Month: March 2021


19
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/03/18/triumphfx-intraday-forex-analysis-1-hour-charts-march-18-2021/ AUDUSD As suggested in yesterday’s chart analysis, price has reversed around the bullish channel resistance and support areas. AUDUSD continues to look indecisive but is showing signs of a potential uptrend – price action has been forming higher swing highs and lows and has also formed a …
18
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/03/17/triumphfx-intraday-forex-analysis-1-hour-charts-march-17-2021/ AUDUSD As suggested in yesterday’s chart analysis, the AUDUSD has been bullish. Price action has formed a higher swing low and also a bullish channel, suggesting a potential uptrend – the market indecision could be over. The moving averages have crossed bullish – confirming the potential upside. …
15
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/03/12/triumphfx-intraday-forex-analysis-1-hour-charts-march-12-2021/ AUDUSD As suggested in our last chart analysis, the AUDUSD has been finding support around 0.7725. Price continues to be indecisive and lack trend direction. The moving averages confirm the current indecision – they are tightening and are moving sideways. Trading opportunities could exist around the moving …
14
Mar
Posted ByJane G Category Daily FX Analysis
16th March 2021 TIME RELEASE PREVIOUS FORECAST 0030UTC RBA Meeting Minutes TIME RELEASE PREVIOUS FORECAST 1230UTC Retail Sales MoM FEB 5.3% -0.6% TIME RELEASE PREVIOUS FORECAST 1150UTC Balance of Trade FEB ¥-323.9B 17th March 2021 TIME RELEASE PREVIOUS FORECAST 1000UTC Core Inflation Rate YoY Final FEB 1.4% 1.1% TIME RELEASE …
12
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/03/11/triumphfx-intraday-forex-analysis-1-hour-chart-march-11-2021/ AUDUSD As suggested in yesterday’s chart analysis, price reversed around both the trend support area and the horizontal resistance at 0.7810. AUDUSD has formed a short series of higher swing highs and higher swing lows, suggesting a potential uptrend. The moving averages confirm this – they are …
11
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/03/10/triumphfx-intraday-forex-analysis-1-hour-charts-march-10-2021/ AUDUSD The AUDUSD has been bullish. Price action has formed a bullish reversal pattern (inverted head and shoulder) and the moving averages have crossed bullish, all suggesting that the upside direction may continue. The AUDUSD is also up-trending on higher time-frames. Opportunities to go long could exist …