Month: May 2021

16
May

Key Release for 16th – 22nd May 2021
Posted ByJane G Category Daily FX Analysis
17th May 2021 TIME RELEASE PREVIOUS FORECAST 2350UTC GDP Growth Rate QoQ Prel Q1 2.8% -1.1% 18th May 2021 TIME RELEASE PREVIOUS FORECAST 0900UTC Balance of Trade MAR €17.7B €26.5B 0900UTC GDP Growth Rate QoQ 2nd Est Q1 -0.7% -0.6% 19th May 2021 TIME RELEASE PREVIOUS FORECAST 0600UTC Inflation Rate …
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13
May

TriumphFX Intraday Forex Analysis – 1 Hour Charts – May 13, 2021
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/05/12/triumphfx-intraday-forex-analysis-1-hour-charts-may-12-2021/ AUDUSD Price has been bearish. The AUDUSD is looking indecisive again. The moving averages confirm the market indecision – they have been crossing frequently. Trading opportunities may exist around the moving averages, around the support and resistance areas of the previous bearish channel and around the horizontal …
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12
May

TriumphFX Intraday Forex Analysis – 1 Hour Charts – May 12, 2021
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/05/11/triumphfx-intraday-forex-analysis-1-hour-charts-may-11-2021/ AUDUSD As suggested in our last chart analysis, AUDUSD has reversed around the 50.0% Fib level. Price has been bearish and has formed a tight bearish channel. AUDUSD is still above the recent consolidation, suggesting that price may still uptrend. The moving averages are tightening and moving …
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11
May

TriumphFX Intraday Forex Analysis – 1 Hour Charts – May 11, 2021
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/05/10/triumphfx-intraday-forex-analysis-1-hour-charts-may-10-2021/ AUDUSD As suggested in yesterday’s chart analysis, price was bullish and swung higher. The AUDUSD has formed a large bullish move and is currently in a retrace move. Price is above the recent consolidation area and the moving averages are bullish and widening, signalling a potential uptrend. …
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10
May

TriumphFX Intraday Forex Analysis – 1 Hour Charts – May 10, 2021
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/05/07/triumphfx-intraday-forex-analysis-1-hour-charts-may-07-2021/ AUDUSD As suggested in Friday’s chart analysis, AUDUSD reversed around 0.7765. Price has since been bullish and has swung above the consolidation area, suggesting a potential uptrend. The moving averages confirm the potential upside – they are bullish and widening. AUDUSD is currently finding resistance around 0.7860. …
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9
May

Key Release for 9th – 15th May 2021
Posted ByJane G Category Daily FX Analysis
12th May 2021 TIME RELEASE PREVIOUS FORECAST 0600UTC Balance of Trade MAR £-7.1B £-8B 0600UTC GDP Growth Rate YoY Prel Q1 -7.3% -4% TIME RELEASE PREVIOUS FORECAST 1230UTC Inflation Rate YoY APR 2.6% 3.8% 13th May 2021 TIME RELEASE PREVIOUS FORECAST 1230UTC PPI MoM APR 1% 0.5% Hits: 32
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7
May

TriumphFX Intraday Forex Analysis – 1 Hour Charts – May 07, 2021
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/05/06/triumphfx-intraday-forex-analysis-1-hour-charts-may-06-2021/ AUDUSD Price has been bullish. The AUDUSD continues to be indecisive. The moving averages confirm the current indecision – they have been crossing frequently. Price is also looking indecisive on higher time-frames. Trading opportunities may exist around the moving averages and around the horizontal levels at 0.7685, …
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6
May

TriumphFX Intraday Forex Analysis – 1 Hour Charts – May 06, 2021
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/05/05/triumphfx-intraday-forex-analysis-1-hour-charts-may-05-2021/ AUDUSD As suggested in yesterday’s chart analysis, AUDUSD has been finding support around 0.7700. Price has become indecisive again and is lacking trend direction. The moving averages are tightening and have been crossing frequently – confirming the market indecision. AUDUSD is also indecisive on higher time-frames. Trading …
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5
May

TriumphFX Intraday Forex Analysis – 1 Hour Charts – May 05, 2021
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/05/04/triumphfx-intraday-forex-analysis-1-hour-charts-may-04-2021/ AUDUSD Price has been bearish. The AUDUSD continues to move within the consolidation area but recent price action has signalled potential downside – AUDUSD has formed a bearish channel and a short series of lower swing highs and lower swing lows. The moving averages confirm the potential …
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