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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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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By: Dima Chernovolov NZD/CAD continues to rise inside the clear Up Channel chart pattern was previously identified by Autochartist on the daily charts. Autochartist rates the Quality of this Up Channel at the 5-bar level – which is the result of the slow Initial Trend (1 bar), average Uniformity (5 bars) and near-maximum Clarity (9 […]

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Daily Forex Update: GBP/USD

By: Dima Chernovolov GBP/USD continues to fall inside the Down Channel chart pattern was recently identified by Autochartist on the 30-minute. Autochartist rates the Quality of this Down Channel at the 6-bar level – which is the result of the slow Initial Trend (2 bars), strong Uniformity (8 bars) and near-maximum Clarity (9 bars). GBP/USD […]

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Daily Forex Update: CAD/JPY

By: Dima Chernovolov CAD/JPY continues to rise inside the well-formed Up Channel chart pattern was recently identified by Autochartist o the 30-minute. Autochartist rates 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 (7 bars) and significant Clarity (8 bars). […]

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By: Dima Chernovolov AUD/CAD continues to rise inside the clear Up Channel chart pattern was previously identified by Autochartist. Autochartist rates the Quality of this Up Channel at the 6-bar level – which is the result of the slow Initial Trend (3 bars), below-average Uniformity (4 bars) and substantial Clarity (9 bars). AUD/CAD is expected […]

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By: Dima Chernovolov AUD/USD continues to fall inside the clear Up Channel chart pattern was previously identified by Autochartist on the 4-hours charts. Autochartist measures the Quality of this Up Channel at the 4 bar level – which is the result of the slow Initial Trend (1 bar), below-average Uniformity (3 bars) and near-maximum Clarity […]

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By: Dima Chernovolov USD/CAD continues to fall inside the uniform Falling Wedge chart pattern was recently identified by Autochartist on the 30-minute charts. Autochartist rates the Quality of this Falling Wedge at the 3 bar level – which is the result of the slow Initial Trend (1 bar), above-average Uniformity (7 bars) and lower Clarity […]

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Daily Forex Update: CAD/CHF

By: Dima Chernovolov CAD/CHF recently broke the Falling Wedge chart pattern was previously identified by Autochartist on the 4-hour charts. Autochartist rates the Quality of this Falling Wedge at the 8 bar level – which is the result of the average Initial Trend (5 bars) and substantial Uniformity and Clarity (both rated at the 9 […]

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