By: Dima Chernovolov EUR/JPY continues to rise inside the daily Rising Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 4-bar level – which reflects the slow Initial Trend (1 bar), significant Uniformity (7 bars) and lower Clarity (3 bars). EUR/JPY is expected to rise […]
By: Dima Chernovolov EUR/JPY recently broke the 30-minute Ascending Triangle chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Ascending Triangle at the 5-bar level – which is the result of the slow Initial Trend (1 bar), average Uniformity (5 bars) and higher Clarity (6 bars). EUR/JPY is expected to […]
By: Dima Chernovolov EUR/JPY recently broke the 4-hour Triangle chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Triangle at the 7-bar level – which is the result of the slow Initial Trend (3 bars), significant Uniformity and Clarity (8 bars). EUR/JPY is expected to rise toward the forecast price […]
By: Dima Chernovolov EUR/JPY continues to rise inside the hourly Down Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel at the 5-bar level – which is the result of the above-average Initial Trend (6 bars), lower Uniformity (3 bars), and medium Clarity (5 bars). EUR/JPY is […]
By: Dima Chernovolov EUR/JPY continues to fall inside the clear 15-minute Falling Wedge chart pattern which was recently 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 (2 bars), average Uniformity (5 bars) and strong Clarity (8 bars). EUR/JPY […]
By: Dima Chernovolov EUR/JPY continues to fall inside the uniform 30-minute Down Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel at the 6-bar level – which is the result of the slow Initial Trend (3 bars), above-average Uniformity (6 bars) and strong Clarity (8 bars). EUR/JPY […]
EUR/JPY is heading towards the resistance line of a Channel Down and could reach this point within the next 2 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 […]
EUR/JPY is approaching the support line of a Channel Down. It has touched this line numerous times in the last 7 days. If it tests this line again, it should do so in the next 2 days. Did you know that our social media feeds are updated only 3x per day, and don’t look at […]
EUR/JPY has broken through a resistance line of a Double Bottom and suggests a possible movement to 121.6420 within the next 2 days. 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 […]
EUR/JPY has broken through a support line of a Channel Up chart pattern. If this breakout holds true, we expect the price of EUR/JPY to test 120.3147 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before […]
