February 2017 - TriumphFX Analysis

28
Feb

Intraday Forex Analysis – 1 Hour Charts – February 28, 2017

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, price found support around the bullish channel support area but the AUDUSD is now ranging within a horizontal channel at 0.7665-0.7695. The moving averages confirm the current market indecision – they are crossing frequently and providing no clear direction. …

27
Feb

Intraday Forex Analysis – 1 Hour Charts – February 27, 2017

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart The AUDUSD has found support around the bullish channel support area again (as identified in Friday’s chart analysis). Price continues to be choppy and slightly indecisive. The moving averages confirm this – they have been crossing frequently and are moving sideways. Trading opportunities could exist …

24
Feb

Intraday Forex Analysis – 1 Hour Charts – February 24, 2017

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD rallied after moving above the symmetrical triangle resistance area and reversed around the bullish channel resistance area. Price has been finding support around the previous patterns resistance. The moving averages are bullish and are widening, suggesting that …

23
Feb

Inter-day Forex Analysis – Daily Charts – February 23, 2017

Posted BySamuel Morton Category Daily FX Analysis

EURGBP – Daily Chart As suggested in our last inter-day analysis, the EURGBP has moved lower and is nearing a horizontal support at 0.8350. Shorting opportunities could exist if price moves below the horizontal level or if price re-tests the consolidation (diagonal) resistance area. The moving averages are moving sideways, suggesting that …

23
Feb

Intraday Forex Analysis – 1 Hour Charts – February 23, 2017

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart Price continues to be choppy and indecisive but move within a bullish channel. The moving averages confirm the current market indecision – they are crossing frequently and moving sideways. Trading opportunities could exist around the channel support and resistance areas and around the moving averages. Price …

22
Feb

Intraday Forex Analysis – 1 Hour Charts – February 22, 2017

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart The AUDUSD continues to be choppy and indecisive but move within a bullish channel. The moving averages confirm the current market indecision – they are crossing frequently and moving sideways. Trading opportunities could exist around the channel support and resistance areas and around the moving …

21
Feb

Intraday Forex Analysis – 1 Hour Charts – February 21, 2017

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart Price continues to move within the bullish channel and look slightly choppy. The moving averages confirm the slight indecision – they are crossing frequently and are providing no clear market direction. Buying opportunities could exist around the bullish channel support area. The AUDUSD could stall or …

20
Feb

Intraday Forex Analysis – 1 Hour Charts – February 20, 2017

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart The AUDUSD is moving within a bullish channel but is looking a little indecisive. The moving averages confirm this – they have been crossing frequently and are tight. Buying opportunities could exist around the bullish channel support area and if price moves above the bullish …

17
Feb

Intraday Forex Analysis – 1 Hour Charts – February 17, 2017

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, price has found support around the previous horizontal resistance and the shorter-term moving average and has been slightly bullish. The moving averages are bullish and are widening, suggesting that the AUDUSD could move higher. Buying opportunities could exist around …

16
Feb

Intraday Forex Analysis – 1 Hour Charts – February 16, 2017

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD moved above the horizontal channel resistance and has been bullish. The moving averages are bullish and are steady, suggesting that the uptrend may continue. Buying opportunities could exist around the previous horizontal resistance at 0.7695 and around …