By: Dima Chernovolov I recently subscribed to Autochartist’s latest e-mail feature and received this trade opportunity alert this morning. Autochartist’s latest feature provides traders with a quick morning technical outlook of the markets.     CAD/CHF continues to rise inside the hourly Triangle chart pattern identified by Autochartist. The pair is expected to rise toward the target level 0.9115 in the next 2 trading days. The stop-level for this bullish forecast is set by Autochartist at the nearby support level 0.8987 (point A on the chart below, the last reversal point of the lower support trendline of this Triangle). This point formed recently when CAD/CHF reversed up from the support area surrounding the major long-term round support level 0.9000 (which has reversed all downward impulses of this currency pair from February of last year, as you can see on the second chart below).

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By: Dima Chernovolov I recently subscribed to Autochartist’s latest e-mail feature and received this trade opportunity alert this morning. Autochartist’s latest feature provides traders with a quick morning technical outlook of the markets.   EUR/NZD continues to rise after the recent breakout of the Flag chart pattern identified by Autochartist on the 4-hour charts – as you can see from the following trade opportunity alert that I received recently for this currency pair. EUR/NZD is expected to rise toward the target level 1.6880 (point B) in the next 16 hours. This target level corresponds to the last reversal point of the upper resistance trendline of this chart pattern (point B). Autochartist sets the stop-level for this forecast at 1.6388 (point A, the bottom of this Flag). This point formed earlier – when the pair corrected up from the support zone lying between the former monthly high 1.6355 (from the end of January) as well as the 38.2% Fibonacci Retracement of the preceding upward price impulse (serving as the “flag-pole” of this Flag).

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By: Dima Chernovolov I recently subscribed to Autochartist’s latest e-mail feature and received this trade opportunity alert this morning. Autochartist’s latest feature provides traders with a quick morning technical outlook of the markets.   EUR/CAD recently broke the Key resistance level 1.3540 identified by Autochartist on the daily charts. The pair is expected to continue upward movement toward the target level 1.3792 in the next 23 hours. The breakout of this Key Level continues the strong medium-term uptrend from August of 2012 visible on the daily EUR/CAD charts. The pair recently corrected up from this Key Level and is set to rise further toward 1.3792 in the nearest time - which can also be seen from the Volatility Analysis shown below.

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By: Dima Chernovolov I recently subscribed to Autochartist’s latest e-mail feature and received this trade opportunity alert this morning. Autochartist’s latest feature provides traders with a quick morning technical outlook of the markets.   As you can see from the following trade opportunity alert for USD/CHF, this currency pair recently broke the lower support trendline of the daily Up Channel chart pattern identified by Autochartist. The pair is expected to continue the downward movement in the direction of the target level 0.9039 in the next 3 trading days. The pair recently corrected shortly up from the support level 0.9205 (point A, which is the level of the last reversal point of the lower support trendline of this chart pattern). This level was given earlier when this setup was initially identified by Autochartist (as you can see on the second chart below) and could have been used to take profits on the sell entries.  

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By: Dima Chernovolov I recently subscribed to Autochartist’s latest e-mail feature and received this trade opportunity alert this morning. Autochartist’s latest feature provides traders with a quick morning technical outlook of the markets. AUD/USD has recently reversed sharply up from the lower support trendline of the 4-hour Down Channel identified by Autochartist – as you can see on the following trade opportunity alert for this currency pair. The pair is expected to rise to the target level 0.9793 in the next 3 trading days. Autochartist set the stop level for this forecast at the bottom of this Down Channel at 0.9325 (point A). This point was formed earlier when the AUD/USD corrected up from the support zone surrounding the major support level 0.9360 (which had previously reversed the pair sharply up in November of 2011, having earlier served as the major resistance barrier for the pair from the end of 2009 to the middle of 2010, as you can see on the second chart below). The upward-sloping moving average confirms this forecast.

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