Community
Blog
Metal_Mind's Blog

Metal_Mind's Blog

Avatar

NZD/CAD- Strengthens further more !

Metal_Mind Posted 22 Mar. as Analysis on NZD/CAD, Target: 0.9658, Date: 1st of May, 12:00 GMT  in #Technical analysis #Price #Kiwi #Rates #Action #Interest #Q4 #NZD/CAD #Rbnz #Ecomomy
  • Charts: 4 H,1 Day
  • Elements used: CCI, Support & Resistance
  • Current Level : 0.9515
…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

3 Comments
Metal_Mind avatar
Metal_Mind 14 Apr.

UPDATE 1: The pair is trading at 0.9376 which is over 300 pips from target. I was a bit to bullish on the kiwi but still with half a month things can go very well. We shall have to wait and see.If the current reatracents finds a supports and develop a higher low there are high chances to narrow the deviation.

Metal_Mind avatar
Metal_Mind 18 Apr.

UPDATE 2: As said in previous update i was expecting a higher low  which formed 2 days ago on  the 0.9297 level .The new formed support was strong and from there the price action jumped over 100 pips in that day. I may say that the current outlook is definitely very good . We would probably see a 270 to 300 pips ascent  and afterwards a retracement which could be exactly what needed to hit my target.

Metal_Mind avatar
Metal_Mind 30 Apr.

UPDATE 3 : The prediction is  very far from target.

orto leave comments
Avatar

NZD/USD - Going down!

Metal_Mind Posted 30 June as Analysis on NZD/USD, Target: 0.8609, Date: 1st of August, 12:00 GMT  in #Technical analysis #Trade #Inflation #Growth #Down #NZD/USD #Kiwi #Rate #Interest #Rbnz
  • Charts: 4Hours, 1 Day.
  • Elements used: Fibonacci Fan Lines ,Fibonacci Retracements.
  • Prepared with : JForex 4.
  • Current Level : 0.8756
…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

1 Comments
Metal_Mind avatar
Metal_Mind 31 July

UPDATE 1:After the retracement that i predict correctly the price action picked up and corected itself. Current price level is 0.851 which os over 102 pips below my target. This is a good prediction but with a day to go may be to far from target.

orto leave comments
Avatar

NZD/USD- Ascending Triangle?

Metal_Mind Posted 31 May as Analysis on NZD/USD, Target: 0.8404, Date: 1st of July, 12:00 GMT  in #Technical analysis #NZD/USD #Triangle #Kiwi #Rate #Interest #Retracement #Ascending #Rbnz

  • Charts: 4Hours, 1 Day.
  • Elements used: Support & Resistances.
  • Prepared with : JForex 4.
  • Current Level : 0.8495
…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

2 Comments
Metal_Mind avatar
Metal_Mind 25 June

UPDATE 1: Current price level is 0.8677 which represents an over 270 pips  deviation from target. I did expect a strong & fast sell wave by month end but  this prediction now is pretty far.We will  wait and see.

Metal_Mind avatar
Metal_Mind 27 June

UPDATE 2: Deviation increased to 354 pips.

orto leave comments
Avatar

NZD/CAD -Consolidation!

Metal_Mind Posted 31 May as Analysis on NZD/CAD, Target: 0.9171, Date: 1st of July, 12:00 GMT  in #Technical analysis #Support #Resistance #Bullish #Consolidation #Rally #Kiwi #NZD/CAD #Retest #Steam

  • 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.
…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

2 Comments
Metal_Mind avatar
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.

Metal_Mind avatar
Metal_Mind 27 June

UPDATE 2: Deviation increased to 203 pips.

orto leave comments
Avatar

NZD/USD-Retracement & Correction!

Metal_Mind Posted 31 Mar. as Analysis on NZD/USD, Target: 0.8583, Date: 1st of May, 12:00 GMT  in #Technical analysis #Inflation #Gdp #NZD/USD #Correction #Kiwi #Rate #Interest #Retracement #Higher
  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements,CCI.
  • Prepared with :JForex 4.
  • Current Level :0.8659.
[list=1][/list]…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

3 Comments
Metal_Mind avatar
Metal_Mind 21 Apr.

UPDATE 1: This prediction may play to be  very good in the end. Currently the pair is set for an retracement. Current price level is 0.8570 which is only 10 pips above my target. This could be a very close prediction.

Metal_Mind avatar
Metal_Mind 30 Apr.

UPDATE 2: Current price level is 0.8623 which is an 40 pips deviation from target.If the  trend has a minor retracement tommorow the target may be reached and  this prediction may play well. We will have just to wait and see.

Metal_Mind avatar
Metal_Mind 1 May

FINAL UPDATE : The price at settlement was 0.8616 that beeing 33 pips deviation from target. In my opinion this is a very good prediction in terms of quality & timming.

orto leave comments
Avatar

EUR/NZD-Kiwi strengthens on Christmas Eve!

