The New Zealand Dollar has been trading in an ascending channel against the Canadian Dollar since mid-November.
The previously drawn channel down pattern of the Euro against the Australian Dollar has persisted. The currency exchange rate has reached the targeted area of support levels near the 1.53 mark.
The Pound has recently ended trading in the junior channel down pattern on the four hourly chart pattern against the New Zealand Dollar.
CAD/CHF has been moving in a channel down since early September.
The US Dollar has been confined in a channel down against the South African Rand during the past two months.
The ascending channel pattern described in the last review of the Euro against the Pound chart has done its job. The currency exchange rate has reached the upper trend line of a dominant pattern.
The US Dollar has revealed that there exists a larger scale pattern against the Polish Zloty. The patterns resistance has forced the pair into a decline, which has taken the form of a descending channel.
USD/CNH has been guided by a descending channel since mid-October.
The Australian Dollar has appreciated against the Singapore Dollar during the past three weeks.
The New Zealand Dollar has been making one attempt after another in an effort to pass a resistance level against the Japanese Yen.
The common European currency recently met with the resistance of a dominant pattern against the Norwegian Krona. The rate has clearly bounced off the resistance.
After the previously described false breakout to the downside on the EUR/CHF pair the currency pair was left in the background until the real breakout would occur.
The EUR/CAD has seen increases in demand for the pair on the Swiss Foreign Exchange. Due to that reason a review of the pair is being done.
The previously described pattern of the US Dollar against the Polish Zloty was broken, as the Buck started loosing strength during the approval of the US tax reform. Various adjustments to the charts have been made due to the developments.
The review of the USD/RUB currency pair is being done due to a massive fundamental change.
The common European currency has been appreciating steadily against the Swedish Krona since early September.
NZD/CHF has been trading in a long-term channel down since mid-June.
The situation on the USD/CHF got chaotic due to fundamental changes in the US economy taking place throughout the week. Namely, the Trump's tax reform is set to be on his table for signing very soon.
During the previous review of the British Pound against the Australian Dollar the main attention was focused at the fact that the pair was in a very narrow channel down pattern.
The Canadian Dollar has been trading in a channel up against the Japanese Yen during the past nine months.
AUD/CHF has been guided by a descending channel since early September.
On the Dukascopy chart for the common European currency against the Swiss Franc one can also see a failed forecast.
The previous forecast for the EUR/GBP pair was wrong. As it turns out, the medium term pattern's lower trend line was not actually broken.
Silver has been trading in a neat descending channel against the US Dollar for the past four months.