The New Zealand Dollar is trading against the Canadian Dollar in a medium term, rather narrow range ascending channel pattern.
The common European currency is surging against the Swedish Krona simultaneously in three ascending channel patterns.
The Australian Dollar is trading against the Swiss Franc in the short-term ascending channel.
The Hong Kong Dollar is trading against the Japanese Yen simultaneously in the medium-term descending and short-term ascending channels.
During the latest decline of the Greenback against the Singapore Dollar from one Fibonacci retracement level to another a falling wedge pattern was formed.
The US Dollar began to appreciate against the Norwegian Krona in the second half of May, when the pair encountered the lower trend line of a rather week long term descending channel.
The New Zealand Dollar is trading against the Swiss Franc simultaneously in the medium-term descending and short-term ascending channels.
The common European currency is trading against the Canadian Dollar simultaneously in the medium-term ascending and short-term descending channels.
The GBP/JPY pair represents the relationship between the safety of Japan and the turmoil of the United Kingdom.
The Pound is squeezed in against the US Dollar. From a technical perspective the squeeze in can also be seen.
The Canadian Dollar is trading against the Swiss Franc in the recently formed descending channel. Formation of the channel began after the currency exchange rate broke through the neckline of the preceding double top pattern.
The recent developments on the chart indicate the common European currency has formed a rising wedge pattern against the Norwegian Krone.
The Pound is losing value against the New Zealand Dollar in a large scale descending channel pattern. The channel formed in the aftermath of the pair breaking the previously active long term ascending channel.
The Australian Dollar is trading against the US Dollar simultaneously in two ascending channel patterns. However, both of these channels are a part of the currency exchange rates movements inside the borders
The American Dollar continues to depreciate against the South African Rand in the medium-term descending channel. The pattern started to form after the currency exchange rate broke through the bottom trend line of the preceding ascending channel near 13.5400.
The common European currency is trading against the British Pound in the short-term ascending channel.
Due to a recent rebound against the lower trend line of a long term ascending channel pattern the silver price has surged, as it has formed an ascending channel pattern. The commodity price is heading to the resistance, which is put up by the 61.80% Fibonacci retracement level of the 2016 high and 2017 low levels. The retracement level is
The recent developments on the chart for the yellow metal have pressured for a review of the situation. First of all it has to be noted that a hypothetical ascending channel pattern has been drawn by using as a reference point the recent rebound. The junior channel is a representation of the rebound against the lower trend line of a
The American Dollar is trading against the Mexican Peso in the short-term descending channel. The pattern started to form after the currency exchange rate leaved the double top formation in the downward direction. At the present moment, the pair has reached the bottom edge of the channel near 18.3698. It is difficult to say, whether the pattern will sustain, as
The Canadian Dollar is trading against the Hong Kong Dollar in the short term descending channel. The pattern started to form right after the currency exchange rate broke through the bottom trend line of the preceding ascending channel. At the present moment, the pair is trying to reach the upper edge of the formation, which is supported by the
The common European currency continues to trade against the Australian Dollar in the medium term ascending channel. For the moment, the currency exchange rate is trading slightly above the 61.8% Fibonacci retracement level at 1.5104, which serves as a strong support level that is backed up by the weekly PP at 1.5108. If the pair fails to pass
The New Zealand Dollar has formed a rising wedge pattern against the Canadian Dollar as a result of a rebound. The rebound occurred when the pair encountered the support of a large scale dominant ascending channel pattern. In addition, the pair has shown historically that it is affected by the significance Fibonacci retracement levels of the 2016 high and 2016
As a result of rebounding against a long term support line the common European currency has formed an ascending channel pattern against the Hong Kong Dollar, which is moving through one Fibonacci retracement level after another. Most recently the currency exchange rate has bounced off the resistance of the 23.60% Fibonacci retracement level at the 8.7740 level. The relevant Fibonacci
The common European currency is trading against the Norwegian Krone in the short term ascending channel. The pattern started to form after the currency exchange rate bounced off from the 61.8% Fibonacci retracement level at 9.3751. The Fibonacci retracement levels for this pair are measured by connecting the 2016 high and 2017 low levels. Currently, the pair is trading slightly