After reaching the upper boundary of the senior channel circa 0.71 mid-January, the Swiss Franc depreciated substantially during the following weeks prior to reversing to the upside two weeks ago.
NZD/JPY has been confined by a long-term channel against since November, 2016.
The Pound Sterling has continued to surge against the New Zealand Dollar since the last time the pair was reviewed.
Sterling has been guided by an ascending channel against its Canadian counterpart since late September 2017.
The Swiss Franc has been appreciating gradually against the Singapore Dollar since mid-January.
After testing a three-month high of 81.50 late in January, the bearish sentiment took the upper hand in the market and stranded the NZD/JPY exchange rate in a descending channel.
The Pound Sterling has been constrained by a descending channel against the Japanese Yen after the pair touched the upper boundary on February 2.
The common European currency has been bound in several long and medium-term patterns which have guided the currency pair lower since August 2017.
USD/MXN has been confined in a nine-month ascending channel.
EUR/SEK is being guided by several patterns, the most important of which are two opposing channels.
During the past few weeks, the British Pound has been depreciating heavily against the Swiss Franc. The depreciation occurred after the pair hit the weekly R1 at 1.3439.
The US Dollar has been constrained by a descending channel against the Swiss Franc after hitting a resistance at the 200—hour simple moving average on January 10.
After bouncing off the lower boundary of a four-month channel circa 1.71 mid-January, the Sterling began appreciating substantially against the Aussie during the following weeks.
USD/CNH is trading in two descending channels which have guided its movement during the past three weeks.
After hitting the weekly pivot point at 1.1289 on October 24, 2017, the Australian Dollar has been trading in a channel down against its New Zealand counterpart.
A review was made for the Aussie pair, as the previously drawn pattern was broken. The currency pair has been volatile since the last time it was reviewed.
The US Dollar has been trading in a channel down against the Norwegian Krone since mid-November.
The Singapore Dollar is moving lower against the Japanese Yen in a channel down.
The common European currency has reached the upper boundary of a large-scale triangle against the British Pound.
The British Pound has been losing strength against the New Zealand Dollar after hitting the upper boundary of the channel down early December, 2017. The currency pair has formed a triangle during this period.
The common European currency has been trading in an ascending channel against the Loonie since late June.
USD/TRY has been trading in channel down for the last three months.
The large-scale situation for the common European currency against the New Zealand Dollar has not changed.
The Pound Sterling has been trading in a long-term channel up against the Canadian Dollar since September, 2017. During this rally, Sterling reached a new high at 1.7659.