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USD/CHF - Descending Channel !


Charts: 4 Hours, 1 Week.
Indicators:Fibonacci Fan Lines,Support & Resistance Levels,Time Markers,MACD, EMA 200,100,50.
Current Level : 0.9072

USD/CHF for some months now is in a descending channel pattern which seems to set lower highs & lower lows every month.I expect another bearish trend in month to come followed by retracement.I see a potential support zone around the (0.8800) price level from which the trend could retrace higher along the 50.00% fibonacci fan line.MACD is overbought so th
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Metal_Mind 26 Dec.

UPDATE 1 : EXCELENT prediction . The price action developed exacty as i draw it on the chart . Now the current price level is 0.8959,which is 50 pips below target and is forming that bullish retracement as seen on the chart. This prediction could be very close.

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Metal_Mind 28 Dec.

UPDATE 2: THe pair made a strong bearish move yesterday. Current price level is 0.8909 which is almost 100 pips deviated from target.

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Metal_Mind 30 Dec.

UPDATE 3:Current price level is 0.8879 which is not less than 120 pips deaviation from target.

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UPDATE 4: Yesterday big moves in the market has made this pairt go up nearly 70 pips and bring it closer to my target. Current price level is 0.8934 which is 64 pips bellow my target. Tommorow is the settlement and the trend is on the right path.

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Final Update : Price as settlement seem to have been 0.8987 which represent 23 pips deviation . Now at 3 hours after settlement the price reached the target.

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USDSEK-Lower Highs& Lower Lows !!!

Charts: 1 Day,1Week.
Elements used: Support & Resistance Levels , MACD, EMA 200,100,50,Time Markers.
Current Level : 6.5873


Swedish krona has been losing ground against the dollar since January 2013 but in June the pair reached an important resistance level around(6.87) price level from where it started a descending channel as can be seen on the chart bellow.The pair made lower highs and lower lows ,facts that confirmed the descending channel and that the krona may continue to
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Metal_Mind 26 Dec.

UPDATE : WRONG PREDICTION

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USDTRY- Consolidation


Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 2.0347



Turkish Lira
has strengthen recently against the us dollar ,having as starting point the retracement from the (2.08) resistance that formed as a top for that bull run which started this August from (1.95) price level. The usd dollar attempt to gain strength isn't lasting ,and from what we can see the turkish lira is gaining ground
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Metal_Mind 26 Dec.

UPDATE 1: The current price is 2.1278 which is pretty far from target. The prediction is wrong.

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USDZAR- Range or Channel Down?


Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 10.24

USDZAR has recently reached a resistance zone around (10.45 ) price level from which retraced lower forming a lower low support level at (9.55) than the previous support which was at (9.61) price level.Even though looking back the trend may induce the ideea of a range i think the price development in the future is heading towards a cha
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Metal_Mind 26 Dec.

UPDATE 1 : This preddiction is way to far from current price level.

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NZDUSD- History Repeats Itself!



Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :0.8252


NZDUSD seen on a Daily chart will reveal that history can and will repeat itself. On the Daily chart below can be observed two very similar trend movements highlighted with blue .Taking a closer look at MACD we can see in the circled area on blue background that the levels and movments are similar and i predict that now the price will move generall
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Well done.

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Metal_Mind 21 Nov.

UPDATE 1: It seem i was right with this prediction. The pair formed and moved within a range but 100 pips higher than i estimated it. Nonetheles ,current level is 0.8210 which is on about 60 pips above the target. The direction is good and with 10 days to go the prediction could be met.

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Metal_Mind 29 Nov.

UPDATE 2; This prediction is very good . Target has been reached already. Current level is 0.8117 ,that beeing 35 pips below target.

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UPDATE 3: This is another OUTSTANDING prediction. The quality of the chart and movements predicted are remarkable. Price action is only a few pips deviated at each predicted move. Current price level 0.8121 that beeing 32 pips below target. With one day to go we there is time for this remarkable prediction to be met.

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UPDATE 4 :Current price level is 0.8194 which is 41 pips above target . We have 6 hours to go until settlement. This will be a close one.

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GBPCAD



Charts: 4Hours, 1 Day.
Indicators: Fibonacii Fan Lines, Fibonacci Retracements,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.6797.

GBPCAD
recently reached a major resistance zone at (1.6961) ,fibonacci fan level 50% from which the trend retraced lower. The current level is (1.6797) and the price is heading down. Now it is between fibonacci fan lines levels 50% & 38.20%. and can be observed that on a larger time-frame there is a channel down forming up .MACD indi
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Metal_Mind 21 Nov.

UPDATE 1 : This prediction is wrong. Current trend is bullish and my prediction was a bearish one.

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