By: Dima Chernovolov USD/JPY recently broke the 15-minute Rising Wedge which was recently identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 6-bar level – which is the result of the slow Initial Trend (2 bars), strong Uniformity (8 bars) and lower Clarity (3 bars). USD/JPY is expected to fall toward […]

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By: Dima Chernovolov USD/JPY continues to rise after the earlier breakout of the Key Resistance Level 111.3830, which was previously identified by Autochartist on the 4-hour charts. Autochartist rates the Significance of this Resistance Level at the 4 bar level – which is the result of the four previous price reversals from this price level. USD/JPY is expected […]

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By: Dima Chernovolov USD/JPY continues to rise inside the 30-minute Rising Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 8-bar level – which is the result of the sharp Initial Trend (8 bars) and strong Uniformity and Clarity (both rated at the 9 bar […]

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By: Dima Chernovolov USD/JPY continues to rise inside the 30-minute Up Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Up Channel at the 4-bar level – which is the result of the slow Initial Trend (one bar), medium Uniformity (5 bars) and higher Clarity (6 bars). USD/JPY expected […]

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By: Dima Chernovolov USD/JPY continues to rise inside the clear 15-minute Up Channel pattern which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 6-bar level – which is the result of the average Initial Trend (5 bars), lower Uniformity (4 bars) and strong Clarity (8 bars). USD/JPY is […]

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By: Dima Chernovolov USD/JPY continues to rise inside the clear Up Channel chart pattern which was previously identified by Autochartist on the hourly charts. Autochartist rates the quality of this Up Channel at the 4-bar level – which is the result of the slow Initial Trend (2 bars) and medium Uniformity and Clarity (both rated […]

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By: Dima Chernovolov USD/JPY continues to fall inside the uniform Down Channel chart pattern which was previously identified by Autochartist on the daily charts. Autochartist rates the quality of this Down Channel at the 5-bar level – which is the result of the slow Initial Trend (2 bars), above-average Uniformity (6 bars) and higher Clarity […]

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By: Dima Chernovolov USD/JPY continues to fall inside the clear Down Channel chart pattern which was previously identified by Autochartist on the 30-minute charts. Autochartist rates the quality of this Down Channel at the 4-bar level – which reflects the slow Initial Trend (2 bars), below-average Uniformity (3 bars) and significant Clarity (8 bars). USD/JPY […]

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Daily Forex Update: USD/JPY

By: Dima Chernovolov USD/JPY continues to fall inside the daily Down Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel at the 4-bar level – which reflects the slow Initial Trend (one bar), below-average Uniformity (4 bars) and significant Clarity (7 bars). USD/JPY is expected to fall […]

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Daily Forex Update: USD/JPY

By: Dima Chernovolov USD/JPY continues to fall inside the 4-hour Down Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Down Channel at the 6-bar level – which is the result of the slow Initial Trend (3 bars), above-average Uniformity (6 bars) and significant Clarity (7 bars). USD/JPY is […]

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