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NZD/CAD- Strengthens further more !

Metal_Mind Posted 22 Mar. as Analysis on NZD/CAD, Target: 0.9658, Date: 1st of May, 12:00 GMT  in #Technical analysis #Price #Kiwi #Rates #Action #Interest #Q4 #NZD/CAD #Rbnz #Ecomomy
  • Charts: 4 H,1 Day
  • Elements used: CCI, Support & Resistance
  • Current Level : 0.9515
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Metal_Mind 14 Apr.

UPDATE 1: The pair is trading at 0.9376 which is over 300 pips from target. I was a bit to bullish on the kiwi but still with half a month things can go very well. We shall have to wait and see.If the current reatracents finds a supports and develop a higher low there are high chances to narrow the deviation.

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Metal_Mind 18 Apr.

UPDATE 2: As said in previous update i was expecting a higher low  which formed 2 days ago on  the 0.9297 level .The new formed support was strong and from there the price action jumped over 100 pips in that day. I may say that the current outlook is definitely very good . We would probably see a 270 to 300 pips ascent  and afterwards a retracement which could be exactly what needed to hit my target.

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Metal_Mind 30 Apr.

UPDATE 3 : The prediction is  very far from target.

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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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EUR/NZD - Range to be expected!

Metal_Mind Posted 18 May as Analysis on EUR/NZD, Target: 1.5910, Date: 1st of July, 12:00 GMT  in #Technical analysis #Setup #Fibonacci #Price #Fan #Lines #Action #Range #EUR/NZD #Expected
  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements,
  • Prepared with : JForex 4.
  • Current Level : 1.5866
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Metal_Mind 25 June

UPDATE 1: Current price level is 1.5600 which is at over 300 pips deviation from target .

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Metal_Mind 27 June

UPDATE 2: Deviation increased to over 400 pips.

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USD/JPY-From Range to Breakout!

Metal_Mind Posted 28 Feb. as Analysis on USD/JPY, Target: 100.4500, Date: 1st of April, 12:00 GMT  in #Technical analysis #USD/JPY #Breakout #Price #Action #High #Time #Range #Low #Frames

Charts: 4Hours, 1 Day.
Indicators: Fibonacci Fan Lines,Fibonacci Retracements,EMA 200,100,50.
Current Level :102.08
USD/JPY after two monts ago reached an high at (105) level has begin retracing to (102) price level , which lasted most of January.The dollar hited a 1 month low.The current price level hit fibonacci retracement level 38.20%(102.20) and from the look of it ,last month i belived we would have by now a bullish trend at (104) price level.
That has not happend , the pair moved all…
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Convallium avatar
Convallium 28 Feb.

I like your prediction)

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Metal_Mind 27 Mar.

UPDATE 1: Currently the trend is in a range. On 17 march  the pair  reach an  low at 101.20 which was on the right track and closer to my target. Current price level now is 102.22 which is  an 220 pips deviation .This big range started on 3 February and now has pass over 2 month. Personally i see a bearish brekout soon and this prediction will be quite good even if the timming won t be so precise.   

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Metal_Mind 28 Mar.

UPDATE 2: Friday closing price was 102.84  sending the deviation to more than 240 pips.

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EUR/NZD -Bearish Sentiment

Metal_Mind Posted 26 Feb. as Analysis on EUR/NZD, Target: 1.6241, Date: 1st of April, 12:00 GMT  in #Technical analysis #Trend #Support #Bearish #Bullish #Sentiment #Price #Action #Retracements #EUR/NZD

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…
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Metal_Mind 27 Mar.

UPDATE 1 :The direction is definatly good. The trend is bearish as i anticipated  but what i didn t anticipated is the  strength of  the kiwi  which  made the pair plummet  over 600 pips from the time i put thi prediction and send the pair 400 pips below my target.

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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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AUD/CAD-Pin Bars reveal bullish price action!

Metal_Mind Posted 21 Jan. as Analysis on AUD/CAD, Target: 0.9792, Date: 3rd of March, 12:00 GMT  in #Technical analysis #Support #AUD/CAD #Bullish #Price #Action #Pin #Bar
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…
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Metal_Mind 27 Feb.

UPDATE 1: Deviation is over 200 pips.!!!

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Metal_Mind 2 Mar.

UPDATE 2: Current price level is 0.9873 which is 80 pips above the target. This is a close prediction and might be proven quite right.

jezz avatar
jezz 2 Mar.

Nothing can surprise us tomorrow...

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Metal_Mind 3 Mar.

