Ha-Lion

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. ****

Ha-Lion

On daily, it hit upper bond of my indicator. It also is making a Shooting Star formation, so far which is a Bearish formation. On Hourly, this is more visible and it seems the trendline is holding and rejecting the price to go downward. ****This post is for educational only and it's not suggesting any invest or trading advice.****

Ha-Lion

There is a new for JPY is coming out about GDP. Monthlyt, weekly and Daily are all showing Bearish move as the interest rate in JPY most likely will go up in close future. On Hourly, correction / retracement is formed and it will break bearish soon.

Ha-Lion

This is a brief summary and analysis for major Currency Indexes. Please just only use this as a reference and do your due diligence and your own analysis.

Ha-Lion

Here is the size of Oanda spread. The spread size fluctuates at every second. However, there is a baseline provided by oanda and this chart is based on that. Smaller spread is more favorable as it will cost you less when you enter a trade. Also, it will have less slippage if you trade news compare to the pair that has wider spread.

Ha-Lion

On daily, it has made a inverted Head & Shoulders at psychological support of 0.85000. You can notice it in lower time frame as well. It potentially will go up to reach upper trend line or 0.86500 Resistant.

Ha-Lion

Here is a spread size from Oanda on important pairs.

Ha-Lion

On Daily, After multiple Dojis, it has made a Bearish Engulfing follow by second Bearish candle poised to go down. On lower time frame, you can see that consolidation and correction is over and Bearish move is continuing.