Need an explanation? Is it clearer than this? The downward trend is evident!
The Australian dollar is nearing its uptrend against the Japanese yen.
The Canadian dollar against the Japanese yen is suspected of forming a head and shoulders pattern.
The Canadian dollar against the Swiss franc will be able to continue its upward movement after the completion of the pullback to the broken downtrend line.
The Canadian dollar reached a significant static resistance against the Swiss franc defeating its downward trend. The possibility of a negative fluctuation in the form of pullback to the broken downtrend is probable.
Bitcoin is suspected of forming a head and shoulders pattern.
The British pound has reached its static resistance level against the Australian dollar and is likely to fall to the bottom of the uptrend.
The Australian dollar reached its uptrend as well as its static resistance against the Japanese yen in1 hour time frame.
The euro is approaching the bottom of its uptrend channel against the British pound. The possibility of a positive reaction to this foam is not unexpected.
The US dollar against the Canadian dollar will be able to continue its downward trend by completing the pullback to the bottom of the broken uptrend channel.
The US dollar has reached the bottom of its downtrend against the Swiss franc.
The US dollar has broken the bottom of its uptrend against the Canadian dollar, but the possibility of a positive fluctuation in the form of a pullback to the bottom of this broken channel is not unexpected.
The euro is approaching the bottom of its downtrend against the Canadian dollar. The possibility of a positive reaction to this floor will not be unexpected.
The Canadian dollar against the Japanese yen will be able to continue moving upwards by completing the pullback to the broken downtrend line.
The euro is likely to fall further against the Australian dollar after completing the pullback with its broken uptrend line.
The New Zealand dollar has hit downward trend line against the Japanese yen.
The British pound has reached the tip of its downtrend against the Swiss franc.
The euro is suspected of forming a head-and-shoulder pattern against the New Zealand dollar.