TriumphFX Analysis


27
May
What’s moving the market? Biden’s Asia Visit  US President Biden begins his Asia tour aimed at boosting Indo-Pacific ties. Biden has visited South Korea and Japan to shore up the support of key Asian allies as there is concern that the Biden administration has got its hand tied in the …
27
May
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/05/25/triumphfx-intraday-forex-analysis-1-hour-charts-may-25-2022/ AUDUSD – Up-trending The AUDUSD has been bullish. Price is up-trending and is currently forming a swing higher after potential market indecision. The moving averages are bullish but tight, signalling that upside momentum could be weakening. AUDUSD is above the recent consolidation area though, suggesting more potential upside. …
26
May
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/05/25/triumphfx-intraday-forex-analysis-1-hour-charts-may-25-2022/ AUDUSD – End of the uptrend? Market indecision? As suggested in yesterday’s chart analysis, price has reversed around 0.7040. AUDUSD has been up-trending. Recent price action has been sideways though. Price has swung below the trend support area, suggesting that upside momentum may be weakening – the uptrend …
25
May
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/05/24/triumphfx-intraday-forex-analysis-1-hour-charts-may-24-2022/ AUDUSD – Up-trending As suggested in our previous analysis, the AUDUSD has been finding support around the bullish channel support area. Price is up-trending and is currently in a retrace move. AUDUSD is up-trending within a bullish channel and is currently testing the channel support area. The moving …
24
May
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/05/23/triumphfx-intraday-forex-analysis-1-hour-charts-may-23-2022/ AUDUSD – Up-trending As suggested in yesterday’s chart analysis, price reversed around 0.7125. AUDUSD is clearly up-trending – price action has formed a long series of higher swing highs and higher swing lows. Price is currently in a retrace move. AUDUSD is moving within a bullish channel and …
23
May
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/05/20/triumphfx-intraday-forex-analysis-1-hour-charts-may-20-2022/ AUDUSD – Up-trending As suggested in our last analysis, the AUDUSD reversed around the trend support area and around the moving averages. Price is up-trending. AUDUSD is currently forming a swing higher. Price action has formed a bullish channel and price is clearly moving within the channel. The …
20
May
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/05/19/triumphfx-intraday-forex-analysis-1-hour-chart-may-19-2022/ AUDUSD – Up-trending As suggested in yesterday’s chart analysis, price reversed around the trend support area and has been bullish. AUDUSD is now reversing off the shorter-term moving average, as also suggested in yesterday’s analysis. Price is up-trending and is currently in a retrace move. The moving averages …
19
May
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/05/18/triumphfx-intraday-forex-analysis-1-hour-charts-may-18-2022/ AUDUSD – Potential uptrend? Bearish move lower? As suggested in our previous analysis, the AUDUSD reversed around the longer-term moving average. Price action has formed a series of higher swing highs and higher swing lows, suggesting a potential uptrend. AUDUSD is struggling to swing above the 0.7040 resistance …
18
May
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/05/17/triumphfx-intraday-forex-analysis-1-hour-chart-may-17-2022/ AUDUSD – Potential uptrend? As suggested in yesterday’s chart analysis, price has been bullish and has been finding resistance around 0.7040. AUDUSD has formed a short series of higher swing highs and higher swing lows, suggesting a potential uptrend. The moving averages confirm the potential upside – they …
17
May
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/05/16/triumphfx-intraday-forex-analysis-1-hour-charts-may-16-2022/ AUDUSD – Potential uptrend? The AUDUSD has been bullish. Price was down-trending but recent price action has been bullish. AUDUSD has swung above the trend resistance area and is forming a higher swing high, suggesting a potential uptrend. The moving averages confirm the possible upside – they have …