- Charts: 4 H,1 Day
- Elements used: Fibonacci Fan Lines,Retracements, CCI , Support & Resistance
- Current Level : 0.7638
Metal_Mind's Blog
NZD/USD - ,,Greenback'' struggles!
NZDCHF-Respects Fan Lines!
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 0.7489
NZDCHF is a very complicated and hard to predict pair because it has unpredictable sharp moves,but regarding these facts i will try to make a very logic technical analysis on this pair. I added all my tool that i use in general, Fibonacci Retracements, Fan lines, MACD, and EMA. Recent price action developed and moved above fibonacci fan …
NZDCAD- Retrace Lower !
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :0.8613
NZDCAD reached a major resistance zone at the same level with the previous one as can be seen very well in the chart below ,at (0.8783) price level.From there the trend pulled back lower . I think it will continue the bearish trend and probably will encounter some supports on the road at (0.8522) & (0.8402) price levels which were previous important resistances.…
Indicators: Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :0.8613
NZDCAD reached a major resistance zone at the same level with the previous one as can be seen very well in the chart below ,at (0.8783) price level.From there the trend pulled back lower . I think it will continue the bearish trend and probably will encounter some supports on the road at (0.8522) & (0.8402) price levels which were previous important resistances.…
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…
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…
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
GBPNZD- 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…