The bearish sentiment which began mid-August has guided the AUD/NZD currency pair lower. This downside momentum marks a 3.20% decrease in price during this long period of time.
The Australian Dollar has been trading in a two-week descending channel against the Japanese Yen. This decline started after the currency pair reversed from the upper boundary of a long-term channel down at 82.17.
Downside risks has been dominated the CAD/CHF currency pair since the rate reversed from the upper boundary of a long-term descending channel at 0.7720.
The Russian Ruble has been appreciating against the US Dollar after the currency pair reversed from the resistance level formed by a combination of the monthly PP and the Fibonacci 23.00% at 67.13. This movement has been bounded in a falling wedge.
A long-term descending channel has guided the AUD/CAD pair for the last four months. The given downside momentum has allowed the Australian Dollar to reach a new low level at 0.9105.
A one-month ascending channel has guided the Australian Dollar higher against the Swiss Franc. This upside wave started after the currency pair reversed from the lower boundary of the channel at 0.6874 on September 10.
The Singapore Dollar has been appreciating against the US Dollar after the exchange rate reversed from the upper boundary of a medium-term channel at 1.3870.
The Euro has been appreciating against the Swedish Krona after the currency pair reversed from the Fibonacci 38.20% retracement at 10.33. This movement has been bounded in a short-term ascending channel.
The Pound Sterling has been trading in a two-week ascending channel against the Canadian Dollar. The currency pair made a U-turn north from the lower boundary of the channel on October 3.
The British Pound has appreciated substantially against the Australian Dollar since the middle of August after the currency pair reversed from the lower boundary of an ascending channel pattern at 1.7290.
Downside risks has been dominated the USD/ZAR exchange rate since the pair reversed from the upper boundary of a medium-term ascending channel at 15.47.
Silver has been appreciating against the US Dollar after the currency pair reversed from the lower boundary of a medium-term descending channel located circa 14.00.
The NZD/CAD currency pair has been trading in a descending channel for the past few months now. This steady decrease in price range began when the rate reversed from the upper boundary of a long-term descending channel at 0.91 on June 22.
The New Zealand Dollar against the Swiss Franc has been moving in an ascending channel since the beginning of September. The currency pair bounced off its lower boundary of the channel on September 7 and followed by an upside wave.
The USD/TRY currency pair has been trading in a descending triangle since the end of August.
The Swiss Frank has been appreciating against the Singapore Dollar after the currency pair reversed from the lower boundary of a medium-term ascending channel at 1.3900.
The US Dollar has been appreciating against the Swiss Franc after the currency pair reversed from the lower boundary of a narrow ascending channel at 0.9550.
The common European currency has been trading in a long-term descending channel against the Swiss Franc. This movement began after the currency pair reversed from the upper boundary of the channel pattern at 1.1873 on May 15.
The US Dollar has been appreciating against the Danish Krone after the currency pair reversed from the lower boundary of a long-term ascending channel at 6.3295.
The Singapore Dollar has been depreciating against the European common currency since the end of September. This movement has been bounded in an ascending channel.
The single European currency has declined significantly against the Canadian Dollar since the end of September. This downside momentum began after the currency pair hit the upper boundary of a downtrend line at the 1.53 mark.
The common European currency has been appreciating against the Australian Dollar since the middle of August. This movement was bounded by a seven-week ascending channel pattern.
The Pound Sterling has been appreciating in a seven-week ascending channel against the Japanese Yen. This movement began on August 15 when the rate reversed from the lower boundary of the seven months channel at 139.71.
Light.CMD has been appreciating against the US Dollar since mid-August after the commodity bounced off its lower boundary of an ascending channel pattern at 64.55.