Signals & Market Research - By Autochartist

Daily Forex Update: CAD/CHF

Fri, 25 May 2018 06:53:28


By: Dima Chernovolov

CAD/CHF continues to fall inside the hourly Falling Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Falling Wedge at the 5-bar level – which is the result of the slow Initial Trend (4 bars), strong Uniformity (8 bars) and average Clarity (5 bars). CAD/CHF is expected to fall further inside this chart pattern – in line with the earlier breakout of the key support area shown below.

25052018dailyfximage1

As can be seen from the daily CAD/CHF chart below, the price earlier broke the support zone lying between the key support level 0.7730 (former resistance from April), support trendline of the daily up channel and the 61.8% Fibonacci correction of the upward price impulse from last month.  This price area is acting as resistance zone after it was broken. The proximity of this resistance zone increases the probability CAD/CHF will continue to decline inside this Falling Wedge.

25052018dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

 

For further information on this and other Autochartist products visit www.autochartist.com


Daily Forex Update: AUD/JPY

Thu, 24 May 2018 08:53:54


By: Dima Chernovolov

AUD/JPY continues to fall inside the daily Up Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Up Channel at the 8-bar level – which is the result of the sharp Initial Trend (10 bars), average Uniformity (5 bars) and high Clarity (8 bars). AUD/JPY is expected to fall further inside this Up Channel – in line with the earlier downward reversal from the resistance area shown below.

24052018dailyfximage1

As can be seen from the daily AUD/JPY chart below, the top of this Up Channel formed when the pair reversed down with the daily Evening Star from the resistance zone lying between the key resistance level 84.40 (which reversed the previous upward correction 4 in March) and the 50% Fibonacci correction of the downward price impulse from January. The proximity of this resistance zone increases the probability AUD/JPY will continue to fall inside this Up Channel.

24052018dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

 

For further information on this and other Autochartist products visit www.autochartist.com


Daily Forex Update: EUR/CHF

Wed, 23 May 2018 07:18:21


By: Dima Chernovolov

EUR/CHF continues to fall inside the 4-hour Falling Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Falling Wedge at the 4-bar level – which is the result of the slow Initial Trend (one bar), below-average Uniformity (4 bars) and strong Clarity (8 bars). EUR/CHF is expected to fall further inside this Falling Wedge – in line with the earlier breakout of the support area shown below.

23052018dailyfximage1

As can be seen from the daily EUR/CHF chart below, the price earlier broke the support zone lying between the key support level 1.1660 (which reversed the previous minor correction 4 in March) and the 61.8% Fibonacci correction of the upward price impulse from February. This price zone is acting as resistance area after it was broken. The proximity of this resistance zone increases the probability EUR/CHF will continue to fall inside this Falling Wedge.

23052018dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

 

For further information on this and other Autochartist products visit www.autochartist.com


Daily Forex Update: EUR/AUD

Tue, 22 May 2018 06:29:36


By: Dima Chernovolov

EUR/AUD recently broke the clear daily Up Channel pattern which was previously identified by Autochartist. Autochartist rates the quality of this Up Channel at the 7-bar level – which is the result of the below-average Initial Trend (4 bars), strong Uniformity (9 bars) and maximum Clarity (10 bars). EUR/AUD is expected to fall further toward the forecast price 1.5398 – which is also indicated by the technical setup shown below.

22052018dailyfximage1

As can be seen from the daily EUR/AUD chart below, the breakout of this Up Channel coincided with the breakout of the support zone lying between the key support level 1.5650 (which has been reversing the price from February) and the 61.8% Fibonacci correction of the upward price impulse from January. This price zone is acting as resistance area after it was broken. The proximity of this resistance area increases the probability EUR/AUD will continue to fall toward the forecast price 1.5398.

22052018dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

 

For further information on this and other Autochartist products visit www.autochartist.com


Daily Forex Update: USD/JPY

Mon, 21 May 2018 11:20:38


By: Dima Chernovolov

USD/JPY continues to rise inside the clear 15-minute Up Channel pattern which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 6-bar level – which is the result of the average Initial Trend (5 bars), lower Uniformity (4 bars) and strong Clarity (8 bars). USD/JPY is expected to rise further inside this Up Channel – in line with the earlier upward breakout of the major resistance zone shown below.

