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AUD/JPY - Bearish Correction !

Metal_Mind Posted 28 Nov. as Analysis on AUD/JPY, Target: 92.9500, Date: 2nd of January, 12:00 GMT  in #Technical analysis #Support #AUD/JPY #Fibonacci #Highs #Fan #Lines #Retracement #Lows #Waves


Charts: 4 Hours, 1 Week.
Indicators:Fibonacci Fan Lines,Support & Resistance Levels,Time Markers,MACD, EMA 200,100,50.
Current Level : 92.95
[color=#000000]AUD/JPY[/color] pair is set in a bullish channel for quite a while. We have several higher highs in place and higher lows. On the chart bellow on previos support we can see that there are some similarities between the 2 larger waves and minor waves. On the previous minor waves we can see that it has retraced from the 50.00% fibonacci retracement line and…
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Metal_Mind 26 Dec.

UPDATE 1: This prediction is extremly accurate. The bearish correction occured as predicted and the target was reached 2 times already once in the bearish wave and now on the bullish retracement. Current price level is 93.06 which is only 11 pips deviation above the 92.95 target level. This one will be very close.

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Metal_Mind 28 Dec.

UPDATE 2: The made a swing high yesterday .Current price level is 93.18 which is 23 pips deviation from the target. Nonetheless the prediction is very close and could be proven really accurate.

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Metal_Mind 30 Dec.

UPDATE 3:There were some moves in the markets today. Current price level is 93.57 which is 60 pips deviation from target.

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Metal_Mind 1 Jan.

UPDATE 4:This was one of my best predictions but these market conditions seem to send the pair far beyond my target. Current price level is 93.90 which is 100 pips deviation from target.

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Metal_Mind 2 Jan.

Final Update : Price at settlement was 93.31 which represents a 36 pips deviation from target.

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AUDNZD -Third Wave !

Metal_Mind Posted 28 Nov. as Analysis on AUD/NZD, Target: 1.1228, Date: 2nd of January, 12:00 GMT  in #Technical analysis #Support #AUD/NZD #Bearish #Highs #Fan #Lines #Range #Lows #Waves


Charts: 4 Hours, 1 Week.
Indicators:Fibonacci Fan Lines,Support & Resistance Levels,Time Markers,MACD, EMA 200,100,50.
Current Level : 1.1188
AUD/NZD is in a bearish trend for quite a while now.If we look at the chart bellow we can see the pair has recently formed some bearish waves that moves within a ''range look alike pattern'' but the lower highs and lower lows tell us this is a bearish trend that we are talking about.My wiew is that another wave will occur the following month …
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Metal_Mind 26 Dec.

UPDATE 1 : THis prediction is very far from target. Current price level is 1.0891 which over 400 pips bellow target. The bearish move of the third wave was way stronger than anticipated.

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USDSGD- Elliot Waves ?

Metal_Mind Posted 7 Nov. as Analysis on USD/SGD, Target: 1.2310, Date: 2nd of January, 12:00 GMT  in #Technical analysis #SGD #USD #Dollar #Consolidation #USD/SGD #Singapore #Range #Waves #Eliot
Charts: 4Hours, 1 Day.
Elements used: Eliot waves,Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 1.2419

USDSGD pair if were to study its past price development we can see some similarities .On the chart bellow you can see the previous price development highlighted in red which started from a base support made a major resistance retraced and continue the bearish trend in Elliot Waves ,five wave pattern.Recent price dev…
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Metal_Mind 26 Dec.

UPDATE 1: The prediction is very good. The trend price action developed exactly as exposed on the chart just that the 5 wave was shorter than predicted an made a support at 1.2344. Current price level is 1.27 which is pretty far from target.

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USDCAD- Breaking Fan Lines!!

Metal_Mind Posted 31 Oct. as Analysis on USD/CAD, Target: 1.0299, Date: 2nd of December, 12:00 GMT  in #Technical analysis #USD/CAD #Fibonacci #Highs #Fan #Lines #Lower #Higher #Lows #Waves #Target

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 …
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Metal_Mind 21 Nov.

UPDATE 1 : This prediction is wrong . Current trend is bullish and at 300 pips from target.

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GBP/JPY Third Wave Movement

Metal_Mind Posted 24 Sep. as Analysis on GBP/JPY, Target: 152.1700, Date: 1st of November, 12:00 GMT  in #Technical analysis #GBP/JPY #Trend #Support #Resistance #Bullish #3 #Strong #Waves #Moves
Charts: Daily; 4Hours .
Indicators: 200 EMA& 50EMA,Relative Strength Index , Support & Resistance Levels
Current level: 157.59
GBP/JPY is in a bullish trend for quite a while now ,but recentlly i observed the similarities of the waves in which the trend moves. Even though the main trend on Weekly time-frame is strong bullish ,we can see from the first picture that the trend moves in strong up moves forming higher resistences and after that pullbacks forming higher support levels.Having
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Daytrader21 30 Sep.

We have almost the same view when it comes with the yen pairs

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Metal_Mind 20 Oct.

UPDATE 1: The current level is 158.09 and the price is currently over 600 pips from the target . The price rebounded from Major suport and now is in an up movment. This prediction for sure is very far from target.

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Metal_Mind 1 Nov.

UPDATE2; Wrong Prediction. Current Level is 157.21 .

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