By: Dima Chernovolov GBP/JPY continues to fall inside the 30-minute Down Channel chart pattern, which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel at the 8-bar level – which is the result of the sharp Initial Trend (9 bars), above-average Uniformity (6 bars) and significant Clarity (7 bars). GBP/JPY is […]
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By: Dima Chernovolov AUD/CAD recently broke the 4-hour Down Channel chart pattern, which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel at the 5-bar level – which is the result of the below-average Initial Trend (4 bars), medium Uniformity (6 bars) and strong Clarity (8 bars). AUD/CAD is expected to […]
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By: Dima Chernovolov AUD/CHF continues to rise in the direction of the key resistance level 0.6665 which was previously identified by Autochartist. Autochartist rates the significance of this key resistance level at the 6-bar level – which is the result of six earlier price reversals from this price level. AUD/CHF is expected to rise further […]
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By: Dima Chernovolov EUR/USD continues to fall inside the 30-minute Down Channel chart pattern, which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel at the 6-bar level – which is the result of the below-average Initial Trend and Uniformity (4 bars), and near-maximum Uniformity (9 bars). EUR/USD is expected to […]
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