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Blog & Market Analysis

By: Dima Chernovolov EUR/USD continues to rise after the earlier breakout the Key Resistance level 1.1300 which was recently identified by Autochartist on the daily charts. The length of this Resistance level is equal to 256 candles. Autochartist measures the Significance of this Resistance level at the 6-bar level – which reflects the six previous […]
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Daily Forex Update: AUD/USD
By: Dima Chernovolov AUD/USD continues to rise inside the daily Rising Wedge chart pattern was previously 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), above-average Uniformity (7 bars) and near-maximum Clarity (9 bars). AUD/USD is expected […]
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