December 2018 - TriumphFX Analysis

28
Dec

Daily Technical Forex Forecast 28.12.2018

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro showed a significant and sharp growth. Moreover, the upward movement was supported by the increased volume, which is an excellent bullish signal. At the moment, the pair is testing the resistance level/upper limit of the local range, so we can consider a scenario of its breakout. This …

27
Dec

TriumphFX Intraday Forex Analysis – 1 Hour Charts – December 27, 2018

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, price has reversed around the longer-term moving average. The AUDUSD is down-trending and is currently in a retrace phase. The moving averages are bearish and steady, signalling that the downtrend could continue. Opportunities to go short may exist …

27
Dec

Daily Technical Forex Forecast 27.12.2018

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro demonstrated opposite moves yesterday, but both fall and rise were on the small volume, so that we can’t allocated any new volume level or zone. Furthermore, the pair is still trading inside the local consolidation between the support 1.1267 and the resistance 1.1463. Therefore, the best decision …

26
Dec

TriumphFX Intraday Forex Analysis – 1 Hour Charts – December 26, 2018

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart The AUDUSD has been finding support around the recent lows at 0.7030. Price is down-trending. The moving averages are bearish and steady, suggesting that the downtrend may continue. Selling opportunities could exist around the dynamic resistance of the moving averages, around the horizontal levels …

26
Dec

Daily Technical Forex Forecast 26.12.2018

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro demonstrated a sharp rise yesterday, but the move was on the small volume, so we can’t consider long positions now. Moreover, the price is located within the local consolidation between the support 1.1267 and the resistance 1.1463. Thus, we can open new positions with this instrument only …

25
Dec

Daily Technical Forex Forecast 25.12.2018

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro indicated a keen growth yesterday, but the upward movement was on the small volume, so we can’t point out any new volume levels or zones. Besides it, the price is trading inside the local range between the support 1.1267 and the resistance 1.1463. Therefore, we can consider …

24
Dec

TriumphFX Intraday Forex Analysis – 1 Hour Charts – December 24, 2018

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in Friday’s chart analysis, price has swung lower and continues to downtrend. The moving averages are bearish and widening, signalling that the downside momentum could continue. Opportunities to go short may exist around the horizontal levels at 0.7085, 0.7145 and 0.7150, around …

23
Dec

Weekly Technical Forex Forecast 24-28.12.2018

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro showed a rapid and sharp drop on Friday, but the movement was on the small volume, so we cannot open sales at the moment. In addition, the price continues trading within the local range between the support 1.1267 and the resistance 1.1463. Considering these factors, we can …

21
Dec

TriumphFX Intraday Forex Analysis – 1 Hour Charts – December 21, 2018

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart The AUDUSD is down-trending. Price is currently in a retrace phase. The moving averages are bearish and widening, signalling that the downtrend may continue. Selling opportunities could exist around the moving averages, around the previous swing low at 0.7150, around the trend resistance area …

21
Dec

Daily Technical Forex Forecast 21.12.2018

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD Yesterday, the Euro showed a significant and rapid growth. At the moment, the price is testing the resistance level/upper limit of the local range 1.1463. Given that the upward movement was on the large volume, we can consider a scenario of the breakdown of this mark, which will allow …