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AUD/CAD - Retracement within Channel up !

  • Charts: 4 Hours, 1 Day,1 Week.
  • Elements used: Fibonacci Fan Lines,Fibonacci Retracements,Supports & Resistances.
  • Prepared with : JForex 4.
  • Current Level : 1.0094
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Metal_Mind 25 June

UPDATE 1: EXCELENT PREDICTION . This pair  had  its bearish retracement as i predicted it and not only that  but  now is only at a 56 pips deviation from target. This is one very good prediction,in terms of both quality and timming.

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Metal_Mind 27 June

UPDATE 2: Deviation increased to 71 pips  now. The 1 Day chart still demands bearish momentum so the situation might  become very favourable  until settlement.

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GBP/NZD-Breaking the Channel down !!

Charts: 4Hours, 1 Day.
Elements used: Pattern Analysis Widget, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 2.0084

GBP/NZD as can bee seen on the chart bellow is in a channel up pattern formation,but there is very interesting about this particular formation. If we look closely we can see that while forming this channel up the pair made 3 resistances each one higher than the other and 2 (highers low) supports . I analyze this pair for quite some time now and i see here a distinct …
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Metal_Mind 27 Mar.

UPDATE 1: WRONG DIRECTION

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