As it was expected the Pound bounced off the resistance of the dominant ascending channel pattern against the Swiss Franc.
The Australian Dollar has continued to decline against the Japanese Yen.
USD/ZAR is trading in an up-trend since mid-July; however, the pair has failed to form an ascending channel due to a diminishing trading range.
After reaching the 2016/2017 low of 7.7050 on September 8, USD/NOK started a period of recovery in an ascending channel.
The common European currency is trading against the British Pound in rather complicated patterns.
Recent development s on the USD/CHF currency exchange rate's charts have pressured for an update of the situation.
USD/SGD has been trading in a channel up since late August.
Following a five-week appreciation against the Swedish Krona in an ascending channel, the common European currency has formed a channel in the opposite direction and is thus gradually moving lower.
The Canadian Dollar continues to trade against the Japanese Yen in a dominant channel down pattern. The previous forecast, where a descending channel was mapped turned out to be precise, and the pair has made a rebound.
The Pound has made another rather unpredictable move against the Japanese Yen. However, this fundamental event dominated currency exchange rate can still be charted.
The common European currency is trading against the Norwegian Krone in a channel up valid since mid-July.
After reaching its ultimate high of 3.90 in January this year, USD/TRY was set for a price decline.
It was recently discovered that the assumed to be dominating ascending channel pattern is actually a slightly tilted broadening wedge.
As one can observe on the charts, the previously active short term and narrow range channel was broken.
The Pound has been guided by two ascending channels against the Swiss Franc.
NZD/JPY has been trading in three channels simultaneously.
The AUD/JPY currency exchange rate is another one of the pairs, which has changed its direction on a large scale following the recovery of the Japanese Yen.
After all the Swiss Franc passed the long term support line against the Japanese Yen, which was described in the first half of October.
Almost a month ago the price of copper was going higher without anything suggesting that a decline might soon begin.
Due to the recent surge in Brent oil volume on the Swiss Foreign Exchange, a review of the technical situation has been done by Dukascopy analysts.
The common European currency has bounced off the resistance of a dominant pattern against the Swiss Franc.
The previous review of the US Dollar against the Swiss Franc stressed that the new medium term pattern, which was about to reveal itself, might also have an ascending angle.
The dominant pattern of the EUR/CAD exchange rate is a six-month descending channel.
The Pound had been trading in a channel down since mid-2016 prior to breaching this long-term pattern on October 19.