December 2020 - Page 2 of 3 - TriumphFX Analysis

16
Dec

TriumphFX Intraday Forex Analysis – 1 Hour Charts – December 16, 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD As suggested in yesterday’s chart analysis, price has found resistance around 0.7575. AUDUSD has been up-trending but is currently struggling to swing higher. Price may start ranging between 0.7510 and 0.7575. The moving averages are still bullish and steady, suggesting more potential upside. Trading opportunities could exist around the …

15
Dec

TriumphFX Intraday Forex Analysis – 1 Hour Charts – December 15, 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD As suggested in yesterday’s chart analysis, the AUDUSD has found support around the previous bullish channel resistance area and around the longer-term moving average. Price is up-trending and is currently in a retrace phase. The moving averages are bullish but are starting to tighten, suggesting that the AUDUSD could …

14
Dec

TriumphFX Intraday Forex Analysis – 1 Hour Charts – December 14, 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD As suggested in Friday’s chart analysis, price reversed around the shorter-term moving average and has since swung higher. AUDUSD continues to uptrend and be bullish. Price recently swung above a bullish channel resistance area and the moving averages are bullish and widening, all signalling that the uptrend may continue. …

13
Dec

Key Release for 13th – 19th December 2020

Posted ByJane G Category Daily FX Analysis

15th December 2020 TIME RELEASE PREVIOUS FORECAST 0030UTC RBA Meeting Minutes TIME RELEASE PREVIOUS FORECAST 0700UTC Unemployment Rate OCT 4.8% 4.9% TIME RELEASE PREVIOUS FORECAST 2350UTC Balance of Trade NOV ¥872.9B ¥-810B 16th December 2020 TIME RELEASE PREVIOUS FORECAST 0700UTC Inflation Rate YoY NOV 0.7% 0.8% TIME RELEASE PREVIOUS FORECAST …

11
Dec

TriumphFX Intraday Forex Analysis – 1 Hour Charts – December 11, 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD As suggested in yesterday’s chart analysis, the AUDUSD has been bullish and has broken the bullish channel resistance area. Price is clearly up-trending and has recently been very bullish. The AUDUSD was trending within a bullish channel but has broken above the recent bullish channel resistance area area. The …

10
Dec

TriumphFX Intraday Forex Analysis – 1 Hour Charts – December 10, 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD As suggested in yesterday’s chart analysis, price has been bullish and has reversed around the bullish channel resistance area. AUDUSD continues to up-trending within a large bullish channel. The moving averages are bullish and steady, signalling that the trend may continue. The bullish channel support and resistance areas have …

9
Dec

TriumphFX Intraday Forex Analysis – 1 Hour Charts – December 09, 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD As suggested in yesterday’s chart analysis, the AUDUSD has continued to be bullish and has also continued to find resistance around the recent highs at 0.7450. Price is clearly up-trending within a large bullish channel. The moving averages have become tight and are moving sideways, signalling market indecision – …

8
Dec

TriumphFX Intraday Forex Analysis – 1 Hour Charts – December 08, 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD As suggested in yesterday’s chart analysis, price reversed around the bullish channel support area and has since been bullish. AUDUSD continues to uptrend and be bullish. Price is moving within a large bullish channel. The moving averages are bullish and steady, suggesting that the uptrend may continue. Opportunities to …

7
Dec

TriumphFX Intraday Forex Analysis – 1 Hour Charts – December 07, 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD As suggested in Friday’s chart analysis, the AUDUSD reversed around the shorter-term moving average. Price has been up-trending and has formed a large bullish channel. The AUDUSD is currently in a retrace phase. The moving averages are bullish and widening, signalling that the uptrend could continue. Buying opportunities may …

6
Dec

Key Releases for 6th – 12th December 2020

Posted ByJane G Category Daily FX Analysis

8th December 2020 TIME RELEASE PREVIOUS FORECAST 0645UTC Unemployment Rate NOV 3.2% TIME RELEASE PREVIOUS FORECAST 1000UTC GDP Growth Rate YoY 3rd Est Q3 -14.8% -4.4% 9th December 2020 TIME RELEASE PREVIOUS FORECAST 1500UTC BoC Interest Rate Decision 0.25% 10th December 2020 TIME RELEASE PREVIOUS FORECAST 0700UTC Balance of Trade …