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EUR/CAD-Smoth bullish rise!

Metal_Mind Posted 20 Jan. as Analysis on EUR/CAD, Target: 1.5052, Date: 3rd of March, 12:00 GMT  in #Technical analysis #Prediction #Bearish #Bullish #EUR/CAD #Retracement #Smoth #Rise

Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD.
Current Level :1.4835
EUR/CAD pair has been bullish from mid August 2012 . I keep my last month bullish perspective for this pair.This month the pair had experienced extraordinary volatility. In 6 of Janury it started a sharp bullish trend that lasted 7 days and amased more than 550 pips. This is quite a run for this pair ,in such short period of time. For sure we will have a very …
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3 Comments
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Metal_Mind 27 Feb.

UPDATE 1. Current price level is 1.5252 ehich is exactly 200 pips above the target.

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Metal_Mind 2 Mar.

UPDATE 2. Current price level is 1.5261 which isn't a big evolution from previous update. The deviation still sits at 200 pips above target.

jezz avatar
jezz 2 Mar.

I'm looking at commodity currencies like time bombs now

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NZD/CAD-Stuck in Range !

Metal_Mind Posted 21 Nov. as Analysis on NZD/CAD, Target: 0.8784, Date: 2nd of January, 12:00 GMT  in #Technical analysis #Level #Prediction #Price #Crazy #NZD/CAD #Range #Stuck


Charts: 4Hours, 1 Day.
Indicators: Fibonacii Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :0.8606.

NZD/CAD after reaching a major resistence zone at (0.8785) price level ,has began moving in a range formation with 2 other failed attempts to break these level.The problem is that supports levels formed as higher lows which could suggest that the momentum is definatly going up and will try to retest and break that resistance zone in the nearby future…
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4 Comments
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Metal_Mind 26 Dec.

UPDATE 1: This is a very good prediction . The price action moved as discribed. Current price level is 0.8669 which is 115 pips bellow the target. With several days to go there is time for this prediction to come true.

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Metal_Mind 28 Dec.

UPDATE 1: The current price level is 0.8717 which is 67 pips bellow from target but the price moved in favour of my prediction and now is very close to the target.In the 2 days that remain we could see a very close result.

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Metal_Mind 30 Dec.

UPDATE 3: Current price level is 0.8730 which is 50 pips below the target level. The price action is bullish and with the days to go it seems like a good prediction.

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Metal_Mind 1 Jan.

UPDATE 4: We have only several hours to go until the settlement.The current price level is 0.8737 which is 47 pips bellow the target. The prospects are great for this pair .

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