March 2019 – Page 4 – TriumphFX Analysis

12
Mar

Daily Technical Forex Forecast 12.03.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis 43Comments

EUR/USD The Euro continued correcting upwards and now is testing the level of resistance 1.1256 – 1.1267. The surge was on the small volume. Besides it, this mark contains the large volume, therefore, we can consider 2 possible trading scenarios. The first one is the breakout of this mark, which …

12
Mar

Part II: How to avoid scams impersonating as Forex investment?

Posted ByJane G Category Analysis Aside 87Comments

Forex investment is not a scam, but be aware of phony schemes which impersonate as legitimate Forex investment. The fight with phony scheme is not over yet. Even though the number of investment scam has significantly lowered, fraudsters often come out with new types of investments that specially designed to …

11
Mar

TriumphFX Intraday Forex Analysis – 1 Hour Charts – March 11, 2019

Posted BySamuel Morton Category Daily FX Analysis 5Comments

AUDUSD – 1 Hour Chart Price has been bullish. The AUDUSD has moved above the bearish channel resistance area and is currently forming an inverted head and shoulder reversal pattern, all suggesting that the recent downtrend could now be over. The moving averages confirm this – they are tightening …

9
Mar

Weekly Technical Forex Forecast 11-15.03.2019

Posted ByAndrew Olshanetskyi Category Analysis Aside 46Comments

EUR/USD The Euro, as predicted, corrected upwards on Friday. The growth of the pair was on the increased volume, but is still trading below the volume resistance level 1.1256 – 1.1267. Thus, we still should give preference to short positions. Sales can be opened after a stoppage of the price …

8
Mar

Daily Technical Forex Forecast 08.03.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis 63Comments

EUR/USD The Euro showed a significant and sharp drop of the price on the large volume and broke down the previous support level, which is a strong bearish signal. It is also necessary to point out the new resistance level 1.1256 – 1.1267, in which the large volume is concentrated. …

8
Mar

TriumphFX Intraday Forex Analysis – 1 Hour Charts – March 08, 2019

Posted BySamuel Morton Category Daily FX Analysis 136Comments

AUDUSD – 1 Hour Chart As suggested in suggested in yesterday’s chart analysis, the AUDUSD has been bearish and has swung lower. Price is down-trending within a bearish channel. The moving averages are bearish and widening, signalling that the downtrend may continue. Opportunities to go short could exist around …

7
Mar

TriumphFX Intraday Forex Analysis – 1 Hour Charts – March 07, 2019

Posted BySamuel Morton Category Daily FX Analysis 26Comments

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, price has continued to be bearish. The AUDUSD is down-trending and is currently in a retrace phase. The moving averages are bearish and widening, signalling that the downtrend may continue. Selling opportunities may exist around the dynamic resistance …

7
Mar

Daily Technical Forex Forecast 07.03.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis 98Comments

EUR/USD The Euro is still located within the local consolidation between the support 1.1244 and the resistance 1.1416. The large volume is concentrated inside this range; thus we can consider new positions only after the sharp exit of the price from it. Besides it, the breakout movement must be keen …

6
Mar

Daily Technical Forex Forecast 06.03.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis 436Comments

EUR/USD The Euro continued falling, but is still locked within the local consolidation between the level of support 1.1244 and the level of resistance 1.1416. Besides it, we should also point out that the large volume is concentrated within this consolidation. Thus, the best solution with this instrument is just …