April 2019 - TriumphFX Analysis

30
Apr

Forex vs Stocks vs Futures

Posted BySamuel Morton Category Daily FX Analysis

Financial Markets Explained Financial markets is the term used to describe the markets where financial products can be bought and sold. Financial markets usually have central exchanges, or marketplaces, such as the London Stock Exchange (LSE) and the Chicago Mercantile Exchange (CME). Having a central exchange is not a necessity …

30
Apr

Daily Technical Forex Forecast 30.04.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The price corrected upwards, but the movement was on the small volume. On the other hand, the price is located in the middle of the local consolidation between 2 strong volume levels. The first one is the level of support 1.1121 and the level of resistance 1.1266 – 1.1276. …

30
Apr

TriumphFX Intraday Forex Analysis – 1 Hour Charts – April 30, 2019

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD found resistance around the trend resistance area. Price has since moved above the trend resistance though and is now looking indecisive. The moving averages confirm the current indecision – they have crossed and are moving sideways. …

29
Apr

TriumphFX Intraday Forex Analysis – 1 Hour Charts – April 29, 2019

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in Friday’s chart analysis, price found resistance around the longer-term moving average and is now finding resistance around the trend resistance area. The AUDUSD is down-trending. The moving averages are bearish, signalling that the downtrend could continue. Selling opportunities may exist around …

28
Apr

Weekly Technical Forex Forecast 29.04-03.05.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro tested the support level 1.1121, but failed to break it down and corrected upwards. However, the price has already resumed its decline and now is trading near this mark. Given this fact, as well as the recent sharp decline on the large volume, we can consider a …

26
Apr

Daily Technical Forex Forecast 26.04.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro continued falling, but the further drop was stopped by the formation of the new level of support 1.1121. This level contains the large volume, therefore, we may assume that institutional players are gaining their positions in this area. Thus, we can open short positions only after the …

26
Apr

TriumphFX Intraday Forex Analysis – 1 Hour Charts – April 26, 2019

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD continued to be bearish. Price is down-trending and is currently retracing some of the recent bearish swing. The moving averages are bearish and widening, all signalling that the downward pressure may continue. Opportunities to go short …

25
Apr

Daily Technical Forex Forecast 25.04.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro demonstrated an abrupt drop supported by the large volume and broke down the previous level of support, which is a great bearish signal. Besides it, we need to point the new volume level of resistance, it’s 1.1219. Therefore, we should consider exceptionally short positions. We can enter …

25
Apr

TriumphFX Intraday Forex Analysis – 1 Hour Charts – April 25, 2019

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, price has continued to be bearish and move lower. The AUDUSD is down-trending. The moving averages are bearish and widening, all signalling that the downtrend could continue. Selling opportunities may exist around the dynamic resistance of the moving …

24
Apr

Daily Technical Forex Forecast 24.04.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro showed a significant decline on the very large volume, which is an excellent bearish signal for us. It is also worth highlighting the new support level 1.1196, in which the large volume is concentrated, so we can assume that big players opened their positions there. However, they …