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GBP/AUD-Channel Up!


Charts: 4Hours, 1 Day.
Indicators: Pattern Analysis Widget , MACD ,EMA:3,5,13,21,50,100,Time Markers.
Current Level : 1.8724

GBP/AUD after encounter a strong bearish retracement that took almost all the month of October ,continued the rise of the bullish trend for more than 2000 pips until now.As the pattern analysis widget detected , the pair is in a channel up pattern of 50% quality & 49% magnitude which for sure will continue the next month & a half.At the current price level t
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Metal_Mind 26 Feb.

UPDATE 1; Current price level is 1.8590 which is over 600 pips away from target.

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UPDATE 2: Current price deviation is over 300 pips below the target.

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USDSEK-Lower Highs& Lower Lows !!!

Charts: 1 Day,1Week.
Elements used: Support & Resistance Levels , MACD, EMA 200,100,50,Time Markers.
Current Level : 6.5873


Swedish krona has been losing ground against the dollar since January 2013 but in June the pair reached an important resistance level around(6.87) price level from where it started a descending channel as can be seen on the chart bellow.The pair made lower highs and lower lows ,facts that confirmed the descending channel and that the krona may continue to
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Metal_Mind 26 Dec.

UPDATE : WRONG PREDICTION

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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
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Metal_Mind 26 Dec.

UPDATE 1 : This preddiction is way to far from current price level.

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EUR/GBP Bearish Signaled by EMA

Charts: 1 Day,1Week.
Indicators
: Fibonancci Fan Lines 1D,1W Time Frame ; ;Support & Resistance Levels,RSI,EMA200,50.
Current Level : 0.8356

EUR/GBP is in a channel down formation from 2009 followed by regular retracements.The pair encounter a major resistance at Fibonacci fan lines 1 W (0.8819) level from where it continued the bearish channel. We can see very well on the chart that recently EMA 200 cross with EMA 50 makes me belive the sell trend is strong & will continue in this dire
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Furian 10 Oct.

cool

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Maria_r 19 Oct.

+ )))

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Metal_Mind 22 Oct.

UPDATE 1 : The pair is almost 370 pips away from the target. The trend is currently bulish. The prediction can be marked as wrong.

jezz avatar
jezz 22 Oct.

I really like reading your predictions - clear and simple, and with updates. Even if you're far away with this one, we'll wait and see

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UPDATE 2 : The current level is 0.8459 very far from my target. Wrong Prediction.

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EUR/JPY YEN STRENGHTENS

Charts: 1 Day,1Week.
Indicators
: Fibonacci Fan Lines 1Day,1 Week, Time Frame(TF),Fibonacci Retracements,Support & Resistance
Levels,EMA 200, 50 ,21,13,5,3.

Current Level : 133.18

EUR/JPY is in a range from April this year and tried two times until now to broke the range higher which settled with the forming of two resistences and also it had 3 attempts to break lower that were unsuccesfull.This range is formed between fibonacci fan lines 1 Day TF 61.80& 50.00 and fibonacci fan lines 1 W
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That is my view also and after this retracement is completed I'm expecting the up trend to resume

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Metal_Mind 20 Oct.

UPDATE 1:Wrong prediction . The current price is 138 pips from the initial level and also against my prediction. I will monitor and see if there is a chance to retrace.

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UPDATE 3: Wrong prediction. The current price is 132.91 and 500 pips far from my target.

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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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