Month: April 2022


15
Apr
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/04/14/triumphfx-intraday-forex-analysis-1-hour-charts-april-14-2022/ AUDUSD – Potential downtrend? Price has been bearish. AUDUSD was ranging and looking indecisive but recent price action has been bearish. Price has closed below the range support area, signalling a potential downtrend. The moving averages confirm the potential downside – they have crossed bearish. AUDUSD is up-trending …
14
Apr
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/04/13/triumphfx-intraday-forex-analysis-1-hour-charts-april-13-2022/ AUDUSD – Market indecision As suggested in yesterday’s chart analysis, the AUDUSD has reversed around 0.7405 and is ranging. Price was showing signs of a potential downtrend but is not indecisive. The AUDUSD is ranging between 0.7405-0.7485 and is forming a horizontal channel. The moving averages confirm the …
13
Apr
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/04/12/triumphfx-intraday-forex-analysis-1-hour-charts-april-12-2022/ AUDUSD – Market indecision? Potential bullish move? As suggested in our last analysis, price reversed around 0.7465. AUDUSD is below a recent consolidation area and is forming a lower swing high, signalling a potential downtrend. Price action is starting to look indecisive though and is forming a potential …
12
Apr
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/04/11/triumphfx-intraday-forex-analysis-1-hour-charts-april-11-2022/ AUDUSD – Further downside? Potential bullish move higher? As suggested in yesterday’s chart analysis, the AUDUSD has been bearish. Price is currently down-trending – price action has been bearish and has formed lower swing highs and lower swing lows. The moving averages are bearish and steady, suggesting that …
11
Apr
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/04/08/triumphfx-intraday-forex-analysis-1-hour-charts-april-08-2022/ AUDUSD – Potential bullish move? Further downside? As suggested in our previous analysis, price has found support off 0.7415. AUDUSD was looking indecisive but has recently been bearish. The moving averages are bearish and widening, signalling that the downside direction could continue. Price is up-trending on higher time-frames …
8
Apr
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/04/07/triumphfx-intraday-forex-analysis-1-hour-charts-april-07-2022/ AUDUSD – Market indecision As suggested in yesterday’s chart analysis, the AUDUSD has been moving sideways. Price continues to look indecisive and lack trend momentum. The moving averages confirm the market indecision – they have been crossing frequently. The AUDUSD is back within a previous horizontal channel at …
7
Apr
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/04/06/triumphfx-intraday-forex-analysis-1-hour-charts-april-06-2022/ AUDUSD – Market indecision? As suggested in our previous analysis, price is currently finding support around 0.7465. AUDUSD was showing signs of continuing the uptrend but recent price action has been bearish. Price has swung below the moving averages and below a key support area, suggesting that the …
6
Apr
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/04/05/triumphfx-intraday-forex-analysis-1-hour-charts-april-05-2022/ AUDUSD – Continuation of uptrend? As suggested in yesterday’s chart analysis, the AUDUSD is currently finding support around the shorter-term moving average. Price is up-trending and is currently in a retrace move. The moving averages are bullish and widening, signalling that the upside direction may continue. The AUDUSD …
5
Apr
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/04/04/triumphfx-intraday-forex-analysis-1-hour-charts-april-04-2022/ AUDUSD – Continuation of uptrend? As suggested in our last analysis, price closed above the horizontal channel and has since been bullish. AUDUSD is above the recent consolidation area. Price was up-trending before ranging – AUDUSD could now start up-trending again. The moving averages are becoming bullish – …
4
Apr
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/04/01/triumphfx-intraday-forex-analysis-1-hour-charts-april-01-2022/ AUDUSD – Market indecision. Price testing key resistance area. As suggested in Friday’s chart analysis, the AUDUSD has been reversing around the support and resistance areas of the horizontal channel. Price continues to be indecisive and lack trend direction. The AUDUSD has been moving within a clear horizontal …