Daily Forex Update: EUR/NZD

By: Dima Chernovolov EUR/NZD continues to decline after the earlier breakout of the high-quality Triangle chart pattern which was previously identified by Autochartist on the daily charts. Autochartist rates the overall Quality of this Triangle at the 8 bar level – which reflects the sharp Initial Trend (9 bars), high Uniformity (9 bars) and significant […]

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Daily Forex Update: EUR/CAD

By: Dima Chernovolov EUR/CAD recently broke the Clear Triangle chart pattern which was previously identified by Autochartist on the daily charts. The Quality of this chart pattern is rated by Autochartist at the 8-bar level – which reflects the significant Initial Trend (7 bars), above-average Uniformity (6 bars) and near-maximum Clarity (9 bars). Autochartist rates […]

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Daily Forex Update: AUD/JPY

By: Dima Chernovolov AUD/JPY continues to rise – following the earlier breakout of the Pennant chart pattern which was previously identified by Autochartist on the daily AUD/JPY charts. Autochartist rates the Quality of this Pennant at the 8 bar level – which is the result of the sharp Initial Trend (10 bars), significant Uniformity (7 […]

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Daily Forex Update: NZD/CAD

By: Dima Chernovolov Autochartsit recently identified the clear Flag chart on the 4-hour NZD/CAD charts. Autochartsit rates the overall Quality of this chart pattern at the 8-bar level – which is the result of the sharp Initial Trend (reflecting the strength of the preceding upward impulse, which Is the “flag-pole” of this Flag), average Uniformity […]

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Daily Forex Update: USD/CHF

By: Dima Chernovolov USD/CHF continues to rise after the price broke the “neckline” of the 4-hour Inverse Head and Shoulders chart pattern which was previously identified by Autochartist. The overall Quality of this chart pattern is rated by Autochartist at the 9 bar level – which is the result of the sharp Initial Trend (10 […]

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Daily Forex Update: EUR/CAD

By: Dima Chernovolov Autochartist recently identified the clear Triangle chart pattern on the EUR/CAD charts. The overall Quality of this chart pattern is measured at the 6-bar level – which is the result of the slow Initial Trend (3 bars), above-average Uniformity (6-bars) and substantial Clarity (8 bars). Higher Clarity reflects the strength of the […]

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Daily Forex Update: AUD/CAD

By: Dima Chernovolov AUD/CAD continues to decline following the earlier breakout of the clear Rising Wedge chart pattern which was previously identified by Autochartist on the daily charts. The overall quality of this chart pattern is measured at the 5-bar level – which is the result of the low Initial Trend (3 bars), average Uniformity […]

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By: Dima Chernovolov EUR/GBP continues to rise following the earlier breakout of the Key Resistance Level 0.8632, which was previously identified by Autochartist on the 4-hour charts. Autochartist rates the significance of this Resistance level at the 3-bar level – which is the result of the three recent price reversals from this price level. The […]

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Daily Forex Update: GBP/CHF

By: Dima Chernovolov GBP/CHF recently broke the Descending Triangle chart pattern which was previously identified by Autochartist on the 4-hour charts. The overall Quality of this chart pattern is measured by Autochartist  at the 5-bar level which is the result of the low Initial Trend (2 bars), above-average Uniformity (6 bars) and lower Clarity (3 […]

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Daily Forex Update: GBP/USD

By: Dima Chernovolov GBP/USD continues to fall after the recent breakout of the Pennant chart pattern which was previously identified by Autochartist on the daily charts. The overall Quality of this Pennant is measured by Autochartist at the 7 bar level – which is the result of the strong Initial Trend (10 bars), below-average Uniformity […]

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