the middle of July when it reversed north from the lower boundary of the rising wedge pattern at 9.60.
The US Dollar has been appreciating against the Norwegian Krone since the end of July when the USD/NOK exchange rate reversed north from the lower boundary of the long-term ascending channel at 8.5278.
The British Pound has appreciated about 2.25% in value against the Japanese Yen since August 12. The currency pair tested a resistance level formed by the 100– period simple moving average at 129.15.
The Australian Dollar is gradually edging higher against the Japanese Yen. The currency pair has appreciated by 2.03% in value since August 8.
On August 6, the USD/CNH currency pair reached the 2018/2019 maximum at the 7.1320 mark.
Silver has been appreciating against the US Dollar since the beginning of June after the XAG/USD exchange rate reversed from the psychological level at 14.50.
Brent Crude, the international benchmark price for purchases of oil, rose above $60 a barrel for the first time in over a week on Wednesday. The surge was attributed to a bigger-than-expected decline in the US crude inventories.
The Light crude oil prices have risen by 12.05% in value against the US Dollar since August 7. The pair is gradually edging higher in a junior ascending channel pattern.
The Euro has been appreciating against the Swedish Krona since the end of July when the EUR/SEK exchange rate reversed north from the lower boundary of the rising wedge pattern at 10.50.
The US Dollar has been appreciating against the Swedish krona since the beginning of July after the USD/SEK currency pair reversed north from the lower boundary of the long-term ascending channel at 9.2520.
During the past week, the British Pound has appreciated about 1.91% in value against the Canadian Dollar. A breakout occurred through the upper boundary of a descending channel pattern.
The Pound Sterling has depreciated about 2.42% in value against the Australian Dollar since August 7. The currency pair tested the lower boundary of an ascending channel pattern at 1.7700 on August 12.
The GBP/NZD exchange rate has been trading upwards since the end of July after it reversed north from the descending trend line at the 1.8280 mark.
The Euro has been appreciating against the New Zealand since the end of July when the EUR/NZD currency pair reversed north from the lower boundary of the rising wedge pattern at 1.6535.
The common European currency has edged lower about 1.67% in value against the Canadian Dollar since August 7. The exchange rate is currently testing a support level formed by the 200– hour simple moving average at 1.4723.
During the past two weeks, the Eurozone single currency has depreciated about 2.32% in value against the Australian Dollar. The currency pair breached the lower boundary of an ascending channel pattern at 1.6478 during last week's trading sessions.
The Euro has been appreciating against the Polish Zloty since the beginning of July after the EUR/PLV exchange rate reversed north from the lower boundary of the long-term descending channel at 4.2390.
The Polish Zloty has been depreciating against the US Dollar since the beginning of July after the USD/PLN currency pair reversed north from the lower boundary of the long-term ascending channel at 3.7300.