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Blog & Market Analysis

By: Dima Chernovolov EUR/NZD recently broke the daily Rising Wedge chart pattern which was identified previously by Autochartist. Autochartist rates the quality of this Rising Wedge at the 7-bar level – which is the result of the strong Initial Trend and Uniformity (7 bars) and higher Clarity (8 bars). EUR/NZD is expected to fall toward […]
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By: Dima Chernovolov NZD/CAD continues to rise inside the daily Up Channel chart pattern which was identified previously by Autochartist. Autochartist rates the quality of this Up Channel at the 6-bar level – which is the result of the slow Initial Trend (3 bars), above-average Uniformity (7 bars) and strong Clarity (9 bars). NZD/CAD is […]
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By: Dima Chernovolov AUD/JPY continues to rise inside the daily Up Channel chart pattern which was identified recently by Autochartist. Autochartist rates the quality of this Up Channel at the 5-bar level – which reflects the slow Initial Trend (3 bars), above-average Uniformity (6 bars) and significant Clarity (7 bars). AUD/JPY is expected to rise […]
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By: Dima Chernovolov NZD/USD continues to fall inside the hourly Falling Wedge chart pattern which was identified recently by Autochartist. Autochartist rates the quality of this Falling Wedge at the 3-bar level – which reflects the slow Initial Trend (2 bars), low Uniformity (2 bars) and medium Clarity (5 bars). NZD/USD is expected to fall […]
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