Open trading account 
- Charts: 4Hours, 1 Day.
- Indicators: Fibonacci Fan Lines,Fibonacci Retracements,
- Prepared with : JForex 4.
- Current Level : 1.5866
Metal_Mind's Blog
EUR/NZD -W pattern!
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
USD/JPY- BREAKOUT CONTINUATION !
Charts: 4 Hours, 1 Week.
Indicators:Fibonacci Fan Lines,Fibonacci Retracements,Support & Resistance Levels,Time Markers,MACD, EMA 200,100,50.
Current Level : 101.29
USD/JPY is very likely to continue its rise as the slowing recovery in Japan undermines the Bank of Japan pledge to achieve the 2% target inflation for 2015,and this deviation in the policy outlook may inflate the exchange bringing the pair to new highs as the FED recent news said it looks to taper its asset-purchase program in th…
USDZAR- Range or Channel Down?
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 10.24
USDZAR has recently reached a resistance zone around (10.45 ) price level from which retraced lower forming a lower low support level at (9.55) than the previous support which was at (9.61) price level.Even though looking back the trend may induce the ideea of a range i think the price development in the future is heading towards a cha…
NZDCHF-Respects Fan Lines!
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 0.7489
NZDCHF is a very complicated and hard to predict pair because it has unpredictable sharp moves,but regarding these facts i will try to make a very logic technical analysis on this pair. I added all my tool that i use in general, Fibonacci Retracements, Fan lines, MACD, and EMA. Recent price action developed and moved above fibonacci fan …
CADCHF- Bearish Sideways!
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 0.8689
CADCHF similar to other currency pairs quoted with swiss franc is moving within a large range zone. The CADCHF range is 1300 pips wide with the base support set at (0.8520) that was recently broke . Looking at the chart below we can see that the pair even in bearish trend moved in constant waves with sharp bull runs and bearish sidew…
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 0.8689
CADCHF similar to other currency pairs quoted with swiss franc is moving within a large range zone. The CADCHF range is 1300 pips wide with the base support set at (0.8520) that was recently broke . Looking at the chart below we can see that the pair even in bearish trend moved in constant waves with sharp bull runs and bearish sidew…
USDCAD- Breaking Fan Lines!!
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.0458
USDCAD started a big channel up in September last year from support ( 0.9633). The trend has been pretty strong , bouncing up and down from fan lines but always breaking higher. Recent price action as can be seen on the chart shows two similar waves that formed lower highs and higher lows ,breaking fan lines lower , which make me think looking …
USDCHF- Reaching for Range Support!
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :0.9026
USDCHF is moving within a big range for more than 3 years now . The range is over 1400 pips wide and has base support at (0.8559) level and the major resistance level set at (0.9970) level.If we look on the chart below we can see that the range moved up&down between 0.00% & 23.60% Fibonacci retracement level for most of the time in the l…
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :0.9026
USDCHF is moving within a big range for more than 3 years now . The range is over 1400 pips wide and has base support at (0.8559) level and the major resistance level set at (0.9970) level.If we look on the chart below we can see that the range moved up&down between 0.00% & 23.60% Fibonacci retracement level for most of the time in the l…
EURNZD -Lower Low!!
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.6646
EURNZD has reached a major resistance at (1.7292) from which the trend is resuming lower and we can see that the price moved between fibonacci retracement levels and between fibonacci fan lines levels. The price seem to have reacted on all fibonacci retracement levels and on major fibonacci fan lines like 61.80% where the support h…
GBPCHF- Swiss Franc Strengthen's!
Charts: 4Hours, 1 Day.
Indicators: Fibonacii Fan Lines, Fibonacci Retracements,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.4430
GBPCHF recent price action made 2 resistances at the same level (1.4820) with a +/-5 pips deviation, and encounterd a support at (1.4039) price level.Looking at the second chart we can see more clearly that we could have a possible range development on this pair on 1 Day time-frame, which could support my wiew that the swiss franc is…