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CAD/JPY- Plummets!


Charts: 4Hours, 1 Day.
Indicators: Pattern Analysis Widget ,Fibonacci Retracements,EMA:3,5,13,21,50,100,200.
Current Level : 92.39

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 identifie
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Metal_Mind 27 Mar.

UPDATE 1: WRONG DIRECTION

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EUR/SGD- Channel Up


Charts: 4Hours, 1 Day.
Elements used: Support & Resistance Levels ,Time Markers, MACD, EMA 200,100.
Current Level : 1.6808

EUR/SGD since early 2012 started a strong bullish channel which can be seen now very well on the chart below.Despite that sharp break up of the channel the trend formed higher highs and higher lows as can be seen very clearly.I expect a strong euro for this year's end so the price should continue it's bullish trend and settled a bit higher next year. I predict for 2nd Janu
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Metal_Mind 26 Dec.

UPDATE 1 : The direction is definatly good but the pair didn't done yet the retracement that i expected. Current price level is 1.7379 which is over 400 pips above target.

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