Month: August 2021


20
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/08/19/triumphfx-intraday-forex-analysis-1-hour-charts-august-19-2021/ AUDUSD As suggested in our last analysis, AUDUSD has continued to be bearish and move lower. Price is clearly down-trending and is currently forming a large bearish move. The moving averages are bearish and steady, signalling that the downtrend could continue. The current bearish move is looking …
19
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/08/18/triumphfx-intraday-forex-analysis-1-hour-charts-august-18-2021/ AUDUSD As suggested in yesterday’s chart analysis, price has been bearish. The AUDUSD is clearly down-trending and is currently forming a large bearish move. The moving averages are bearish and widening, signalling that the downtrend may continue. Price is looking a little over-extended though, suggesting a potential …
18
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/08/17/triumphfx-intraday-forex-analysis-1-hour-charts-august-17-2021/ AUDUSD As suggested in our last chart analysis, AUDUSD has been bearish and has swung lower. Price is down-trending and is currently in a small retrace move. The moving averages are bearish and widening, signalling that the downtrend could continue. AUDUSD is also down-trending on higher time-frames …
17
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/08/16/triumphfx-intraday-forex-analysis-1-hour-charts-august-16-2021/ AUDUSD As suggested in yesterday’s chart analysis, price broke below the range support area and has since been bearish. The AUDUSD is below the recent consolidation area, suggesting a potential downtrend. The moving averages confirm this – they are currently bearish. Opportunities to go short could exist …
16
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/08/13/triumphfx-intraday-forex-analysis-1-hour-charts-august-13-2021/ AUDUSD As suggested in our last chart analysis, AUDUSD reversed around the horizontal level at 0.7390. Price continues to be indecisive and lack trend direction. The moving averages confirm the market indecision – they have been crossing frequently and are moving sideways. AUDUSD is currently ranging between …
15
Aug
Posted ByJane G Category Daily FX Analysis
15th August 2021 TIME RELEASE PREVIOUS FORECAST 2350UTC GDP Growth Rate QoQ Prel Q2 -1% 0.4% 17th August 2021 TIME RELEASE 0130UTC RBA Meeting Minutes TIME RELEASE PREVIOUS FORECAST 0600UTC Unemployment Rate JUN 4.8% 4.4% TIME RELEASE PREVIOUS FORECAST 0900UTC GDP Growth Rate YoY 2nd Est Q2 -1.3% 13.7% TIME …
13
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/08/12/triumphfx-intraday-forex-analysis-1-hour-charts-august-12-2021/ AUDUSD As suggested in yesterday’s chart analysis, price has found support around 0.7325. The AUDUSD continues to be indecisive and lack trend direction. The moving averages have been crossing frequently – confirming the market indecision. Price is also indecisive on higher time-frames – providing no indication of …
12
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/08/11/triumphfx-intraday-forex-analysis-1-hour-charts-august-11-2021/ AUDUSD As suggested in our last chart analysis, AUDUSD reversed around 0.7330 and 0.7380. Price continues to be indecisive and lack trend direction. The moving averages confirm the market indecision – they are tightening and are moving sideways. AUDUSD is also indecisive on higher time-frames, providing no …
11
Aug
Posted ByJane G Category Analysis Aside
As the virulent Delta variant carves a deadly path through Southeast Asia, the dream of getting back to the pre-Covid life remains a dream. Indonesia and Malaysia have now become the new epicenter for the virus with their daily record-breaking cases after India took the strong hit. Malaysia has just …
11
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/08/10/triumphfx-intraday-forex-analysis-1-hour-charts-august-10-2021/ AUDUSD As suggested in yesterday’s chart analysis, price has been moving sideways. The AUDUSD is indecisive. Price is also looking indecisive on higher time-frames. The moving averages are still bearish and steady though, signalling potential downside. Trading opportunities could exist around the moving averages and around any …