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CAD/CHF-Sideways incoming !

  • Charts: 1 Day,1 Week
  • Elements used: Andrew”s Pitchfork,Fibonacci Retracements,RSI,Stochastic.
  • Current Level : 0.8526
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Stix 1 Oct.

Best wishes for October. :) :)

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GBP/CAD - Slow descent!

  • Charts: 4Hours, 1 Day.
  • Indicators used: Fibonacci Fan Lines,Fiboancci Retracements.
  • Prepared with : JForex 4.
  • Current Level : 1.8285
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Metal_Mind 25 June

UPDATE 1:The current price level is 1.8228  which is a 130 pips deviation from target.This prediction has all it takes to reach the target.

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Metal_Mind 27 June

UPDATE 2: In the  mentime  the  trend continued  its bearish direction and  now the deviation reduce at 100 pips from previous 130 pips. The premises are very good .

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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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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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