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AUD/USD-Continues downtrend !

  • Charts: 4 H,1 Day
  • Elements used: CCI , Support & Resistance
  • Current Level : 0.7740
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Metal_Mind 14 Apr.

UPDATE 1: The us dollar lost some in value as expected  reaching a low of 0.7530 from the 0.7740 level at the time i posted the analysis.The prediction is looking good and set into the right direction.

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Metal_Mind 18 Apr.

UPDATE  2: The pair rebounded  fast after its sell off  and now is again trading at 0.77 level.I would personally take into account recent fundamentals and think the RBA will intervene to send the exchange rate lower in order to gain some competitive advance and recoup the loses from the recent  iron ore devaluation. That been said if the rate goes lower there is a high possibility to reach my target.

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EUR/AUD-Aussie fall boosted by RBA !!!

  • Charts: 1 Day,1 Week
  • Elements used: Fibonaci Fan Lines,Fibonacci Retracements,RSI,.
  • Current Level : 1.4469
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EUR/ AUD pending order payed big time on RBA news

Several days ago when i was analizing several pairs for the tehnical analysis contest i also took a look at the EUR/AUD. I didn't suceed to post on time this analysis but the work done wasn't in vain. I rembered this pair because it has an excelent potential for a bullish run of at least 300-500 pips very soon. My point here is also backed by recent RBA necesity for a weaker aussie to boost the economy rather than a last resort solution like an interest rate cut,which they said is
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I prepared a very nice chart but i got an error message and couldn;t post it. I was allowed only to post without the picture.

jezz avatar
jezz 4 Dec.

This is a very good plan. You've written it like you lost money. Good work

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thanks jezz

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AUD/JPY Waiting for RBA decision

Charts: 1 Day,1Week.
Indicators
: Fibonacci Fan Lines 1Day,1 Week, Time Frame(TF),Support & Resistance Levels,EMA200&EMA50.
Current Level : 92.28

AUD/JPY latest major support around (86.41) and the pullback resistance that had encounter in the fibonacci fan line 38.20 makes the hole picture bearish for this pair .Alsa EMA200& EMA50 signals a possible bearish trend incoming.I think we will see further weakness until the support zone of (88.63) from where i see another bullish move followe
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Alex_N 27 Sep.

Nice!

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Metal_Mind 20 Oct.

UPDATE 1: As anticipated the RBA decision messed up the direction of this pair.It had almost a 380 pips bullish rise going against my predicted initial direction and target.

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UPDATE 2: Wrong Prediction. The current level is very far from target, even though the direction is good.

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EUR/AUD Aussie Strengthens!

Charts: 4Hours ,1 Day,1Week.
Indicators
: Fibonacci Fan Lines on 4 H, 1Day,1Week Time Frame;Support & Resistance Levels,EMA200.
Current Level : 1.4440.

EUR/AUD has formed a large bullish trend starting April and until 28th August when it reached a major resistance at (1.5058) level beeing also the fibonacci fan line 58.00 , from which began retracing as can be seen from the charts below.I predict that recent interest rate cut by RBA will strengthen even more the Australian Dollar and will
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Daytrader21 avatar

EURAUD is one of my favorite exotics pairs, wish you good luck

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Metal_Mind 20 Oct.

UPDATE 1: My prediction that recent interest rate cut by RBA will strengthen even more the Australian Dollar had proven to be right. The trend direction is correct & accurate and also the current price level is at 1.4155 , that is 58 pips from the target. A very good prediction overall . We will see what happen in the following days.

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UPDATE 2: This is a good prediction. The trend is in the right direction.The current level though is 200 pips above target level.

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