- Charts: 4Hours, 1 Day.
- Indicators: Fibonacci Fan Lines,Fibonacci Retracements,Pattern Analysis Widget.
- Prepared with : JForex 4.
- Current Level : 1.4619
Metal_Mind's Blog
EUR/AUD -Breaking Fan Lines !
USD/CAD-Bullish rise!
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 1.1108
USD/CAD after moving in a range the whole period of December last year ,have started this year with a sharp bullish rise from (1.06 ) price level to (1.1175) which is over a 500 pips move.But as can be seen on chart bellow the pair reached a resistance at the level(1.1224) which wasthe base of a significant retracement that lasted half a month and consolidated the pair prepar
USD/CAD- Begins Retracement.
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines, Retracements,MACD, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 1.1090
USD/CAD after moving in a range the whole period of December last year ,have started this year with a sharp bullish rise from (1.06 ) price level to (1.1175) which is over a 500 pips move.But as can be seen on chart bellow the pair reached a resistance at the level that i think will be the base of a significant retracement in the month …
GBP/NZD-Bearish Wave!
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Support & Resistance Levels , MACD.
Current Level :1.9916
GBP/NZD has started this year plummeting over 850 pips in less than half a month.In the 4 days the pair recoverd very quickly over 450 pips after Thursday 360 pips sharp bullish run.This whole period ,December & January has been a very volatile period for this pair , more than it's regular volatility. I expect the pair to recover this losses in the following period but gradua…
GBP/JPY-Continues Bullish Rise!
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 171.21
GBP/JPY have had a very interesting layout in past two months. The strong bullish wave that stopped in on 31st December making room for a waited retracement after over 800 pips bullish momentum without any major retracements.Even though the recent 650 pips retracement looks like is the start of a bearish trend i want to hold ground for a bit .From my point o
EUR/NOK - Retracement Period
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 8.2360
EUR/NOK pair like the majority pairs which have euro as base currency , experienced a bullish run very high and in a relatively short perioad of time but surprisingly this pair isn't followed by some long retracements period but rather short consolidation moves and other sharp bull runs. Studying back price movement ,i predict a retracement
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