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USD/DKK-Channel Down

Metal_Mind Posted 11 Nov. as Analysis on USD/DKK, Target: 5.3755, Date: 2nd of January, 12:00 GMT  in #Technical analysis #DKK #USD #Support #Down #Levels #Channel #USD/DKK #Formation #Danish #Krone

Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 5.5703

Danish Krone in July this year found a resistance level at fibonacci retracement 0.00% (6.1792) price level which is also the area of fibonacci fan line 38.20% level. From there the krone started to strengthen beaking fibonacci retracement level one after another founding support at fibonacci 61.80% retracement level.As can be seen in …
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Metal_Mind 26 Dec.

UPDATE 1 : The prediction is over 600 pips from target . It is on the right path but it is very far though from target.

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USD/CHF TRIANGHLE FORMATION

Metal_Mind Posted 19 Aug. as Analysis on USD/CHF, Target: 0.9434, Date: 1st of October, 12:00 GMT  in #Technical analysis #Trend #Pattern #Fibonacci #USD/CHF #Usdchf #Formation #Trianghle
USD/CHF has two major support & resistance at this moment which are also the pillars of the trianghle formation that has been forming since the begining of February 2013. The support is the 100% Fibonacci retracement level (0.9023) & the retracement level of 0.00% (0.9845) act as the resistance.I expect an up move towards the retracement level of 23%(0.9651) and continueing with a pullback to the 50% retracement level of 0.9434 as a target for the 1 st of October.
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Jessa avatar
Jessa 23 Aug.

my speculation is its gonna go up but not much it will gonna go down more eventually.. and your a bullish on this part.

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Metal_Mind 3 Sep.

Update: The pair has started a run as i predicted and has reach today highest level of (0.9383) being at 51 pips below target. I expect the uptrend to continue as stated in my initial analysys.

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alincik 15 Sep.

I hope will be as you expect

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Metal_Mind 19 Sep.

Update 2 : With all the Fed 's recently decision which weaken the Dollar this pair has already reached my initial target and now is very far from it at 0.9106 at over 334 pips from my target. With no extraordinary event for the dollar i don't expect the initial target to be meet.

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Metal_Mind 1 Oct.

Update 3 ; This prediction is wrong. Ther current price from the target is almost 400 pips away .

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