After reaching a three-year high of 1.6455 early in February, the common European currency began trading in a new wave down.
The US Dollar has been trading in a long-term descending channel against the Danish Krone in force since late 2016.
The US Dollar has been constrained by an ascending channel against the Swiss Franc since mid-February.
The movement of the AUD/JPY currency pair has been guided mainly by bears since late January. The bearish momentum stated after the pair tested the upper boundary of a dominant descending channel on January 22.
The common European currency has been strengthening against the Russian Ruble for the past few weeks.
USD/SGD has been trading in a triangle-like formation since early 2018.
The Canadian Dollar has been trading in a dominant channel down against the Japanese Yen. However, the currency pair has started retracing north in a newly-formed ascending channel.
The AUD/CAD exchange rate has been moving in a descending channel since mid-March. The currency pair tested the upper boundary of the junior descending channel on March 14 and followed by a period of decline.
The Canadian Dollar has gained 2.46% against the Swiss Franc during the past two weeks.
The movement of GBP/CAD has been guided by two ascending channels.
The single European currency has been trading in a downtrend channel against the Pound Sterling since the end of August 2017.
The GBP/AUD currency pair has been steered in several long and medium-term channel which has guided the price higher since 2017.
The common European currency continues to appreciate substantially against the Turkish Lira.
The USD/PLN currency pair has been trading near the senior channel for the past few weeks.
The British Pound has been constrained by several patterns against the New Zealand Dollar. The most important of which is the five-month medium-scale triangle which was formed on December 5.
After reaching the lower boundary of a dominant channel on March 1, the Pound Sterling began to appreciate substantially against the Swiss Franc. As a result, the pair reached a four-month high.
The US Dollar continues to strengthen against the Russian Ruble in an ascending channel.
The US Dollar has appreciated substantially against the Norwegian Krone this week.
The price movement for the AUD/JPY pair has been guided by a descending channel for the past three-month. This pattern has led the Australian Dollar to a one-year low.
The Pound Sterling has been constrained by an ascending channel against the Japanese Yen. The currency pair bounced off a six-month low on March 2 and has since been gaining strength.
The South African Rand has been trading in a channel down against the Japanese Yen during the past three months.
The New Zealand Dollar has lost 2.98% against its Canadian counterpart during the past two weeks.
The Canadian Dollar has depreciated substantially against the Japanese Yen since February. This bearish momentum has been steered by an eight-week descending channel.
The NZD/JPY exchange rate has been constrained by an eight-month descending channel against the Japanese Yen.