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EUR/AUD-Aussie fall boosted by RBA !!!

Metal_Mind Posted 26 Sep. as Analysis on EUR/AUD, Target: 1.4272, Date: 3rd of November, 12:00 GMT  in #Technical analysis #Currency #Aussie #Rba #EUR/AUD #Rates #Fall #Lower #Hurt #Exports #Boost
  • Charts: 1 Day,1 Week
  • Elements used: Fibonaci Fan Lines,Fibonacci Retracements,RSI,.
  • Current Level : 1.4469
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EUR/GBP - Trend Reversal !

Metal_Mind Posted 30 June as Analysis on EUR/GBP, Target: 0.8073, Date: 1st of August, 12:00 GMT  in #Technical analysis #Trend #Break #Reversal #Bullish #EUR/GBP #Price #Lower #Momentum
  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines.
  • Prepared with : JForex 4.
  • Current Level : 0.8008
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GBP/CHF-2 Months Retracement!

Metal_Mind Posted 27 May as Analysis on GBP/CHF, Target: 1.4885, Date: 1st of July, 12:00 GMT  in #Technical analysis #Support #Resistance #GBP/CHF #Lower #Retracement #Months #2 #Zones
  • Charts: 4Hours, 1 Day.
  • Indicators used: Fibonacci Fan Lines,Fiboancci Retracements.
  • Prepared with : JForex 4.
  • Current Level : 1.5071
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Metal_Mind 25 June

UPDATE 1: The deviation is over 300 pips which is very far from target.

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Metal_Mind 27 June

UPDATE 2: Deviation increased to over 336 pips.

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EUR/AUD -Breaking Fan Lines !

Metal_Mind Posted 18 May as Analysis on EUR/AUD, Target: 1.4567, Date: 1st of July, 12:00 GMT  in #Technical analysis #Trend #Support #Resistance #Break #Bearish #EUR/AUD #Fan #Sharp #Lower
  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements,Pattern Analysis Widget.
  • Prepared with : JForex 4.
  • Current Level : 1.4619
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Metal_Mind 25 June

UPDATE 1:EXCELENT PREDICTION & GREAT QUALITY .The price level broke the fan lines as i epected and headed lower founding a ground support around 1.4355 price area very close to my forecasted support zone ,and shortly after the price extended over 200 pips higher coming very close to  meeting my target. Current price level is 1.4527 which is a 40 pips deviation from target. With several days to go this prediction has  enough time to hit target.

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Metal_Mind 27 June

UPDATE 1 : The deviation increased to 100 pips.

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EUR/GBP - Bearish price action !

Metal_Mind Posted 18 May as Analysis on EUR/GBP, Target: 0.8096, Date: 1st of July, 12:00 GMT  in #Technical analysis #Break #Bearish #EUR/GBP #Price #Action #Q3 #Lower #Reaction #Retested
  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements.
  • Prepared with : JForex 4.
  • Current Level : 0.8141
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Metal_Mind 25 June

UPDATE 1:EXCELENT PREDICTION. The pair had the bearish price action that i managed to predict so accuratly. In the first chart i  draw some support zones towards which the price action might be heading and where it can encounter resistance. My wiew at the time of analysis was that  the sell wave will find support at 0.8337 price level but the  momentum was much strong and the price action pushed lower finding  support in its lowest point at 0.7957 which is only 4 pips away  from 0.7953 my second support that i draw in the first chart.

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Metal_Mind 25 June

UPDATE1 -Part 2 :As i mentioned in this analysis the red circled area in the first chart was  very important  because it helped me predicted & project future price action developement based on historical price reaction. This idee of mine proved very accurate if we take into consideration that the pair found support at 0.7957 ,only 4 pips away from the support that i draw in first chart.Current price level is 0.8024 which is only 72 pips bellow  the target.This one truly remarkable prediction and has all the premises to hit the target.

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Metal_Mind 27 June

UPDATE 2: The deviation from target increased in the meantime  to  96 pips. This prediction still remain in the books.

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AUD/CHF- Range?

Metal_Mind Posted 28 Feb. as Analysis on AUD/CHF, Target: 0.7892, Date: 1st of April, 12:00 GMT  in #Technical analysis #Bearish #Pattern #Breakout #Bullish #Snb #AUD/CHF #Range #Lower

Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines,Pattern Analysis Widget,EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.7849

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 but it seems there is a tendency to go lower or form a range.
On the chart bellow we can see very clearly that the …
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Metal_Mind 27 Mar.

UPDATE 1 :WRONG DIRECTION .DEVIATION 300 pips.

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CAD/JPY- Plummets!

