By: Dima Chernovolov EUR/USD recently broke the 30-minute Triangle chart pattern which was identified previously by Autochartist. Autochartist rates the quality of this Triangle at the 4-bar level – which reflects the medium Initial Trend (5 bars) and lower Uniformity (2 bars). EUR/USD is expected to fall toward the forecast price 1.1021 – in line […]

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EUR/USD has broken through a support line of a Triangle and suggests a possible movement to 1.1022 within the next 11 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement […]

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Those of you that are trend followers are probably eagerly watching EUR/USD to see if its latest 1.92% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 10 days move. Did you know that our social media feeds are updated only 3x per day, and […]

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