Daily Forex Update: EUR/CAD

By: Dima Chernovolov EUR/CAD continues to fall inside the Up Channel chart pattern which was previously identified by Autochartist on the daily charts. Autochartist rates the overall Quality of this Up Channel at the 7-bar level – which is the result of the sharp Intimal Trend (rated at the maximum, 10-bar level), low Uniformity (3 […]

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Daily Forex Update: USD/CAD

By: Dima Chernovolov USD/CAD continues to fall inside the uniform Rising Wedge chart pattern which was previously identified by Autochartist on the 4-hour charts. Autochartist measures the Quality of this chart pattern at the 7-bar level – which is the result of the above Initial Trend (5 bars), substantial Uniformity (8 bars) and significant Clarity […]

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By: Dima Chernovolov USD/JPY recently broke the Uniform Triangle chart pattern which was earlier identified by Autochartist on the daily charts. Autochartist measures the Quality of this Triangle at the 5-bar level – which is the result of the average Initial Trend (5 bars), near-maximum Uniformity (9 bars) and significant Clarity (8 bars). USD/JPY is […]

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By: Dima Chernovolov CAD/JPY continues to rise inside the Clear Down Channel chart pattern which was previously identified by Autochartist on the daily charts. Autochartist rates the overall Quality of this chart pattern at the 6-bar level – which reflects the above-average Initial Trend (6 bars), lower Uniformity ( 4 bars) and significant Clarity (7 […]

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By: Dima Chernovolov USD/CAD continues to fall after the earlier breakout of the Triangle chart pattern which was previously identified by Autochartist on the hourly charts. Autochartist rates the Quality of this Triangle at the 5 bar level – which is the result of the strong Initial Trend (9 bars) and lower Clarity (3 bars). […]

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Daily Forex Update: CAD/JPY

By: Dima Chernovolov CAD/JPY has been falling steadily in the last few trading sessions – after the price broke the support trendline of the Uniform Triangle chart pattern, which was previously identified by Autochartist on the daily charts. Autochartist rates the Quality of this Triangle at the 4 bar level – which reflects the low […]

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Daily Forex Update: EUR/AUD

By: Dima Chernovolov EUR/AUD continues to fall inside the Clear Up Channel, which was previously identified by Autochartist on the daily charts. Autochartist rates the overall Quality of this chart pattern at the 6-bar level – which is the result of the above-average Initial Trend (6 bars), lower Uniformity (4 bars) and near-maximum Clarity (9 […]

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Daily Forex Update: GBP/CAD

By: Dima Chernovolov GBP/CAD recently broke the high Quality Pennant chart pattern – that was previously identified by Autochartist on the daily charts. The overall Quality of this Pennant is measured by Autochartist at the 9-bar level – which reflects the sharp Initial Trend (10 bars), significant Uniformity and Clarity (both rated at the 8-bar […]

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Daily Forex Update: USD/CAD

By: Dima Chernovolov USD/CAD recently broke the Clear Triangle chart pattern – which was previously identified by Autochartist on the daily charts. Autochartist rates the overall Quality of this Triangle at the 6-bar level – which is the result of the low Initial Trend (2 bars), significant Uniformity (7 bars) and near-maximum Clarity (9 bars). […]

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Daily Forex Update: CAD/JPY

By: Dima Chernovolov CAD/JPY continues to fall inside the Uniform Triangle chart pattern which was previously identified by Autochartist on the daily charts. The Quality of this Triangle is rated by Autochartist at the 5 bar level – which reflects the slow Initial Trend (one bar), high Uniformity (8 bars) and average Clarity (5 bars). […]

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