Daily Forex Update: NZD/CAD

By: Dima Chernovolov Autochartsit recently identified the clear Flag chart on the 4-hour NZD/CAD charts. Autochartsit rates the overall Quality of this chart pattern at the 8-bar level – which is the result of the sharp Initial Trend (reflecting the strength of the preceding upward impulse, which Is the “flag-pole” of this Flag), average Uniformity […]

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Daily Forex Update: NZD/CAD

By: Dima Chernovolov Autochartist recently identified the Clear Triangle chart pattern on the 4-hour NZD/CAD charts. Autochartist rates the Quality of this chart pattern at the 6-bar level – which is the result of the slow Initial Trend (1 bar), above-average Uniformity (6-bars) and maximum Clarity (10 bars). High Clarity reflects the sharpness of the […]

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Daily Forex Update: NZD/CAD

By: Dima Chernovolov NZD/CAD recently broke the Key Support level 0.9137, which was previously identified by Autochartist on the 4-hour charts. Autochartist rates the Significance of this support level at the 5 bar level – which corresponds to the 5 recent price reversals from this price level. NZD/CAD is expected to fall further to the […]

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