Month: October 2022


18
Oct
Posted BySamuel Morton Category Daily FX Analysis
Our previous gold analysis… Click here METALS ANALYSIS: GOLD – potential downtrend? As suggested in our last analysis, price closed below the range weekly range support area and has since been bearish. On the weekly time-frame, GOLD is below the recent consolidation area and has formed a bearish channel, so …
17
Oct
Posted BySamuel Morton Category Daily FX Analysis
Our previous Forex analysis can be viewed here… Technical Analysis FOREX ANALYSIS: AUDUSD – Down-trending. Potential indecision? As suggested in our previous analysis, price reversed around 0.6335 and 0.6200. AUDUSD is down-trending but is starting to look indecisive – the uptrend could becoming to an end. The moving averages are bearish …
14
Oct
Posted BySamuel Morton Category Daily FX Analysis
Our previous Forex analysis can be viewed here… Technical Analysis FOREX ANALYSIS: AUDUSD – Down-trending. Potential indecision? As suggested in yesterday’s chart analysis, the AUDUSD has been moving sideways. Price has been down-trending and has just formed a new swing lower but AUDUSD is starting to look indecisive overall. The moving …
13
Oct
Posted BySamuel Morton Category Daily FX Analysis
Our previous Forex analysis can be viewed here… *US inflation figures (1230 UTC) may cause volatility across the FX markets today* Technical Analysis FOREX ANALYSIS: AUDUSD – Down-trending. End of the trend? As suggested in our previous analysis, price found support around 0.6250 and has failed to swing lower. AUDUSD is …
12
Oct
Posted BySamuel Morton Category Daily FX Analysis
Our previous Forex analysis can be viewed here… *FOMC (1800 UTC) may cause volatility across the FX markets today* Technical Analysis FOREX ANALYSIS: AUDUSD – Down-trending. End of the trend? As suggested in yesterday’s Forex analysis, the AUDUSD has been bearish. Price is down-trending but is struggling to break recent lows, …
11
Oct
Posted BySamuel Morton Category Daily FX Analysis
Our previous Forex analysis can be viewed here… Technical Analysis FOREX ANALYSIS: AUDUSD – Down-trending As suggested in our last analysis, price has been bearish. AUDUSD is down-trending again, after a period of market indecision. The moving averages are bearish and widening, so the downtrend could continue. Price is also down-trending …
10
Oct
Posted BySamuel Morton Category Daily FX Analysis
Our previous Forex analysis can be viewed here… Technical Analysis FOREX ANALYSIS: AUDUSD – Downtrend? As suggested in Friday’s chart analysis, the AUDUSD closed below the range support area and has since been bearish. Price was indecisive for a while but is now looking bearish – AUDUSD is below the recent …
7
Oct
Posted BySamuel Morton Category Daily FX Analysis
Our previous Forex analysis can be viewed here… Major USD news at 1230 UTC today could cause major swings across the FX markets… Technical Analysis FOREX ANALYSIS: AUDUSD – Indecision As suggested in yesterday’s analysis, price reversed around 0.6540. AUDUSD was showing signs of potential upside but is now looking indecisive …
6
Oct
Posted BySamuel Morton Category Daily FX Analysis
Our previous Forex analysis can be viewed here… Technical Analysis FOREX ANALYSIS: AUDUSD – Indecision. Possible upside? As suggested in our previous Forex chart analysis, the AUDUSD reversed around the diagonal support area and has since been bullish. Price continues to be indecisive but price action is forming an ascending triangle …
5
Oct
Posted BySamuel Morton Category Daily FX Analysis
Our previous Forex analysis can be viewed here… Technical Analysis FOREX ANALYSIS: AUDUSD – Indecision. Possible upside? As suggested in our last analysis, price has been moving sideways. AUDUSD is indecisive and is lacking trend momentum. The moving averages have been crossing frequently – confirming the market indecision. But price action …