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EUR/USD - Visual Analysis!


Charts: 4Hours, 1 Day.
Elements used:Fibonacci Fan Lines,Retracements;Percent Lines;EMA,3,5,13,21;MACD;Time Markers.
Current Level : 1.3497
EUR/USD
pair in my wiew is one of the most , if not the most hard pair to predict accurately. The fact that it comprises these 2 great economies the United States & European Union it's younger ''brother'' makes it so hard to predict. The monetary policy of the EU and the fact that not all countries have euro as currency makes this pair react
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Metal_Mind 26 Feb.

UPDATE 1: Current price level is 1.36 over 300 pips above my target. With some major good news for the dollar the prediction may be in the books.

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UPDATE 2 : Current price level is 1.3799 which is over 420 pips above the target.

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CAD/JPY- Seek higher grounds!


Charts: 4Hours, 1 Day.
Indicators: Pattern Analysis Widget , MACD .
Current Level : 95.19

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 identified a complete triangle pattern of 100% mag
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Metal_Mind 27 Feb.

UPDATE 1; WRONG DIRECTION.

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UPDATE 2: Current deviation over 400 pips.

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USDRUB- Rouble lose ground!


Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 32.39

Russian rouble
as seen in chart 2 ,starting from March 2012 has strengthen considerably against the us dollar until mid January 2013 when it started to lose ground constantly against the '''greenback''' .At August's end , rouble had an sharp attempt to gain some track against the dollar which didn't last as can be seen on chart bellow.The dol
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Metal_Mind 26 Dec.

UPDATE 1 : Current price level is 32.68 with prospect of lower grounds. Having in mind that we still have some trading days to go anything can happen. We will just have to wait and see.

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EUR/CAD Double Bottom?

EUR/CAD has been on a bearish trend from the past 3 years until it found a first major suport zone at 1.2450 from which started a pullback to (1.4406), which after numeros failed attempts of breaking while forming a 1 year consolidation zone between (1.4406) and fibonaci retrecement level 23.60% (1.3395) ,break lower and formed a lower support at (1.2118).After hitting that support we can observe a new retreacement which break the 1 year consolidation suport of (1.3395) with a minor bearish pull…
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Metal_Mind 15 Aug.

A month after my prediction and the highest level reached was 1.3930 with a pullback right now setting at 1..3724. The trend looks strong and i see upmomentum. I am not sure if the target will be reached but i think 1.40 at least until 1 September.

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Metal_Mind 22 Aug.

Only 8 days left until 1 September and the pair has made a strong bull move of over 357 pips starting 15 august. Today the price is 1.4053 i see futher up momentum after consolidation. The target may even get surrpased until 1 September

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Metal_Mind 22 Aug.

Sorry for mistaken 1 September , i meant 2 September in my previous comments.

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Berkeley 22 Aug.

Good Analysis, Hope to see as a winner on the podium!

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Update: With one day to go before target the curent price is 1.3965 and is at over 215 pips from target. The target was almost reached last week price reaching 1.4140 high been at 40 pips below target. At the current price only a market exceptional event could make the target be reached by tomorow. A realistic target for tomorow will be 1.4025

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