By: Dima Chernovolov EUR/USD continues to rise inside the daily Up Channel chart pattern which was recently identified by Autochartist. Autochartist measures the quality of this Up Channel at the 5-bar level – which is the result of the slow Initial Trend (1 bar), significantly Uniformity and Clarity (7 bars). EUR/USD is expected to rise […]
By: Dima Chernovolov EUR/USD continues to fall after the earlier breakout of the 4-hour Triangle chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Triangle at the 6-bar level – which is the result of the slow Initial Trend (1 bar), above-average Uniformity (6 bars) and higher Clarity (7 bars). […]
By: Dima Chernovolov EUR/USD continues to rise inside the 4-hour Up Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 6-bar level – which is the result of the slow Initial Trend (2 bars), average Uniformity (5 bars) and maximum Clarity (10 bars). EUR/USD is […]
By: Dima Chernovolov EUR/USD continues to fall inside the 4-hour Rectangle chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Rectangle at the 5-bar level – which reflects the slow Initial Trend (2 bars), above-average Uniformity (6 bars) and substantial Clarity (8 bars). EUR/USD is expected to fall further inside […]
By: Dima Chernovolov EUR/USD continues to fall inside the hourly Down Channel chart pattern which was recently identified by Autochartist. Autochartist measures the quality of this Down Channel at the 4-bar level – which is the result of the slow Initial Trend (1 bar), above-average Uniformity (6 bars) and significant Clarity (7 bars). EUR/USD expected […]
By: Dima Chernovolov EUR/USD continues to fall inside the hourly Down Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Down Channel at the 7-bar level – which is the result of the below-average Initial Trend (4 bars), maximum Uniformity (10 bars) and significant Clarity (7 bars). EUR/USD expected […]
By: Dima Chernovolov EUR/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), significant Uniformity (7 bars) and near-maximum Clarity (9 bars). EUR/USD is […]
By: Dima Chernovolov EUR/USD continues to fall inside the daily Down Channel chart pattern which was identified previously by Autochartist. Autochartist rates the quality of this Down Channel at the 4-bar level – which is the result of the slow Initial Trend (3 bars), low Uniformity (3 bars) and above-average Clarity (6 bars). EUR/USD is […]
The movement of EUR/USD towards 1.1039 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 9 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines. […]
EUR/USD is moving towards the support line of a Falling Wedge. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 16 hours and may test it again within […]
