- Charts: 4 Hours, 1 Day.
- Elements used: Patterns,Supports & Resistances.
- Prepared with : JForex 4.
- Current Level : 0.8392
Metal_Mind's Blog
AUD/CHF -Channel UP !
CAD/CHF-Swiss franc getting stronger!
- Charts: 4Hours, 1 Day.
- Indicators: Fibonacci Fan Lines,Fibonacci Retracements,CCI.
- Prepared with :JForex 4.
- Current Level :0.8016.
AUD/USD - Bullish Rally!
- Charts: 4Hours, 1 Day.
- Indicators: Fibonacci Fan Lines,Retracements,CCI.
- Prepared with :JForex 4.
- Current Level :0.9251.
EUR/NZD -Bearish Sentiment
Charts: 4Hours, 1 DAY.
Indicators: Fibonacci Fan Lines,Fibonacci Retracements,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.6451
EUR/NZD is definately 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 false bullish run and after that a complete & gradual fall of the…
GBP/JPY-Retracement or Revarsal??
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines, Fibonacci Retracements,EMA 3,5,13,21,50,100,Time Markers.
Current Level : 170.80
GBP/JPY have had a very interesting layout in past two months. The strong bullish wave that stopped in on 31st December making room for a waited retracement after over 800 pips bullish momentum without any major retracements. The pair surprised in these two month with very strong bearish & bullish trends and intermidiate movements that lasted for days.
Th…
AUD/NZD- Channel Down !
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines, Retracements,MACD, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 1.0586
AUD/NZD is in a channel down pattern for more than 8 months now. This channel down pattern is very viable also smoth and heading downwards gradually without any major disruption in the pattern.MACD on 4h chart indicates a bearish trend development soon which could be followed by some retracements but nothing significant.I don't see a channel breakout any…
AUD/USD-Bearish continuation!
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines, Retracements,MACD, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.8804
AUD/USD pair after breaking the major support zone at 0.8848 made way for further down momentum.The trend is clearly bearish and also if we take a look at the support line we can see that we have no pin bar that could indicate us a bottom & a possible reversal to come so bearish is surely the trend direction for the month to come. My predicted price leve…
CAD/CHF- Channel down continuation!
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,MACD, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.8315
CAD/CHF current price level is 0.8315 and price action is moving within 50.00% & 61.80% retracements level .My wiew for the next month is that the pair might try to retest retracement level 50.00% (0.8519) and afterwards pullback and continue its channel down pattern until fibonacci 61.80%(0.8190) where it could test ,break and retrace back higher .
There are very stron…
Elements used: Fibonacci Retracements,MACD, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.8315
CAD/CHF current price level is 0.8315 and price action is moving within 50.00% & 61.80% retracements level .My wiew for the next month is that the pair might try to retest retracement level 50.00% (0.8519) and afterwards pullback and continue its channel down pattern until fibonacci 61.80%(0.8190) where it could test ,break and retrace back higher .
There are very stron…
EUR/GBP -Bearish Momentum!
Charts: 1 Day,1Week
Indicators: Fibonacii Fan Lines,Fibonacci Retracements, Support & Resistance Level , MACD, EMA 200,100,50,Time Markers.
Current Level : 0.8409
EUR/GBP is in a channel down formation from 2009 followed by regular retracements.The pair encounter a major resistance at Fibonacci fan lines 1 W (0.8819) level from where it continued the bearish channel. The price action currently moves within 50.00% & 38.20 fibonacci fan lines levels but the general trend is bearish and will c…
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…