The Canadian Dollar has been depreciating against the Swiss Franc in a channel down since the beginning of December. During this period of decline, the currency pair managed to reach March 2018 low at 0.7229.
The CAD/JPY currency pair has been dominated by two channels. The junior descending channel pattern has confined the rate since early December. The Canadian Dollar has lost about 9.17% of its values against the Japanese Yen since the decline began.
The Australian Dollar has been moving in a five-month descending channel pattern against the New Zealand Dollar. The currency pair reversed from the upper boundary of a dominant descending channel at 1.1150 on August 7 and followed by downside wave.
The dominant pattern that has guided the AUD/CHF exchange rate for the last one year is a descending channel pattern. As apparent on the chart, the pair reversed from its upper boundary on December 3 and has since traded in a narrow channel down.
The Swiss Franc has lost about 2.77% of its values against the Japanese Yen since December 11. Bears have led the currency pair toward a four-month low level at 111.43.
The bearish momentum which has been dominating the USD/CHF currency pair since the middle of November has guided the US Dollar toward the lower boundary of a medium-term ascending channel pattern at 0.9800.
The Ethereum cryptocurrency has been trading in an ascending channel against the US Dollar since the middle of December when the pair bounced off its lower boundary at 93.00.
The BTC/USD pair has been trading in a narrow ascending channel pattern since the beginning of December.
The LIGHT.CMD/USD pair has depreciated about 14.27% since the middle of December. A support level formed by the weekly S1 at 43.11 stop the decline during the previous session.
The BRENT.CMD/USD has depreciated more than 890 base points since December 17. This decline was stopped by a support level formed by the weekly S1 at 50.43.
The EUR/CAD currency pair has been moving in a junior ascending channel since the beginning of December after the rate reversed from the bottom border of a medium-term ascending channel pattern at 1.4965.
The common European currency has been trading in a narrow ascending channel pattern against the Australian Dollar. This increase in price range started after the currency pair reversed from the lower boundary of a long-term ascending channel at 1.5400 on December 3.
The Pound Sterling has been appreciating against the Canadian Dollar in a narrow ascending channel pattern the middle of December. This gradual surge in price began after the currency pair reversed from a support level formed by the weekly S1 at 1.6731 on December 11.
The GBP/AUD exchange rate has been trading in a junior ascending channel pattern since the beginning of December. The surge began after the pair reversed from the lower boundary of a dominant ascending channel at 1.7218 on December 3.
The Australian Dollar has been appreciating against the Singapore Dollar since the beginning of December after the pair reversed from the upper boundary of the falling wedge.
The New Zealand Dollar has been depreciating against the Swiss Franc since the beginning of December. This movement has been bounded in the descending channel.
The US Dollar has been depreciating against the Thai Baht since the end of October when the USD/THB currency pair reversed from the upper boundary of the long-term descending channel. This movement has been bounded in the falling wedge pattern.
The USD/NOK currency pair reached the resistance level formed by the monthly R1 at 8.7318 and reversed south.
The Canadian Dollar has been depreciating against the Swiss Franc since the beginning of December. This movement has been bounded in a descending channel pattern.
The USD/CHF currency pair has been trading in a descending channel pattern during the past six-week. During this period, the pair re-tested the upper boundary of the descending channel pattern.
Downside risks have been dominating the EUR/CZK currency pair since the end of November. The pair breached the rising wedge pattern south and reached the Fibonacci 38.20% retracement at 25.79.
The Euro has been appreciating gradually against the Polish Zloty since the beginning of August. This movement has been bounded in the ascending channel.
The Swiss Franc has lost about 1.30% of its values against the Japanese Yen since December 11. The decline has led the currency pair to breakout through the lower boundary of a junior ascending channel pattern.
The Australian Dollar has decreased its trading range against the Swiss Franc. This decline started after the currency pair reversed from the upper boundary of an ascending channel at 0.7377.