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EUR/USD - First steps towards revarsal !

  • Charts: 4 H,1 Day
  • Elements used: Fibonaci Fan Lines,Fibonacci Retracements,CCI
  • Current Level : 1.0823
  • EUR/USD staggering sell out that started in the middle of 2014 has developed gradually, that until of course the ECB announced its mighty 1 trillion Quantitative Easing program to boost the euro zone economies by giving them a hand and letting them breath a little from the mountain of debts they've accumulated.
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Metal_Mind 14 Apr.

UPDATE 1: I might have been to bullish on the euro but i advocate for the saying ,,what goes up must come down ,, and vice versa. I also see a similar intensity as the sell wave  in a potential reversal. It is a  prediction that currently is not in parameters but it remains to see how it develops.

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Metal_Mind 18 Apr.

UPDATE 2: The pair plunged Monday  to its lowest point of 1.0520 and afterwards started a steady rise towards 1.08.Seem that my point of view of ,,What goes up must come down '' proved correct. Of course the euro recent strength was helped by US weak  data releases.There is certain a lot of volatility in the pair which is normal due to current ,,Grexit '' situation but from the current 1.08 i can say may prediction stays in the game .

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Metal_Mind 25 Apr.

UPDATE 3: The pair reached 1.09 level this week and even though there are more than 400 pips towards my target from current technical set up and with some help from the fundamentals  this prediction may come pretty close. Sometimes the ones you done believe  in come to surprise you.

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Metal_Mind 30 Apr.

UPDATE 4: GREAT PREDICTION. I anticipated the reversal precisely as can be seen in the charts above if compared to current price. Also my personal view for a bullish euro in contrast to the majority of analyst which were bearish  proved to be right and top notch i may say. Current price level is 1.1130 pair reaching a high of 1.12 today. There is almost 200 pips from current price to my target. In that aspect i may say that there is a high possibility for this prediction to close at a larger deviation. Beside that fact i  am very satisfied with this analysis in terms of quality.

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GBP/CAD-Consolidation prevails !

  • Charts: 1 Day,1 Week
  • Elements used: Fibonaci Fan Lines,Fibonacci Retracements,RSI,.
  • Current Level : 1.8154
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AUD/JPY - Bearish sell wave!

  • Charts: 4 Hours, 1 Day.
  • Elements used: Fibonacci Fan Lines,Fibonacci Retracements,Supports & Resistances.
  • Prepared with : JForex 4.
  • Current Level : 95.54
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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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NZD/CAD -Consolidation!


  • Charts: 4Hours, 1 Day.
  • Elements used: Fiboancci Fan Lines, Fibonacci Retracements,Volume.
  • Prepared with : JForex 4.
  • Current Level : 0.9214
  • NZD/CAD has begin its massive bullish rally in the end of the Q2 of 2013 and amounted more than 1700 pips until 15 March ,Q1 of 2014 ,when the bullish rally runned out of steam, formed a strong resistance around 0.9677 price level and begin its retracement.
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Metal_Mind 25 June

UPDATE 1 :The current price level is 0.9327  which is an over 140 pips deviation from target. The  expeceted condolidation happend as can be seen and  from my point of wiew there is time for this prediction to become valid.

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Metal_Mind 27 June

UPDATE 2: Deviation increased to 203 pips.

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GBP/USD - Heavly consolidation!

  • Charts: 4Hours, 1 Day.
  • Elements used: Fiboancci Fan Lines, Supports & Resistances.
  • Prepared with : JForex 4.
  • Current Level : 1.6766
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Metal_Mind 25 June

UPDATE 1: Current price level is 1.6990 which is an over 200 pips deviation from target.From the current setup  i see the price leve very far from target.

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Metal_Mind 27 June

UPDATE 2: Deviation increased in the meantime to over 270 pips.

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EUR/USD -Correction & Consolidation!

  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements,CCI.
  • Prepared with :JForex 4.
  • Current Level :1.3773.
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Metal_Mind 21 Apr.

UPDATE 1 : All thing good with this prediction . The pair had a strong up momentum of over 200 pips until 1.39 price level as i  expected it would and which was followed by a retracement .The pair is moving in a range as we speak and is trading a bit high from my point of wiew. Further retracement is expected this week. Current price level is 1.3827.

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Metal_Mind 30 Apr.

UPDATE 2 : Due totoday.s volatity the pair  expanded its deviation to more that 150 pips from previous more closely 20 pips deviation. With several hours to go i can say this prediction is way to far from target.

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FINAL UPDATE : This was a good prediction but unfortunatelly as i previously mentioned timmig didn t helped me. Current deviation is over 120 pips that beeing ver far from target.

Omela avatar
Omela 8 May

ну и как, сбылся прогноз?)

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GBP/USD-Bull Run Stalls

Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 1.6487

GBP/USD
has a major support zone at 1.4811 from which in July this year the pair started to show signs of a bull rise which latter had been confirmed as a lasting bull trend when it reached a major resistance zone at 1.6265.The pair encountered a 1 month and a half sideways movement and cosolidation before the November 13 breakout which bo
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gmoney7 30 Dec.

Very perceptive analysis...

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Metal_Mind 28 Jan.

UPDATE 1 : CUrrent price level is 1.6573 which is only 24 pips bellow the target. Until now this prediction evolved acordingly as predicted but since there are so many days to go it is posible at the settlement time that this prediction might be far from target.

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UPDATE 2: Even though this initial deviation was only 24 pips the Friday close price is 1.6432 and increased the deviation by 160 pips now. We shall see if the pound has enough stregth to lift up and recover.

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EUR/NOK - Retracement Period


Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 8.2360

EUR/NOK pair like the majority pairs which have euro as base currency , experienced a bullish run very high and in a relatively short perioad of time but surprisingly this pair isn't followed by some long retracements period but rather short consolidation moves and other sharp bull runs. Studying back price movement ,i predict a retracement
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Metal_Mind 26 Dec.

UPDATE 1 : Wrong Prediction

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USDSGD- Elliot Waves ?

Charts: 4Hours, 1 Day.
Elements used: Eliot waves,Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 1.2419

USDSGD pair if were to study its past price development we can see some similarities .On the chart bellow you can see the previous price development highlighted in red which started from a base support made a major resistance retraced and continue the bearish trend in Elliot Waves ,five wave pattern.Recent price dev
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Metal_Mind 26 Dec.

UPDATE 1: The prediction is very good. The trend price action developed exactly as exposed on the chart just that the 5 wave was shorter than predicted an made a support at 1.2344. Current price level is 1.27 which is pretty far from target.

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