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NZD/JPY - Breakout Incoming !

Metal_Mind Posted 24 Nov. as Analysis on NZD/JPY, Target: 79.560, Date: 2nd of January, 12:00 GMT  in #Technical analysis #Breakout #Bullish #NZD/JPY #Lower #Momentum #Incoming #Fan Lines


Charts: 1 Day,1 Week.
Indicators:Fibonacci Fan Lines,Support & Resistance Levels,Time Markers,MACD, EMA 200,100,50.
Current Level : 83.05

NZD/JPY pair is on a potential massive breakout opportunity either to the upside or downside. Even though there is a an important congestion area at the current support which could be the start-up of a bullish breakout my guess is that won't happen.I belive from what i see in the chart that the price will break lower fan lines 50.00% of 1 week and mo…
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AUDNZD- Channel Down Correction!

Metal_Mind Posted 31 Oct. as Analysis on AUD/NZD, Target: 1.1810, Date: 2nd of December, 12:00 GMT  in #Technical analysis #AUD/NZD #Fibonacci #Fan Lines
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.1471


AUDNZD is in a large channel down pattern for quite a while now.Recently it reached a major support zone at fibonacci level 0.00%(1.1200),from where it had a retracement followed by another attempt to break that support ,that failed, maintaining the price level within the channel.This mild bullish trend is likely to continue until the …
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Metal_Mind 21 Nov.

UPDATE 1: This prediction is wrong . The current level is 1.1255 and the current trend is bearish rather than bullish as i have predicted it.

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GBPAUD - Double Top

Metal_Mind Posted 27 Oct. as Analysis on GBP/AUD, Target: 1.6608, Date: 2nd of December, 12:00 GMT  in #Technical analysis #AUD #GBP #GBP/AUD #Support #Fibonacci #Double #Top #Fan Lines #Background

Charts: 1 Day,1Week
Indicators: Fibonacii Fan Lines, Support & Resistance Level , MACD, EMA 200,100,50,Time Markers.
Current Level :1.6863


GBPAUD has formed a double top formation, as can be seen on the red background of the chart. The trend has pulled back and now looks like a bearish start up. Both tops of the double top formation have each stopped at a fibonacci fan lines. The current level is (1.6863) and recently the trend found a support at (1.6643) from which had a strong …
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3 Comments
Maria_r avatar
Maria_r 27 Oct.

+1 Like

Daytrader21 avatar
Daytrader21 28 Oct.

Never trade this pair before, don't find it to have enough liquidity.

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Metal_Mind 21 Nov.

UPDATE 1 : THis prediction is wrong. It seems the pair had an extraordinary liquidity this month. Daytrader you may start trading it again :)

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EUR/NZD KIWI is awaiting RBNZ decision.

Metal_Mind Posted 30 Sep. as Analysis on EUR/NZD, Target: 1.5596, Date: 1st of November, 12:00 GMT  in #Technical analysis #Dollar #Fibonacci #Kiwi #Rates #Interest #Retracements #EUR/NZD #Fan Lines
Charts: 1 Day,1Week.
Indicators: Fibonancci Fan Lines 1W Time Frame ;Fibonacii Retracements ;Support & Resistance Levels,RSI,EMA200,100,50.
Current Level : 1.6315
EUR/NZD bullish attempt stumble upon the resistance level of (1.7293) Fibonacci Retracement 23.60% , from which we can see very cleary that has formed a new bearish trend,which is backed up by Fibonacci Fan Lines 1 Week as can be seen on the chart in the highlighted area.Recent fundamental news also push the kiwi higher and high…
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4 Comments
HOANG_MAI_NHI avatar
HOANG_MAI_NHI 3 Oct.

like+1

Furian avatar
Furian 10 Oct.

agree

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Metal_Mind 22 Oct.

UPDATE 1 : The trend direction is correct but i kinda overestimated the target. The cuurent level is 1.6170, which is 500 pips away from target. The direction is excelent but the predicted level is very far and may be reached in two months from what i see on the charts.

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Metal_Mind 1 Nov.

UPDATE 2: The price level current level is currently at 1.6425. Very Wrong prediction ,over 1000 pips far.

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