By: Dima Chernovolov AUD/USD continues to fall inside the Clear Falling Wedge chart pattern which was previously identified by Autochartist on the 4-hours charts. Autochartist rates the Quality of this Falling Wedge at the 5 bar level – which is the result of the low Initial Trend (2 bars), average Uniformity (5 bars) and higher […]

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Daily Forex Update: AUD/USD

By: Dima Chernovolov AUD/USD recently broke the well-formed Down Channel chart pattern which was previously identified by Autochartist on the 4-hour charts. Autochartist measures the Quality of Down Channel at the 6 bar level – which is the result of the slow Initial Trend (3 bars) and near-maximum Uniformity and Clarity (both rated at the […]

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Daily Forex Update: AUD/USD

By: Dima Chernovolov AUD/USD continues to rise after the earlier breakout of the high Quality Down Channel chart pattern which was earlier identified by Autochartist on the daily charts. Autochartist measures the Quality of this Down Channel at the 8 bar level – which is the result of the average Initial Trend (5 bars), substantial […]

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By: Dima Chernovolov GBP/USD recently broke the high Quality Rising Wedge chart pattern which was previously identified by Autochartist on the daily charts. Autochartist measures the overall Quality of this Rising Wedge at the 9 bar level – which is the result of the sharp Initial Trend (10 bars) and near-maximum Uniformity and Clarity (both […]

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By: Dima Chernovolov AUD/USD continues to fall after the recent breakout of the Significant Key support level 0.7422, which was previously identified by Autochartist on the hourly charts. Autochartist measures the Significance of this key level at the 6 bar level – which reflects the 6 prior price reversals from this price level. AUD/USD is […]

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Daily Forex Update: AUD/USD

By: Dima Chernovolov AUD/USD continues to fall after the earlier breakout of the Up Channel chart pattern which was earlier identified by Autochartist on the 4-hour charts. Autochartist rates the Quality of this chart pattern at the 8 bar level – which reflects the sharp Initial Trend (10 bars), lower Uniformity (3 bars) and above-average […]

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Daily Forex Update: AUD/USD

By: Dima Chernovolov AUD/USD recently broke the resistance trendline of the Ascending Triangle chart pattern which was previously identified by Autochartist on the 4-hour charts. Autochartist measures the overall Quality of this chart pattern at the 5 bar level – which is the result of the slow Initial Trend (2 bars), above-average Uniformity (6 bars) […]

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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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By: Dima Chernovolov Autochartist earlier identified the breakout of the high-quality Up Channel chart pattern on the hourly AUD/USD charts. The overall Quality of this chart pattern is measured at the 8-bar level – which reflects the average Initial trend (5 bars) and substantial Uniformity and Clarity (rated at the 8-bar and 9–bar levels respectively). […]

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