April 2019 - Page 4 of 5 - TriumphFX Analysis

9
Apr

Daily Technical Forex Forecast 09.04.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro demonstrated an abrupt growth supported by the large volume and broke out the previous level of resistance, but after the creation of the new one, 1.1272, corrected down. However, given that the price is testing this mark at the moment, we can and should regard a scenario …

9
Apr

Do you know we are on Facebook & Instagram?

Posted ByJane G Category Analysis Aside

Have you liked our Facebook page and Instagram page? TriumphFX’s Facebook page and Instagram account offer exclusive insights for tradings, news such as NFP, rate announcement and technical analysis. Make sure you like our social media accounts so you don’t miss any important announcement and exclusive promotion. You can …

8
Apr

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

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in Friday’s chart analysis, price reversed around the horizontal resistance at 0.7130. The AUDUSD 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 …

8
Apr

FX Interest Rates Update – April 2019

Posted BySamuel Morton Category Daily FX Analysis

What are interest rates? To understand the basics of interest rates, we need to understand the role and purpose of central banks. Central banks are primarily responsible for: Ensuring the stability of a countries currency Providing emergency cash to commercial banks i.e preventing the banking system from failing Regulating …

7
Apr

Weekly Technical Forex Forecast 08-12.04.2019

Posted ByAndrew Olshanetskyi Category Analysis Aside

EUR/USD The Euro is still located inside the local consolidation, where the large volume is concentrated. It means that institutional players are gaining new their positions before the beginning of the new local trend. The boundaries of the range are the support 1.1187 and the resistance 1.1252. Hence, the best …

5
Apr

Daily Technical Forex Forecast 05.04.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro is located inside the local range between 2 strong volume levels. They are the support 1.1187 and the resistance 1.1248. Besides it, we need to point out that the large volume is concentrated within this consolidation. Thus, the best solution with this instrument is just to wait …

5
Apr

TriumphFX Intraday Forex Analysis – 1 Hour Charts – April 05, 2019

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD reversed around the longer-term moving average. Price continues to be indecisive and lack trend direction. Recent price action has been bullish and the moving averages are bullish and widening, signalling that the AUDUSD may higher. Opportunities …

4
Apr

Daily Technical Forex Forecast 04.04.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro corrected upward, but the move was smooth and on the small volume, therefore we can’t consider it as a reversal signal. Moreover, given the strong local downtrend, we still should prefer a scenario of opening short positions with this currency pair. We can enter the market after …

4
Apr

TriumphFX Intraday Forex Analysis – 1 Hour Charts – April 04, 2019

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, price has been rejected around the horizontal resistance at 0.7130. The AUDUSD continues to lack trend direction and be indecisive. The moving averages have been crossing frequently and are moving sideways – confirming the market indecision. Trading opportunities …

3
Apr

Daily Technical Forex Forecast 03.04.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro corrected upwards yesterday, but the growth was smooth and on the small volume, therefore, we can’t consider it as a reversal signal. Moreover, given the presence of the strong local downtrend, we should prefer a scenario for opening short positions. However, we can enter the market only …