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NZD/USD Target Level: 0.6346
Channel Down identified at 23-Sep-2019 00:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.6346 within the next 2 days. Supported by RSI below 40 Chart 4 hourPattern Channel DownLength 41 CandlesIdentified 23-Sep-2019 00:00 UTC
Trade of the Day: NZD/CHF
By: Dima Chernovolov NZD/CHF continues to fall inside the daily Down Channel chart pattern which was identified recently by Autochartist. Autochartist measures the quality of this Down Channel at the 4-bar level – which reflects the slow Initial Trend (1 bra), significant Uniformity (7 bars) and average Clarity (8 bars). NZD/CHF is expected to fall…
XAU/USD Target Level: 1497.7000
Rising Wedge identified at 20-Sep-2019 08:00 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 1497.7000 within the next 9 hours. Supported by RSI above 60 Chart 30 MinutesPattern Rising WedgeLength 73 CandlesIdentified 20-Sep-2019 08:00 UTC
USD/JPY Target Level: 107.2700
Rising Wedge has broken through the support line at 19-Sep-2019 04:00 UTC. Possible bearish price movement forecast for the next 3 days towards 107.2700. Supported by Downward sloping Moving Average Chart 1 hourPattern Rising WedgeLength 206 CandlesIdentified 19-Sep-2019 04:00 UTC
Trade of the Day: AUD/JPY
By: Dima Chernovolov AUD/JPY continues to fall inside the daily Down Channel chart pattern which was identified recently by Autochartist. Autochartist measures the quality of this Down Channel at the 7-bar level – which reflects the above-average Initial Trend and Uniformity (6 bars) and strong Clarity (8 bars). AUD/JPY is expected to fall further inside…
GBP/CHF Target Level: 1.2478
Channel Up identified at 19-Sep-2019 05:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.2478 within the next 14 hours. Supported by RSI below 40 Chart 15 MinutesPattern Channel UpLength 179 CandlesIdentified 19-Sep-2019 05:00 UTC
XAU/USD Target Level: 1484.3000
Approaching Support level of 1484.3000 identified at 18-Sep-2019 20:00 UTC Supported by RSI above 60 Chart 4 hourPattern SupportLength 42 CandlesIdentified 18-Sep-2019 20:00 UTC
Trade of the Day: AUD/USD
By: Dima Chernovolov AUD/USD continues to fall inside the hourly Down Channel chart pattern which was identified previously by Autochartist. Autochartist rates the quality of this Down Channel at the 5-bar level – which reflects the slow Initial Trend (4 bars), below-average Uniformity (4 bars) and strong Clarity (8 bars). AUD/USD is expected to fall…
USD/JPY Target Level: 107.4560
Rising Wedge identified at 17-Sep-2019 16:00 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 107.4560 within the next 2 days. Supported by RSI above 60 Chart 4 hourPattern Rising WedgeLength 44 CandlesIdentified 17-Sep-2019 16:00 UTC
CAD/CHF Target Level: 0.7512
Channel Up identified at 17-Sep-2019 18:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.7512 within the next 7 hours. Supported by RSI below 40 Chart 1 hourPattern Channel UpLength 34 CandlesIdentified 17-Sep-2019 18:00 UTC