Daily Forex Update: USD/CAD

By: Dima Chernovolov As you can see below – Autochartist recently identified the breakout of the extended daily Descending Triangle (its length is equal to 160 candles/trading days).  The overall Quality of this chart pattern is measured by Autochartist at the 3-bar level – which is a result of the below-average Uniformity and Clarity (both […]

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Daily Forex Update: NZD/JPY

By: Dima Chernovolov As you can see from the following chart – Autochartist recently identified the clear Down Channel chart pattern on the daily NZD/JPY charts. The overall Quality of this chart pattern is measured by Autochartist at the 5 bars level which reflects the average Initial Trend and Uniformity (both rated at the 5 […]

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