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 […]

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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 […]

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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 […]

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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). […]

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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). […]

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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 […]

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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). […]

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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 […]

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