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EUR/SGD- Channel Up

Metal_Mind Posted 15 Nov. as Analysis on EUR/SGD, Target: 1.6982, Date: 2nd of January, 12:00 GMT  in #Technical analysis #EUR #SGD #Support #Chart #Level #Bullish #Price #Reistance #EUR/SGD

Charts: 4Hours, 1 Day.
Elements used: Support & Resistance Levels ,Time Markers, MACD, EMA 200,100.
Current Level : 1.6808

EUR/SGD since early 2012 started a strong bullish channel which can be seen now very well on the chart below.Despite that sharp break up of the channel the trend formed higher highs and higher lows as can be seen very clearly.I expect a strong euro for this year's end so the price should continue it's bullish trend and settled a bit higher next year. I predict for 2nd Janu…
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Metal_Mind 26 Dec.

UPDATE 1 : The direction is definatly good but the pair didn't done yet the retracement that i expected. Current price level is 1.7379 which is over 400 pips above target.

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USD/CAD CHANNEL UP CONTINUATION

Metal_Mind Posted 19 Aug. as Analysis on USD/CAD, Target: 1.0543, Date: 1st of October, 12:00 GMT  in #Technical analysis #Trading #Chart #USD/CAD #Usdcad #Channel #Up #Montly Daily
USD/CAD has started a channel up since the begining of September last year which can be very clearly seen in the images bellow and continued this up momentum with slight pullback's on major support resistence zones and also on major fibonacci retracement zones. The momentum is strong and i predict a continuation of this up channel, from curent level of 1.0335 , around fibonaci 50% retracement zone where we can see that it had some difficulty around this zone and the 38% retracement zone that it …
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alincik avatar
alincik 15 Sep.

good analysis, good luck

ilonalt avatar
ilonalt 16 Sep.

i agree with you, i think USD will go up, good luck in predictions

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Metal_Mind 19 Sep.

Update 2: I predicted very well the directions and trend movement but Fed's decision sure make a serios move in this pair, weakaning the dollar to a 1.0180 low . It seem to encounter a support zone in that area from which started a retracement. The pair is preety unpredictable right now but what can i say is that my initial target is very far from been reached.

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Metal_Mind 26 Sep.

Update 3: My prediction is still 241 pips far from beeing reached. It sure is right now in the right direction. The trend is bullish and the current level is 1.0316.

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Metal_Mind 1 Oct.

Update 4 ; This prediction long way from home. It has the exact trend movment as i anticipated but at a much faster rate. Is at least 200 pips diference between current price and target , so no accuracy here.

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