Daily Forex Update: USD/JPY

By: Dima Chernovolov USD/JPY recently reversed down from the resistance trendline of the Up Channel which was previously identified by Autochartist on the daily charts. Autochartist rates the Quality of this chart pattern at the 8 bar level – which reflects the sharp Initial Trend (10 bars), above-average Uniformity (6 bars) and significant Clarity (7 […]

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By: Dima Chernovolov USD/JPY recently broke the Uniform Triangle chart pattern which was earlier identified by Autochartist on the daily charts. Autochartist measures the Quality of this Triangle at the 5-bar level – which is the result of the average Initial Trend (5 bars), near-maximum Uniformity (9 bars) and significant Clarity (8 bars). USD/JPY is […]

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