By: Dima Chernovolov EUR/USD continues to rise inside the 4-hour Up Channel chart pattern which was identified recently by Autochartist. Autochartist rates the quality of this Up Channel at the 6-bar level – which reflects the slow Initial Trend (2 bars), significant Uniformity (7 bars) and strong Clarity (8 bars). EUR/USD is expected to rise […]

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EUR/USD is heading towards a price line of 1.1005 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see […]

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Those of you that are trend followers are probably eagerly watching EUR/USD to see if its latest 1.23% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 9 days move. Did you know that our social media feeds are updated only 3x per day, and […]

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By: Dima Chernovolov EUR/USD continues to fall inside the hourly Down Channel chart pattern which was identified recently by Autochartist. Autochartist rates the quality of this Down Channel at the 5-bar level – which reflects the slow Initial Trend (3 bars), average Uniformity (5 bars) and higher Clarity (8 bars). EUR/USD is expected to fall […]

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