TriumphFX Analysis - Forex Analysis - Technical & Fundamental

15
Jul

Intraday Forex Analysis – 1 Hour Charts – July 15, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart Price found support again around the trend support line area and the shorter-term moving average but quickly reversed bearish around the trend resistance area (as identified and suggested in yesterday’s chart analysis). Overall, price is very bullish. The moving averages are still bullish, suggesting that the bullish move …

14
Jul

Intraday Forex Analysis – 1 Hour Charts – July 14, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart The AUDUSD found support and bounced off the trend support line identified in yesterday’s chart analysis. The bullish moving averages are currently showing no signs of weakness, suggesting that price could continue to move higher. If the trend support line is tested again, it is …

13
Jul

Inter-day Forex Analysis – Daily Charts – July 13, 2016

Posted BySamuel Morton Category Daily FX Analysis

EURUSD – Daily Chart The EURUSD is at a very interesting support area. There is horizontal support (also a key psychological level) at 1.1000 and a trend support line around the same area. Price closed a bearish pin bar yesterday and the moving averages have also crossed bearish – both suggesting …

13
Jul

Intraday Forex Analysis – 1 Hour Charts – July 13, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart The AUDUSD was very bullish in yesterday’s trading sessions. Price is now retracing some of the bullish move and is nearing the shorter-term moving average. The moving averages continue to be bullish and are currently widening, suggesting that the bullish move could continue. Buying opportunities …

12
Jul

Intraday Forex Analysis – 1 Hour Charts – July 12, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, price found dynamic support at the shorter-term moving average and moved higher. The upside move is now stalling around the trend resistance line (as also suggested in yesterday’s chart analysis). If price pulls back in today’s trading sessions, there …

11
Jul

Intraday Forex Analysis – 1 Hour Charts – July 11, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart Price closed above the potential consolidation (see Friday’s chart analysis) and is moving higher. The moving averages have crossed bullish and are widening, suggesting that the upside move could continue. Buying opportunities could exist if price pulls back to around the bullish moving averages or around the …

8
Jul

Intraday Forex Analysis – 1 Hour Charts – July 08, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD was bearish in yesterday’s trading sessions. Price has formed a trend resistance line, as well as the longer-term bullish trend lines. Price could consolidate between these areas and form a tightening symmetrical triangle pattern. The moving averages …

7
Jul

Intraday Forex Analysis – 1 Hour Charts – July 07, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart The AUDUSD was bullish in yesterday’s trading sessions. The moving averages have crossed bearish and are widening – suggesting that price could be bearish in today’s trading sessions. If the AUDUSD is bearish, price could reach the trend support line currently sitting at 0.7435 and the horizontal support …

6
Jul

Intraday Forex Analysis – 1 Hour Charts – July 06, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart The AUDUSD was bearish in yesterday’s trading sessions. The bullish moving averages are tightening, suggesting that price could continue it’s bearish run. If price moves higher before moving lower, there could be selling opportunities around the moving averages and around the bearish trend line (currently sitting …

5
Jul

Inter-day Forex Analysis – Daily Charts – July 05, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – Daily Chart The AUDUSD is nearing a clear trend resistance line. Price looks like it is struggling to reach the most recent swing high and may not be able to move higher. The moving averages have just crossed bearish, suggesting that the selling momentum is increasing. There could be a selling opportunity …