UPDATE 3: Current price action is 0.9885 which is over 93 pips above target. With one hour to go this prediction is a bit far from target.

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EUR/GBP -Bearish Momentum!

Metal_Mind Posted 30 Nov. as Analysis on EUR/GBP, Target: 0.8213, Date: 2nd of January, 12:00 GMT  in #Technical analysis #Bearish #EUR/GBP #Price #Action #Channel #Retracements


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…
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Metal_Mind 26 Dec.

UPDATE 1 : The pair has made an up swing as expected and now is continuing the downtrend. Current level is 0.8337 which is 113pips above the target.

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Metal_Mind 28 Dec.

UPDATE 2: The pair has made a bullish retracement but the main bearish trend was stronger. The target is still valid and on the path to be reached.

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Metal_Mind 30 Dec.

UPDATE 3 : Current price level is 0.8356 which is 142 pips above the target. With one day to go and large volatility anything can happen.

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Metal_Mind 1 Jan.

UPDATE 4: The pair experinced a 80 pip bearish reversal yesterday which brought the price to 0.8300 which is more closer to my target. The deviation now is 87 pips above the target and the prospects for tommorow are great.

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Metal_Mind 2 Jan.

Final Update : The price at settlement seem to have been 0.8283 which is a 71 pips deviation from target.

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NZDCHF-Respects Fan Lines!

Metal_Mind Posted 31 Oct. as Analysis on NZD/CHF, Target: 0.7406, Date: 2nd of December, 12:00 GMT  in #Technical analysis #NZD #CHF #NZD/CHF #Bearish #Fibonacci #Price #Fan #Action #Target #Background

Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 0.7489

NZDCHF is a very complicated and hard to predict pair because it has unpredictable sharp moves,but regarding these facts i will try to make a very logic technical analysis on this pair. I added all my tool that i use in general, Fibonacci Retracements, Fan lines, MACD, and EMA. Recent price action developed and moved above fibonacci fan …
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agddivisas 3 Nov.

Very good analysis!

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Metal_Mind 21 Nov.

UPDATE 1: The pair made a swing high as i predict it but a bit different in the number of pips. Nonetheless the current treand is bearish and on the right path to reach my target.The current price level is 0.7509 which is 103 pips above my target. It is a good prediction .We will just wait and see how will settle.

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Metal_Mind 28 Nov.

UPDATE 2: The target has been reached already yesterday 28 November . The current price level is 0.7354 ,which is 50 pips below from the target. Excelent prediction until now in terms of quality.

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Metal_Mind 1 Dec.

UPDATE 3: Outstanding prediction. The qulity of the movement predicted on the chart is incredibly accurate . The current price level is 0.7388 and the price action is now rallying towards my target as i predicted it in the chart above. Excelent prediction.

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Metal_Mind 2 Dec.

FINAL UPDATE :Current price level is 0.7415 only 9 pips deviation from target. WIth 6 hours to go until settlement, this prediction will be very close.

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AUDUSD - POSSIBLE CHANNEL DOWN

Metal_Mind Posted 25 Oct. as Analysis on AUD/USD, Target: 0.9368, Date: 2nd of December, 12:00 GMT  in #Technical analysis #AUD #USD #Resistance #Level #AUD/USD #Price #Fan #Lines #Action

Charts: 4 Hours, 1 Day
Indicators: Fibonacii Fan Lines,Fibonacci Retracements, Support & Resistance Level , MACD, EMA 200,100,50.
Current Level : 0.9620

AUD/USD seen on a daily chart with Fibonacci Fan Lines reflect the possibility of a bearish trend start and a bearish channel down formation. The pair stopped at a major resistance zone (0.9770) and now retraced lower. My prediction is a bearish trend that continues in a channel down formation between Fan lines 61.80% level and 50.00% …
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Maria_r 25 Oct.

+

Daytrader21 avatar
Daytrader21 28 Oct.

We're on the same line with aussie, but just after I've submitted my forecast I thought that we can still move to the upside and retest the parity level

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Metal_Mind 9 Nov.

UPDATE 1: This is one of my favourite pairs because i find it very predicatable . I predicted correctly that the bullish channel will be broke, but what i miss to predict is such a good result of Non Farm Payrols which boosted the dollar a bit more than usualy,shoting through my target alread, and founding a support level at (0.9352) price level , which is 16 pips below my target. The next movement will surelly be a consolidation and maybe a range .

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Metal_Mind 21 Nov.

UPDATE 2: The current level is 0.9226 more than 100 pips below my target.With all the good news for the dollar the pair is trading a bit lower than predicted. We shall wait and see were it will settle .

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