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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Daily Forex Update: NZD/USD

By: Dima Chernovolov Autochartist recently identified the breakout of the 4-hour Key Resistance level on the NZD/USD charts. The length of this Resistance level is equal to 75 candles. Autochartist measures the Significance of this Resistance level at the 4-bar level – which reflects the 4 previous price reversals from this price level. NZD/USD is […]

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Daily Forex Update: USD/CHF

By: Dima Chernovolov USD/CHF continues to rise inside the uniform Triangle chart pattern which was previously identified by Autochartist on the daily charts. The overall Quality of this chart pattern is measured by Autochartist at the 3 bar level – which reflects below-average Initial Trend (4 bars) and higher Uniformity (6 bars). Higher Uniformity reflects […]

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Daily Forex Update: EUR/NZD

By: Dima Chernovolov EUR/NZD continues to fall inside the 15-minute Descending Triangle chart pattern, which was recently identified by Autochartist. The Quality of this chart pattern is rated by Autochartist at the 6-bar level – which reflects the low Initial Trend (2 bars), significant Uniformity (7 bars) and near-maximum Clarity (9 bars). The price is […]

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Daily Forex Update: CAD/JPY

By: Dima Chernovolov CAD/JPY continues to fall – after the recent breakout of the Rising Wedge chart pattern which was previously identified by Autochartist on the hourly charts. The overall Quality for this chart pattern is measured by Autochartist at the 6 bar level – which reflects sharp Initial Trend (rated at the maximum, 10-bar […]

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Daily Forex Update: AUD/JPY

By: Dima Chernovolov Autochartist recently identified the uniform Down Channel on the 4-hour AUD/JPY charts. Autochartist rates the overall Quality of this chart pattern at the 6 bar level – which reflects the average Initial Trend (5 bars), near-maximum Uniformity (8 bars) and significant Clarity (6 bars). AUD/JPY is expected to rise toward the upper […]

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By: Dima Chernovolov EUR/GBP has been rising sharply in the last few trading sessions – following the earlier breakout of the high-quality daily Down Channel chart pattern which was previously identified by Autochartist. The overall Quality of this chart pattern is measured at the 9 bar level – which reflects strong Initial Trend  (10 bars) […]

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Daily Forex Update: EUR/NZD

By: Dima Chernovolov Autochartist recently identified the breakout of the Rectangle chart pattern on the daily EUR/NZD charts. The Quality of this chart pattern is measured by Autochartist at the 6-bar level – which reflects the below-average Initial Trend (4 bars), significant Uniformity (8 bars) and above-average Clarity (6 bars). The strength of this Rectangle […]

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Daily Forex Update: USD/CAD

By: Dima Chernovolov USD/CAD continues to fall sharply – following the earlier breakout of the uniform Triangle chart pattern which was recently identified by Autochartist on the 4-hour charts. Autochartist rates the Quality of this chart pattern at the 7 bar level – which is the result of the low Initial Trend (3 bars), maximum […]

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