By: Dima Chernovolov EUR/CHF continues to rise inside the 4-hour Rising Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 4-bar level – which is the result of the slow Initial Trend (1 bar), strong Uniformity (8 bars) and lower Clarity (3 bars). EUR/CHF is […]
By: Dima Chernovolov EUR/CHF continues to fall after the earlier breakdown of the extended, 171-candlestick key support level 1.0538. Autochartist rates the Quality of this key support level at the 4-bar level – which is the result of the 4 previous price reversals from this price level. EUR/CHF is expected to fall toward the forecast […]
By: Dima Chernovolov EUR/CHF continues to fall inside the 15-minute 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 slow Initial Trend (1 bar), average Uniformity (5 bars) and maximum Clarity (10 bars). EUR/CHF is […]
By: Dima Chernovolov EUR/CHF 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 7-bar level – which is the result of the slow Initial Trend (1 bar), significant Uniformity (7 bars) and near-maximum Clarity (9 bars). EUR/CHF is […]
By: Dima Chernovolov EUR/CHF recently broke the key support level 1,0957, which was previously identified by Autochartist. Autochartist rates the Significance of this price level at the 5 bar level which is the result of the 5 previous reversals from this price level. EUR/CHF expected to fall further toward the forecast price 1,0910 – in […]
By: Dima Chernovolov EUR/CHF continues to rise inside the daily Up Channel chart pattern which was identified recently by Autochartist. Autochartist rates the quality of this Up Channel at the 7-bar level – which is the result of the sharp Initial Trend (10 bars) and strong Uniformity and Clarity (6 bars). EUR/CHF is expected to […]
EUR/CHF is moving towards the support line of a Channel Down which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If EUR/CHF continues in its current trajectory, […]
EUR/CHF is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 2 days. If it tests this line again, it should do so in the next 6 hours. Did you know that our social media feeds are updated only 3x per day, and don’t look at […]
EUR/CHF is moving towards the support line of a Falling Wedge which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If EUR/CHF continues in its current trajectory, […]
EUR/CHF is heading towards the resistance line of a Channel Up. If this movement continues, we expect the price of EUR/CHF to test 1.1039 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up […]
