June 2020 - Page 3 of 3 - TriumphFX Analysis

11
Jun

TriumphFX Forex Analysis – EUR Pairs – June & July 2020

Posted BySamuel Morton Category Daily FX Analysis

EURCAD – Daily and 4 Hour Charts As suggested in our last EUR chart analysis, the EURCAD has been finding support around the 50.0% Fib level. On the daily time-frame, price action has formed a clear swing higher (March 2020) and has since been in a retrace phase. The daily moving …

10
Jun

TriumphFX Forex Analysis – CHF Pairs – June & July 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDCHF – Daily & 4 Hour Charts As suggested in our last CHF chart analysis, price found resistance around 0.6430. AUDCHF has since been bullish though and has broken the resistance area. The AUDCHF has swung above a number of key resistance levels and the moving averages, suggesting that downside momentum …

9
Jun

TriumphFX Forex Analysis – CAD Pairs – June & July 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDCAD – Daily and 4 Hour Charts As suggested in our last CAD chart analysis, AUDCAD found resistance around 0.9145. Price has since been bullish though and has swung above the resistance area. AUDCAD is above a key resistance area and is forming a higher swing high, suggesting that the recent …

8
Jun

TriumphFX Forex Analysis – AUD Pairs – June & July 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDCAD – Daily and 4 Hour Charts As suggested in our last AUD chart analysis, the AUDCAD found resistance around 0.9145. Price has since been bullish though and has swung above the resistance area. AUDCAD is above a key resistance area and is forming a higher swing high, suggesting that …

7
Jun

Key Releases for 7th June – 13th June 2020

Posted ByJane G

7th June 2020 TIME RELEASE PREVIOUS FORECAST 2350UTC GDP Growth Rate QoQ Final Q1 -1.9% 9th June 2020 TIME RELEASE PREVIOUS FORECAST 0130UTC NAB Business Confidence MAY -46 TIME RELEASE PREVIOUS FORECAST 0900UTC GDP Growth Rate QoQ 3rd Est Q1 0.1% -3.8% TIME RELEASE PREVIOUS FORECAST 2350UTC PPI MoM MAY -1.5% 10th June 2020 …

4
Jun

TriumphFX Intraday Forex Analysis – 1 Hour Charts – June 04, 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD As suggested in yesterday’s chart analysis, the AUDUSD found resistance around 0.6950. Price has been clearly up-trending and is currently in a retrace phase (as also suggested in yesterday’s chart analysis). The moving averages are bullish and steady, suggesting that the uptrend could continue. The AUDUSD is down-trending on …

3
Jun

TriumphFX Intraday Forex Analysis – 1 Hour Charts – June 03, 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD As suggested in yesterday’s chart analysis, price has continued to be bullish and move higher. AUDUSD is clearly up-trending and has been bullish. The moving averages are bullish and steady, signalling that the uptrend may continue. Price is looking over-extended on higher time-frames, suggesting that a retrace move may …

3
Jun

Slippage in Forex Trading

Posted ByJane G Category Analysis Aside

Given the shaky and uncertain situation in the financial market now, traders are reminded about the possibility of slippage occurrence when they are executing their trades. What is slippage? First of all, what is slippage? Slippage is a situation where the price ordered is different compared to the execution price …

2
Jun

TriumphFX Intraday Forex Analysis – 1 Hour Charts – June 02, 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD As suggested in yesterday’s chart analysis, the AUDUSD has continued to be bullish and move higher. Price has swung above the recent bullish channel resistance area, indicating the strength of the current upside momentum. The moving averages are bullish and widening, suggesting that the trend could continue. Opportunities to …

1
Jun

TriumphFX Intraday Forex Analysis – 1 Hour Charts – June 01, 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD As suggested in Friday’s chart analysis, price has been bullish and has swung higher. AUDUSD is clearly up-trending – price action has formed a series of higher swing highs and higher swing lows. AUDUSD is up-trending within a clear bullish channel. The moving averages are bullish and steady, suggesting …