The Canadian Dollar has been trading in a channel down against the Swiss Franc since early September.
The common European currency recently hit a support medium support level against the Pound. The event resulted in a surge, which has been stopped by a cluster of resistance near the 0.8850 mark.
The Pound recently encountered a resistance line of a medium term horizontal channel pattern against the Japanese Yen.
GBP/CAD has been trading in a channel down since mid-August.
The Canadian Dollar has weakened against the Japanese Yen during the past two-and-a-half months, thus forming a descending channel.
The American Dollar is losing value against the Hong Kong Dollar in a minor descending channel that began to form once the currency rate made a rebound from the monthly R1 at 7.8187.
Staring from August the common European currency was losing value against the Hong Kong dollar in a descending channel.
A pattern that has dominated the SGD/JPY currency pair since late April is an ascending wedge.
A descending channel has confined NZD/CAD since late August.
The US Dollar has begun a rebound against the Russian Ruble. In general a large scale surge is to be expected as high as the 61.00 mark.
The common European currency recently revealed a large scale ascending channel pattern against the Russian Ruble.
The common European currency has been appreciating against the Norwegian Krone in an ascending since late September.
Following a steady increase in price since late August, GBP/CHF has entered a six-week period of consolidation.
Recent development on the USD/TRY currency exchange rate's charts have pressed for a need to review the currency pair.
Due to a request Dukascopy analytics are doing another review of the EUR/TRY pair. In general, the large scale situation has not changed at all. However, there are some notable developments.
The Swiss Franc was trading in a six-month falling wedge against the Singapore Dollar.
If looking at the pair's movement in the long term, the Australian Dollar has been trading in a descending channel against the Loonie since late February.
The two top risk off currencies have reached a critical level on the daily chart one against another. The pair recently bounced off the lower trend line a dominant pattern and moved to the resistance of a junior channel down.
The common European currency recently hit a dominant support level against the British Pound. However, that does not necessarily indicate of an upcoming surge.
USD/SGD is being dominated by several channels, the most important of which in the short term are three.
The Turkish Lira has been trading in a channel down against the Japanese Yen for the last three months.
The common European currency is still being supported by a medium term trend line against the Swiss Franc. However, recently there have been new developments.
The Australian Dollar recently surged to confirm a trend line against the New Zealand Dollar. Due to that reason market participants are finally able to draw the previously expected to reveal itself medium size pattern.
The common European currency has appreciated substantially against the Swedish Krona within the past three months.