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EUR/CAD - Bearish within fan lines !


  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements.
  • Prepared with : JForex 4.
  • Current Level : 1.4455
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EUR/CAD-CAD getting stronger!

  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements.
  • Prepared with : JForex 4.
  • Current Level : 0.8141
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Metal_Mind 25 June

UPDATE 1: SPECTACULAR PREDICTION. If we watch closely on the first chart we can see that the price level didnt only continue the bearish momentum as i expected but  it stoped exactly  were i said. I expected the pair to  encounter a strong support at the 1.4525 price level where whe have a strong support zone. As can bee seen now the price level stoped at that point ,retested the area and now is going  higher as i predicted it towards metting its target.

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Metal_Mind 25 June

UPDTE 1: I am very happy with this prediction and if we take into consideration that there is only a 73 pips deviation and several days to go ,this prediction could become really accurate and of very good quality.

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Metal_Mind 27 June

UPDATE 2: The deviation double to almost 140 pips now.

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EUR/CAD - Double Bottom!



Charts: 4Hours, 1 Day.
Indicators: Fibonacci Fan Lines,Support & Resistance Levels ,EMA:3,5,13,21,50,100.
Current Level :1.5196
EUR/CAD
pair has been bullish from mid August 2012 . I keep my last 3 months bullish perspective for this pair.This month the pair had experienced quite a range more than half a month after the berish retracement as the result of the last month 550 pips sharp bullish trend.
The pair moved at it's max 460 pips and now seems to be retracing since it retested and fai
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Metal_Mind 27 Mar.

UPDATE 1: This prediction was pretty close. Agter reaching 1.5591  only 20 pips bellow target, the pair reversed and plummeted over 400 pips. I might anticipated the rally but failed to anticipate the plummet and with several days to go we can says that this predicion is over.

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EUR/CAD-Smoth bullish 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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Metal_Mind 27 Feb.

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

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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.

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jezz 2 Mar.

I'm looking at commodity currencies like time bombs now

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EUR/CAD - Similar price action!

Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD .
Current Level : 1.4593

EUR/CAD has been bullish from mid August 2012 . From my perspective the bullish trend is sure on the right track and headed to see higher grounds.If we look at the black trendline we can see the price action smoth bullish run without any interuptions even on important support and resistance zone.In the past month we can spot some similarities of the price ac
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agddivisas 16 Dec.

I also think for level 1,4535.

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Metal_Mind 28 Jan.

UPDATE 1: The euro was most stronger this month . We have a 700 pips deviation.

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UPDATE 2: Deviation 500 pips. We have an improvement but this is still alot of deviation from target.

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EUR/CAD - Bullish Rise !


Charts: 4 Hours, 1 Week.
Indicators:Support & Resistance Levels,Time Markers,MACD, EMA 200,100,50.
Current Level : 1.4435


EUR/CAD
has been bullish from mid August 2012 . From my perspective the bullish trend is sure on the right track and headed to see higher grounds.If we look at the black trendline we can see the price action smoth bullish run without any interuptions even on important support and resistance zone. My prediction for the 2 of January 2014 is a price level of 1.4665.

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Metal_Mind 26 Dec.

UPDATE 1: This is an excelent and perfect prediction. My target has been already reached and the pair made a high at 1.4707 35 pips higher than expected but it did retrace as i predicted in the chart and the prospect is very good for the following days. The current level is 1.4540 which is 125 pips bellow the target.

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Metal_Mind 28 Dec.

UPDATE 2: The pair has reached target already which is great.The pair is now retraceing and the current level is 1.4713 which is 47 pips above target. The prospects are great for this prediction and we could expect a great result.

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Metal_Mind 30 Dec.

UPDATE 3 : Current price level is 1.4684 which is 19 pips above target. This might be a close prediction.

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UPDATE 4: The settlement is tomorow and the pair had a very strong bearish move yesterday. Current price level is 1.4606 which is a 59 pips deviation. If we have a retracement tommorow this prediction might hit the target.

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Final Update : It seem the the price at settlement was 1.4583 which is a 82 pips deviation from target .

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EURCAD -Double Bottom Retracement!!

Charts: 4Hours, 1 Day.
Indicators: Fibonacii Fan Lines, Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.4390

EURCAD pair last month was ralying to complete the double bottom formation which succesfully has been achived as i predicted in my last monthly analysis.The pair reached a major resistance zone at (1.4451) from which the trend has retraced lower which was expected after such a long bull run. Looking at the chart bellow we can see the trend is in a bullish c
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Metal_Mind 21 Nov.

UPDATE : This prediction is perfect . Direction & quality of waves is exceptional. The current level is 1.4165 which is 60 pips below target. With 10 days to go the hole picture looks very promising for this prediction.

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Metal_Mind 29 Nov.

UPDATE 2; The current price is at 1.44 over 200 pips from my prediction.

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EUR/CAD Demand Incoming

Charts: 1 Day,1Week.
Indicators
: Fibonancci Fan Lines 1D, 1W Time Frame ;Support & Resistance Levels,RSI,EMA200
Current Level : 1.3943

EUR/CAD 1 Week trend is bullish for more than a year now.Looking at the chart we can see that 1 Day Fibonacci fan lines outlines a picture of a bullish trend continuation ,and Fibonacci fan lines 1 Week make the picture more clear by spliting the trend in sections were we can see more clearly the retracements that occcured and the strong bullish trend
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Daytrader21 avatar

Nicely done, very clean and right on spot analysis. GL

HOANG_MAI_NHI avatar

well done

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UPDATE 1 : This prediction is excelent . It respect the predicted trend and is very accurate.It had a bullish long wave until (1.4440) at a 10 pips deviation from my predicted restance and in continued with a pull back . Target has been reached yesterday, but nonetheless this is an incredible prediction , and very vary acurate.

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UPDATE2: The current level is 1.4143 at exactly 50 pips below the target which has been reached yesterday. This is trully one of my remarkable predictions. !!!!!!!!!!

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UPDATE 3: THIS PREDICTION PROVES THAT MY FIBONACCI FAN LINES SYSTEM WORKS IF IT IS CORRECTLY INTERPRETATED!!

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EUR/CAD Double Bottom?

EUR/CAD has been on a bearish trend from the past 3 years until it found a first major suport zone at 1.2450 from which started a pullback to (1.4406), which after numeros failed attempts of breaking while forming a 1 year consolidation zone between (1.4406) and fibonaci retrecement level 23.60% (1.3395) ,break lower and formed a lower support at (1.2118).After hitting that support we can observe a new retreacement which break the 1 year consolidation suport of (1.3395) with a minor bearish pull…
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Metal_Mind 15 Aug.

A month after my prediction and the highest level reached was 1.3930 with a pullback right now setting at 1..3724. The trend looks strong and i see upmomentum. I am not sure if the target will be reached but i think 1.40 at least until 1 September.

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Metal_Mind 22 Aug.

Only 8 days left until 1 September and the pair has made a strong bull move of over 357 pips starting 15 august. Today the price is 1.4053 i see futher up momentum after consolidation. The target may even get surrpased until 1 September

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Metal_Mind 22 Aug.

Sorry for mistaken 1 September , i meant 2 September in my previous comments.

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Berkeley 22 Aug.

Good Analysis, Hope to see as a winner on the podium!

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Update: With one day to go before target the curent price is 1.3965 and is at over 215 pips from target. The target was almost reached last week price reaching 1.4140 high been at 40 pips below target. At the current price only a market exceptional event could make the target be reached by tomorow. A realistic target for tomorow will be 1.4025

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