TriumphFX Analysis

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price continues to be indecisive and range between 0.6740 and 0.6815. The moving averages confirm the market indecision – they have been crossing frequently and are moving sideways. Trading opportunities may exist around the support and resistance …

EUR/USD The Euro demonstrated a sharp drop supported by the large volume. Besides it, we need to point out the new volume level of resistance 1.1154. Considering all these factors, we should prefer a scenario of opening short positions. We can enter the market after a smooth upward correction, in …

EUR/USD The Euro demonstrated a sharp fall and broke down the previous level of support, which is a good bearish signal. Unfortunately, the movement was on the average volume, that’s why we should give advantage to short positions, but we can enter the market only after the appearance of an …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, the AUDUSD has reversed off the range support area. Price continues to be indecisive and lack trend direction. The moving averages confirm the market indecision – they are crossing frequently and are moving sideways. The AUDUSD is …

EUR/USD The Euro demonstrated a confident fall supported by the increased and now is testing the level of support/lower boundary of the local consolidation 1.1170. Thus, we may reckon a scenario of its breakdown, which will be a great bearish signal. The sink must be keen and supported by the …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price has been reversing off the range support and resistance areas. AUDUSD continues to be indecisive and lack trend direction. The moving averages confirm the current indecision – they are crossing frequently and are moving sideways. Price …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, the AUDUSD has become indecisive and is moving sideways. The moving averages confirm the current indecision – they are tight and are moving sideways. Price is ranging between 0.6745 and 0.6815. Trading opportunities could exist around the …

EUR/USD Nothing has changed with the Euro as the price is still located inside the local range, where the large volume is concentrated. The boundaries of the consolidation are the support 1.1170 and the resistance 1.1240. Thus, we can open new positions only after the confident exit of the price …

EUR/USD The Euro continues trading within the local range between 2 strong levels: the support 1.1170 and the resistance 1.1240. It is also necessary to highlight that the large volume is concentrated inside this consolidation. Given all these factors, we can open new positions only after a confident and rapid …

EUR/USD The Euro is still locked inside the local range between the support 1.1170 and the resistance 1.1240. Thus, our previous scenario remains relevant: we can open new positions only after the sharp exit of the price from it. Furthermore, the breakout movement must be confident, keen and supported by …