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.
USD/SEK had been guided by a channel down valid since November, 2016.
The Australian Dollar is about to touch a dominant resistance line against the Japanese Yen. Most likely the move will result in a bounce off to the downside. If that scenario occurs, the latter risk management during the decline should be focused around three areas.
The GBP/CAD pair was last reviewed at the start of December, when it rebounded against the lower trend line of a long term support line.
The US Dollar recently plummeted against the South African Rand.
Some development have taken place on the EUR/AUD currency exchange rate. Due to that reason an update to the situation is being done.
All signs on the USD/HKD chart indicate that the pair is set to clearly continue the long term surge of 2017.
USD/SGD is one of the slow moving pairs, whose review needs to be done by looking at the longer term.
Recent development have caused trouble on the CHF/JPY charts. In general a breakout from a triangle pattern was expected to the upside, as the dominant pattern has the form of an ascending channel.
The previous review of the GBP/AUD currency pair concentrated on the breakout of the pair to the downside from a triangle pattern. In general, the decline has continued. Moreover, the pair is set to extend the downfall.