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EUR/CHF Target Level: 1.1134

EUR/CHF Target Level: 1.1134

Channel Up identified at 13-Jun-2019 00:00 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.1134 within the next day. Supported by Downward sloping Moving Average Chart 4 hourPattern Channel UpLength 47 CandlesIdentified 13-Jun-2019 00:00 UTC
EUR/JPY Target Level: 122.4920

EUR/JPY Target Level: 122.4920

Channel Down identified at 13-Jun-2019 20:15 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 122.4920 within the next 7 hours. Supported by RSI below 40 Chart 15 MinutesPattern Channel DownLength 80 CandlesIdentified 13-Jun-2019 20:15 UTC
XAU/USD Target Level: 1319.4000

XAU/USD Target Level: 1319.4000

Triangle identified at 13-Jun-2019 00:00 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 1319.4000 within the next 3 days. Supported by RSI above 60 Chart 4 hourPattern TriangleLength 59 CandlesIdentified 13-Jun-2019 00:00 UTC
USD/CAD Target Level: 1.3419

USD/CAD Target Level: 1.3419

Channel Down identified at 10-Jun-2019 12:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3419 within the next 15 hours. Supported by RSI below 40 Chart 4 hourPattern Channel DownLength 31 CandlesIdentified 10-Jun-2019 12:00 UTC
Trade of the Day: AUD/USD

Trade of the Day: AUD/USD

By: Dima Chernovolov AUD/USD continues to fall inside the daily Down Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel at the 7-bar level – which is the result of the slow Initial Trend (2 bars), above-average (6 bars) and strong Clarity (8 bars). AUD/USD is expected…