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USD/CAD- 7 years market cycle !

  • Charts: 4 H,1 Day
  • Elements used: CCI , Support & Resistance
  • Current Level : 1.2070
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UPDATE 1: The retracement  i anticipate occurred but was a bit stronger sending the pair 300 pips up. The current trading level is 1.2197 and comes at the peak of this retracement. From the looks of it this is an excellent point from which a fast sell wave can began.

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USD/CHF-Breaking Channel Down!


Charts: 4Hours, 1 Day.
Elements used: ,Fibonacci Retracements;EMA,3,5,13,21;MACD;Time Markers.
Current Level : 0.8944

USD/CHF has experienced an accelerated apreciation proccess short after the first decision to taper the bond buying program.This month because of the news and major speculation in the markets more than usualy the pair experienced some retracement but nothing significant. The market mover event was the'' Non Farm Payrolls'' numbers whi
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Metal_Mind avatar

UPDATE 1: This prediction was quite excelent. The pair broke the channel down foarmation and had a strong 350 pips bullish rally as i predicted until 0.9159 which is quite incredible since the pair revounded after breaking my target level with 14 pips only. What i didn't expect was this very fast depreciation of the pair. Current level is 0.8915 which is far from target.

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UPDATE 2: The depreciation continued further this week with 79 pips gain today.The deviation is over 200 pips curently.

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UPDATE 3: Current price level is 0.8803 which is a 345 pips deviation from target.

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