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EUR/NOK - Retracement Period

Metal_Mind Posted 15 Nov. as Analysis on EUR/NOK, Target: 8.1388, Date: 2nd of January, 12:00 GMT  in #Technical analysis #Base Currency #Consolidation #Sharp #EUR/NOK #Retracement #Run

Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 8.2360

EUR/NOK pair like the majority pairs which have euro as base currency , experienced a bullish run very high and in a relatively short perioad of time but surprisingly this pair isn't followed by some long retracements period but rather short consolidation moves and other sharp bull runs. Studying back price movement ,i predict a retracement
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Metal_Mind 26 Dec.

UPDATE 1 : Wrong Prediction

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NZDJPY - Bull Run Towards Resistance

Metal_Mind Posted 31 Oct. as Analysis on NZD/JPY, Target: 82.8800, Date: 2nd of December, 12:00 GMT  in #Technical analysis #JPY #NZD #Bullish #Fibonacci #NZD/JPY #Retracements #Bull #Retest #Run
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :81.26


NZDJPY had a long bullish run last year from the (58.04) price level to the (86.45) level. From there we can see the trend pulled back and retraced towards fibonacci retracement 38.20% (75.60) price level and now continue the bullish run in the attempt to reach the previous major resistance set at (86.45) to retest it. I predict th…
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Metal_Mind 21 Nov.

UPDATE 1 : The prediction is good, the trend movement is exactly as drawn respecting fan lines and moving in the channel between them. Target has been reached already .Current level is 82.90. The market will decide final target but probably it will be very close . This is a very good prediction .

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Metal_Mind 28 Nov.

UPDATE 2 : Target has been reached already. Current price level is 83.00 With two more days to go the premises are very good.

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Metal_Mind 1 Dec.

UPDATE 3: THe current price level is 83.37 but what is most important is the direction which is bearish and right on track as expected. The prediction is extraordinary and has a great level of quality. There are only 49 pips deviation from the target and until tommorow settlement there is enough time for this prediction to be meet.

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