Forex Analysis – TriumphFX


Posted ByTFX Category TFX Date
What is Bitcoin? Bitcoin (BTC) is a cryptocurrency that acts as a digital money which allows secure peer-to-peer transactions on the internet. It was first launched back in 2009 by an individual or a group of people known only as Satoshi Nakamoto. It has since become the most popular cryptocurrency …
Posted ByTFX Category TFX Date
What is blockchain Network fee/Gas fee? What is a consensus mechanism In the blockchain space, a consensus mechanism is used to help maintain the operation of these decentralised, self-regulating systems. As public blockchains involve contributions from hundreds of thousands of participants in verification and authentication of transactions occurring on the …
Posted ByTFX Category TFX Date
What is Blockchain? At this point in time, you’ve probably heard about blockchain technology and how it’s changing the world. But what actually is blockchain and how does it help solve problems? Blockchain 101 Like the name indicates, blockchain stores information in batches, called blocks, that are linked together in …
Posted ByTFX Category TFX Date
How to get started with Cryptocurrency? You’ve definitely heard of “crypto” or “Bitcoin” from your colleagues at the office pantry, or from that distant relative you see once a year at your family gathering. As cryptocurrency gets more mainstream than ever, it’s probably a good time now to finally pay …
2
Dec
Posted BySamuel Morton Category Daily FX Analysis
Our previous Forex analysis can be viewed here… Technical Analysis FOREX ANALYSIS: AUDUSD – Up-trending As suggested in yesterday’s Forex chart analysis, price found support around 0.6780 and has since been bullish. AUDUSD is up-trending and is currently in a retrace phase. The moving averages are bullish and widening, so the …
1
Dec
Posted BySamuel Morton Category Daily FX Analysis
Our previous Forex analysis can be viewed here… Technical Analysis FOREX ANALYSIS: AUDUSD – Uptrend? As suggested in our previous analysis, the AUDUSD moved above the range resistance area and has since been bullish. Price was indecisive but has swung above the range resistance area, suggesting a potential uptrend. The moving …
30
Nov
Posted BySamuel Morton Category Daily FX Analysis
Our previous Forex analysis can be viewed here… Technical Analysis FOREX ANALYSIS: AUDUSD – Ranging As suggested in our last Forex chart analysis, price has been moving sideways. AUDUSD is clear indecisive and ranging between the horizontal levels at 0.6585 and 0.6780. The moving averages are tight and moving sideways, so …
Here’s what you need to know about what went down this month: FOMC Minutes: Maybe it’s time to slow down At the November 2nd FOMC meeting, members unanimously agreed to raise the Fed Funds rate by 0.75 percentage point to bring the key rate to 3.75%-4.0%. However, in the meeting …
29
Nov
Posted BySamuel Morton Category Daily FX Analysis
Our previous Forex analysis can be viewed here… Technical Analysis FOREX ANALYSIS: AUDUSD – Market indecision As suggested in our previous analysis, the AUDUSD has been moving sideways. Price is indecisive and is lacking trend momentum. The moving averages are crossing frequently and moving sideways, so the market indecision could continue. …
28
Nov
Posted BySamuel Morton Category Daily FX Analysis
Our previous Forex analysis can be viewed here… Technical Analysis FOREX ANALYSIS: AUDUSD – Market indecision As suggested in Friday’s Forex analysis, price is looking indecisive. AUDUSD is lacking trend direction and is ranging between 0.6585-0.6780. The moving averages are tightening and are moving sideways, so the current market indecision may …