TriumphFX Analysis


17
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/03/24/triumphfx-forex-analysis-gbp-pairs-april-may-june-2022/ EURGBP Analysis – Daily Chart – Indecisive The EURGBP has been moving sideways. Price was down-trending but has recently been indecisive and has been moving sideways. EURGBP is looking choppy and is lacking trend direction. The moving averages are moving sideways – confirming the market indecision. Trading opportunities …
16
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/03/21/triumphfx-forex-analysis-eur-pairs-april-may-june-2022/ EURCHF – Daily Chart – Down-trending Price reversed around 1.0500 and has since been bearish, as suggested in our last chart analysis. EURCHF is clearly down-trending – price action has formed a series of lower swing highs and lower swing lows. Price is currently forming a swing lower. …
15
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/03/23/triumphfx-forex-analysis-chf-pairs-april-may-june-2022/ AUDCHF – Daily Chart – Indecision AUDCHF has been bearish. Price was showing a potential uptrend but recent price action has been bearish and is now looking indecisive. AUDCHF has been moving sideways and has formed a tight range at 0.6600-0.6700. The moving averages confirm the market indecision …
12
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/03/22/triumphfx-forex-analysis-cad-pairs-april-may-june-2022/ AUDCAD – Daily Chart – Down-trending Price has been bearish. AUDCAD has formed a series of lower swing highs and lower swing lows – price is down-trending. The AUDCAD is currently in a retrace and is testing the moving average resistance area. The moving averages are bearish and …
11
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/03/17/triumphfx-forex-analysis-aud-pairs-april-may-june-2022/ AUDCAD – Daily Chart – Down-trending Price has been bearish. AUDCAD has formed a series of lower swing highs and lower swing lows – price is down-trending. The AUDCAD is currently in a retrace and is testing the moving average resistance area. The moving averages are bearish and …
10
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/08/09/triumphfx-intraday-forex-analysis-1-hour-charts-august-09-2022/ AUDUSD – Indecision. Potential upside? As suggested in yesterday’s chart analysis, the AUDUSD has been moving sideways. Price is indecisive but has formed a higher swing high and is potentially forming an inverted head and shoulder pattern, suggesting a potential bullish move. AUDUSD is also up-trending on higher …
9
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/08/08/triumphfx-intraday-forex-analysis-1-hour-charts-august-08-2022/ AUDUSD – Indecision. Potential upside? Price has been bullish. AUDUSD continues to be indecisive and lack trend momentum. The moving averages confirm the market indecision – they have been crossing frequently. Price is up-trending on higher time-frames, suggesting that AUDUSD may become bullish. Opportunities to go long could …
8
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/08/05/triumphfx-intraday-forex-analysis-1-hour-charts-august-05-2022/ AUDUSD – Indecision The AUDUSD has been bearish. Price is indecisive after forming an uptrend. Recent price action has formed a short series of lower swing highs and lows, suggesting a potential downtrend. AUDUSD is up-trending on higher time-frames though, signalling a potential bullish move. The future price …
5
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/08/04/triumphfx-intraday-forex-analysis-1-hour-charts-august-04-2022/ AUDUSD – Indecision Price has been moving sideways. AUDUSD was up-trending but is now looking indecisive. The moving averages confirm the market indecision – they are tightening and are moving sideways. Price is still up-trending on higher time-frames, suggesting a potential bullish move. Trading opportunities could exist around …
4
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.sc/2022/08/03/triumphfx-intraday-forex-analysis-1-hour-charts-august-03-2022/ AUDUSD – Potential downtrend? As suggested in our last analysis, the AUDUSD is currently finding resistance around the longer-term moving average. Price is currently bullish and has been reversing some of the recent bearish move. Price action has formed a lower swing low, suggesting that AUDUSD could start …