- Charts: 4Hours, 1 Day.
- Indicators: Fibonacci Fan Lines,Fibonacci Retracements,
- Prepared with : JForex 4.
- Current Level : 1.5866
Metal_Mindのブログ
EUR/NZD -W pattern!
AUD/NZD- Channel Up emerging pattern!
- Charts: 4 Hours, 1 Day.
- Elements used: Patterns,Supports & Resistances.
- Prepared with : JForex 4.
- Current Level : 1.0732
AUD/CHF- Range?
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines,Pattern Analysis Widget,EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.7849
AUD/CHF is in a channel down formation very well identified by the pattern analysis widget.The quality of the setup is 61% and the magnitude level is 81% on a 1 Day chart.From my point of wiew the pair has already reached a major support zone but it seems there is a tendency to go lower or form a range.
On the chart bellow we can see very clearly that the …
EUR/JPY-Triangle Pattern!
Charts: 4Hours, 1 Day.
Elements used: EMA 3,5,13,21,50,100,Time Markers.
Current Level : 141.02
EUR/JPY has had a 5100 pips sharp bullish rise month after month until recently when it seem to have encounter a resistance level. I used percent lines levels last month to determine where the pair could be heading. I predicted a retracement period.
Today i can conclude that i was right. The retracement period did occured but the losses were recovered very quickly and the pair played in a range …
GBP/USD - 5 Years Range!
Charts: 4Hours, 1 Day,1 Week.
Indicators: Fibonacci Fan Lines,Fibonacci Retracements, Pattern Analysis Widget,EMA 200,100,50.
Current Level :1.6757
GBP/USD on a 4 hour and 1 Day chart looks ready for a retracement and range in the month to come.On the weekly chart we can see the pair completed a double bottom & double top formation last month and continue climbing 50 pips into an area of major resistance zone of previous highs for the last 5 years ago.
The pair has made another …
GBP/CAD-Channel UP & Double Bottom!
Charts: 1 Day,1 Week.
Indicators: Pattern Analysis Widget , MACD ,EMA:3,5,13,21,50,100,Time Markers.
Current Level : 1.8548
GBP/CAD after encounter a strong bearish retracement that took almost all the month of October & November,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 54% quality & 45% magnitude which for sure will continue the next month.
I mainly based this 1 month predictio…
NZD/USD-Break Trangle Pattern!
Charts: 4Hours, 1 Day.
Elements used: Pattern Analysis Widget, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.8270
NZD/USD last month looked as being in a head & shoulders pattern. I predicted that there will be some moves into completing this pattern but the price action moved within a large elongated range that contured the Triangle pattern .
The pattern analysis widget detected a triangle on a 1 Day chart, having a 78% quality and a 100 % magnitude which makes it a ''crystal clear'' pa…
GBP/CHF-Channel UP!
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines, Fibonacci Retracements,EMA 3,5,13,21,50,100,Time Markers.
Current Level : 1.4809
GBP/CHF like most pairs that had the pound as base currency have began appreciating heavly in the past months taking into consideration the UK economy recovery & expansion correlated with increased consumption which boosted the pound.I added this commentary beacause ,to speak only from a tehnical point isn't the true representation of the curren…
CAD/JPY- Seek higher grounds!
Charts: 4Hours, 1 Day.
Indicators: Pattern Analysis Widget , MACD .
Current Level : 95.19
CAD/JPY encountered a Resistance at (101.05) after a strong bullish trend of 2800 pips that started almost two years ago. From there as can been seen on the chart, there where 4 consistent attempts to break lower 92.00 level unsuccesfull though, and that helped formed a small range area between (92.00 )& (97.50 ).
As you can see the pattern analysis widget identified a complete triangle pattern of 100% mag…
AUD/NZD- Channel Down !
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines, Retracements,MACD, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 1.0586
AUD/NZD is in a channel down pattern for more than 8 months now. This channel down pattern is very viable also smoth and heading downwards gradually without any major disruption in the pattern.MACD on 4h chart indicates a bearish trend development soon which could be followed by some retracements but nothing significant.I don't see a channel breakout any…