By: Dima Chernovolov NZD/USD continues to fall inside the hourly Falling Wedge chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Falling Wedge at the 5-bar level – which is the result of the slow Initial Trend (1 bar), above-average Uniformity (6 bars) and near-maximum Clarity (8 bars). NZD/USD is […]
By: Dima Chernovolov NZD/USD recently broke the daily Ascending Triangle chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Ascending Triangle at the 7-bar level – which reflects the slow Initial Trend (2 bars) and strong Uniformity and significant Clarity (9 bars). NZD/USD is expected to rise toward the forecast […]
By: Dima Chernovolov NZD/USD continues to rise inside the hourly Rising Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 4-bar level – which reflects the below-average Initial Trend (4 bars), lower Uniformity (2 bars) and above-average Clarity (6 bars). NZD/USD is expected to rise […]
By: Dima Chernovolov NZD/USD continues to fall inside the 4-hour Rising Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 5-bar level – which is the result of the medium Initial Trend (5 bars), above-average Uniformity (6 bars) and medium Clarity (5 bars). NZD/USD is […]
By: Dima Chernovolov NZD/USD continues to fall inside the 4-hour Rising Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 7-bar level – which is the result of the strong Initial Trend (10 bars), above-average Uniformity (6 bars) and medium Clarity (5 bars). NZD/USD is […]
By: Dima Chernovolov NZD/USD continues to fall inside the hourly Down Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel at the 5-bar level – which reflects the medium Initial Trend (5 bars), lower Uniformity (3 bars) and significant Clarity (7 bars). NZD/USD is expected to fall […]
By: Dima Chernovolov NZD/USD continues to rise toward the key resistance level 0.6332, which was previously identified by Autochartist on the hourly charts. Autochartist rates the Significance of this resistance level at the 8-bar level – which is the result of the 8 previous reversals from this price level. NZD/USD expected to soon reach the […]
By: Dima Chernovolov NZD/USD continues to fall inside the well-formed 4-hour Flag chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Flag at the 7-bar level – which is the result of the sharp Initial Trend (9 bars), lower Uniformity (3 bars) and strong Clarity (8 bars). NZD/USD is expected […]
By: Dima Chernovolov NZD/USD continues to rise inside the 4-hour Rising Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 4-bar level – which is the result of the slow Initial Trend (1 bar), average Uniformity (5 bars) and higher Clarity (6 bars). NZD/USD is […]
NZD/USD is heading towards a line of 0.6328. If this movement continues, we expect the price of NZD/USD to test 0.6328 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like […]
