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: 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: 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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