ZAR/JPY's movement during the past three weeks has been bounded by a descending channel.
Upside momentum has driven the SGD/JPY exchange rate since mid March.
During the past three weeks, the New Zealand Dollar has depreciated substantially against the Japanese Yen.
The British Pound has been constrained by several patterns against the Japanese Yen. The most important of which is a junior descending channel.
EUR/TRY was dominated by bearish momentum following a test of the senior channel near 5.15 on April 11.
Strong upside potential has been guiding USD/SEK since mid-April.
The Loonie has been moving in a descending channel against the Japanese yen since January. The exchange rate neat movement in this downtrend was interrupted in March when a U-turn north occurred after reaching a support level near the 80.06 mark.
The bullish momentum that began mid-February has guided the USD/CHF exchange rate towards the upper boundary of a dominant ascending channel.
After reaching a new many-year high against the Turkish Lira three weeks ago, the US Dollar began depreciating in a short-term channel down.
The Euro has been appreciating against the Swiss Franc in a two-month ascending channel.
The Swiss Franc has depreciated substantially against the Japanese Yen during the past one month. This bearish movement has been stranded in a three-month descending pattern whose upper boundary was hit on April 24.
The Pound Sterling has diminished in trading range against the Swiss Franc during the past two-week, thus forming a new descending channel. The lower boundary of this pattern was tested yesterday.
Upside risks have driven the USD/DKK exchange rate for the past two weeks.
The common European currency was depreciating substantially against the Norwegian Krone for several weeks prior to reversing from the senior channel circa 9.50 mid-March and forming a new up-wave.
The Australian Dollar has been steered by a long-term descending channel against the New Zealand Dollar.
The single European currency is trading in several channels at the same time against the British Pound.
Following a reversal from the senior channel at 1.58 on April 16, the EUR/AUD exchange rate initiated a new wave up.
The British Sterling has been strengthening against the New Zealand Dollar since mid-April.
The Australian Dollar has been trading in a channel down against the Japanese Yen since January after the pair reached the upper boundary of a dominant channel. However, a new junior ascending pattern has been spotted which was formed on March 23.
The Swiss Franc has been driven by a strong downside movement against the Singapore Dollar since February 9 and thus fell by 5.69%. This bearish momentum started after the currency pair hit the upper boundary of a junior pattern.
The US Dollar has strengthened against the South African Rand since late March.
EUR/RUB shot up considerably two weeks ago when it appreciated 12.98% in the course of three trading sessions.
The New Zealand Dollar has been trading in an ascending channel against the Japanese Yen since late March. However, after the currency pair hit the upper boundary of a junior channel, the pair began to decline.
The Pound Sterling has been trading in several ascending patterns against the Japanese Yen. The most important of which is the newly drawn junior channel formed on April 22.