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AUD/NZD- Channel Up emerging pattern!

  • Charts: 4 Hours, 1 Day.
  • Elements used: Patterns,Supports & Resistances.
  • Prepared with : JForex 4.
  • Current Level : 1.0732
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Metal_Mind 31 July

UPDATE 1 : REMARKABLE PREDICTION. DEVIATION 7 PIPS. Not only that but i succesfuly predicted  the 300 pips bullish rally very exactly.The price action reached 1.1048 as expected and now is on a slight retracement . Current price action is 1.0953 which represents a 7 pips deviation from target. This is one accurate and  very qualitative prediction.

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UPDATE 2 : Curent price level is 1.0946  that beiing a 0.00% DEVIATION . This is one incredible prediction.Especialy if we consider that this is a volatile pair.

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AUD/CHF -Channel UP !

  • Charts: 4 Hours, 1 Day.
  • Elements used: Patterns,Supports & Resistances.
  • Prepared with : JForex 4.
  • Current Level : 0.8392
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Metal_Mind 31 July

UPDATE 1 : REMARKABLE  PREDICTION . Price action develeoped  most like i predicted.Currently the pair is in a slight corection.Current price level is 0.8468 which represents a deviation of only 13 pips from target. This one also could be a winner.

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UPDATE  2 : Current price level is 0.8430 that beeing a deviation of over 25 pips from target. There are several hours left  until the contest ends. Maybe it will recover the deviation in the mentime.

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AUD/CAD - Retracement within Channel up !

  • Charts: 4 Hours, 1 Day,1 Week.
  • Elements used: Fibonacci Fan Lines,Fibonacci Retracements,Supports & Resistances.
  • Prepared with : JForex 4.
  • Current Level : 1.0094
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Metal_Mind 25 June

UPDATE 1: EXCELENT PREDICTION . This pair  had  its bearish retracement as i predicted it and not only that  but  now is only at a 56 pips deviation from target. This is one very good prediction,in terms of both quality and timming.

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Metal_Mind 27 June

UPDATE 2: Deviation increased to 71 pips  now. The 1 Day chart still demands bearish momentum so the situation might  become very favourable  until settlement.

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EUR/GBP-Bullish trend supported by falling wedge!

  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Retracements,CCI.
  • Prepared with :JForex 4.
  • Current Level :0.8265.
  1. EUR/GBP is in a channel down formation from 2009 followed by regular retracements.Last month the so called channel down has narrowed itself and now tend to look more and more like a falling wedge than a channel down.
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Alexana5 30 Mar.

Oh my,  Thank you for your analysis.

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Metal_Mind 21 Apr.

UPDATE 1: THe prediction looks good but there is a problem with the time scale. The price movement is a bit behind. By now i was expecting the bearish trend to reverse into a bullish sharp trend. Nevertheless the prediction  is in the books.

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Metal_Mind 30 Apr.

UPDATE 2: The deviation is 115 pips and could  be counted as wide counting that the target  settelemt is tomorow.

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Metal_Mind 30 Apr.

UPDATE 3 : Current price level  is 0.8218 which represents an 150 pips and over deviation. It looks like the deviation increased and with only one day to go this prediction could be busted.

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FINAL UPDATE Ș Deviation at settlement was over 175 pips from target,that beeing to far for a win.

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GBP/CAD-Channel UP & Double Bottom!


Charts: 1 Day,1 Week.
Indicators: Pattern Analysis Widget , MACD ,EMA:3,5,13,21,50,100,Time Markers.
Current Level : 1.8548

GBP/CAD after encounter a strong bearish retracement that took almost all the month of October & November,continued the rise of the bullish trend for more than 2000 pips until now.As the pattern analysis widget detected , the pair is in a channel up pattern of 54% quality & 45% magnitude which for sure will continue the next month.
I mainly based this 1 month predictio
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Convallium 28 Feb.

good job!

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Metal_Mind 27 Mar.

UPDATE 1 :WRONG DIRECTION

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GBP/AUD- Bolinger Bands confirm's bullish trend!


Charts: 4Hours, 1 Day.
Indicators: Pattern Analysis Widget ,Bolinger Bands,EMA:3,5,13,21,50,100,200.
Current Level : 1.8551

GBP/AUD after encounter a strong bearish retracement that took almost all the month of October ,continued the rise of the bullish trend for more than 2000 pips until 24 January when it formed a new resistance zone at 1.9193 from where it comence a bearish retracement.
As the pattern analysis widget detected , the pair is in a channel up pattern of 83% quality & 100% magni
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Metal_Mind 27 Mar.

UPDATE 1 : WRONG DIRECTION

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GBP/NZD-Breaking the Channel down !!

Charts: 4Hours, 1 Day.
Elements used: Pattern Analysis Widget, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 2.0084

GBP/NZD as can bee seen on the chart bellow is in a channel up pattern formation,but there is very interesting about this particular formation. If we look closely we can see that while forming this channel up the pair made 3 resistances each one higher than the other and 2 (highers low) supports . I analyze this pair for quite some time now and i see here a distinct …
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Metal_Mind 27 Mar.

UPDATE 1: WRONG DIRECTION

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USD/CHF-Breaking Channel Down!


Charts: 4Hours, 1 Day.
Elements used: ,Fibonacci Retracements;EMA,3,5,13,21;MACD;Time Markers.
Current Level : 0.8944

USD/CHF has experienced an accelerated apreciation proccess short after the first decision to taper the bond buying program.This month because of the news and major speculation in the markets more than usualy the pair experienced some retracement but nothing significant. The market mover event was the'' Non Farm Payrolls'' numbers whi
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Metal_Mind 17 Feb.

UPDATE 1: This prediction was quite excelent. The pair broke the channel down foarmation and had a strong 350 pips bullish rally as i predicted until 0.9159 which is quite incredible since the pair revounded after breaking my target level with 14 pips only. What i didn't expect was this very fast depreciation of the pair. Current level is 0.8915 which is far from target.

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Metal_Mind 26 Feb.

UPDATE 2: The depreciation continued further this week with 79 pips gain today.The deviation is over 200 pips curently.

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UPDATE 3: Current price level is 0.8803 which is a 345 pips deviation from target.

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GBP/AUD-Channel Up!


Charts: 4Hours, 1 Day.
Indicators: Pattern Analysis Widget , MACD ,EMA:3,5,13,21,50,100,Time Markers.
Current Level : 1.8724

GBP/AUD after encounter a strong bearish retracement that took almost all the month of October ,continued the rise of the bullish trend for more than 2000 pips until now.As the pattern analysis widget detected , the pair is in a channel up pattern of 50% quality & 49% magnitude which for sure will continue the next month & a half.At the current price level t
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Metal_Mind 26 Feb.

UPDATE 1; Current price level is 1.8590 which is over 600 pips away from target.

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UPDATE 2: Current price deviation is over 300 pips below the target.

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AUD/CHF-Channel Down Breakout?

Charts: 4Hours, 1 Day.
Elements used: Pattern Analysis Widget, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.8020

AUD/CHF is in a channel down formation very well identified by the pattern analysis widget.The quality of the setup is 61% and the magnitude level is 81% on a 1 Day chart.From my point of wiew the pair has already reached a major support zone and we should see a bullish breakout out of this channel down formation.
On the second chart we can see very clearly that the pa
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Metal_Mind 27 Feb.

UPDATE 1; WRONG DIRECTION.

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UPDATE 2; Deviation 700 pips.

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