TriumphFX Analysis

Key Release for the upcoming week (15th October – 18th October 2019) Economic releases should be on traders’ top priority when it comes to analysis and research. Always keep an eye on the releases to mitigate your trading risk and look for opportunity to gain. Time Currency Releases Previous Forecast …

  AUDUSD – 1 Hour Chart   As suggested in Friday’s chart analysis, AUDUSD was bullish and then reversed around the bullish channel resistance area. Price is up-trending and is moving withing a large bullish channel. The moving averages are bullish and widening, signalling that the uptrend may continue. Opportunities …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price found resistance around the range resistance area. The AUDUSD has since been bullish and has moved above the resistance area. Price is above the recent consolidation and the moving averages are bullish and widening, all signalling …

  AUDUSD – 1 Hour Chart   Price continues to be indecisive and lack trend direction. The moving averages confirm the current indecision – they have been crossing frequently and are moving sideways. The AUDUSD is ranging between 0.6670 and 0.6775. Trading opportunities may exist around the support and resistance …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, the AUDUSD has reversed off the longer-term moving average. Price continues to be indecisive and lack trend direction. The moving averages confirm the market indecision – they are tight and moving sideways. The AUDUSD is ranging between …

  AUDUSD – 1 Hour Chart   As suggested in Friday’s chart analysis, price has been bullish and has not been able to swing lower. AUDUSD is now looking indecisive. The moving averages have crossed bullish and are widening, signalling that price could attempt a bullish move. Trading opportunities may …

Key Releases for the upcoming week (6th October – 12th October 2019) The Forex calendar helps traders to keep track of current and upcoming financial events that can bring volatility to the Forex market. Traders are advised to keep an eye on the events to reduce risk and magnified your …

  AUDUSD – 1 Hour Chart   The AUDUSD has been down-trending and is currently in a retrace phase. Price has retraced above the moving averages and the moving averages are tightening, suggesting that AUDUSD may struggle to swing lower. If price attempts to swing lower, buying opportunities could exist …

  Bitcoin (BTCUSD)   As suggested in our last bitcoin analysis, price found support several times around the 38.2% Fib level and is now finding support around the longer-term moving average. The moving averages are bullish and steady, signalling that BTCUSD may attempt to move higher. Price action has formed …

  AUDUSD – Daily Chart   As suggested in our last daily chart Forex analysis, price reversed around the longer-term moving average and has swung lower. The AUDUSD is clearly down-trending within a bearish channel. The moving averages are bearish and steady, signalling that the downtrend may continue. Recent price …