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Blog & Market Analysis

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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Daily Forex Update: NZD/USD
By: Dima Chernovolov NZD/USD continues to rise inside the 4-hour Up Channel chart pattern was previously identified by Autochartist. Autochartist measures the Quality of this Up Channel at the 4-bar level – which reflects the slow Initial Trend (1 bar), below-average Uniformity (3 bars) and maximum Clarity (10 bars). NZD/USD is expected to rise further […]
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