21052018dailyfximage1

As can be seen from the daily USD/JPY chart below, the price earlier broke through the resistance zone lying between the key resistance level 110.00 and the 50% Fibonacci correction of the downward impulse from November. This price zone is acting as support area after it was broken. The proximity of this support area increases the probability USD/JPY will continue rise inside this Up Channel.

21052018dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

 

For further information on this and other Autochartist products visit www.autochartist.com


Daily Forex Update: EUR/JPY

Fri, 18 May 2018 07:10:25


By: Dima Chernovolov

EUR/JPY recently broke the 4-hour Triangle chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Triangle at the 6-bar level – which is the result of the slow Initial Trend (2 bars), above average Uniformity (6 bars) and higher average Clarity (8 bars). EUR/JPY is expected to rise toward the forecast price 132.16 – in line with the earlier upward reversal from the powerful support level shown below.

18052018dailyfximage1

As can be seen from the daily EUR/JPY chart below, the price earlier reversed up with the daily Japanese candlesticks reversal pattern Hammer from the strong support level 129.60 (which has been reversing the price from March). The proximity of this support level increases the probability EUR/JPY will continue rise toward the forecast price 132.16.

18052018dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

 

For further information on this and other Autochartist products visit www.autochartist.com


Daily Forex Update: NZD/CAD

Thu, 17 May 2018 07:57:19


By: Dima Chernovolov

NZD/CAD continues to fall inside the 4-hour Down Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Down Channel at the 5-bar level – which is the result of the slow Initial Trend (one bar), strong Uniformity (8 bars) and above average Clarity (6 bars). NZD/CAD is expected to fall further inside this Down Channel – in line with the earlier breakout of the key support level below.

17052018dailyfximage1

As can be seen from the daily NZD/CAD chart below, the price earlier broke the pivotal support level 0.8860 (which also reversed the price multiple times at the start of January). This price level is acting as resistance after it was broken. The proximity of this resistance level and the strength of the active downward impulse wave increase the probability NZD/CAD will continue to fall inside this Down Channel.

17052018dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

 

For further information on this and other Autochartist products visit www.autochartist.com


Daily Forex Update: USD/CHF

Wed, 16 May 2018 07:23:42


By: Dima Chernovolov

USD/CHF recently reversed down from the top of the daily Up Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 8-bar level – which is the result of the sharp Initial Trend (10 bars), average Uniformity (6 bars) and near-maximum Clarity (9 bars). USD/CHF is expected to fall further inside this Up Channel – in line with the earlier downward reversal from the resistance zone shown below.

16052018dailyfximage1

As can be seen from the daily USD/CHF chart below, the top of this Up Channel formed when the price reversed down from the resistance zone lying between the long-term resistance level 1.0040 (multi-month high from last November) and the upper daily Bollinger Band. The proximity of this resistance zone and the overbought daily Stochastic increase the probability USD/CHF will continue to fall inside this Up Channel.

16052018dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

 

For further information on this and other Autochartist products visit www.autochartist.com


Daily Forex Update: EUR/AUD

Tue, 15 May 2018 06:53:11


By: Dima Chernovolov

EUR/AUD continues to rise inside the high-quality hourly Up Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 9-bar level – which is the result of the sharp Initial Trend (10 bars), above-average Uniformity (6 bars) and maximum Clarity (10 bars). EUR/AUD is expected to rise further inside this Up Channel – in line with the earlier upward reversal from the support zone shown below.

15052018dailyfximage1

As can be seen from the daily EUR/AUD chart below, the price earlier reversed up from the support zone lying between the key support level 1.5780 (which reversed the pair with the daily Hammer in April), lower daily Bollinger Band and the 50% Fibonacci correction of the previous sharp upward impulse from January. The proximity of this support zone increases the probability EUR/AUD will continue to rise inside this Up Channel.

15052018dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

 

For further information on this and other Autochartist products visit www.autochartist.com

 


Daily Forex Update: NZD/CHF

Mon, 28 May 2018 08:18:53


By: Dima Chernovolov

NZD/CHF continues to rise inside the clear daily Up Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Up Channel at the 8-bar level – which is the result of the sharp Initial Trend (10 bars), medium Uniformity (5 bars) and strong Clarity (9 bars). NZD/CHF is expected to rise further inside this Up Channel – in line with the earlier upward reversal from the key support area shown below.

