- Charts: 4 H,1 Day
- Elements used: Fibonacci Retracements , CCI,Support & Resistance
- Current Level : 0.7375
Metal_Mind's Blog
NZD/CHF-retests major support zone!
AUD/CAD - Continues Retracement !
- Charts: 4 Hours, 1 Day.
- Elements used: Fibonacci Fan Lines,Supports & Resistances.
- Prepared with : JForex 4.
- Current Level : 1.0048
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.
EUR/USD - Reversal on hold for now!
- Charts: 4Hours, 1 Day.
- Indicators: Fibonacci Fan Lines,Fibonacci Retracements,
- Prepared with : JForex 4.
- Current Level : 1.3692
EUR/AUD-Retest Resistance& Support between Fan lines!
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fan Lines,Support & Resistance,EMA:3,5,13,21,50,100,200.
Current Level : 1.5295
EUR/AUD has been extremly volatile stariting this year. The year started continuing the bearish trend and the pair made a 350 pips sharp bearish move.Also after that move the pair hovered in a range for some days and made another 550 pips bullish move in just 3 days. After last month bearish price action i expect the fibonacci fan lines level (23.60) to ho…
GBP/NZD- Retest retracement!
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :2.0001
GBP/NZD has made a strong bullish move starting November 21 of almost 600 pips making also a new high at 2.0243 from which it etraced lower.On the chart bellow we can see a major support & resistance zone on which this pair has been struggling every time it try to break lower or higher.
The pair bias is bullish on the long term with prospect of breaking 2.…
Indicators: Fibonacci Retracements,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :2.0001
GBP/NZD has made a strong bullish move starting November 21 of almost 600 pips making also a new high at 2.0243 from which it etraced lower.On the chart bellow we can see a major support & resistance zone on which this pair has been struggling every time it try to break lower or higher.
The pair bias is bullish on the long term with prospect of breaking 2.…
GBP/JPY - Range followed by Retest!
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Fan Lines,Support & Resistance Levels , MACD .
Current Level : 168.39
GBP/JPY price broke key resistance at (169.13) for the first time on 3rd December followed by a retracement and encountering a support at (165.88) level .From 5 to 10 December we had an exceptional 415 pips bull run towards (170.07) level.After a short 200 pips retracement there was another attempt to break higher but the momentum isn't strong enough to to that and currentl…
CAD/CHF - Retest Support !
Charts: 4 Hours, 1 Week.
Indicators:Support & Resistance Levels,Time Markers,MACD, EMA 200,100,50.
Current Level : 0.8545
CAD/CHF is similar to other currency pairs quoted with swiss franc and is moving within a large range zone. The CADCHF range is 1300 pips wide with the base support set at (0.8520) that was recently broke . I expect a bullish retracement to occour this month and afterwards the price action to attempt retest the 0.8520 support level. My predicted price level for 2 …
SGD/JPY - Retest & Break of Fan Lines
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 80.41
SGD/JPY pair is in general a very interesting pair to study & analize.In the chart below we can that recent price development that occured as a retracement from that big bullish trend is constantly testing ,retesting & breaking fibonacci fan lines.I highlighted this zone in purple.We can see the first break of the fan lines 23.…
NZDJPY - Bull Run Towards Resistance
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :81.26
NZDJPY had a long bullish run last year from the (58.04) price level to the (86.45) level. From there we can see the trend pulled back and retraced towards fibonacci retracement 38.20% (75.60) price level and now continue the bullish run in the attempt to reach the previous major resistance set at (86.45) to retest it. I predict th…
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :81.26
NZDJPY had a long bullish run last year from the (58.04) price level to the (86.45) level. From there we can see the trend pulled back and retraced towards fibonacci retracement 38.20% (75.60) price level and now continue the bullish run in the attempt to reach the previous major resistance set at (86.45) to retest it. I predict th…