Autochartist Forecast
The USD/CAD has broken the Channel Up pattern’s support on the short-term 15-minute intraday time frame. The short time frame indicates near-term weakness; however, it’s the short time frames tha
0 comments The 240-minute NZD/USD broke higher through resistance at 0.7138 – the price at which a breakout buy was triggered on the Triangle pattern’s downtrend line. Currently, the pattern has an Autochar
0 comments The intraday EUR/USD has broken the 1.3300 level, making a new 11-month low at 1.3259. (The last time prices traded at these levels: May 1, 2009.) The downtrend has formed a Falling Wedge pattern, wi
0 comments The intraday AUD/USD has been trending lower as prices in both Gold and general commodities traded higher today. As a commodity currency, the AUD/USD moves within a relationship to precious metals an
0 comments The EUR/JPY has formed a Triangle pattern on the 60-minute chart, with prices squeezed into a narrow trading range between 125.55 and 125.05. The current market support above the 125.00 "big figure
0 comments The intraday USD/JPY trended higher as the U.S. equities market staged a strong recovery after Friday’s sell-off. Traders and investors digested the news of Goldman Sachs’ government troubles ove
0 comments Moving higher in conjunction with U.S. Dollar’s rally, the USD/CHF formed a Rising Wedge pattern within the intraday uptrend (which formed as the Swiss Franc lost ground against the U.S. Dollar) on
0 comments Flag patterns are interesting formations because they occur in both trending and non-trending market cycles. Because of this quality, it’s important to know what the tendency is for a non-trending
1 comment As the USD/JPY, hovering, has by mid-week already tested the 93.00 level multiple times. The 15-minute chart may offer some insight into where buying support will step in, to hold prices: Prices brok
0 comments The intraday view of the GBP/USD (also known as "the cable") has been trending higher. The series of higher lows is acting as the support, or "backbone" of the move, reflecting the buying support whi
0 comments