28052018dailyfximage1

As can be seen from the daily NZD/CHF chart below, the price earlier reversed up from the combined support zone lying between the key support level 0.6825 (which reversed the price sharply in March), support trendline from December and the lower daily Bollinger Band. The proximity of this support zone increases the probability NZD/CHF will continue to rise inside this Up Channel.

28052018dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

 

For further information on this and other Autochartist products visit www.autochartist.com

Daily Forex Update: CAD/CHF

Fri, 25 May 2018 06:53:28


By: Dima Chernovolov

CAD/CHF continues to fall inside the hourly Falling Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Falling Wedge at the 5-bar level – which is the result of the slow Initial Trend (4 bars), strong Uniformity (8 bars) and average Clarity (5 bars). CAD/CHF is expected to fall further inside this chart pattern – in line with the earlier breakout of the key support area shown below.

25052018dailyfximage1

As can be seen from the daily CAD/CHF chart below, the price earlier broke the support zone lying between the key support level 0.7730 (former resistance from April), support trendline of the daily up channel and the 61.8% Fibonacci correction of the upward price impulse from last month.  This price area is acting as resistance zone after it was broken. The proximity of this resistance zone increases the probability CAD/CHF will continue to decline inside this Falling Wedge.

25052018dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

 

For further information on this and other Autochartist products visit www.autochartist.com

Daily Forex Update: AUD/JPY

Thu, 24 May 2018 08:53:54


By: Dima Chernovolov

AUD/JPY continues to fall inside the daily Up Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Up Channel at the 8-bar level – which is the result of the sharp Initial Trend (10 bars), average Uniformity (5 bars) and high Clarity (8 bars). AUD/JPY is expected to fall further inside this Up Channel – in line with the earlier downward reversal from the resistance area shown below.

24052018dailyfximage1

As can be seen from the daily AUD/JPY chart below, the top of this Up Channel formed when the pair reversed down with the daily Evening Star from the resistance zone lying between the key resistance level 84.40 (which reversed the previous upward correction 4 in March) and the 50% Fibonacci correction of the downward price impulse from January. The proximity of this resistance zone increases the probability AUD/JPY will continue to fall inside this Up Channel.

24052018dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

 

For further information on this and other Autochartist products visit www.autochartist.com

Daily Forex Update: EUR/CHF

Wed, 23 May 2018 07:18:21


By: Dima Chernovolov

EUR/CHF continues to fall inside the 4-hour Falling Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Falling Wedge at the 4-bar level – which is the result of the slow Initial Trend (one bar), below-average Uniformity (4 bars) and strong Clarity (8 bars). EUR/CHF is expected to fall further inside this Falling Wedge – in line with the earlier breakout of the support area shown below.

23052018dailyfximage1

As can be seen from the daily EUR/CHF chart below, the price earlier broke the support zone lying between the key support level 1.1660 (which reversed the previous minor correction 4 in March) and the 61.8% Fibonacci correction of the upward price impulse from February. This price zone is acting as resistance area after it was broken. The proximity of this resistance zone increases the probability EUR/CHF will continue to fall inside this Falling Wedge.

23052018dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

 

For further information on this and other Autochartist products visit www.autochartist.com

Daily Forex Update: EUR/AUD

Tue, 22 May 2018 06:29:36


By: Dima Chernovolov

EUR/AUD recently broke the clear daily Up Channel pattern which was previously identified by Autochartist. Autochartist rates the quality of this Up Channel at the 7-bar level – which is the result of the below-average Initial Trend (4 bars), strong Uniformity (9 bars) and maximum Clarity (10 bars). EUR/AUD is expected to fall further toward the forecast price 1.5398 – which is also indicated by the technical setup shown below.

22052018dailyfximage1

As can be seen from the daily EUR/AUD chart below, the breakout of this Up Channel coincided with the breakout of the support zone lying between the key support level 1.5650 (which has been reversing the price from February) and the 61.8% Fibonacci correction of the upward price impulse from January. This price zone is acting as resistance area after it was broken. The proximity of this resistance area increases the probability EUR/AUD will continue to fall toward the forecast price 1.5398.

