By: Dima Chernovolov GBP/AUD has been falling in the last few trading sessions after the earlier downward reversal from the top of the daily Up Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 6-bar level – which is the result of the slow Initial […]

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Daily Forex Update: GBP/AUD

By: Dima Chernovolov GBP/AUD continues to fall after the recent breakout of the daily Up Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 7-bar level – which reflects the strong Initial Trend (9 bars), average Uniformity (5 bars) and significant Clarity (8 bars). GBP/AUD […]

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Daily Forex Update: GBP/AUD

By: Dima Chernovolov GBP/AUD continues to rise inside the 4-hour Up Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 4-bar level – which is the result of the slow Initial Trend (3 bars) and average Uniformity and Clarity (both rated at the 5 bar […]

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By: Dima Chernovolov GBP/AUD continues to rise inside the uniform Rising Wedge chart pattern which was recently identified by Autochartist on the hourly charts. Autochartist rates the quality of this Rising Wedge at the 3-bar level – which is the result of the slow Initial Trend (one bar), above-average Uniformity (6 bars) and lower Clarity […]

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By: Dima Chernovolov GBP/AUD has been rising in the last few trading sessions inside the clear Up Channel chart pattern which was 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 (2 bars), below-average Uniformity (4 bars) and […]

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Daily Forex Update: GBP/AUD

By: Dima Chernovolov GBP/AUD continues to fall inside the Down Channel chart pattern which was previously identified by Autochartist on the 15-minute charts. Autochartist rates the quality of this Down Channel at the 5-bar level – which reflects the medium-strength Initial Trend (5 bars), above-average Uniformity (6 bars) and lower Clarity (3 bars). GBP/AUD is […]

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By: Dima Chernovolov GBP/AUD continues to fall inside the well-formed Falling Wedge chart pattern which was previously identified by Autochartist on the 30-minute charts. Autochartist rates the Quality of this Falling Wedge at the 8-bar level – which is the result of the sharp Initial Trend (10 bars), significant Uniformity (7 bars) and higher Clarity […]

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By: Dima Chernovolov Autochartist recently identified the Falling Wedge chart pattern on the hourly GBP/AUD charts. 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 near-maximum Clarity (9 bars). GBP/AUD is expected to continue […]

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By: Dima Chernovolov GBP/AUD continues to rise after the earlier breakout of the Key Resistance level 1.6756, which was recently identified by Autochartist on the daily charts. Autochartist measures the Significance of this key level at the 3 bar level – which is the result of the three previous price reversals from this resistance level. […]

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Daily Forex Update: GBP/AUD

By: Dima Chernovolov GBP/AUD continues to fall after the recent breakout of the clear Triangle chart pattern which was recently identified by Autochartist on the hourly charts. Autochartist measures the Quality Triangle at the 5 bar level – which reflects the medium Initial Trend (4 bars), above-average Uniformity (6 bars) and maximum Clarity (rated at […]

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