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First Trade Ideea on GBP/JPY !

This is my first trade ideea for this month. While doing my analysis i discovered a very nice big range development on the GBP/JPY. I went through other yen pairs but this one seemed more prolific.Excepting the all recent rather chaotic move on yen croses i sow a rather predictble pattern on this one.From the looks of it we seem to have an inverted head & shoulders. I studied past price action and find some similarities. I found another moment very recent were after a range on a daily
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SGD/JPY - Retest & Break of Fan Lines


Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 80.41

SGD/JPY pair is in general a very interesting pair to study & analize.In the chart below we can that recent price development that occured as a retracement from that big bullish trend is constantly testing ,retesting & breaking fibonacci fan lines.I highlighted this zone in purple.We can see the first break of the fan lines 23.
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Metal_Mind 26 Dec.

UPDATE 1 . Wrong Prediction

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NZDJPY - Bull Run Towards Resistance

Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :81.26


NZDJPY had a long bullish run last year from the (58.04) price level to the (86.45) level. From there we can see the trend pulled back and retraced towards fibonacci retracement 38.20% (75.60) price level and now continue the bullish run in the attempt to reach the previous major resistance set at (86.45) to retest it. I predict th
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Metal_Mind 21 Nov.

UPDATE 1 : The prediction is good, the trend movement is exactly as drawn respecting fan lines and moving in the channel between them. Target has been reached already .Current level is 82.90. The market will decide final target but probably it will be very close . This is a very good prediction .

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Metal_Mind 28 Nov.

UPDATE 2 : Target has been reached already. Current price level is 83.00 With two more days to go the premises are very good.

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UPDATE 3: THe current price level is 83.37 but what is most important is the direction which is bearish and right on track as expected. The prediction is extraordinary and has a great level of quality. There are only 49 pips deviation from the target and until tommorow settlement there is enough time for this prediction to be meet.

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AUD/JPY - Third Wave ?


Charts: 4 Hours, 1 Day
Indicators: Fibonacii Fan Lines,Fibonacci Retracements, Support & Resistance Level , MACD, EMA 200,100,50.,Time Markers.
Current Level :
93.54.

AUD/JPY bullish trend pulled back after breaking 50% Fibonacci Fan Lines Level. Probablly the trend will continue it's bearish retracement until Fibonacci retracement lecel 38.20% (92.69) follwed by a strong bullish move until next retracement level 23.60%(97.57). There is an important resistance zone, and previously a range
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Maria_r 25 Oct.

+1 )

Daytrader21 avatar

Nice analysis

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Metal_Mind 21 Nov.

UPDATE 1 : Current level is at 93.27 . The pair didn't made a bigger third wave as predicted. Nonetheles with 10 days to go it has time to meet forecast.

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CAD/JPY Bearish Trend Development.

Charts: 1 Day,1Week.
Indicators
: Fibonacci Retracemets;Fibonancci Fan Lines 1D, 1W TF;Support & Resistance Levels,RSI
Current Level : 95.34

CAD/JPY has finally encounter a Resistance at (101.33) after that 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 ). I forecast that th
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Daytrader21 avatar

I'm with you on this one we should see some retracement in all xxxjpy pairs

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Metal_Mind 22 Oct.

UPDATE 1; The pair is in range , no significant movement from the level when i posted the analysis. The direction & chart example is very good but not so accurate. This prediction is very far from target level.

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UPDATE2 : Astonashing Prediction. This prediction come true , and it moved exactly as i predicted in the chart below.The current level is 93.98 , almost 200 pips far but the quality of the prediction is very good.

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