TriumphFX Analysis

EUR/USD The Euro could not continue its decline and sharply corrected up yesterday. At the moment, the pair is trading in the middle of the local range between 2 strong volume levels. They are the support 1.1267 and the resistance 1.1463. It is also necessary to note the large volume …

EUR/USD The Euro showed an abrupt fall and is currently  located near the level of support/lower limit of the local range 1.1267. The drop was supported by the large volume, which is a great bearish signal. So given all these factors, we should prefer short positions. Sales can be opened …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price has been finding support around the recent swing low at 0.7180. The AUDUSD is slightly below the recent consolidation and the moving averages are bearish and steady, signalling that price could move lower. Selling opportunities may exist …

  AUDUSD – 1 Hour Chart   Price has been bearish and has formed a swing low below the consolidation support area. The moving averages are bearish and steady, suggesting that the AUDUSD could swing lower. Opportunities to go short may exist around the dynamic resistance of the moving averages and …

EUR/USD The Euro showed an abrupt drop yesterday, but is still trading inside the local range between the support level 1.1267 and the resistance level 1.1463. Besides it, we must allocate the large volume accumulation within this consolidation. Hence, we can regard new trading scenarios only after the confident and …

EUR/USD The Euro showed no significant movements on Friday and continued trading within the local range. The boundaries of the consolidation: the support 1.1267 and the resistance 1.1463. It is also necessary to note the presence of the large volume within this range. Thus, we can open new positions with …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, the AUDUSD has bounced off the horizontal support at 0.7200. Price continues to be indecisive and lack trend direction. The moving averages have been crossing frequently – confirming the current indecision. Trading opportunities could exist around the horizontal …

EUR/USD The Euro demonstrated a sharp rise on the large volume, but is still trading inside the local range between the support level 1.1267 and the resistance 1.1463. Besides it, we need to point out the large volume accumulation within this consolidation. Considering all these factors, we can open new …

EUR/USD The Euro is still trading within the local range between 2 strong volume levels. They are the level of support 1.1267 and the level of resistance 1.1463. Beside it, we should allocate that the large volume is concentrated inside this local consolidation. Considering all these factors, we can regard …

  AUDUSD – 1 Hour Chart   Price continues to be indecisive and lack trend direction. The moving averages confirm the market indecision – they are tight and are moving sideways. Trading opportunities may exist around the identified horizontal levels at 0.7200, 0.7275, 0.7295 and 0.7340. The Reserve Bank of Australia (RBA) …