Daily Forex Update: NZD/JPY

By: Dima Chernovolov NZD/JPY continues to fall after the earlier breakout of the Rising Wedge chart pattern which was previously identified by Autochartist on the daily charts. Autochartist rates the quality of this Rising Wedge at the 3 bar level – which reflects the medium Initial Trend (6 bars) and significant Uniformity and Clarity (both […]

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Daily Forex Update: NZD/JPY

By: Dima Chernovolov NZD/JPY continues to rise inside the clear Up Channel chart pattern which was recently identified by Autochartist on the 4-hour charts. Autochartist rates the Quality of this Up Channel at the 7-bar level – which is the result of the slow Initial Trend (4 bar), significant Uniformity (7 bars) and high Clarity […]

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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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