22052018dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

 

For further information on this and other Autochartist products visit www.autochartist.com

Daily Forex Update: USD/JPY

Mon, 21 May 2018 11:20:38


By: Dima Chernovolov

USD/JPY continues to rise inside the clear 15-minute Up Channel pattern which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 6-bar level – which is the result of the average Initial Trend (5 bars), lower Uniformity (4 bars) and strong Clarity (8 bars). USD/JPY is expected to rise further inside this Up Channel – in line with the earlier upward breakout of the major resistance zone shown below.

21052018dailyfximage1

As can be seen from the daily USD/JPY chart below, the price earlier broke through the resistance zone lying between the key resistance level 110.00 and the 50% Fibonacci correction of the downward impulse from November. This price zone is acting as support area after it was broken. The proximity of this support area increases the probability USD/JPY will continue rise inside this Up Channel.

21052018dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

 

For further information on this and other Autochartist products visit www.autochartist.com

Daily Forex Update: EUR/JPY

Fri, 18 May 2018 07:10:25


By: Dima Chernovolov

EUR/JPY recently broke the 4-hour Triangle chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Triangle at the 6-bar level – which is the result of the slow Initial Trend (2 bars), above average Uniformity (6 bars) and higher average Clarity (8 bars). EUR/JPY is expected to rise toward the forecast price 132.16 – in line with the earlier upward reversal from the powerful support level shown below.

18052018dailyfximage1

As can be seen from the daily EUR/JPY chart below, the price earlier reversed up with the daily Japanese candlesticks reversal pattern Hammer from the strong support level 129.60 (which has been reversing the price from March). The proximity of this support level increases the probability EUR/JPY will continue rise toward the forecast price 132.16.

18052018dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

 

For further information on this and other Autochartist products visit www.autochartist.com

Daily Forex Update: NZD/CAD

Thu, 17 May 2018 07:57:19


By: Dima Chernovolov

NZD/CAD continues to fall inside the 4-hour Down Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Down Channel at the 5-bar level – which is the result of the slow Initial Trend (one bar), strong Uniformity (8 bars) and above average Clarity (6 bars). NZD/CAD is expected to fall further inside this Down Channel – in line with the earlier breakout of the key support level below.

17052018dailyfximage1

As can be seen from the daily NZD/CAD chart below, the price earlier broke the pivotal support level 0.8860 (which also reversed the price multiple times at the start of January). This price level is acting as resistance after it was broken. The proximity of this resistance level and the strength of the active downward impulse wave increase the probability NZD/CAD will continue to fall inside this Down Channel.

17052018dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

 

For further information on this and other Autochartist products visit www.autochartist.com

Daily Forex Update: USD/CHF

Wed, 16 May 2018 07:23:42


By: Dima Chernovolov

USD/CHF recently reversed down from the top of the daily Up Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 8-bar level – which is the result of the sharp Initial Trend (10 bars), average Uniformity (6 bars) and near-maximum Clarity (9 bars). USD/CHF is expected to fall further inside this Up Channel – in line with the earlier downward reversal from the resistance zone shown below.

16052018dailyfximage1

As can be seen from the daily USD/CHF chart below, the top of this Up Channel formed when the price reversed down from the resistance zone lying between the long-term resistance level 1.0040 (multi-month high from last November) and the upper daily Bollinger Band. The proximity of this resistance zone and the overbought daily Stochastic increase the probability USD/CHF will continue to fall inside this Up Channel.

16052018dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

 

For further information on this and other Autochartist products visit www.autochartist.com

Daily Forex Update: EUR/AUD

Tue, 15 May 2018 06:53:11


By: Dima Chernovolov

EUR/AUD continues to rise inside the high-quality hourly Up Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 9-bar level – which is the result of the sharp Initial Trend (10 bars), above-average Uniformity (6 bars) and maximum Clarity (10 bars). EUR/AUD is expected to rise further inside this Up Channel – in line with the earlier upward reversal from the support zone shown below.

15052018dailyfximage1

As can be seen from the daily EUR/AUD chart below, the price earlier reversed up from the support zone lying between the key support level 1.5780 (which reversed the pair with the daily Hammer in April), lower daily Bollinger Band and the 50% Fibonacci correction of the previous sharp upward impulse from January. The proximity of this support zone increases the probability EUR/AUD will continue to rise inside this Up Channel.

15052018dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

 

For further information on this and other Autochartist products visit www.autochartist.com

 

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