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EUR/CAD - Bullish Rise !

Metal_Mind Posted 30 Nov. as Analysis on EUR/CAD, Target: 1.4665, Date: 2nd of January, 12:00 GMT  in #Technical analysis #Trend #Trendline #Bullish #EUR/CAD #Rise #Black #Track

Charts: 4 Hours, 1 Week.
Indicators:Support & Resistance Levels,Time Markers,MACD, EMA 200,100,50.
Current Level : 1.4435


EUR/CAD has been bullish from mid August 2012 . From my perspective the bullish trend is sure on the right track and headed to see higher grounds.If we look at the black trendline we can see the price action smoth bullish run without any interuptions even on important support and resistance zone. My prediction for the 2 of January 2014 is a price level of 1.4665.

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Metal_Mind 26 Dec.

UPDATE 1: This is an excelent and perfect prediction. My target has been already reached and the pair made a high at 1.4707 35 pips higher than expected but it did retrace as i predicted in the chart and the prospect is very good for the following days. The current level is 1.4540 which is 125 pips bellow the target.

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Metal_Mind 28 Dec.

UPDATE 2: The pair has reached target already which is great.The pair is now retraceing and the current level is 1.4713 which is 47 pips above target. The prospects are great for this prediction and we could expect a great result.

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Metal_Mind 30 Dec.

UPDATE 3 : Current price level is 1.4684 which is 19 pips above target. This might be a close prediction.

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Metal_Mind 1 Jan.

UPDATE 4: The settlement is tomorow and the pair had a very strong bearish move yesterday. Current price level is 1.4606 which is a 59 pips deviation. If we have a retracement tommorow this prediction might hit the target.

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Metal_Mind 2 Jan.

Final Update : It seem the the price at settlement was 1.4583 which is a 82 pips deviation from target .

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AUD/USD-Channel within channel!

Metal_Mind Posted 30 Nov. as Analysis on AUD/USD, Target: 0.9276, Date: 2nd of January, 12:00 GMT  in #Technical analysis #AUD/USD #Bullish #Real #Red #Fake #Channel #Black

Charts: 4 Hours, 1 Week.
Indicators:Fibonacci Retracements,Support & Resistance Levels,Time Markers,MACD, EMA 200,100,50.
Current Level : 0.9110

AUD/USD pair is in a bullish channel which seem to have been broke this month. This fact is not entirely right. This month i predicted for December a retracement from the bullish channel which occured as predicted. Two months ago i predicted the start of the bullish channel which now is in development. So if we take a close look at the chart …
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Metal_Mind 26 Dec.

UPDATE 1; This predictiont is pretty far from target but correct. Current price level is 0.8881 which is almost 400 pips bellow target. But despite that the trend is giving signs that a bullish reversal is set to take place for sure next month to come.

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