Home » Market Research »
Autochartist Forecast
Daily Forex Update: USD/JPY
The 30-minute USD/JPY has continued to congest within the confines of a symmetrical Triangle pattern, which are formed when downtrend and uptrend lines move towards convergence. Triangles are typicall
The 30-minute USD/JPY has continued to congest within the confines of a symmetrical Triangle pattern, which are formed when downtrend and uptrend lines move towards convergence. Triangles are typicall
12 March |
0 comments
0 comments Daily Forex Update: GBP/USD
The GBP/USD (also referred to as the "cable") has formed a Rising Wedge pattern on the 30-minute chart. This uptrending pattern reflects the rally seen during Wednesday's New York trading session.
The GBP/USD (also referred to as the "cable") has formed a Rising Wedge pattern on the 30-minute chart. This uptrending pattern reflects the rally seen during Wednesday's New York trading session.
11 March |
0 comments
0 comments Daily Forex Update: AUD/USD
The AUD/USD is trending higher towards the 0.9160 level as prices have found intraday support at 0.9120. The Rising Wedge formation is nearing the area where prices are likely to run out of room to mo
The AUD/USD is trending higher towards the 0.9160 level as prices have found intraday support at 0.9120. The Rising Wedge formation is nearing the area where prices are likely to run out of room to mo
10 March |
0 comments
0 comments Daily Forex Update: USD/JPY
The 15-minute chart of the USD/JPY has broken lower through the Triangle pattern, triggering a short sell entry which showed signs of momentum. The momentum was then confirmed as prices traded lower t
The 15-minute chart of the USD/JPY has broken lower through the Triangle pattern, triggering a short sell entry which showed signs of momentum. The momentum was then confirmed as prices traded lower t
9 March |
0 comments
0 comments USD/CAD Channels Down
The 240-minute chart of the USD/CAD has been trending lower as prices peaked at 1.6078, 1.0573, and then 1.0331. These three highs are the touchpoints for the downtrend line resistance – seen in gre
The 240-minute chart of the USD/CAD has been trending lower as prices peaked at 1.6078, 1.0573, and then 1.0331. These three highs are the touchpoints for the downtrend line resistance – seen in gre
8 March |
0 comments
0 comments S&P500 Upside Resistance
The 30-minute Triangle breakout buy was triggered on the S&P500 as prices traded higher through the downtrend line resistance, at 1120. The Initial Trend reading for this trade, at a relatively lo
The 30-minute Triangle breakout buy was triggered on the S&P500 as prices traded higher through the downtrend line resistance, at 1120. The Initial Trend reading for this trade, at a relatively lo
5 March |
0 comments
0 comments GBP/USD Breaks Triangle Support
On the 60-minute GBP/USD chart, price has broken lower through the uptrend line support of an Ascending Triangle pattern, at 1.5040. Ascending Triangles are characterized by uptrend line support coupl
On the 60-minute GBP/USD chart, price has broken lower through the uptrend line support of an Ascending Triangle pattern, at 1.5040. Ascending Triangles are characterized by uptrend line support coupl
5 March |
0 comments
0 comments Dow Breaks 10,400 Support
The 10,400 level acted as support for much of Wednesday’s trading as prices bounced within the “00” (i.e. 10,400) to 10,415 range, with some very short bursts of trading below the “00” level
The 10,400 level acted as support for much of Wednesday’s trading as prices bounced within the “00” (i.e. 10,400) to 10,415 range, with some very short bursts of trading below the “00” level
4 March |
0 comments
0 comments USD/JPY: Trend Dictates the Entry
The USD/JPY has formed a symmetrical triangle pattern on the 30-minute chart. Prices have been trading within a range that has squeezed into the consolidation pattern. Certain patterns, such as triang
The USD/JPY has formed a symmetrical triangle pattern on the 30-minute chart. Prices have been trading within a range that has squeezed into the consolidation pattern. Certain patterns, such as triang
2 March |
0 comments
0 comments Retailers Continue to Struggle
The retail sector continues to fall as bad winter weather in the Northeast U.S. keeps shoppers away and spending down in a large part of the country. This, along with shaky overall post-Christmas cons
The retail sector continues to fall as bad winter weather in the Northeast U.S. keeps shoppers away and spending down in a large part of the country. This, along with shaky overall post-Christmas cons
2 March |
0 comments
0 comments




