- Charts: 4Hours, 1 Day.
- Indicators: Fibonacci Fan Lines,Fibonacci Retracements.
- Prepared with : JForex 4.
- Current Level : 1.4455
Metal_Mind's Blog
EUR/CAD - Bearish within fan lines !
CAD/JPY - Reaching 50% fan line !
- Charts: 4Hours, 1 Day.
- Indicators: Fibonacci Fan Lines.
- Prepared with : JForex 4.
- Current Level : 95.04
EUR/NZD - Range to be expected!
- Charts: 4Hours, 1 Day.
- Indicators: Fibonacci Fan Lines,Fibonacci Retracements,
- Prepared with : JForex 4.
- Current Level : 1.5866
CAD/JPY-Dance between fan lines!
- Charts: 4Hours, 1 Day.
- Indicators: Fibonacci Fan Lines,Fibonacci Retracements,
- Prepared with : JForex 4.
- Current Level : 93.80
EUR/JPY-Triangle Pattern!
Charts: 4Hours, 1 Day.
Elements used: EMA 3,5,13,21,50,100,Time Markers.
Current Level : 141.02
EUR/JPY has had a 5100 pips sharp bullish rise month after month until recently when it seem to have encounter a resistance level. I used percent lines levels last month to determine where the pair could be heading. I predicted a retracement period.
Today i can conclude that i was right. The retracement period did occured but the losses were recovered very quickly and the pair played in a range …
EUR/CAD - Double Bottom!
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Fan Lines,Support & Resistance Levels ,EMA:3,5,13,21,50,100.
Current Level :1.5196
EUR/CAD pair has been bullish from mid August 2012 . I keep my last 3 months bullish perspective for this pair.This month the pair had experienced quite a range more than half a month after the berish retracement as the result of the last month 550 pips sharp bullish trend.
The pair moved at it's max 460 pips and now seems to be retracing since it retested and fai…
AUD/USD-Bullish Reversal !
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fan Lines,Support & Resistance,EMA:3,5,13,21,50,100,200.
Current Level : 0.8979
AUD/USD is in a very interesting set up right now. If we watch closely on the 4 Hours chart we can see that the pair made a major resitance at (0.9095) and afterwards descended in a bearish trend forming an important support zone at the (0.8660) price level from where the price action started another rally.
As we can see we had in the first half of…
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…
GBP/JPY-Retracement or Revarsal??
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines, Fibonacci Retracements,EMA 3,5,13,21,50,100,Time Markers.
Current Level : 170.80
GBP/JPY have had a very interesting layout in past two months. The strong bullish wave that stopped in on 31st December making room for a waited retracement after over 800 pips bullish momentum without any major retracements. The pair surprised in these two month with very strong bearish & bullish trends and intermidiate movements that lasted for days.
Th…
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 …