August 2019 - Page 4 of 5 - TriumphFX Analysis

8
Aug

Daily Technical Forex Forecast 08.08.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro corrected downwards and is currently located inside the local consolidation between 2 strong volume levels. They are the level of support 1.1170 and the level of resistance 1.1240. Thus, we can open new positions only after the confident exit of the price from this local range. The …

8
Aug

The Roles Central Banks Play

Posted ByJane G Category Analysis Aside

Central bank sure has sounded familiar to traders who have wandered in the financial field for a while. If traders pay attention to the economic calendar and releases, they will notice that most of them are in charged and released by the central banks like the Federal Reserve (Fed) in …

8
Aug

TriumphFX Intraday Forex Analysis – 1 Hour Charts – August 8, 2019

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart Price continues to downtrend and be bearish. The recent retrace move has been strong though and has moved above the trend resistance area and both moving averages, suggesting that the downtrend could becoming to an end. The moving averages confirm this – they …

7
Aug

Daily Technical Forex Forecast 07.08.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The Euro resumed growing after the formation of the new level of support 1.1170. This level contains the large volume; we can see it here. Hence, we can use it as a good place for a stop loss. We can enter the market and open long positions after a …

7
Aug

TriumphFX Intraday Forex Analysis – 1 Hour Charts – August 7, 2019

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD has continued to be bearish and downtrend. Price is clearly down-trending. The moving averages are bearish and steady, signalling that the downtrend may continue. Opportunities to go short could exist around the dynamic resistance of …

6
Aug

Daily Technical Forex Forecast 06.08.2019

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD The price demonstrated a confident and sharp growth and broke out the previous level of resistance, which is a good bullish signal. On the other hand, the movement was on the small volume, therefore, we can’t allocate any new volume levels or zones. Nevertheless, we still should give advantage …

6
Aug

TriumphFX Intraday Forex Analysis – 1 Hour Charts – August 6, 2019

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, price has continued to be bearish and move lower. AUDUSD is down-trending. The moving averages are bearish and steady, signalling that the downside momentum could continue. Selling opportunities may exist around the dynamic resistance of the moving …

5
Aug

TriumphFX Intraday Forex Analysis – 1 Hour Charts – August 5, 2019

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in Friday’s chart analysis, the AUDUSD has continued to be bearish and move lower. Price is clearly down-trending. The moving averages are bearish and widening, signalling that the downside momentum may continue. Opportunities to go short could exist around the dynamic …

3
Aug

Weekly Technical Forex Forecast 05-09.08.2019

Posted ByAndrew Olshanetskyi Category Analysis Aside

EUR/USD The Euro continued correcting upwards, but the movement was on the average volume, so we can’t open long positions now. Moreover, the pair is trading below resistance level 1.1104 – 1.1114, in which the large volume is concentrated. Thus, we should give preference to sales. Short positions can be …

2
Aug

TriumphFX Intraday Forex Analysis – 1 Hour Charts – August 02, 2019

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD reversed around the shorter-term moving average and has swung lower. Price continues to downtrend and be bearish. The moving averages are bearish and steady, signalling that the downtrend may continue. Opportunities to go short could …