TriumphFX Analysis

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, the AUDUSD has been bearish and has swung lower. Price is still a little indecisive and could start ranging between the horizontal support and recent lows at 0.6850 and the horizontal level at 0.6925. AUDUSD is still …

  AUDUSD – 1 Hour Chart   As suggested in Friday’s chart analysis, price is indecisive. AUDUSD is lacking trend direction and is currently moving sideways. The moving averages confirm the current indecision – they have been crossing frequently and are moving sideways. Recent price action has been bearish and …

Stepping into the fourth week of 2020, the Canadian dollar might face higher volatility due to various announcements in this coming week while the US dollar welcomes a quiet week from financial release. Time Currency Releases Previous Forecast 20th January 2020 1830UTC EUR ECB President Lagarde Speech 21st January 2020 …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price has reversed around the horizontal level at 0.6880 and is now finding resistance around 0.6915. The AUDUSD continues to be indecisive and lack trend momentum. The moving averages confirm the market indecision – they are tight …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, AUDUSD found support around the longer-term moving average and horizontal level at 0.6880. Price continues to be indecisive and lack trend direction. The moving averages confirm the market indecision – they are tightening and moving sideways. Trading …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price has been finding support and is struggling to swing lower. The AUDUSD is now looking indecisive and is lacking trend direction. The moving averages are bullish and widening though, signalling potential upside. Trading opportunities may exist …

News, often plays a major role in influencing a lot of things. World peace, the economy, the emotion and stability of a country rely on news heavily. Therefore it is not an exaggeration to say that world peace can be at risk with just a brief statement release or even …

  AUDUSD – 1 Hour Chart   As suggested in Friday’s chart analysis, AUDUSD broke to the upside of the range and has since been bullish. As also suggested, AUDUSD is currently finding resistance around the 38.2% Fib level. Price is in a retrace phase after a recent bearish move. …

Key Releases to watch out in this coming week! Time Currency Releases Previous Forecast 13th January 2020 0930UTC GBP Balance of Trade NOV £-5.19B 14th January 2020 1330UTC USD Inflation Rate YoY DEC 2.1% 2% 15th January 2020 0930UTC GBP  Inflation Rate YoY DEC 1.5% 1000UTC EUR Balance of Trade …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price has been reversing around the support and resistance areas of the range. The AUDUSD is currently moving sideways and is indecisive after a strong bearish move. Price is ranging between 0.6850 and 0.6880. The moving averages …