Metal_Mind Posted 19 Feb. as Analysis on CAD/JPY, Target: 89.6700, Date: 1st of April, 12:00 GMT  in #Technical analysis #Bullish #Price #Action #CAD/JPY #Range #Lower #Reistance #Plummets #Sharply

Charts: 4Hours, 1 Day.
Indicators: Pattern Analysis Widget ,Fibonacci Retracements,EMA:3,5,13,21,50,100,200.
Current Level : 92.39
CAD/JPY encountered a Resistance at (101.05) after a strong bullish trend of 2800 pips that started almost two years ago. From there as can been seen on the chart, there where 4 consistent attempts to break lower 92.00 level unsuccesfull though, and that helped formed a small range area between (92.00 )& (97.50 ).
As you can see the pattern analysis widget identifie…
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Metal_Mind 27 Mar.

UPDATE 1: WRONG DIRECTION

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NZD/USD-Head&Shoulders in Range

Metal_Mind Posted 25 Dec. as Analysis on NZD/USD, Target: 0.8122, Date: 3rd of February, 12:00 GMT  in #Technical analysis #Bearish #Breakout #Bullish #NZD/USD #Range #Lower #Retracement #Shoulders #Head

Charts: 1 Day,1 Week.
Indicators:Fibonacci Fan Lines ,Retracements,Support & Resistance Levels,Time Markers,RSI, EMA 200,100,50.
Current Level : 0.8175

NZD/USD break of the 0.8192-0.8214 area 23.6% Fibonacci retracement level, Oct 2 low confirms a Head and Shoulders top at 0.8544.As can bee seen on the chart below there has been two failed attempts to break the 0.8410 level which can be counted at the second shoulder of the head & shoulder pattern.
In the last month NZD/USD has moved within a…
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5 Comments
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geula4x 26 Dec.

+1 Liked: Nice analysis, combining different technical tool! Happy trading :-)

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Metal_Mind 28 Jan.

UPDATE 1: Current price level is 0.8262 which is a 140 pips deviation from target. With several days to go this might be a close prediction.

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Metal_Mind 2 Feb.

UPDATE 2: This seems to be extremly volatile these days.The current price level is 0.8074. It made a bearish rally of 200 pips in just 2 days. Also the target has been already hit. The deviation now is much smaller and is 48 pips bellow from target. The pair really look to be heading down,but if we have a retracement tomorow we could have a very close price to the target.

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Metal_Mind 3 Feb.

UPDATE 3 : With over 2 hours to go the current price level is set at 0.8116 and the price is moving in a range. This means a 0.06% deviation. It's quite an excelent prediction. The quality of the prediction also is remarkable.

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Metal_Mind 3 Feb.

FINAL UPDATE : Price at 12 :00 was 0.81107 meaning a 11 pips deviation 0.11%. This prediction really played with my nerves. After such an excelent month and great quality of trand in last minute it had a bearish retracement. What is more crazy is that after 1 minute 12 :02 the deviation became only 0.04% the price reaching 0.81185. The outcome 0.11% is good but compared to 0.04% is frustrating.

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NZD/JPY - Breakout Incoming !

Metal_Mind Posted 24 Nov. as Analysis on NZD/JPY, Target: 79.560, Date: 2nd of January, 12:00 GMT  in #Technical analysis #Breakout #Bullish #NZD/JPY #Lower #Momentum #Incoming #Fan Lines


Charts: 1 Day,1 Week.
Indicators:Fibonacci Fan Lines,Support & Resistance Levels,Time Markers,MACD, EMA 200,100,50.
Current Level : 83.05

NZD/JPY pair is on a potential massive breakout opportunity either to the upside or downside. Even though there is a an important congestion area at the current support which could be the start-up of a bullish breakout my guess is that won't happen.I belive from what i see in the chart that the price will break lower fan lines 50.00% of 1 week and mo…
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USDCAD- Breaking Fan Lines!!

Metal_Mind Posted 31 Oct. as Analysis on USD/CAD, Target: 1.0299, Date: 2nd of December, 12:00 GMT  in #Technical analysis #USD/CAD #Fibonacci #Highs #Fan #Lines #Lower #Higher #Lows #Waves #Target

Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.0458

USDCAD started a big channel up in September last year from support ( 0.9633). The trend has been pretty strong , bouncing up and down from fan lines but always breaking higher. Recent price action as can be seen on the chart shows two similar waves that formed lower highs and higher lows ,breaking fan lines lower , which make me think looking …
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Metal_Mind 21 Nov.

UPDATE 1 : This prediction is wrong . Current trend is bullish and at 300 pips from target.

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