The common European currency recently passed a significant cluster of resistance against the Canadian Dollar.
The common European currency has reached a critical point against the Swiss Franc. The point can be best observed by drawing patterns on the weekly chart and examining them on the daily chart.
The Canadian Dollar is depreciating against the Japanese Yen in weekly descending channel, which started to form shortly after the currency exchange rate left the double top formation.
The Australian Dollar is losing value against the Japanese Yen in a two weeks long descending channels.
The US Dollar is regaining ground against the Swiss Franc in a channel up pattern.
Today, on Thursday, August 3, the Euro gained more than 70 base points against the British Pound in less than an hour.
The common European currency is trading against the Australian Dollar in a rising wedge formation.
The Canadian Dollar is appreciating against the Swiss Franc in the medium-term ascending channel.
The common European currency recently encountered a dominant resistance line against the Japanese Yen.
Although the headline states that the Pound is trading in an ascending channel pattern against the Japanese Yen, the rate is signaling that it is about to decline.
The Australian Dollar is gradually losing value against the New Zealand Dollar in a long-term descending triangle that started to form in January.
The American Dollar is strengthening against the South African Rand in a short-term ascending channel.
The Pound has reached an important technical cross point against the Swiss Franc.
The Swiss Franc is depreciating against the Japanese Yen in a descending channel pattern on a small scale.
The American Dollar is losing value against the Turkish Lira simultaneously in short-term and medium-term descending channels.
The common European currency is trading against the Polish Zloty in a short-term symmetrical triangle.
The common European currency is surging against the Ruble in an ascending channel pattern.
The US Dollar is gaining ground against the Russian Ruble in an ascending channel pattern.
The New Zealand Dollar is appreciating against the Japanese Yen in a one month long ascending channel, which started to form after the substantial advance of the Kiwi in the first month of summer.
The American Dollar is losing value against the Chinese Yuan in a two week long descending channel.
The common European currency is advancing against the Australian Dollar in a recently formed ascending triangle.
The Australian Dollar has been appreciating gradually against the Japanese Yen in an ascending channel valid since late May.
The Hong Kong Dollar has weakened considerably against the Japanese Yen.
The American Dollar is losing value against the Polish Zloty in a pattern that has the features of a descending triangle.