Daily Forex Update: NZD/USD

By: Dima Chernovolov NZD/USD continues to fall after the recent breakout of the clear Up Channel chart pattern which was previously identified by Autochartist on the hourly charts. Autochartist measures the Quality of this Up Channel at the 7 bar level – which reflects the average Initial Trend (5 bars), higher Uniformity (6 bars) and […]

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By: Dima Chernovolov NZD/USD continues to rise after the recent breakout of the Triangle chart pattern which was previously identified by Autochartist on the 4-hour charts. Autochartist rates the Quality of this Triangle at the 4 bar level – which reflects the below-average Initial Trend (4 bars), higher Uniformity (6 bars), and medium Clarity (5 […]

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Daily Forex Update: NZD/USD

By: Dima Chernovolov Autochartist recently identified the breakout of the 4-hour Key Resistance level on the NZD/USD charts. The length of this Resistance level is equal to 75 candles. Autochartist measures the Significance of this Resistance level at the 4-bar level – which reflects the 4 previous price reversals from this price level. NZD/USD is […]

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