Month: March 2022


31
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/03/30/triumphfx-intraday-forex-analysis-1-hour-charts-march-30-2022/ AUDUSD – Market indecision. Price testing key resistance area. As suggested in our last analysis, the AUDUSD reversed around the horizontal channel resistance area. Price has been moving sideways and continues to be indecisive. The AUDUSD is moving within a clear horizontal channel at 0.7465-0.7530. The moving averages …
29
Mar
What’s moving the market? Russia Warfare As President Vladimir Putin’s war in Ukraine enters its second month, western leaders are touting their unity and announcing new sanctions on hundreds of Russia’s elite. Punishing sanctions levelled by the West has sent Ruble crashing to record lows, shuttered Moscow’s stock market and made …
28
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/01/04/triumphfx-forex-analysis-usd-pairs-january-february-march-2022/ AUDUSD – Daily Chart – Market Indecision? As suggested in our previous USD analysis, price reversed around the shorter-term moving average and then formed a swing lower. AUDUSD was down-trending but is now looking indecisive – the downtrend may becoming to an end. The moving averages confirm …
25
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/12/31/triumphfx-forex-analysis-jpy-pairs-january-february-march-2022/ AUDJPY – Daily Chart – Uptrend AUDJPY has been bullish. Price was looking indecisive but is now bullish. AUDJPY has formed a short series of higher swing highs and higher swing lows and has swung above the consolidation resistance area, all suggesting that the upside direction could …
24
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/12/30/triumphfx-forex-analysis-gbp-pairs-january-february-march-2022/ EURGBP – Daily Chart – Down-trending Price has continued to be slightly bearish and also indecisive, as suggested in our last chart analysis. EURGBP is moving in a general downward direction but has had multiple stalls and periods of indecision along the way. Price is now within …
23
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/12/24/triumphfx-forex-analysis-chf-pairs-january-february-march-2022/ AUDCHF – Daily Chart – Possible uptrend? As suggested in our last CHF chart analysis, price was indecisive and moved sideways. Recent price action has been bullish though and is forming a swing higher, suggesting a potential uptrend. The moving averages signal market indecision though – they …
22
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/12/23/triumphfx-forex-analysis-cad-pairs-january-february-march-2022/ AUDCAD – Daily Chart – Potential uptrend? Market indecision? The AUDCAD has been bullish. Price action has formed a higher swing high and has broken key resistance levels, signalling a potential uptrend. Price is currently in a retrace move. AUDCAD has formed a bullish channel. The moving …
21
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/10/14/triumphfx-forex-analysis-eur-pairs-october-november-december-2021/ EURCHF – Daily Chart – Clear downtrend As suggested in our last EUR chart analysis, price reversed around the 50.0% Fib level and has been bearish. EURCHF is clearly down-trending – price action has formed a long series of lower swing highs and lower swing lows. Price …