October 2016 - TriumphFX Analysis

31
Oct

Intraday Forex Analysis – 1 Hour Charts – October 31, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart Price continues to be choppy and indecisive. The moving averages confirm this – they are crossing frequently and providing no clear direction. Price could be forming a bearish channel or consolidation, suggesting that price could move lower over coming days. Trading opportunities could exist around the identified …

28
Oct

Intraday Forex Analysis – 1 Hour Charts – October 28, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD found support around the horizontal support at 0.7585 but the bullish move off the support has been reversed. Price continues to be choppy and indecisive. The moving averages confirm this – they are crossing frequently and providing no clear …

27
Oct

Intraday Forex Analysis – 1 Hour Charts – October 27, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart Price is looking choppy and indecisive. The moving averages confirm this – they are crossing frequently and providing no clear direction. Trading opportunities could exist around the identified horizontal support and resistance areas and around the moving averages. The Bank of Australia have again decided to hold …

26
Oct

Intraday Forex Analysis – 1 Hour Charts – October 26, 2016

Posted BySamuel Morton Category Daily FX Analysis

25
Oct

Intraday Forex Analysis – 1 Hour Charts – October 25, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, price reversed bearish around the horizontal resistance at 0.7640 but the bearish move has since been reversed. The moving averages are still bearish, suggesting that price could move lower. Selling opportunities could exist around the trend resistance area, around …

24
Oct

Intraday Forex Analysis – 1 Hour Charts – October 24, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in Friday’s chart analysis, price found resistance around the 23.6% Fib level and reversed bearish. The moving averages have now crossed bearish and are widening, suggesting that price could move. Selling opportunities could exist around the dynamic resistance of the moving averages, around …

21
Oct

Intraday Forex Analysis – 1 Hour Charts – October 21, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD has moved lower and has been bearish. Price has closed below a clear previous swing low and the moving averages. The moving averages are also tightening, all suggesting that price could be in the process of starting …

20
Oct

Intraday Forex Analysis – 1 Hour Charts – October 20, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD found support around the trend support area and was very bullish. Price soon reversed though and is currently looking very bearish. The bullish moving averages are starting to tighten, suggesting that price could move lower. Buying opportunities …

19
Oct

Intraday Forex Analysis – 1 Hour Charts – October 19, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart The AUDUSD had little direction during yesterday’s trading sessions – price was choppy and moved in a general sideways direction. The moving averages continue to be bullish, suggesting that price could move higher. Buying opportunities could exist around the bullish moving averages, around the trend …

18
Oct

Intraday Forex Analysis – 1 Hour Charts – October 18, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, price found support around the previous horizontal resistance area and the shorter-term moving average and was bullish during yesterday’s trading sessions. The moving averages are bullish and are widening, suggesting that price may move higher. Buying opportunities could exist …