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NZD/CAD- Strengthens further more !

  • Charts: 4 H,1 Day
  • Elements used: CCI, Support & Resistance
  • Current Level : 0.9515
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Metal_Mind 14 Apr.

UPDATE 1: The pair is trading at 0.9376 which is over 300 pips from target. I was a bit to bullish on the kiwi but still with half a month things can go very well. We shall have to wait and see.If the current reatracents finds a supports and develop a higher low there are high chances to narrow the deviation.

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Metal_Mind 18 Apr.

UPDATE 2: As said in previous update i was expecting a higher low  which formed 2 days ago on  the 0.9297 level .The new formed support was strong and from there the price action jumped over 100 pips in that day. I may say that the current outlook is definitely very good . We would probably see a 270 to 300 pips ascent  and afterwards a retracement which could be exactly what needed to hit my target.

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Metal_Mind 30 Apr.

UPDATE 3 : The prediction is  very far from target.

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S&P500- Correction to be expected!!!

  • Charts: 1 Day,1 Week
  • Elements used: Fibonaci Fan Lines, Moving Averages, CCI, Time Markers.
  • Current Level : 2009.18
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NZD/USD - Going down!

  • Charts: 4Hours, 1 Day.
  • Elements used: Fibonacci Fan Lines ,Fibonacci Retracements.
  • Prepared with : JForex 4.
  • Current Level : 0.8756
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Metal_Mind 31 July

UPDATE 1:After the retracement that i predict correctly the price action picked up and corected itself. Current price level is 0.851 which os over 102 pips below my target. This is a good prediction but with a day to go may be to far from target.

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NZD/USD- Ascending Triangle?


  • Charts: 4Hours, 1 Day.
  • Elements used: Support & Resistances.
  • Prepared with : JForex 4.
  • Current Level : 0.8495
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Metal_Mind 25 June

UPDATE 1: Current price level is 0.8677 which represents an over 270 pips  deviation from target. I did expect a strong & fast sell wave by month end but  this prediction now is pretty far.We will  wait and see.

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Metal_Mind 27 June

UPDATE 2: Deviation increased to 354 pips.

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NZD/USD-Retracement & Correction!

  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements,CCI.
  • Prepared with :JForex 4.
  • Current Level :0.8659.
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Metal_Mind 21 Apr.

UPDATE 1: This prediction may play to be  very good in the end. Currently the pair is set for an retracement. Current price level is 0.8570 which is only 10 pips above my target. This could be a very close prediction.

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Metal_Mind 30 Apr.

UPDATE 2: Current price level is 0.8623 which is an 40 pips deviation from target.If the  trend has a minor retracement tommorow the target may be reached and  this prediction may play well. We will have just to wait and see.

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FINAL UPDATE : The price at settlement was 0.8616 that beeing 33 pips deviation from target. In my opinion this is a very good prediction in terms of quality & timming.

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USD/CHF- More Weakness!

  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements,CCI.
  • Prepared with :JForex 4.
  • Current Level :0.8869.
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Metal_Mind 21 Apr.

UPDATE 1: This is a great prediction. The pair resumed into lower grounds as expected. The market is testing SNB reaction and will probably go even lower towards my target. The curent price level is 0.8835 and with this week to go the target is pretty realistic

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Metal_Mind 30 Apr.

UPDATE 2: Current price level is  0.8802 which is a 79 pips deviation from target. The trend is at a boottom support very well positioned and could  lunch tommorow in a bullish rally towards my target. Good help.

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FINAL UPDATE : The price at settlment was 0.8787 that beeing an 64 pips deviation from target. It is very far for a win but  it is a good prediction for my book.

Omela avatar
Omela 8 May

возможно, всё возможно)

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USD/JPY-Bullish dollar backed by taper ?

Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,MACD, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 102.12

USD/JPY after last month reaching an high at (105) level has begin retracing to (102) price level , which lasted most of January.The dollar hited a 1 month low.The current price level hit fibonacci retracement level 38.20%(102.20) and from my point of wiew i think this is the start of the bullish trend. I base my analysis both tehnically but most important
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Metal_Mind 26 Feb.

UPDATE 1: Current price level is 102.35 which is very far from target and fairly looks unrecheble by the end of the month.

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UPDATE 2: Current deviation is over 250 pips bellow my target.

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EUR/ AUD pending order payed big time on RBA news

Several days ago when i was analizing several pairs for the tehnical analysis contest i also took a look at the EUR/AUD. I didn't suceed to post on time this analysis but the work done wasn't in vain. I rembered this pair because it has an excelent potential for a bullish run of at least 300-500 pips very soon. My point here is also backed by recent RBA necesity for a weaker aussie to boost the economy rather than a last resort solution like an interest rate cut,which they said is
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I prepared a very nice chart but i got an error message and couldn;t post it. I was allowed only to post without the picture.

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jezz 4 Dec.

This is a very good plan. You've written it like you lost money. Good work

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thanks jezz

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EUR/NZD KIWI is awaiting RBNZ decision.

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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HOANG_MAI_NHI avatar

like+1

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

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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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