- Charts: 1 Day,1 Week
- Elements used: Fibonaci Fan Lines,Fibonacci Retracements,RSI,.
- Current Level : 1.4469
Metal_Mind's Blog
EUR/AUD-Aussie fall boosted by RBA !!!
EUR/GBP - Trend Reversal !
- Charts: 4Hours, 1 Day.
- Indicators: Fibonacci Fan Lines.
- Prepared with : JForex 4.
- Current Level : 0.8008
GBP/CHF-2 Months Retracement!
- Charts: 4Hours, 1 Day.
- Indicators used: Fibonacci Fan Lines,Fiboancci Retracements.
- Prepared with : JForex 4.
- Current Level : 1.5071
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
EUR/GBP - Bearish price action !
- Charts: 4Hours, 1 Day.
- Indicators: Fibonacci Fan Lines,Fibonacci Retracements.
- Prepared with : JForex 4.
- Current Level : 0.8141
AUD/CHF- Range?
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines,Pattern Analysis Widget,EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.7849
AUD/CHF is in a channel down formation very well identified by the pattern analysis widget.The quality of the setup is 61% and the magnitude level is 81% on a 1 Day chart.From my point of wiew the pair has already reached a major support zone but it seems there is a tendency to go lower or form a range.
On the chart bellow we can see very clearly that the …
CAD/JPY- Plummets!
Charts: 4Hours, 1 Day.
Indicators: Pattern Analysis Widget ,Fibonacci Retracements,EMA:3,5,13,21,50,100,200.
Current Level : 92.39
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 identifie…
NZD/USD-Head&Shoulders in Range
Charts: 1 Day,1 Week.
Indicators:Fibonacci Fan Lines ,Retracements,Support & Resistance Levels,Time Markers,RSI, EMA 200,100,50.
Current Level : 0.8175
NZD/USD break of the 0.8192-0.8214 area 23.6% Fibonacci retracement level, Oct 2 low confirms a Head and Shoulders top at 0.8544.As can bee seen on the chart below there has been two failed attempts to break the 0.8410 level which can be counted at the second shoulder of the head & shoulder pattern.
In the last month NZD/USD has moved within a…
NZD/JPY - Breakout Incoming !
Charts: 1 Day,1 Week.
Indicators:Fibonacci Fan Lines,Support & Resistance Levels,Time Markers,MACD, EMA 200,100,50.
Current Level : 83.05
NZD/JPY pair is on a potential massive breakout opportunity either to the upside or downside. Even though there is a an important congestion area at the current support which could be the start-up of a bullish breakout my guess is that won't happen.I belive from what i see in the chart that the price will break lower fan lines 50.00% of 1 week and mo…
USDCAD- Breaking Fan Lines!!
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.0458
USDCAD started a big channel up in September last year from support ( 0.9633). The trend has been pretty strong , bouncing up and down from fan lines but always breaking higher. Recent price action as can be seen on the chart shows two similar waves that formed lower highs and higher lows ,breaking fan lines lower , which make me think looking …