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EUR/AUD-Aussie fall boosted by RBA !!!

  • Charts: 1 Day,1 Week
  • Elements used: Fibonaci Fan Lines,Fibonacci Retracements,RSI,.
  • Current Level : 1.4469
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EUR/AUD - Slight Bearish!

  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements.
  • Prepared with : JForex 4.
  • Current Level : 1.4455
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Metal_Mind 31 July

UPDATE 1 : Current price level is 1.4367 which represent 80 deviation frim target. with a day to go the price action could pick up and recover the loses.

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EUR/AUD -Breaking Fan Lines !

  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements,Pattern Analysis Widget.
  • Prepared with : JForex 4.
  • Current Level : 1.4619
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Metal_Mind 25 June

UPDATE 1:EXCELENT PREDICTION & GREAT QUALITY .The price level broke the fan lines as i epected and headed lower founding a ground support around 1.4355 price area very close to my forecasted support zone ,and shortly after the price extended over 200 pips higher coming very close to  meeting my target. Current price level is 1.4527 which is a 40 pips deviation from target. With several days to go this prediction has  enough time to hit target.

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Metal_Mind 27 June

UPDATE 1 : The deviation increased to 100 pips.

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EUR/AUR-Trade & Long Term Wiew

  • In this blog i would like to explain my EUR/AUD trade idea ,how i got it and what is my wiew on long term for this pair.The trade idea come to me as i was conducting my daily analysis . O spotted an great opportunity in what looks like an inverted head & shoulder pattern.It is quite far from the regular look of the pattern but still in my eyes is very viable.

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EUR/AUD-Retest Resistance& Support between Fan lines!


Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fan Lines,Support & Resistance,EMA:3,5,13,21,50,100,200.
Current Level : 1.5295


EUR/AUD has been extremly volatile stariting this year. The year started continuing the bearish trend and the pair made a 350 pips sharp bearish move.Also after that move the pair hovered in a range for some days and made another 550 pips bullish move in just 3 days. After last month bearish price action i expect the fibonacci fan lines level (23.60) to ho
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Metal_Mind 27 Mar.

UPDATE 1 : WRONG DIRECTION

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EUR/AUD-Dance between Fan lines & retracements!


Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines, Retracements,MACD, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 1.5306
EUR/AUD has been extremly volatile stariting this year. The year started continuing the bearish trend and the pair made a 350 pips sharp bearish move.Also after that move the pair hovered in a range for some days and made another 550 pips bullish move in just 3 days. The current price action is bearish heading downwards and i personally think there will
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Metal_Mind 26 Jan.

It depends on what time frame you analize or what time frame you trade.

jezz avatar
jezz 26 Jan.

I look at the Chinese horoscope... or their outlook of the economy, to put it more serious. No technicals, just looking at the prospect of the economy

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Metal_Mind 26 Jan.

:)) To quite my friend @ Daytrader : The BOA governer verbal intervention is sure a think to take account . Nice & stedy the aussie is going down.

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Metal_Mind 27 Feb.

UPDATE 1: This preddiction is quite excelent. Quality is great and target has been reached already. Current price level is 1.5298 which is 160 pips above target. For this volatile pair this looks very close to target.

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UPDATE 2: Current price level is 1.5450 and the deviation incresead from the last update to more than 300 pips.

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EUR/ AUD pending order payed big time on RBA news

Several days ago when i was analizing several pairs for the tehnical analysis contest i also took a look at the EUR/AUD. I didn't suceed to post on time this analysis but the work done wasn't in vain. I rembered this pair because it has an excelent potential for a bullish run of at least 300-500 pips very soon. My point here is also backed by recent RBA necesity for a weaker aussie to boost the economy rather than a last resort solution like an interest rate cut,which they said is
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I prepared a very nice chart but i got an error message and couldn;t post it. I was allowed only to post without the picture.

jezz avatar
jezz 4 Dec.

This is a very good plan. You've written it like you lost money. Good work

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thanks jezz

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EURAUD - Descending


Charts: 1 Day,1Week
Indicators: Fibonacii Fan Lines,Fibonacci Retracements, Support & Resistance Level , MACD, EMA 200,100,50,Time Markers.
Current Level :
0.8639

EURAUD has rebounded from a major resistance zone at (1.50) price level, and now is turning into a descending bearish channel as can be observed very well on the yellow background which highlight's 1 Week Fan lines 38.20 % & 50.00.There is a clear bearish trend forming up , and the move seems to target next Fibonacci 61.80% Lev
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Maria_r 27 Oct.

good/ +1 like

Daytrader21 avatar

EURAUD has a tremendous opportunity ahead and if you are in the right direction it can netted you at least 1000 pips. It can break in both directions but I favor the upside

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Metal_Mind 21 Nov.

UPDATE 1 : Wrong prediction

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EUR/AUD Aussie Strengthens!

Charts: 4Hours ,1 Day,1Week.
Indicators
: Fibonacci Fan Lines on 4 H, 1Day,1Week Time Frame;Support & Resistance Levels,EMA200.
Current Level : 1.4440.

EUR/AUD has formed a large bullish trend starting April and until 28th August when it reached a major resistance at (1.5058) level beeing also the fibonacci fan line 58.00 , from which began retracing as can be seen from the charts below.I predict that recent interest rate cut by RBA will strengthen even more the Australian Dollar and will
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Daytrader21 avatar

EURAUD is one of my favorite exotics pairs, wish you good luck

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Metal_Mind 20 Oct.

UPDATE 1: My prediction that recent interest rate cut by RBA will strengthen even more the Australian Dollar had proven to be right. The trend direction is correct & accurate and also the current price level is at 1.4155 , that is 58 pips from the target. A very good prediction overall . We will see what happen in the following days.

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UPDATE 2: This is a good prediction. The trend is in the right direction.The current level though is 200 pips above target level.

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