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GBPNZD- Mirror Reflection!!!

Metal_Mind Posted 29 Oct. as Analysis on GBP/NZD, Target: 1.9691, Date: 2nd of December, 12:00 GMT  in #Technical analysis #GBP #NZD #Support #Resistance #GBP/NZD #Strong #Movement #Mirror #Reflection

Charts: 4Hours, 1 Day.
Indicators: Fibonacii Fan Lines, Fibonacci Retracements,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.9475
GBPNZD is a pretty interesting pair if you take into consideration the fact that it has the tendency to reflect past movements like a mirror.If we take a close look at the chart bellow and pay attention we can some very clear similarities between past support & resistances zones. We have 2 major resistances at the same level (2.006) with a…
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Metal_Mind 17 Nov.

Update 1 : This pair is stalling. I predicted that this pair will break the 1.96 level by now but insted it formed a range between 1.95 & 1.88.The current level is 1.93 and i think my prediction could be proven true until 2 December.

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Metal_Mind 29 Nov.

Update 2 ; The pair had a strong bullish run which passed already my prediction with 400 pips.

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NZD/USD CHANNEL UP FORMATION

Metal_Mind Posted 22 Aug. as Analysis on NZD/USD, Target: 0.8249, Date: 1st of October, 12:00 GMT  in #Technical analysis #Trend #NZD/USD #Nzdusd #Kiwi #Movement #Channel #Up #Support Zone
NZD/USD seen on a daily chart help us spot some similarities between last year trends and now. I have outlined with blue a very important movement from 2012 last year ,which is very similar with the latest sell trend started from 0.8670 this year in April and made a higher support zone at 0.7683, higher than previous 0.7460 support. These facts tell me that there is a stong bullish trend in formation and that the price action will continue this way.My prediction is a strong bullish move with som…
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Metal_Mind 30 Sep.

Update 6: We are very close from the target. The pair is in a mini range between 0.8286 & 0.8249. Recently the pair formed another support 6 pips above the target level. If the pair still hovers the target may be extremly close with the 1 October price.

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Metal_Mind 30 Sep.

Update 7 : Even though at last update the price was deviated by only 6 pips now the diference is more considerabale as i previous mentioned anything can happen in this interval. The price now is 60 pips away from target at (0.8309).I think the latest sharp rise and strenghten of the kiwi is because of US goverment crysis of a potential shut down that has weaken the dollar and affected all markets around the world. If the political situation will see ''clearer sky'' i think the target will be reached and be very close.

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Metal_Mind 1 Oct.

Update 8 : The trend now has been forming a bullish channel with some retracements. Now the tred is retracing and current level is (0.82959) that beeing 46 pips above my target. If something in the news won't strengthen the dollar the pair will go bullish again. It is a shame that recent news modified the trend and move the price higher, otherwise the prediction is very good the quality and the trends movements are also exactly how they occured.

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Metal_Mind 1 Oct.

Update 9: The price is 0.8279 that beeing 30 pips away and still going gown. It may be very close.

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Metal_Mind 1 Oct.

FINAL UPDATE ; 4 Hours after 12 GMT , TARGET HAS BEEN REACHED EXACTLY AND AFTERWARDS TREND FORMED SUPPORT AND START GOING UP. PERFECT PREDICTION

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