The Canadian Dollar has been depreciating against the Japanese Yen after the currency pair hit the upper boundary of a long-term ascending channel pattern at 89.00. This decline could be considered as retracement from the upper border of the dominant descending channel.
The Australian Dollar has been appreciating in a three-week ascending channel against the Japanese Yen. This movement started on October 26 when the pair reversed from a support level at 78.14.
The previous forecast worked, however, the EUR/HUF exchange rate has not reached the Fibonacci 50.00% retracement at 320.26.
The US Dollar has been depreciating against the South African Rand gradually since the beginning of August. This movement has been bounded in a falling wedge.
The Canadian Dollar has been trading in a triangle-like formation pattern against the Swiss Franc September. The currency pair re-tested the upper boundary of the pattern at 0.7680 on November 5.
The Australian Dollar has been moving in a descending channel against the New Zealand Dollar since August 10 after the currency pair hit the upper boundary of a downtrend line at 1.1150. The Aussie has lost about 5% of its values since the decline started.
The US Dollar has been appreciating gradually against the Israeli Shekel since the pair reversed from the lower boundary of a long-term ascending channel at 3.5780.
The USD/SGD currency pair has been trading in the medium-term ascending channel since the end of June. The rate reversed from the lower channel line on 7 November.
The Australian Dollar has continued to trade in an ascending channel pattern against the Swiss Franc. This pattern was formed on September 17 and has guided the currency pair towards August 10 swing high of 0.7398 region.
The Australian Dollar has increased its trading range significantly against the Canadian Dollar. The bullish sentiment began after the pair reversed from a low level of 0.9100 on October 10.
The Australian Dollar has been gaining strength against the Japanese Yen after the currency pair bounced off the bottom border of an ascending channel pattern at 78.50 on October 26.
The British Pound has been appreciating against the Japanese Yen after the currency pair reversed from the lower boundary of an ascending channel at 143.00 on October 31.
A long-term descending channel pattern has been dominating the common European currency versus the Canadian Dollar for the past few months. This decline began after the currency pair made a U-turn from the upper boundary of a dominant descending channel at 1.6148 on March 21.
Downside momentum has been dominating the EUR/AUD currency pair since the rate touched the upper boundary of a descending channel pattern at 1.6350 on October 11.
The Pound Sterling has been appreciating against the Canadian Dollar since the end of October after the pair bounced off its bottom border of an ascending channel at 1.6650. However, this appreciating was halt by a resistance level formed by the upper boundary of a dominant descending channel at 1.7250.
The British Pound has lost about 4.61% of its values against the Australian Dollar since the beginning of October. This decline began after the currency pair reversed from a high mark of 1.8734 on October 10.
The US Dollar has been depreciating against the Turkish Lira since the end of August. This movement has been bounded in a falling wedge.
Silver has been appreciating gradually against the US Dollar since the pair reversed from the lower boundary of a long-term descending channel located circa 14.10.
Downside risks have dominated the CHF/SGD currency pair since the end of September, and the pair breached a medium-term ascending channel north at the middle of October.
The Euro has been depreciating against the Swedish Krona since the end of August. This movement has been bounded in a falling wedge.
The Canadian Dollar is trading in an ascending triangle pattern against the Swiss Franc. The currency pair bounced off its lower boundary at 0.7320 on September 8 and reached the upper border a few days ago.
The British Pound has increased its trading range significantly against the Swiss Franc. This movement has been bounced by a two-month ascending channel pattern.
The Euro has been depreciating against the Singapore Dollar since the end of September when the pair reversed from the upper boundary of a long-term channel at 1.6080.
The Euro has been appreciating against the Norwegian Krone since the the middle of October. This movement has been bounded in an ascending channel.