Recently the Pound rebounded against a support line of a long term channel up pattern against the New Zealand Dollar. However, the resulting surge has already stopped, as it has met a junior resistance.
After holding out for a rather long period of time the previously drawn medium scale speculative ascending pattern on the EUR/AUD currency pair was broken. Due to that reason and the high demand for this exotic pair another review is being done.
The US Dollar has been appreciating against the Swedish Krona in an ascending channel since late August.
The common European currency has been appreciating against the Loonie since mid-July.
The EUR/NZD currency pair has not been reviewed for some time. However, there also have not been large changes occurring during that time.
The US Dollar has broken the lower trend line of the previously active long term channel up pattern against the Swiss Franc. As a result of the move a massive channel up pattern has been marked.
After breaching a seven-month channel on November 14, the common European currency began trading in a flat channel up.
GBP/JPY is trading in a three-month descending triangle and a junior falling wedge which was formed on October 20.
The common European currency continues to book new high levels against the Turkish Lira. On all time frames and scales the currency pair is surging and it has been like that for a few years.
The US Dollar is one of the many currencies, which are gaining strength against the Turkish Lira.
The NZD/JPY currency pair has been guided by three channels.
GBP/AUD has been trading in a flat channel down since mid-2016.
The common European currency is trading in a channel down against the Singapore Dollar.
The Pound's movement against the Loonie during the past three months has been guided by an ascending channel, while in the short-term—two additional channels are at play.
CHF/JPY is trading in a two-month descending channel.
The Pound has been confined in a channel up against the New Zealand Dollar since mid-July.
The American Dollar has been losing value against the Mexican Peso in a small descending channel over the last two weeks.
The British Pound is simultaneously fluctuating against the Swiss Franc in three different patterns. The largest ascending channel started to form a year ago and nowadays consists of three reaction highs and two reaction lows.
NZD/CHF is currently trading in three channels.
Downside risks have dominated ZAR/JPY both in the long and medium term.
The common European currency is losing value against the Hong Kong Dollar in a minor descending channel.
In early hours of this trading session the currency exchange rate made a breakout from symmetrical triangle pattern amid the pressure from 55-, 100- and 200-hour SMAs.
The common European currency has been trading in a channel up against the Swiss Franc for the last four months.
The Euro's movement against the Polish Zloty has been guide by several patterns since mid-September.