Daily Forex Update: CAD/JPY

By: Dima Chernovolov CAD/JPY continues to rise inside the Clear Rising Wedge which was recently identified by Autochartist on the hourly charts. Autochartist rates the Quality of this Rising Wedge at the 6 bar level – which is the result of the slow Initial Trend (3 bars), above-average Uniformity (7 bars) and near-maximum Clarity (9 […]

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By: Dima Chernovolov NZD/USD continues to rise after the earlier breakout of the daily Falling Wedge chart pattern which was recently identified by Autochartist. Autochartist measures the Quality of this Falling Wedge at the 7 bar level – which is the result of the significant Initial Trend (7 bars) and above-average Uniformity and Clarity (both […]

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Daily Forex Update: EUR/CHF

By: Dima Chernovolov Autochartist recently identified the Clear Ascending Triangle chart pattern on the hourly charts. Autochartist rates the Quality of this Ascending Triangle at the 4 bar level – which is the result of the slow Initial Trend and Uniformity (both rated at the 2 bar level) and near-maximum Clarity (8 bars). EUR/CHF is […]

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By: Dima Chernovolov NZD/CHF 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 5 bar level – which is the result of the slow Initial Trend (2 bars), above-average Uniformity (6 bars) and near-maximum […]

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By: Dima Chernovolov AUD/CHF continues to rise inside the Down Channel chart pattern, which was previously identified by Autochartist on the 4-hour charts. Autochartist rates the Quality of this Down Channel at the 5 bar level – which reflects the slow Initial Trend (3 bars), below-average Uniformity (4 bars) and significant Clarity (9 bars). AUD/CHF […]

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Daily Forex Update: EUR/AUD

By: Dima Chernovolov EUR/AUD continues to rise strongly inside the Up Channel chart pattern, which was recently identified by Autochartist on the daily charts. Autochartist measures the Quality of this Up Channel at the 5 bar level – which is the result of the low Initial Trend (one bar), above-average Uniformity (6 bars) and substantial […]

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Daily Forex Update: EUR/CAD

By: Dima Chernovolov EUR/CAD continues to rise inside the Clear Up Channel chart pattern, which was previously identified by Autochartist on the daily charts. Autochartist rates the Quality of this Up Channel at the 5 bar level – which reflects the slow Initial Trend (1 bar), significant Uniformity (7 bars) and near-maximum Clarity (rated at […]

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By: Dima Chernovolov EUR/USD continues to advance inside the Rising Wedge chart pattern, which was recently identified by Autochartist on the daily charts. Autochartist measures the Quality of this Rising Wedge at the 3 bar level – which reflects the slow Initial Trend (2 bars) and below-average Uniformity and Clarity (both rated at the 4 […]

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By: Dima Chernovolov AUD/NZD continues to rise inside the clear Down Channel chart pattern, which was previously identified by Autochartist on the daily charts. Autochartist rates the Quality of this Down Channel at the 7 bar level – which is the result of the sharp Initial Trend (10 bars), lower Uniformity (3 bars), and significant […]

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Daily Forex Update: GBP/NZD

By: Dima Chernovolov GBP/NZD continues to rise after the earlier breakout of the Key Resistance level 1.8827, which was recently identified by Autochartist on the 4-hour charts. Autochartist rates the Significance of this key level at the 5 bar level – which is the result of the five earlier price reversals from this price level. […]

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