Daily Forex Update: EUR/GBP

By: Dima Chernovolov EUR/GBP continues to fall inside the clear Falling Wedge chart pattern which was recently identified by Autochartist on the 15-minute charts. Autochartist rates the quality of this Falling Wedge at the 7-bar level – which is the result of the sharp Initial Trend (10 bars), low Uniformity (one bar) and maximum Clarity […]

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By: Dima Chernovolov EUR/GBP continues to rise inside the long-term Up Channel chart pattern which was previously identified by Autochartist on the daily charts. Autochartist rates the quality of this Up Channel at the 5-bar level – which reflects the slow Initial Trend (2 bars), low Uniformity (3 bars) and near-maximum Clarity (9 bars). EUR/GBP […]

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By: Dima Chernovolov EUR/GBP continues to fall inside the uniform Down Channel which was recently identified by Autochartist on the 30-minute charts. Autochartist rates the quality of this Down Channel at the 4-bar level – which is the result of the slow Initial Trend (one bar), significant Uniformity (8 bars) and lower Clarity (2 bars). […]

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By: Dima Chernovolov EUR/GBP continues to fall inside the well-formed Down Channel chart pattern which was previously identified by Autochartist on the 4-hour charts. Autochartist rates the quality of this Down Channel at the 9-bar level – which is the result of the sharp Initial Trend (10 bars), and high Uniformity and Clarity (rated at […]

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By: Dima Chernovolov EUR/GBP continues to rise inside the Clear Up Channel chart pattern which was previously identified by Autochartist on the hourly charts. Autochartist rates the quality of this Up Channel at the 6-bar level – which reflects the average Initial Trend (5 bars), higher Uniformity (6 bars) and significant Clarity (rated at the […]

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Daily Forex Update: EUR/GBP

By: Dima Chernovolov EUR/GBP continues to rise inside the clear Up Channel chart pattern was previously identified by Autochartist on the 4-hour charts. Autochartist measures the Quality of this Up Channel at the 5 bar level – which is the result of the low Initial Trend (2 bars), above-average Uniformity (6 bars) and significant Clarity […]

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Daily Forex Update: EUR/GBP

By: Dima Chernovolov EUR/GBP continues to rise inside the well-formed Rising Wedge chart pattern was previously identified by Autochartist on the 4-hour charts. Autochartist rates the Quality of this Rising Wedge at the 8 bar level – which reflects the significant Initial Trend (7 bars) and strong Uniformity and Clarity (both rated at the 8 […]

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By: Dima Chernovolov EUR/GBP continues to rise following the earlier breakout of the Key Resistance Level 0.8632, which was previously identified by Autochartist on the 4-hour charts. Autochartist rates the significance of this Resistance level at the 3-bar level – which is the result of the three recent price reversals from this price level. The […]

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Daily Forex Update: EUR/GBP

By: Dima Chernovolov EUR/GBP continues to rise after the earlier breakout of the Uniform Triangle chart pattern which was previously identified by Autochartist on the hourly EUR/GBP charts. Autochartist rates the Quality of this chart pattern at the 6-bar level – which reflects the low Initial trend (3 bars), high Uniformity (10 bars) and significant […]

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By: Dima Chernovolov EUR/GBP has been rising sharply in the last few trading sessions – following the earlier breakout of the high-quality daily Down Channel chart pattern which was previously identified by Autochartist. The overall Quality of this chart pattern is measured at the 9 bar level – which reflects strong Initial Trend  (10 bars) […]

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