Ha-Lion

Ha-Lion

On MOnthly, ther is a Bearish Engulfing candel formation. On Weekly, Price is below 200, 50 and 20 EMA. On Daily, it touched 52 Weeks Low Support line and price is below 200, 50, and 20 EMA. On 10 Minutes, the Daily Trendline and 10 Minutes Trendline are broken. at this memnt, it's confirming this break and seems it's poised to Bearish move.

Ha-Lion Updated 

On Monthly chart, it hasa formed a Doji @ 155.400 historical Resistant which since 1997 was touched twice. On Weekly, two weeks on the row created Doji formation. On Daily chart, you can easily notice a Bearish Divergence when you compare the chart with Stochastic. Lastly, on 10 Minutes chart, you will see the correction with Rising Wdge which is Bearish...

Ha-Lion Updated 

On MOnthly chart, price is below 200, 50 and 20 MA. On Weekly is the same scenario. On Daily, Resistant 0.6000 is rejected and going down to 0.59000 and it's below 200, 50 and 20 MA. On 1H, orice is below 200, 50 and 20 MA as well. additionally, it formed Bearish Cup & Handle too. In 10M chart the movement is more clear. Stochastic shows Overbought and it's...

Ha-Lion

On Daily chart, price is below 200, 50 & 20 EMA and broke through Support 1.0800. in 10 Minutes shows it's in correction and most likely will hit back 1.0800 to confirm and if it holds, it will go down potantially until 1.05000.

Ha-Lion

On Daily, resistant 0.58500 is holding. On lower time frame, especially in 10 Minute it has created Multi-Top and poised to go Bearish dow to hit the trendline.

Ha-Lion

Daily, hit 200MA and approaching resistant 0.58500 8H - Stochastic is 96% 4H - Stochastic is 94% 10M - Rising Wedge - reversal

Ha-Lion

This pair made a Double Top on Daily and forming Head & Shoulders on hourly. it's one of the rare formations combination. watch this pair.

Ha-Lion

On Daily chart, you can see that Price broke through 0.60000 Psychological Support which is a big deal. It made a Doji on Friday. On Hourly, this Bearish move is more clear. It is doing correction and going back up to 0.60000 to test it once again. It has created a Rising Wedge which is a Bearish formation. **** This post is for educational only and it's not...

Ha-Lion

On daily chart, since January, it seems this pair is going sideway. The green box is showing it clearly. On hourly, you can see that is going down trend and potentially will double down on 0.85300. It seems that is losing its momentum. But, if it breaks through there are two supports of 0.85040 and a stronger psychological Support 0.85000 which it has attempted...

Ha-Lion

On Daily, It tried and failed Resistant 0.6000 multiple times to bounce back off and go Bullish. Overall is Bearish move as NZD is changing their monitory policy. Additionally, It made a Double Top 0.62170 as well. Since USD is stronger than other currencies, this pair is poised to continue Bearish move. On Hourly, it made kind of Head and Multi-Shoulders and...

Ha-Lion

On Daily chart, you will notice that it has been rejected from the trend line and it made a Doji and it's poised to go Bearish. On Hourly, you can clearly notice the Double Top made at 165.355 which is 52 Week Hight. The retracement or you can call it Consolidation or Correction, on Hourly is clear and it is slowing down to go Bearish.

Ha-Lion

This pair has failed multiple times to break the previous high. You can see on the lower time frame that it made Triple Top at the Daily trend line and it got rejected. This can be a great opportunity for a Bearish move. **** This post is for educational only and it's not suggesting any investment or trading advice. ****

Ha-Lion

This pair is continuing the Bearish move which you can see on Daily chart and confirmed with Hourly chart as it is consolidating right now. This bearish move is based on new economic data that came out recently from U.S that shows economy is still strong and Inflation is high. this would certainly push the rate curt back or at least on hold until next...

Ha-Lion

It's not so clear if it's on retracement / Correction to continue Bullish move or it's on reversal and going Bearish. If 162.500 resistance hold firm, then we may see a bearish move. As a side note, JPY is about to increase their Interest Rate this month or next month as some Economist predicted. If this news is accurate, we will see a Bearish move that will...

Ha-Lion

On Daily, it broke through 0.8900 psychological Support and continue Bearish move. On hourly, you can see that it hit the trend line and it's failing to break it and it may go Bearish down to 0.88300 or lower. **** This post is for educational only and it's not suggesting any investment or trading advice. ****

Ha-Lion

On Daily, it's bouncing back off of trend line and failed to break it last week. It failed to hit 0.58500 psychological Resistance. On Hourly, you can see that it made a Double Top formation that if it holds, it will go Bearish down to 0.57200 and potentially, to 0.56300. **** This post is for educational only and it's not suggesting any investment or trading...

Ha-Lion

Dear traders, this weekly analysis that I started posting requires your work too. Don't just relay on my analysis. Please draw your trend lines and study price action to either confirm or deny my analysis. It is for all 8 major Price Index currencies from Monthly, Weekly and Daily charts. My intention is to help you improve your analysis for any Forex...

Ha-Lion

On daily, it hit the upper band of my indicator and it's creating shooting star formation. On hourly, it made a nice Head & Shoulders and now it's testing the neck. All sign of Bearish move. **** This post is for educational only and it's not suggesting any invest or trading advice. ****