Month: June 2022


30
Jun
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/06/29/triumphfx-intraday-forex-analysis-1-hour-charts-june-29-2022/ AUDUSD – Market indecision As suggested in yesterday’s chart analysis, the AUDUSD broke below the range support area and then reversed around 0.6860. Price continues to be indecisive and move sideways, after forming a downtrend. The moving averages confirm the market indecision – they have been crossing frequently …
29
Jun
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/06/27/triumphfx-intraday-forex-analysis-1-hour-charts-june-27-2022/ AUDUSD – Indecision As suggested in our last analysis, price has been moving sideways. AUDUSD continues to be indecisive and lack trend direction. The moving averages confirm the market indecision – they are tight and moving sideways. Price action has formed a horizontal channel at 0.6875-0.6960 and also …
What’s moving the market? The worst is yet to come According to Nomura’s estimation, Singapore is expected to see food inflation double to 8.2% in the second half from 4.1% now, while India will likely see the highest print at 9.1% due to rising feedstock costs. Welcome to the EU club EU leaders have granted Ukraine …
27
Jun
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/06/24/triumphfx-intraday-forex-analysis-1-hour-charts-june-24-2022/ AUDUSD – Indecision As suggested in Friday’s chart analysis, the AUDUSD has been moving sideways. Price continues to be indecisive and lack trend direction. The moving averages confirm the market indecision – they are tight and moving sideways. AUDUSD could start ranging between 0.6880 and 0.6950. Trading opportunities …
24
Jun
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/06/23/triumphfx-intraday-forex-analysis-1-hour-charts-june-23-2022/ AUDUSD – Market indecision. Possible move lower? As suggested in our previous analysis, price has been moving sideways. AUDUSD continues to be indecisive after forming a clear downtrend. The moving averages are bearish and widening, signalling that price may become bearish and start down-trending again. Price action is …
23
Jun
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/06/22/triumphfx-intraday-forex-analysis-1-hour-charts-june-22-2022/ AUDUSD – Market indecision. Possible move lower? As suggested in yesterday’s chart analysis, the AUDUSD reversed around the shorter-term moving average and has been indecisive. Price continues to be indecisive and lack trend momentum. AUDUSD was down-trending but has recently been moving sideways. Price may start ranging between …
22
Jun
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/06/20/triumphfx-intraday-forex-analysis-1-hour-charts-june-20-2022/ AUDUSD – Market indecision. Possible move lower? As suggested in our previous analysis, price has been moving sideways. AUDUSD was down-trending but has recently been looking indecisive. Price action is currently forming a bearish move, which may be the start of a swing lower. The moving averages continue …
20
Jun
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/06/17/triumphfx-intraday-forex-analysis-1-hour-charts-june-17-2022/ AUDUSD – Market indecision As suggested in Friday’s chart analysis, the AUDUSD has failed to swing lower and has become indecisive. Price is choppy and moving sideways – AUDUSD is indecisive. The moving averages confirm the market indecision – they are tightening and are moving sideways. Price is …
17
Jun
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/06/16/triumphfx-intraday-forex-analysis-1-hour-charts-june-16-2022/ AUDUSD – Down-trending. End of the trend? As suggested in our last analysis, price reversed around the moving averages and failed to swing lower. AUDUSD is down-trending and is currently in a strong retrace move. Price action has formed a higher swing lower and the moving averages have …
16
Jun
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/06/15/triumphfx-intraday-forex-analysis-1-hour-chart-june-15-2022/ AUDUSD – Down-trending. End of the trend? The AUDUSD has been bullish. Price is down-trending and is currently in a retrace move. The retrace move has been strong and has swung above both moving averages, suggesting that AUDUSD could struggle to swing lower – the downtrend could becoming …