Month: May 2022


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 …
16
May
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/05/13/triumphfx-intraday-forex-analysis-1-hour-charts-may-13-2022/ AUDUSD – Down-trending As suggested in Friday’s chart analysis, price has been bearish. AUDUSD is down-trending – price action has formed a series of lower swing highs and lower swing lows. Price is currently in a retrace move. The moving averages are bearish and steady, signalling that the …
13
May
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/05/12/triumphfx-intraday-forex-analysis-1-hour-charts-may-12-2022/ AUDUSD – Down-trending The AUDUSD has been bullish. Price is down-trending and is currently in a retrace move. The moving averages are bearish and steady, signalling that the downtrend could continue. AUDUSD has broken a key support level on higher time-frames, adding confidence that the downside direction could …
12
May
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/05/11/triumphfx-intraday-forex-analysis-1-hour-charts-may-11-2022/ AUDUSD – Down-trending As suggested in yesterday’s chart analysis, price has been bearish and has swung lower. AUDUSD is down-trending – price action has formed a series of lower swing highs and lower swing lows. Price is currently forming a swing lower. The moving averages are bearish and …
11
May
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/05/10/triumphfx-intraday-forex-analysis-1-hour-charts-may-10-2022/ AUDUSD – Potential downtrend? As suggested in our previous analysis, the AUDUSD reversed around the recent lows at 0.6920. Price is below a recent consolidation area and the moving averages are bearish and widening, signalling a potential downtrend. The AUDUSD is currently in a retrace move. Selling opportunities …
10
May
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/05/09/triumphfx-intraday-forex-analysis-1-hour-charts-may-09-2022/ AUDUSD – Potential downtrend? As suggested in yesterday’s chart analysis, price has been bearish. AUDUSD is below a recent consolidation area, suggesting a potential downtrend. The moving averages are bearish and widening – confirming the potential downside. Price is down-trending on higher time-frames, adding confidence to a potential …
9
May
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/05/06/triumphfx-intraday-forex-analysis-1-hour-charts-may-06-2022/ AUDUSD – Potential downtrend? The AUDUSD has been bearish. Price was consolidating but recent price action has been bearish and has swung below the consolidation support area, signalling a potential downtrend. The moving averages confirm the possible downside – they have crossed bearish. AUDUSD is testing a key …
6
May
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/05/05/triumphfx-intraday-forex-analysis-1-hour-charts-may-05-2022/ AUDUSD – Market indecision Price has been bearish. AUDUSD was showing signs of a potential uptrend but price is now looking indecisive. The moving averages confirm the market indecision – they are moving sideways. AUDUSD is also looking indecisive on higher time-frames. Trading opportunities could exist around the …
5
May
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/05/04/triumphfx-intraday-forex-analysis-1-hour-charts-may-04-2022/ AUDUSD – Uptrend? As suggested in yesterday’s chart analysis, the AUDUSD has been bullish. Price was down-trending but has recently been bullish. AUDUSD has swung above recent swing highs, signalling a potential uptrend. The moving averages confirm the possible upside – they have crossed bullish and are widening. …