By: Dima Chernovolov NZD/JPY continues to rise inside the Clear Up Channel chart pattern was recently identified by Autochartist on the hourly charts. Autochartist measures the Quality of this Up Channel at the 5 bar level – which reflects the slow Initial Trend and Uniformity (both rated at the 3 bar level) and near-maximum Clarity […]

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Daily Forex Update: NZD/JPY

By: Dima Chernovolov NZD/JPY recently broke the Key Support level 80.3290, which was previously identified by Autochartist on the daily charts. Autochartist measures the Significance of this support level at the below-average 4 bar level – which corresponds to the four previous price reversals from this price level. NZD/JPY is expected to fall to the […]

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By: Dima Chernovolov Autochartist recently identified the Key Resistance level 81.6080 (of the type Approach) on the 30-minute NZD/JPY charts. Autochartist rates the Significance of this resistance level at the above-average 7 bar level – which is the result of the seven previous price reversals from this price level. AUD/NZD is expected to reach this […]

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By: Dima Chernovolov NZD/JPY continues to rise inside the 4-hour Triangle chart pattern which was previously identified by Autochartist. Autochartist measures the Quality of this chart pattern at the 6 bar level – which is the result of the medium Initial Trend (10 bars) and above-average Uniformity and Clarity (both rated at the 6-bar level). […]

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Daily Forex Update: NZD/JPY

By: Dima Chernovolov NZD/JPY recently broke the Clear Triangle chart pattern which was previously identified by Autochartist on the 4-hours charts. Autochartist measures the Quality of this Triangle at the 6 bar level – which is the result of the slow Initial Trend (2 bars), average Uniformity (5 bars) and substantial Clarity (8 bars). Autochartist […]

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By: Dima Chernovolov NZD/JPY continues to fall toward the Key Support level 80.69 (of the type Approach), which was recently identified by Autochartist on the 4-hour charts. Autochartist rates the Significance of this Support level at the 4-bar level – which is the result of the four previous price reversals from this price level. NZD/JPY […]

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