The US Dollar has been trading in a one-month ascending channel pattern against the Swiss Franc. The currency pair reversed from the lower boundary of the channel pattern at 0.9698 on June 25.
The common European currency has been depreciating in a descending channel pattern against the British Pound since July 16. The currency pair bounced off a psychological support level at 0.8900 on July 25.
The US Dollar has been appreciating against the Thai Baht since the beginning of July when the USD/THB exchange rate reversed north from the lower boundary of the long-term descending channel at 30.55.
The US Dollar has been depreciating against the Israeli Shekel since the end of June after the USD/ILS currency pair reversed south from the upper boundary of the medium-term channel at 3.6255.
The GBR.IDX/GBP pair has been appreciating in an ascending channel pattern since the beginning of June. The pair reversed north from the lower boundary of the channel pattern at 7088.8 on June 3.
The DEU.IDX/EUR pair has been trading in a junior ascending channel pattern since June. The pair bounced off the bottom border of the channel pattern at 11616.2 on June 3.
The HKD/JPY currency pair has been trading down along the upper boundary of the long-term descending channel since the beginning of July. Currently, the pair is trading near the given line at 13.84.
The Euro has been appreciating against the Honk Kong Dollar since the end of June. This movement has been bounded in the falling wedge pattern.
The Pound Sterling has appreciated about 1.03% in value against the Japanese Yen since last week trading sessions. The surge was stopped by a resistance level formed by the 100-hour SMA at 135.23.
During the past week, the Australian Dollar has depreciated about 1.04% in value against the Japanese Yen. A breakout occurred through the lower boundary of an ascending channel pattern on July 23.
The USD/HKD exchange rate has been trading within the ascending channel since the beginning of July. As apparent on the chart, the rate has already reversed north from the lower channel line at 7.8020.
The USD/CNH currency pair has been trading upwards since the beginning of July after it tested the support level formed by the monthly S1 at the 6.8172 mark. Currently, the pair is trying to surpass the support formed by the 55-, 100– and 200-hour SMAs in the 6.8798/6.8825 range.
The international benchmark for crude oil prices has been trading in a junior descending channel pattern since July 15. The commodity tested the lower border of the channel pattern at 61.50 on July 19.
The LIGHT.CMD/USD pair bounced off the 50.00% Fibonacci retracement level at 55.47 on July 18.
The US Dollar has been depreciating against the South African Rand since the beginning of July. This movement has been bounded in the falling wedge pattern.
The US Dollar has been appreciating gradually against the Norwegian Krone since the end of June after the USD/NOK currency pair reversed north from the lower boundary of the medium-term ascending channel.
The GBP/CAD exchange rate has appreciated about 1.55% in value against the Canadian Dollar since last week trading sessions. The rate breached the upper boundary of a descending channel pattern at 1.6327 on July 19.
The Pound Sterling traded sideways movement against the Australian Dollar during last week's trading sessions. The currency pair was guided by the 50-hour simple moving average.
The GBP/CHF exchange rate continued to trade downwards, targeting the lower boundary of the long-term descending channel located circa 1.2000. Currently, the rate is trading at the 1.2240 level.
The EUR/GBP currency pair has been trading within the ascending channel since the beginning of June. As apparent in the chart, the pair has already reversed north from the channel lower line at 0.8963.
The common European currency traded sideways against the Canadian Dollar during last week's trading sessions. The 50-hour simple moving average provided resistance for the exchange rate.
The Eurozone single currency has depreciated about 0.91% in value against the Australian Dollar since last week's trading sessions. The currency pair reached eleven weeks low on July 19.
The Turkish Lira has been appreciating against the Japanese Yen since the beginning of June. This movement has been bounded in the rising wedge pattern.
The New Zealand Dollar has been appreciating against the Japanese Yen since the beginning of June. This movement has been bounded in the rising wedge pattern.