- Charts: 4 H,1 Day
- Elements used: CCI , Support & Resistance
- Current Level : 0.7740
Metal_Mind's Blog
AUD/USD-Continues downtrend !
NZD/USD - ,,Greenback'' struggles!
- Charts: 4 H,1 Day
- Elements used: Fibonacci Fan Lines,Retracements, CCI , Support & Resistance
- Current Level : 0.7638
USD/MXN - Ascending Triangle!
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 13.2248
Mexican Peso starting from May has begin building a large support zone at (11.92) price leve from which it weaken against the us dollar which begin to gain more and more strength every day in a sharp bull rise .After this movement the pair begin to move in a range which now seen on the chart below looks like an ascending …
USD/DKK-Channel Down
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 5.5703
Danish Krone in July this year found a resistance level at fibonacci retracement 0.00% (6.1792) price level which is also the area of fibonacci fan line 38.20% level. From there the krone started to strengthen beaking fibonacci retracement level one after another founding support at fibonacci 61.80% retracement level.As can be seen in …
USDNOK -React to Fan lines
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 6.1332
USDNOK recent price development from the last 3 to 6 months will reveal that the pair seem to react at fibonacci fan lines level. If we watch closely the chart below we can see the pair trading between fan lines levels finding resistance and support at these specific levels. After the pair broke down 61.00% fan line …
USDPLN - Going Downward!
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 3.1340
Polish Zloty has just found a support level around 61.80% fibonacci retracement level from where it pulled back for consolidation.The 61.80% fibonacci retracement level is a previous important support zone which i predict it will be broke any time soon , strenghten the polish zloty more aginst the ''greenback''. I predict for 2…
USDSEK-Lower Highs& Lower Lows !!!
Charts: 1 Day,1Week.
Elements used: Support & Resistance Levels , MACD, EMA 200,100,50,Time Markers.
Current Level : 6.5873
Swedish krona has been losing ground against the dollar since January 2013 but in June the pair reached an important resistance level around(6.87) price level from where it started a descending channel as can be seen on the chart bellow.The pair made lower highs and lower lows ,facts that confirmed the descending channel and that the krona may continue to …
Elements used: Support & Resistance Levels , MACD, EMA 200,100,50,Time Markers.
Current Level : 6.5873
Swedish krona has been losing ground against the dollar since January 2013 but in June the pair reached an important resistance level around(6.87) price level from where it started a descending channel as can be seen on the chart bellow.The pair made lower highs and lower lows ,facts that confirmed the descending channel and that the krona may continue to …
USDRUB- Rouble lose ground!
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 32.39
Russian rouble as seen in chart 2 ,starting from March 2012 has strengthen considerably against the us dollar until mid January 2013 when it started to lose ground constantly against the '''greenback''' .At August's end , rouble had an sharp attempt to gain some track against the dollar which didn't last as can be seen on chart bellow.The dol…
USDSGD- Elliot Waves ?
Charts: 4Hours, 1 Day.
Elements used: Eliot waves,Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 1.2419
USDSGD pair if were to study its past price development we can see some similarities .On the chart bellow you can see the previous price development highlighted in red which started from a base support made a major resistance retraced and continue the bearish trend in Elliot Waves ,five wave pattern.Recent price dev…
Elements used: Eliot waves,Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 1.2419
USDSGD pair if were to study its past price development we can see some similarities .On the chart bellow you can see the previous price development highlighted in red which started from a base support made a major resistance retraced and continue the bearish trend in Elliot Waves ,five wave pattern.Recent price dev…
USDCHF- Reaching for Range Support!
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :0.9026
USDCHF is moving within a big range for more than 3 years now . The range is over 1400 pips wide and has base support at (0.8559) level and the major resistance level set at (0.9970) level.If we look on the chart below we can see that the range moved up&down between 0.00% & 23.60% Fibonacci retracement level for most of the time in the l…
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :0.9026
USDCHF is moving within a big range for more than 3 years now . The range is over 1400 pips wide and has base support at (0.8559) level and the major resistance level set at (0.9970) level.If we look on the chart below we can see that the range moved up&down between 0.00% & 23.60% Fibonacci retracement level for most of the time in the l…