Daily Forex Update: EUR/JPY

By: Dima Chernovolov EUR/JPY recently broke the 4-hour Falling Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Falling Wedge at the 7-bar level – which reflects the slow Initial Trend (3 bars), average Uniformity (5 bars) and near-maximum Clarity (9 bars). Autochartist rates the strength of this breakout […]

Read More
Daily Forex Update: EUR/JPY

By: Dima Chernovolov EUR/JPY continues to fall inside the clear Down Channel chart pattern which was previously identified by Autochartist on the hourly charts. Autochartist rates the quality of this Down Channel at the 4-bar level – which is the result of the slow Initial Trend and Uniformity (both rated at the one bar level) […]

Read More

By: Dima Chernovolov EUR/JPY continues to rise inside the clear 15-minute Up Channel chart pattern which previously identified by Autochartist. Autochartist rates the quality of this Up Channel at the 5-bar level – which is the result of the slow Initial Trend and Uniformity (both rated at the 3 bar level) and substantial Clarity (8 […]

Read More
Daily Forex Update: EUR/JPY

By: Dima Chernovolov EUR/JPY continues to rise inside the Up Channel chart pattern which was recently identified by Autochartist on the hourly charts. Autochartist rates the quality of this Up Channel at the 3-bar level – which is the result of the equally rated Initial Trend, Uniformity and Clarity. EUR/JPY is expected to rise further […]

Read More
Daily Forex Update: EUR/JPY

By: Dima Chernovolov EUR/JPY continues to rise inside the clear 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 6-bar level – which reflects the significant Initial Trend (7 bars),  below-average Uniformity (4 bars)  and higher Clarity (8 bars). The […]

Read More

By: Dima Chernovolov EUR/JPY recently broke the Ascending Triangle chart pattern which was previously identified by Autochartist on the hourly charts. Autochartist rates the quality of this Ascending Triangle at the 6 bar level – which is the result of the slow Initial Trend (one bar), average Uniformity (5 bars) and higher Clarity (7 bars). […]

Read More

By: Dima Chernovolov EUR/JPY continues to fall inside the clear 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 5 bar level – which reflects the slow Initial Trend (one bar), below-average Uniformity (4 bars) and near-maximum Clarity (9 bars). […]

Read More
Daily Forex Update: EUR/JPY

By: Dima Chernovolov EUR/JPY continues to rise inside the well-formed Rising Wedge chart pattern which was recently identified by Autochartist on the 30-minutes charts. Autochartist rates the Quality of this Rising Wedge at the 6-bar level – which is the result of the slow Initial Trend (one bar), significant Uniformity (8 bars) and near-maximum Clarity […]

Read More

By: Dima Chernovolov EUR/JPY previously broke the daily Falling Wedge chart pattern which was recently identified by Autochartist. Autochartist measures the Quality of this Falling Wedge at the 6 bar level – which is the result of the slow Initial Trend (1 bar) and near-maximum Uniformity and Clarity (both rated at the 9 bar level). […]

Read More
Daily Forex Update: EUR/JPY

By: Dima Chernovolov Autochartist recently identified the breakout of the high-quality Falling Wedge chart pattern on the 4-hour EUR/JPY charts. The overall Quality of this Falling Wedge is rated by Autochartist at the 8 bar  level – which reflects strong Initial Trend and Uniformity (both rated similarly at the 8 bar level) and above-average Clarity […]

Read More