- Charts: 4 Hours, 1 Day.
- Elements used: Patterns,Supports & Resistances.
- Prepared with : JForex 4.
- Current Level : 1.0732
Metal_Mind's Blog
AUD/NZD- Channel Up emerging pattern!
AUD/CHF -Channel UP !
- Charts: 4 Hours, 1 Day.
- Elements used: Patterns,Supports & Resistances.
- Prepared with : JForex 4.
- Current Level : 0.8392
AUD/CAD - Retracement within Channel up !
- Charts: 4 Hours, 1 Day,1 Week.
- Elements used: Fibonacci Fan Lines,Fibonacci Retracements,Supports & Resistances.
- Prepared with : JForex 4.
- Current Level : 1.0094
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…
GBP/AUD- Bolinger Bands confirm's bullish trend!
Charts: 4Hours, 1 Day.
Indicators: Pattern Analysis Widget ,Bolinger Bands,EMA:3,5,13,21,50,100,200.
Current Level : 1.8551
GBP/AUD after encounter a strong bearish retracement that took almost all the month of October ,continued the rise of the bullish trend for more than 2000 pips until 24 January when it formed a new resistance zone at 1.9193 from where it comence a bearish retracement.
As the pattern analysis widget detected , the pair is in a channel up pattern of 83% quality & 100% magni…
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…
GBP/NZD-Breaking the Channel down !!
Charts: 4Hours, 1 Day.
Elements used: Pattern Analysis Widget, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 2.0084
GBP/NZD as can bee seen on the chart bellow is in a channel up pattern formation,but there is very interesting about this particular formation. If we look closely we can see that while forming this channel up the pair made 3 resistances each one higher than the other and 2 (highers low) supports . I analyze this pair for quite some time now and i see here a distinct …
Elements used: Pattern Analysis Widget, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 2.0084
GBP/NZD as can bee seen on the chart bellow is in a channel up pattern formation,but there is very interesting about this particular formation. If we look closely we can see that while forming this channel up the pair made 3 resistances each one higher than the other and 2 (highers low) supports . I analyze this pair for quite some time now and i see here a distinct …
GBP/AUD-Channel Up!
Charts: 4Hours, 1 Day.
Indicators: Pattern Analysis Widget , MACD ,EMA:3,5,13,21,50,100,Time Markers.
Current Level : 1.8724
GBP/AUD after encounter a strong bearish retracement that took almost all the month of October ,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 50% quality & 49% magnitude which for sure will continue the next month & a half.At the current price level t…
EUR/NZD-Bullish reversal & Channel up?
Charts: 4Hours, 1 Day.
Elements used: Pattern Analysis Widget, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 1.6277
EUR/NZD pair is definetely set for a bullish reversal after the last 780 pips bearish trend which started in 29 December and continued until now.I have decided to introduce the Pattern Analysis Widget as an element of my analysis because lately it showed remarkable results and is a valuable & important tool .On the chart bellow we can see that the widget mesured a channel up…
Elements used: Pattern Analysis Widget, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 1.6277
EUR/NZD pair is definetely set for a bullish reversal after the last 780 pips bearish trend which started in 29 December and continued until now.I have decided to introduce the Pattern Analysis Widget as an element of my analysis because lately it showed remarkable results and is a valuable & important tool .On the chart bellow we can see that the widget mesured a channel up…
NZD/CHF-Rally UP!
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 0.7509
NZD/CHF even though is pretty hard to predict in general because of the sharp move or wide ranges recent price development made the hole picture alot clearer.On my previous analysis on this pair i predicted a sharp move above 50.00% towards 61.80 fibonacci retracement level and a pullback settling the pair at 0.8150 level for December,wh…
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 0.7509
NZD/CHF even though is pretty hard to predict in general because of the sharp move or wide ranges recent price development made the hole picture alot clearer.On my previous analysis on this pair i predicted a sharp move above 50.00% towards 61.80 fibonacci retracement level and a pullback settling the pair at 0.8150 level for December,wh…