By: Dima Chernovolov AUD/USD continues to fall inside the well-formed Falling Wedge chart pattern which was recently identified by Autochartist on the daily charts. Autochartist rates the quality of this Falling Wedge at the 5-bar level – which is the result of the slow Initial Trend (2 bars) and significant Uniformity and Clarity (both rated […]

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By: Dima Chernovolov AUD/USD continues to rise inside the well-formed Up Channel chart pattern which was recently identified by Autochartist on the 15-minute charts. Autochartist rates the quality of this Up Channel at the 8-bar level – which reflects the strong Initial Trend (7 bars) and near-maximum Uniformity and significant Clarity (both rated at the […]

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Daily Forex Update: AUD/USD

By: Dima Chernovolov AUD/USD continues to fall inside the well-formed 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 7-bar level – which is the result of the slow Initial Trend (5 bars), significant Uniformity (8 bars) and higher Clarity […]

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By: Dima Chernovolov AUD/USD recently broke 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 7 bar level – which reflects the slow Initial Trend (4 bars), below-average Uniformity (4 bars) and significant Clarity (8 bars). Autochartist measures the […]

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Daily Forex Update: AUD/USD

By: Dima Chernovolov AUD/USD continues to rise in the direction of the Key Resistance level 0.7741 which was previously identified by Autochartist on the daily charts. The length of this Resistance level is equal to 243 candles (trading days). Autochartist measures the Significance of this Resistance level at the strong 7-bar level – which reflects […]

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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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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 AUD/USD continues to fall inside the Clear Falling Wedge pattern which was previously identified by Autochartist on the 30-minute charts. Autochartist rates the Quality of this Falling Wedge at the 6 bar level – which is the result of the low Initial Trend (1 bar), above-average Uniformity (6 bars), and maximum Clarity […]

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Daily Forex Update: AUD/USD

By: Dima Chernovolov AUD/USD continues to rise after the earlier breakout of the Clear Down Channel chart pattern which was recently identified by Autochartist on the 4-hour charts. Autochartist measures the Quality of this Down Channel at the 7 bar level – which is the result of the sharp Initial Trend (rated at the maximum […]

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By: Dima Chernovolov AUD/USD continues to fall inside the Clear Falling Wedge chart pattern which was previously identified by Autochartist on the 4-hours charts. Autochartist rates the Quality of this Falling Wedge at the 5 bar level – which is the result of the low Initial Trend (2 bars), average Uniformity (5 bars) and higher […]

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