The British Pound depreciated about 233 base points against the Canadian Dollar during last week's trading session. The currency pair breached the 50-, 100– and 200-hour SMAs during this period.
During last week's trading sessions, the British Pound depreciated about 247 base points against the Australian Dollar. The decline was stopped by the 50-hour simple moving average at 1.8550.
The EUR/CZK exchange rate continued to trade within the symmetrical triangle pattern.
The EUR/HUF currency pair has been testing the upper boundary of the long-term descending channel located circa 324.70 since the beginning of May.
The common European currency appreciated about 107 base points against the Canadian Dollar during last week's trading session. The exchange rate tested a resistance cluster formed by the combination of the weekly and the monthly pivot points at 1.5161 on Friday.
During last week's trading sessions, the single European currency appreciated about 1.34% in value against the Australian Dollar. The 50-hour simple moving average guided the currency pair upward.
The USD/NOK exchange rate has been trading up since the end of April since the rate reversed north from the lower boundary of the long-term ascending channel at 8.5000.
The US Dollar has been appreciating against the Swedish Krona since the end of April when the currency pair reversed north from the Fibonacci 0.00% retracement at 9.2487.
The ETH/USD currency pair has appreciated about 22.40% in value since the end of April. The pair tested a resistance level formed by the weekly R2 at 183.7 on May 6.
The Bitcoin cryptocurrency has appreciated about 23.74% in value against the US Dollar. The currency pair tested the $6400 mark during the Asian trading session on Friday.
The USD/RUB currency pair breached the falling wedge pattern at the end of April and reached the psychological level at the 65.60 mark.
The Russian Ruble continued to appreciate against the European Common Currency within the medium-term descending channel.
Since May 3, the British Pound has depreciated about 357 base points against the Japanese Yen. The pair was pressure south by the 50-, 100– and 200-hour simple moving averages.
The Australian Dollar has depreciated about 405 base points against the Japanese Yen since the middle of April. The currency pair has revealed a new junior descending channel pattern.
The Brent crude oil prices have lost about 662 base points since the end of April. The commodity has revealed a new junior descending channel pattern.
The Light crude oil prices have depreciated about 652 base points since April 25. The commodity breached the 50-, 100– and 200-hour simple moving averages during this time period.
The Australian Dollar continued to appreciate gradually against the Swiss Franc within the medium-term ascending channel.
At the end of last week, the EUR/NOK currency pair reached the upper boundary of the medium-term descending channel at 9.7938.
Upside risks have dominated the British Pound versus the Canadian Dollar since the middle of April. The currency pair has appreciated about 400 base points during the last three weeks.
The British Pound has been appreciating in an ascending channel pattern against the Australian Dollar since the middle of April. The currency pair tested the upper boundary of the channel pattern at 1.8876 during Monday's trading session.
The single European currency versus the Canadian Dollar has been bouncing between the upper and lower bands of a triangle pattern.
The common European currency has appreciated about 1.62% in value against the Australian Dollar. The currency pair breached a resistance cluster formed by the combination of the weekly and the monthly PPs at 1.6029 during the morning hours of Monday's trading session.
The British Pound has been appreciating against the New Zealand Dollar since the middle of April, when the exchange rate reversed from the Fibonacci 38.20% retracement at 1.9298.
The EUR/NZD currency pair has been trading up since the end of March, when the pair reversed from the lower boundary of the long-term ascending channel at the 1.6330 mark.