Open trading account 
- Charts: 4 Hours, 1 Day.
- Elements used: Fibonacci Fan Lines,Supports & Resistances.
- Prepared with : JForex 4.
- Current Level : 1.0048
Metal_Mind's Blog
AUD/CAD - Continues Retracement !
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
AUD/CAD-Wide Range!
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines,EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.9992
AUD/CAD seen on a weekly chart reveal us that the pair has some major support zones in form of significant pin bars folowed by sharp bullish price action.Also current trend found support above fan lines zone and it is more likely to see a bearish pr range momentum in the following month rather than a bullish one.
I have added on the chart bellow fibonacci fan lines from the hig…
Elements used: Fibonacci Fan Lines,EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.9992
AUD/CAD seen on a weekly chart reveal us that the pair has some major support zones in form of significant pin bars folowed by sharp bullish price action.Also current trend found support above fan lines zone and it is more likely to see a bearish pr range momentum in the following month rather than a bullish one.
I have added on the chart bellow fibonacci fan lines from the hig…
AUD/CAD-Pin Bars reveal bullish price action!
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines,Fibonacci Retracements,MACD, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.9659
AUD/CAD seen on a weekly chart reveal us that the pair has some major support zones in form of significant pin bars folowed by sharp bullish price action.Also current trend found support above fan lines zone and it is more likely to see a bullish momentum in the following month rather than a bearish one.The pair could try to retest fibonacci r…
Elements used: Fibonacci Fan Lines,Fibonacci Retracements,MACD, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.9659
AUD/CAD seen on a weekly chart reveal us that the pair has some major support zones in form of significant pin bars folowed by sharp bullish price action.Also current trend found support above fan lines zone and it is more likely to see a bullish momentum in the following month rather than a bearish one.The pair could try to retest fibonacci r…
AUD/CAD - 1100 pips Rally !
Charts: 4 Hours, 1 Week.
Indicators:Fibonacci Fan Lines,Fibonacci Retracements,Support & Resistance Levels,Time Markers,MACD, EMA 200,100,50.
Current Level : 0.9621
AUD/CAD current wiew is partial bearish for another 100 maybe 200 pips but analized on a 1 Week time-frame the picture is alot different.On the chart bellow we can see that there is a potential room for a bullish run up towards 1.0700 which is an 1100 pips opportunity.Also on historical movement i found that recent la…
AUDCAD - FAN LINES CHANNEL UP
Charts: 4 Hours, 1 Day
Indicators: Fibonacii Fan Lines,Fibonacci Retracements, Support & Resistance Level , MACD, EMA 200,100,50.
Current Level : 0.9989.
AUDCAD from my point of wiew will see further upside movement, but at this moment the most possible scenario is a retracement towards (0.9871). The reason i am saying this , is that while studying recent price action reaction to EMA 200 i sow that when there is an U formation like this one in 1 Day chart, the price action usually tends to…
AUDCAD CHANNEL UP
Charts: 4Hours ,Daily.
Indicators: Support & Resistance Levels, Relative Strength Index ,Trading Patterns
Current Level : 0.9678
AUD/CAD has been bearish starting April and until the 1st August ,when it reached a major support zone at (0.9174),from which it started a bullish trend in a channel up formation which can be seen from the first picture as beeing very well consolidated .Regarding the recent interest rate cut by RBA in their attempt to stimulate economy and keep the Aussie low…
Indicators: Support & Resistance Levels, Relative Strength Index ,Trading Patterns
Current Level : 0.9678
AUD/CAD has been bearish starting April and until the 1st August ,when it reached a major support zone at (0.9174),from which it started a bullish trend in a channel up formation which can be seen from the first picture as beeing very well consolidated .Regarding the recent interest rate cut by RBA in their attempt to stimulate economy and keep the Aussie low…