BRN/USD has broken through a resistance line. It has touched this line at least twice in the last 15 days. This breakout may indicate a potential move to 81.5333 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
By: Dima Chernovolov EUR/GBP continues to fall after breaking the 4-hour Triangle chart pattern which was recently identified by Autochartist. Autochartist measures the quality of this Triangle at the 5-bar level – which reflects the medium Initial Trend and Uniformity (5 bars) and significant Clarity (7 bars). EUR/GBP is expected to fall toward the forecast […]
By: Dima Chernovolov EUR/GBP continues to fall inside the 4-hour Down Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel at the 4-bar level – which reflects the slow Initial Trend (3 bars), below-average Uniformity and Clarity (4 bars). EUR/GBP is expected to fall further inside this […]
By: Dima Chernovolov EUR/AUD continues to rise inside the uniform 4-hour Up Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Up Channel at the 4-bar level – which is the result of the slow Initial Trend (2 bars), above-average Uniformity (6 bars) and lower Clarity (3 bars). EUR/AUD […]
