Month: August 2021

Previous analysis… https://analysis.tfxi.com/2021/07/22/triumphfx-intraday-forex-analysis-1-hour-charts-july-22-2021/ AUDUSD AUDUSD has been bearish. Price action has formed a short series of lower swing highs and lower swing lows but is overall looking indecisive. The moving averages are bearish and widening though, signalling that the downside could continue. Trading opportunities may exist around the bearish moving …

Previous analysis… https://analysis.tfxi.com/2021/04/06/triumphfx-forex-analysis-usd-pairs-april-may-june-2021/ AUDUSD – Daily Chart As suggested in our last USD chart analysis, the uptrend is over. The AUDUSD is now down-trending – price action has formed a short series of lower swing highs and lower swing lows. Price action has also formed a bearish channel. The moving …

9th August 2021 TIME RELEASE PREVIOUS FORECAST 0545UTC Unemployment Rate JUL 2.8% 2.8% 11th August 2021 TIME RELEASE PREVIOUS FORECAST 1230UTC Inflation Rate YoY JUL 5.4% 5.4% TIME RELEASE PREVIOUS FORECAST 2350UTC PPI YoY JUL 5% 4.9% 12th August 2021 TIME RELEASE PREVIOUS FORECAST 0600UTC Balance of Trade JUN £0.9B …

Previous analysis… https://analysis.tfxi.com/2021/04/05/triumphfx-forex-analysis-jpy-pairs-april-may-june-2021/ AUDJPY – Daily Chart The AUDJPY has been moving sideways. Recently, price has been bearish. AUDJPY is below a recent range and below the moving averages, suggesting a potential downtrend. The moving averages are tightening and moving sideways though, signalling market indecision. Trading opportunities could exist around …

Previous analysis… https://analysis.tfxi.com/2021/04/02/triumphfx-forex-analysis-gbp-pairs-april-may-june-2021/ EURGBP – Daily Chart As suggested in our last chart analysis, the EURGBP has been bearish. Price was down-trending but is currently moving within a range. The daily moving averages confirm the market indecision – they are starting to tighten and move sideways, The EURGBP is ranging …

Previous analysis… https://analysis.tfxi.com/2021/04/01/triumphfx-forex-analysis-eur-pairs-april-may-june-2021/ EURCHF – Daily Chart The EURCHF has been bearish. Price has been down-trending within a bearish channel and has recently broken below the channel support area. The daily moving averages are becoming bearish, suggesting that the downtrend may continue. The EURCHF is nearing key support levels, which …

The emergence of the Delta variant has diminished our hope for a smooth post-pandemic recovery.  Not only in India or the U.K., nearly all U.S. states are seeing new case numbers surge at least 10% higher than the previous week, according to John Hopkins University’s data. This two times more …

Previous analysis… https://analysis.tfxi.com/2021/03/31/triumphfx-forex-analysis-chf-pairs-april-may-june-2021/ AUDCHF – Daily Chart Price has been bearish. AUDCHF is down-trending and has formed a bearish channel. The moving averages are about to cross bearish, signalling that the trend could continue. Price is nearing a number of support levels, suggesting a bearish move could react to buying …

2nd August 2021 TIME RELEASE PREVIOUS FORECAST 0500UTC Consumer Confidence JUL 37.4 37 2330UTC Tokyo Core CPI YoY JUL 0.0% -0.1% TIME RELEASE PREVIOUS FORECAST 0630UTC Inflation Rate YoY JUL 0.6% 1% 3rd August 2021 TIME RELEASE PREVIOUS FORECAST 0430UTC RBA Interest Rate Decision 0.1% 0.1% TIME RELEASE PREVIOUS FORECAST …