TriumphFX Analysis

EUR/USD The Euro demonstrated an abrupt growth supported by the large volume and now is trading near the new level of resistance 1.1357. The move was supported by the increased volume. Hence, we can consider long positions only after the sure and keen breakout of this mark. The surge must …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price reversed around the bullish channel support area. As also suggested, the AUDUSD has since been finding resistance around the channel resistance area. Price is up-trending within a bullish channel. The moving averages are bullish and steady, signalling …

EUR/USD Nothing has changed with the Euro as the price is still located near the level of support/lower boundary of the local range 1.1244. Given the presence of the strong local downtrend, we can consider a scenario of the breakdown of this mark, which will be allow us to open …

  AUDUSD – 1 Hour Chart   The AUDUSD is up-trending and is currently in a retrace phase. Price is moving within a bullish channel and the moving averages are bullish and widening, all signalling that the uptrend could continue. Opportunities to go long may exist around the channel support area …

  Bitcoin (BTCUSD)   Bitcoin has been down-trending and is currently moving within a tight range at 3287-4295. Trading opportunities could exist around the support and resistance areas of the range and if price closes out of the range (break-out trade). The moving averages are bearish and widening, signalling that …

  AUDUSD – 1 Hour Chart   Price has been bullish. The AUDUSD has formed a bullish channel and the moving averages are bullish and steady, all suggesting that price may start up-trending. Buying opportunities could exist around the horizontal levels at 0.7145, 0.7130 and 0.7060, around the dynamic support of …

EUR/USD The Euro corrected upwards after the formation of the new level of support 1.1243. This mark contains the pretty large volume. Nevertheless, given the presence of a strong local downtrend, we can consider a scenario of the breakdown of this level, which will allow us to open short positions. …

  AUDUSD – 1 Hour Chart   The AUDUSD has become indecisive and is moving sideways. The moving averages confirm the market indecision – they are tight and are moving sideways. Price is ranging between the horizontal support at 0.7055 and the horizontal resistance at 0.7135. Trading opportunities may exist around …

EUR/USD The Euro tested the level of support 1.1267, but failed to break it down. On the other hand, it is still located near this level. Given the presence of the strong local downtrend, we should regard a scenario of its breakdown, which will allow us to open short positions. …

EUR/USD The Euro resumed falling. Moreover, the drop was abrupt and now the pair is testing the level of support/lower boundary of the local range 1.1267. Hence, our previous scenario remains relevant: we can consider a scenario of its breakout, which will allow us to open short positions. The fall …