TriumphFX Analysis

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, the AUDUSD has been reversing off the horizontal resistance at 0.7145 and the shorter-term moving average. Price has been bullish. The moving averages are bullish and steady, suggesting that the bullish momentum could continue. Buying opportunities may exist …

EUR/USD The Euro tested the previous resistance level, but could not break it out and then demonstrated an abrupt adjustment. We also should correct the resistance level, now it is the mark 1.1615. The pair is currently located inside the local consolidation between this level and the support level 1.1505 …

  AUDUSD – 1 Hour Chart   Price has swung above the range resistance area but has since moved back within the range. The AUDUSD continues to look indecisive. The moving averages confirm this – they are tight and are moving sideways. Trading opportunities could exist around the moving averages and …

EUR/USD Yesterday, the Euro showed a significant growth and tested the resistance level 1.1597. The price could not break out this mark, but the pair remained trading near it, so we can consider a scenario of the breakout of the resistance. This will be a great bullish signal and allow …

  AUDUSD – 1 Hour Chart   As suggested in Friday’s chart analysis, the AUDUSD reversed around the range resistance area. Price continues to be indecisive and lack trend momentum. The AUDUSD is ranging between the horizontal support at 0.7040 and the horizontal resistance at 0.7135. Trading opportunities may exist around …

EUR/USD The Euro tested the resistance level of 1.1597, but failed to break it out, after which it sharply corrected downwards. At the moment, the price is trading within the local range between this mark and the support level 1.1505 – 1.1516. Thus, we can open new deals only after …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price has been finding resistance around the range resistance area. The AUDUSD continues to be indecisive and range between the horizontal support at 0.7040 and the horizontal resistance at 0.7125. The moving averages are tight and are moving …

EUR/USD The Euro continued its growth on the large volume yesterday, but further movement was stopped by the formation of the new resistance level 1.1597. Nevertheless, the pair is testing this level at the moment, so we can consider a scenario of its breakout. This will allow us to open …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, the AUDUSD was bearish and then reversed around the recent swing low at 0.7045. Price is now looking indecisive. The moving averages confirm the current indecision – they are tight and are moving sideways. The AUDUSD is ranging between the horizontal …

EUR/USD The Euro demonstrated a keen growth on the increased volume and broke out the previous resistance level. We also should point out the new support level 1.1505 – 1.1516. Considering all these factors, we should give advantage to long positions. We can enter the market after a small and smooth …