February 2019 - TriumphFX Analysis

28
Feb

TriumphFX Intraday Forex Analysis – 1 Hour Charts – February 28, 2019

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart The AUDUSD has been bearish. Price is now looking indecisive again. The moving averages are tightening and are moving sideways – confirming the market indecision. Trading opportunities could exist around the identified horizontal levels at 0.7080, 0.7105, 0.7140, 0.7160, 0.7180 and 0.7195. The Reserve Bank …

27
Feb

Daily Technical Forex Forecast 27.02.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro demonstrated an abrupt growth and broke out the previous level of resistance. Furthermore, the movement was supported by the large volume and the new level of support was created, it’s 1.1345. Therefore, we should consider exceptionally long positions. We can enter the market after a stoppage of …

27
Feb

TriumphFX Intraday Forex Analysis – 1 Hour Charts – February 27, 2019

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, price has reversed around the horizontal resistance at 0.7195. The AUDUSD has recently been bullish and the moving averages are bullish and widening, all signalling that price could attempt a move above the current consolidation area. Buying opportunities …

26
Feb

Daily Technical Forex Forecast 26.02.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro continued growing and is currently testing the resistance level 1.1357. Thus, our previous scenario remains relevant: we can and should regard a scenario of its breakout, which will be a great bullish signal. The surge of the price must be keen and supported by the large volume, …

26
Feb

TriumphFX Intraday Forex Analysis – 1 Hour Charts – February 26, 2019

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart The AUDUSD continues to be indecisive and lack trend direction. The moving averages confirm the market indecision – they have been crossing frequently and are moving sideways. Trading opportunities could exist around the moving averages and around the horizontal levels at 0.7055, 0.7075, 0.7105, …

26
Feb

Is Forex Trading a Scam?

Posted ByJane G Category Analysis Aside

Forex Trading, A Scam or Legit? “Don’t try Forex, it’s a scam”, “It’s just another money game on the market” It’s not uncommon that a scam happens every now and then, like a virus spreading in the society. An investment scam is a fraudulent scheme, often disguised as a legitimate …

25
Feb

Forex Trades with Positive Swap Rates – Position Trading

Posted BySamuel Morton Category Daily FX Analysis

What are swap rates? Swap rates are the fixed rate that a trader/investor (buyer) receives for holding certain market assets. In the Forex market, swap rates are determined by central bank rates minus broker fees. How can you make money from swap rates? If a trader buys/invests in a currency …

25
Feb

TriumphFX Intraday Forex Analysis – 1 Hour Charts – February 25, 2019

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart Price continues to be indecisive and lack trend direction. The moving averages confirm the current indecision – they have been crossing frequently and are moving sideways. Trading opportunities may exist around the identified horizontal levels at 0.7060, 0.7080, 0.7105, 0.7130, 0.7160 and 0.7195. The …

24
Feb

Weekly Technical Forex Forecast 25.02-01.03.2019

Posted ByAndrew Olshanetskyi Category Analysis Aside

EUR/USD The Euro continues trading near the resistance/upper limit of the local range 1.1357. Thus, our previous scenario remains relevant: we can consider the breakdown of this mark, which will allow us to open long positions with the Euro. The breakout movement should be confident and sharp, as well as …

22
Feb

Daily Technical Forex Forecast 22.02.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD After the test of the level of resistance 1.1357, the Euro corrected downwards, but is still located near this level, therefore, we still can consider a scenario of its breakout, which will be a great signal for opening long positions. The surge must be keen and supported by the …