AUD/USD down to 0.7096
Channel Down identified at 14-Sep-2018 16:00 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.7096 within the next 3 days.
Inflation Rate YoY – a $90 opportunity
Based on the last 12 Inflation Rate YoY events in Japan, we expect a $90 movement on AUDUSD within 4 hours following the event release at 27 Oct 00:30 (Europe/London).
Daily Forex Update: AUD/USD
By: Dima Chernovolov AUD/USD continues fall inside the clear, 30-minute Down Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Down Channel at the 6-bar level – which is the result of the slow Initial Trend (3 bars), strong Uniformity (7 bars) and near-maximum Clarity (9 bars). AUD/USD is […]
Daily Forex Update: AUD/USD
By: Dima Chernovolov AUD/USD recently broke the “neckline” of the hourly Head and Shoulders chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Head and Shoulders at the 8-bar level – which is the result of the sharp Initial Trend (10 bars) and strong Uniformity and Clarity (both rated at […]
Daily Forex Update: AUD/USD
By: Dima Chernovolov AUD/USD recently broke the 4-hour Falling Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Falling Wedge at the 5-bar level – which is the result of the average Initial Trend (5 bars), higher Uniformity (6 bars) and significant Clarity (7 bars). AUD/USD is expected to […]
Daily Forex Update: AUD/USD
By: Dima Chernovolov AUD/USD 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 5-bar level – which is the result of the slow Initial Trend (one bar), average Uniformity (5 bars) and strong Clarity (8 bars). AUD/USD is […]
Daily Forex Update: AUD/USD
By: Dima Chernovolov AUD/USD continues to fall inside the hourly Down Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel at the 9-bar level – which is the result of the sharp Initial Trend (10 bars), strong Uniformity (8 bars) and high Clarity (9 bars). AUD/USD is […]
Daily Forex Update: AUD/USD
By: Dima Chernovolov AUD/USD continues to rise after the earlier breakout of the 4-hour Pennant chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Pennant at the 9-bar level – which is the result of the sharp Initial Trend (10 bars), strong Uniformity (9 bars) and maximum Clarity (10 bars). […]
Daily Forex Update: AUD/USD
By: Dima Chernovolov AUD/USD continues to rise inside the daily Ascending Triangle chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Ascending Triangle at the 4-bar level – which reflects the slow Initial Trend (2 bars), below-average Uniformity (4 bars) and medium Clarity (6 bars). AUD/USD is expected to rise […]
Daily Forex Update: AUD/USD
By: Dima Chernovolov AUD/USD continues to fall after the earlier breakout of the hourly Up Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Up Channel at the 6-bar level – which is the result of the medium Initial Trend (4 bars), average Uniformity (5 bars) and higher Clarity […]