News & Analysis


By: Dima Chernovolov EUR/CAD continues to rise inside the 30-minute Down Channel chart pattern which was identified previously by Autochartist. Autochartist rates the quality of this Down Channel at the 6-bar level – which is the result of the slow Initial Trend (1 bar), above-average Uniformity (6 bars) and maximum Clarity (10 bars). EUR/CAD is expected to rise further inside this Down Channel – in line with the earlier upward reversal from the support area shown below. As can be seen from the weekly EUR/CAD chart below, the pair earlier reversed up from the powerful support area lying between the

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October 28, 2019

October 25, 2019

October 24, 2019

October 23, 2019

October 22, 2019

Trade of the Day: EUR/CAD

By: Dima Chernovolov EUR/CAD continues to rise inside the 30-minute Down Channel

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Trade of the Day: EUR/NZD

By: Dima Chernovolov EUR/NZD continues to rise inside the hourly Rising Wedge

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Trade of the Day: AUD/CAD

By: Dima Chernovolov AUD/CAD continues to fall inside the 4-hour Triangle chart

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