The Australian Dollar has been guided by three months ascending channel against the New Zealand Dollar. This channel was formed on April 18 and has since driven the currency pair higher.
The Australian Dollar has been driven by strong upside momentum against the Japanese Yen since the end of June and thus rose by 322 base points or 3.99%. This bullish sentiment started after the currency pair bounced off the lower boundary of an ascending channel.
The common European currency has been trading in a long-term descending wedge against the Norwegian Krone.
The USD/RUB currency pair is trading in an ascending triangle formed early in April.
The Swiss Franc movement against the Japanese Yen has been constrained by two months ascending channel. The exchange rate bounced off the bottom boundary of a junior ascending channel on May 10 and has since hit a four-month high level near the 113.03 mark.
The AUD/CHF currency pair has been trading in a triangle-like formation since early June. Its upper boundary of a downtrend line was formed on June 7 while the bottom border was formed on July 3.
Upside risks prevailed in the market at the beginning of July, thus sending the US Dollar 3.10% higher against the Swedish Krona.
The Swiss Franc is appreciating against the Singapore Dollar in a short term ascending channel.
Indicator 4H 1D 1W MACD (12; 26; 9) Buy Sell Sell RSI (14) Neutral Neutral Neutral Stochastic (5; 3) Neutral Neutral Neutral Alligator (13; 8; 5) Buy Sell
The CAD/CHF currency pair has been trading in a descending channel during the past two months. During this period, the exchange rate tested the upper boundary of the prevailing channel twice.
The dominant pattern which has guided the up-ward movement of the EUR/GBP exchange rate for the last four weeks is an ascending channel.
The US Dollar has gained 7.10% against the Chinese Yuan since mid-June.
Upside risks have dominated the EUR/NZD currency pair, thus allowing the single European currency to climbed 797 base points or 4.81% against the New Zealand Dollar since June 15.
The common European currency has been guided by two opposite channels against the Swiss Franc. The most important of the pattern is the two months descending channel formed on May 8.
The common European currency continues to strengthen against the Turkish Lira in the long term.
The AUD/SGD currency pair has been trading in an ascending channel since mid-July.
The common European currency has been gradually appreciating against the Australian Dollar since it bounced off the lower boundary of a junior channel at 1.5306 early June.
The movement of the EUR/CAD currency pair has been guided by a junior ascending channel. The pair tested the upper boundary of the channel on June 22 and has since made a temporary retracement down.
The US Dollar reached a new ten-month high against the Polish Zloty at 3.80 during the first trading days in July.
EUR/SEK has been appreciating since mid-June when the rate reversed from the senior channel.
The bullish momentum which began mid-June has driven the Australian Dollar higher against the New Zealand Dollar. This mark 3.10% increased in price range during this short period.
The movement of the US Dollar against the Swiss Franc has been constrained by two ascending channels. The most recent channel was formed on July 9 and has guided the currency pair higher.
The TRY/JPY exchange rate has been consolidating in the 22.6770/24.6465 range since the beginning of June.
The US Dollar has gained 3.30% against the Singapore Dollar during the past few weeks.