TriumphFX Analysis

EUR/USD The Euro resumed falling after a smooth upward correction of the price on the small volume. Now the price is located below the level of resistance 1.1266 – 1.1276, where the large volume is concentrated. Hence, our previous scenario remains actual: we should prefer opening short positions. We can …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price reversed around the trend resistance area and has since moved lower. The AUDUSD is down-trending. The moving averages are bearish and steady, signalling that the downtrend could continue. Selling opportunities may exist around the trend resistance area, …

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  AUDUSD – 1 Hour Chart   The AUDUSD has been bearish. Price has moved below the moving averages and the trend support area, suggesting that the recent uptrend is now over. Price action has formed a series of lower swing lows and highs and the moving averages are bearish and …

EUR/USD The Euro slightly adjusted upwards, but the price is still quite far away from the resistance level 1.1266 – 1.1276. Thus, we can open sales only after continuing a small correction of the pair in order to get a more profitable entry point into the market. An upward movement …

EUR/USD The Euro demonstrated an abrupt drop supported by the huge volume and broke down the previous level of support, which is a great bearish signal. Also, we need to point out the new level of resistance, it’s 1.1266 – 1.1276. This level contains the large volume, which mean that …

EUR/USD The Euro tested the level of resistance, but failed to break it out and then corrected downwards. The move was sharp and supported by the large volume. However, the price is located inside the local consolidation between the resistance 1.1320 and the support 1.1235 – 1.1250. Thus, the best …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price has been finding support around the moving averages. The AUDUSD is up-trending and is currently in a retrace phase. The moving averages are bullish and steady, signalling that the uptrend could continue. Buying opportunities may exist around …

EUR/USD The Euro resumed growing and now is trading near the level of resistance/local maximum 1.1320. The move was sharp and confident. Thus, our previous scenario remains actual: we can consider a breakout of this mark, which will be a great bullish signal. The surge must be keen and supported …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, the AUDUSD has been bullish and has swung higher. Price is up-trending. The moving averages are bullish and steady, signalling that the upside momentum may continue. Opportunities to go long could exist around the dynamic support of the …