Daily Forex Update: NZD/CAD

By: Dima Chernovolov Autochartist recently identified the Clear Triangle chart pattern on the 4-hour NZD/CAD charts. Autochartist rates the Quality of this chart pattern at the 6-bar level – which is the result of the slow Initial Trend (1 bar), above-average Uniformity (6-bars) and maximum Clarity (10 bars). High Clarity reflects the sharpness of the […]

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Daily Commodities Update: Silver

By: Dima Chernovolov Silver continues to rise following the earlier breakout of the high Quality Falling Wedge chart pattern which was previously identified by Autochartist on the 15-minute charts. Autochartist rates the overall Quality of this chart pattern at the 8-bar level – which is the result of the sharp Initial trend (10 bars), significant […]

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Daily Forex Update: EUR/AUD

By: Dima Chernovolov Autochartist recently identified the Key Resistance level 1.4791 (of the type Approach) on the 4-hour EUR/AUD charts. The Significance of this Resistance level is measured by Autochartist at the 3-bar level – which is the result of the three recent price reversals from this price level (which can be seen from the […]

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Daily Forex Update: USD/CAD

By: Dima Chernovolov USD/CAD continues to rise – following the earlier breakout of the Uniform Ascending Triangle chart pattern which was previously identified by Autochartist on the 4-hour charts. Autochartist rates the overall Quality of this chart pattern at the 7-bar level – which is the result of the low Initial Trend (2 bars) and […]

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Daily Forex Update: NZD/CAD

By: Dima Chernovolov NZD/CAD recently broke the Key Support level 0.9137, which was previously identified by Autochartist on the 4-hour charts. Autochartist rates the Significance of this support level at the 5 bar level – which corresponds to the 5 recent price reversals from this price level. NZD/CAD is expected to fall further to the […]

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Daily Forex Update: EUR/GBP

By: Dima Chernovolov EUR/GBP continues to rise after the earlier breakout of the Uniform Triangle chart pattern which was previously identified by Autochartist on the hourly EUR/GBP charts. Autochartist rates the Quality of this chart pattern at the 6-bar level – which reflects the low Initial trend (3 bars), high Uniformity (10 bars) and significant […]

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Daily Forex Update: AUD/JPY

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

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Daily Forex Update: CAD/JPY

By: Dima Chernovolov Autochartist recently identified the breakout of the 4-hour Falling Wedge on the 4-hour CAD/JPY charts. The overall Quality of this chart pattern is measured at the 7 bar level – which is the result of the low Initial Trend (2 bars), above-average Uniformity (6 bars) and near-maximum Clarity (9 bars). Autochartist rates […]

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Daily Forex Update: GBP/CHF

By: Dima Chernovolov Autochartist recently identified the breakout of the Uniform Triangle chart pattern on the 15-minute GBP/CHF charts. Autochartist rates the overall Quality of this chart pattern at the 7 bar level, which reflects the strong Initial Trend (measured at the maximum 10 bar level), significant Uniformity and Clarity (measured at the 8-bar and […]

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Daily Forex Update: AUD/USD

By: Dima Chernovolov Autochartist recently identified the extended Key Resistance level 0.7670 (of the type Approach) on the AUD/USD charts. The length of this Resistance level is measured at 294 candles. The Significance of this Resistance level is rated by Autochartist at the 3-bar level – which corresponds to the 3 earlier price reversals from […]

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