Metal_Mind Posted 24 Dec. as Analysis on EUR/NZD, Target: 1.6814, Date: 3rd of February, 12:00 GMT  in #Technical analysis #Bullish #Fibonacci #Fan #Lines #Kiwi #High #Christmas #Technical Analysis EUR/NZD #Retracement #EUR/NZD
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Fan Lines,Fibonacci Retracements,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.6705
EUR/NZD is definatly set for a bearish retracement from current bullish trend. The pair is currently moving within fan lines and fibonacci retracements retesting important price levels ,support & resistances.Next move that i expect is a run until (1.64) price level followed by a bullish run, that in the second part of January.
I expect for …
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

3 Comments
geula4x avatar
geula4x 26 Dec.

+1 Liked: Nice analysis. Thanks for sharing! Happy trading :-)

Metal_Mind avatar
Metal_Mind 28 Jan.

Update 1: The current price level is 1.6532 which is more than 270 pips bellow the target. The current setup look promising and the pair may see a bullish rise in the days to come.

Metal_Mind avatar
Metal_Mind 2 Feb.

UPDATE 2: Well we seem to have an improvement on this pair . Friday closing price was 1.6668 which reduced the deviation to 146 pips currently. The outlook is pretty good. The current trend looks exactly as draw in my chart. Quality is exquisit. Hope just the euro will be strong enough to hit my target.

orto leave comments
Avatar

EUR/NZD KIWI is awaiting RBNZ decision.

Metal_Mind Posted 30 Sep. as Analysis on EUR/NZD, Target: 1.5596, Date: 1st of November, 12:00 GMT  in #Technical analysis #Dollar #Fibonacci #Kiwi #Rates #Interest #Retracements #EUR/NZD #Fan Lines
Charts: 1 Day,1Week.
Indicators: Fibonancci Fan Lines 1W Time Frame ;Fibonacii Retracements ;Support & Resistance Levels,RSI,EMA200,100,50.
Current Level : 1.6315
EUR/NZD bullish attempt stumble upon the resistance level of (1.7293) Fibonacci Retracement 23.60% , from which we can see very cleary that has formed a new bearish trend,which is backed up by Fibonacci Fan Lines 1 Week as can be seen on the chart in the highlighted area.Recent fundamental news also push the kiwi higher and high…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

4 Comments
HOANG_MAI_NHI avatar
HOANG_MAI_NHI 3 Oct.

like+1

Furian avatar
Furian 10 Oct.

agree

Metal_Mind avatar
Metal_Mind 22 Oct.

UPDATE 1 : The trend direction is correct but i kinda overestimated the target. The cuurent level is 1.6170, which is 500 pips away from target. The direction is excelent but the predicted level is very far and may be reached in two months from what i see on the charts.

Metal_Mind avatar
Metal_Mind 1 Nov.

UPDATE 2: The price level current level is currently at 1.6425. Very Wrong prediction ,over 1000 pips far.

orto leave comments
Avatar

NZD/USD CHANNEL UP FORMATION

Metal_Mind Posted 22 Aug. as Analysis on NZD/USD, Target: 0.8249, Date: 1st of October, 12:00 GMT  in #Technical analysis #Trend #NZD/USD #Nzdusd #Kiwi #Movement #Channel #Up #Support Zone
NZD/USD seen on a daily chart help us spot some similarities between last year trends and now. I have outlined with blue a very important movement from 2012 last year ,which is very similar with the latest sell trend started from 0.8670 this year in April and made a higher support zone at 0.7683, higher than previous 0.7460 support. These facts tell me that there is a stong bullish trend in formation and that the price action will continue this way.My prediction is a strong bullish move with som…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

17 Comments
View 12 more comments
Metal_Mind avatar
Metal_Mind 30 Sep.

Update 6: We are very close from the target. The pair is in a mini range between 0.8286 & 0.8249. Recently the pair formed another support 6 pips above the target level. If the pair still hovers the target may be extremly close with the 1 October price.

Metal_Mind avatar
Metal_Mind 30 Sep.

Update 7 : Even though at last update the price was deviated by only 6 pips now the diference is more considerabale as i previous mentioned anything can happen in this interval. The price now is 60 pips away from target at (0.8309).I think the latest sharp rise and strenghten of the kiwi is because of US goverment crysis of a potential shut down that has weaken the dollar and affected all markets around the world. If the political situation will see ''clearer sky'' i think the target will be reached and be very close.

Metal_Mind avatar
Metal_Mind 1 Oct.

Update 8 : The trend now has been forming a bullish channel with some retracements. Now the tred is retracing and current level is (0.82959) that beeing 46 pips above my target. If something in the news won't strengthen the dollar the pair will go bullish again. It is a shame that recent news modified the trend and move the price higher, otherwise the prediction is very good the quality and the trends movements are also exactly how they occured.

Metal_Mind avatar
Metal_Mind 1 Oct.

Update 9: The price is 0.8279 that beeing 30 pips away and still going gown. It may be very close.

Metal_Mind avatar
Metal_Mind 1 Oct.

FINAL UPDATE ; 4 Hours after 12 GMT , TARGET HAS BEEN REACHED EXACTLY AND AFTERWARDS TREND FORMED SUPPORT AND START GOING UP. PERFECT PREDICTION

orto leave comments