December 2016 - TriumphFX Analysis

30
Dec

Intraday Forex Analysis – 1 Hour Charts – December 30, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart The AUDUSD has moved above the horizontal channel and has been slightly bullish (as suggested in yesterday’s chart analysis). Price is now around the previous range resistance at 0.7215 and the moving averages are slightly bullish, suggesting that price could attempt a move higher. Buying …

29
Dec

Intraday Forex Analysis – 1 Hour Charts – December 29, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD reversed bearish around the longer-term moving average and horizontal resistance level and attempted a swing lower. As also suggested, price reversed bullish around the horizontal support and previous swing low at 0.7165. The moving averages are tightening …

28
Dec

Intraday Forex Analysis – 1 Hour Charts – December 28, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart Price found resistance around the shorter-term moving average (as suggested in yesterday’s chart analysis) but has since moved higher. The AUDUSD is now coming off the longer-term moving average and the trend resistance area. The moving averages are still bearish, suggesting that price may attempt a …

27
Dec

Intraday Forex Analysis – 1 Hour Charts – December 27, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in our last chart analysis, the AUDUSD has moved lower and continues to be bearish. The moving averages are bearish and are widening, suggesting that price could continue to downtrend. Selling opportunities could exist around the dynamic resistance of the moving averages, around …

23
Dec

Intraday Forex Analysis – 1 Hour Charts – December 23, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart Price action has formed a tight horizontal channel at 0.7200-0.7230 and the AUDUSD is ranging. Price has also formed a longer-term bearish channel. The moving averages are bearish and are steady, suggesting that the AUDUSD could move lower. Trading opportunities could exist around the range …

22
Dec

Intraday Forex Analysis – 1 Hour Charts – December 22, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD has started ranging and has formed at horizontal channel at 0.7225-0.7280. The moving averages confirm the lack of market direction, they are tightening and beginning to move sideways. Trading opportunities could exist around the range support and …

21
Dec

Intraday Forex Analysis – 1 Hour Charts – December 21, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, price has started retracing and has been bullish. The bearish moving averages are starting to tighten and move sideways, suggesting that the retracement could continue or that the AUDUSD could range. Selling opportunities could exist around the longer-term moving …

20
Dec

Intraday Forex Analysis – 1 Hour Charts – December 20, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart The AUDUSD continues to be bearish and has moved lower (as suggested in yesterday’s chart analysis). The moving averages are still bearish and are steady, suggesting that the downside move could continue. Price is looking a little over-extended though, signalling that the AUDUSD could start …

19
Dec

Intraday Forex Analysis – 1 Hour Charts – December 19, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in Friday’s chart analysis, price has been bearish and has moved lower. The moving averages are bearish and are widening, suggesting that price could continue to downtrend. Selling opportunities could exist around the previous horizontal support at 0.7340, around any of the key …

16
Dec

Intraday Forex Analysis – 1 Hour Charts – December 16, 2016

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD moved below the horizontal support at 0.7375 and has since been bearish. The moving averages are bearish and are widening, suggesting that price could continue to move lower. Selling opportunities could exist around the identified horizontal resistance …