The Canadian Dollar has been constrained in a channel up against the Swiss Franc.
The New Zealand has appreciated substantially against the Canadian Dollar since early December, thus forming an ascending channel.
The common European currency recently jumped against the rest of the currency market. However, on the EUR/AUD pair the end of the surge has already occurred.
The US Dollar has continued to lose ground against the rest of the currencies. The USD/CNH pair is no exception to this event. However,
AUD/NZD was confined in an ascending channel for eight months.
Following a southern breakout of a three-month ascending channel, the Euro started to weaken against the Norwegian Krone, thus resulting in a formation of an opposing channel.
The common European currency has reached a dominant support line against the New Zealand Dollar. The encounter has resulted in a rebound.
At the end of the last year the Pound reached a zone near a 50.00% Fibonacci retracement level against the Swiss Franc. Namely, the currency exchange rate traded above the 1.3140 mark.
The US Dollar stopped the previously mapped short term surge against the Swiss Franc.
The GBP/JPY pair has once more broken various patterns and ignored various levels of significance due to a fundamental event.
The New Zealand Dollar is trading in two neat medium– and long-term channels.
During the past two-and-a-half months, the Euro has been trading in a channel down against the Canadian Dollar.
The EUR/GBP is a largely fundamentally affected currency exchange rate, as its larger moves and direction is set by the Brexit talks between the European Union and the United Kingdom.
The Euro against the Swiss Franc was sort of a mystery, when one looked to notice medium scale patterns. The situation has changed, as during the last review the medium scale was charted.
The US Dollar's movement against the Chinese Yuan during the past six weeks has been guided by a descending channel.
The Australian Dollar has appreciated substantially against the Swiss Franc since late November.
The common European currency has extended its decline against other currencies during the past few trading sessions
The US Dollar has continued to decline against the Russian ruble as expected. The currency exchange rate has reached the previously set target of 56.78.
EUR/SEK has been trading in a channel up since late 2016.
The Pound has been constrained by an ascending channel against the Aussie since mid-July.
The Swiss Franc was trading in a descending triangle against the Japanese Yen for seven months.
EUR/PLN has been constrained by a channel down since mid-September.
The prevailing pattern that has guided ZAR/JPY for the past two-and-a-half months is a channel up.
GBP/CAD was guided by an ascending channel since mid-August prior to breaching this pattern last Friday in response to solid Canadian employment data.