What’s moving the market? Just Keep Rising The policy makers have raised the benchmark lending rate 75 basis points to a range of 2.25% to 2.5% and the rate is expected to keep rising. Chairman Jerome Powell said that the Fed will press on with the steepest tightening in a …
29
Jul
Jul
Posted BySamuel Morton
Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/07/28/triumphfx-intraday-forex-analysis-1-hour-charts-july-28-2022/ AUDUSD – Up-trending As suggested in yesterday’s chart analysis, the AUDUSD has been bullish and has been finding resistance around the bullish channel resistance area. Price is clearly up-trending – price action has formed a series of higher swing highs and higher swing lows. Price action has also …
28
Jul
Jul
Posted BySamuel Morton
Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/07/26/triumphfx-intraday-forex-analysis-1-hour-charts-july-26-2022/ AUDUSD – Up-trending As suggested in our last analysis, price has been bullish and has been finding resistance around the bullish channel resistance area. AUDUSD is up-trending and is currently forming a swing higher. Price action has formed a clear bullish channel and price is currently testing the …
26
Jul
Jul
Posted BySamuel Morton
Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/07/25/triumphfx-intraday-forex-analysis-1-hour-charts-july-25-2022/ AUDUSD – Up-trending As suggested in our previous chart analysis, the AUDUSD has been bullish. Price is up-trending and is currently forming a swing higher. Price action has formed a bullish channel and AUDUSD is moving within the channel. The moving averages suggest that the uptrend could continue …
25
Jul
Jul
Posted BySamuel Morton
Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/07/22/triumphfx-intraday-forex-analysis-1-hour-charts-july-22-2022/ AUDUSD – Up-trending As suggested in Friday’s analysis, price has been bullish. AUDUSD is up-trending and has formed a swing higher. Price is currently in a retrace move. The moving averages are bullish and steady, suggesting that the uptrend may continue. Opportunities to go long could exist around …
22
Jul
Jul
Posted BySamuel Morton
Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/07/21/trimphfx-intraday-forex-analysis-1-hour-charts-july-21-2022/ AUDUSD – Up-trending As suggested in our previous chart analysis, the AUDUSD has been bullish and has reversed off the shorter-term moving average. Price is up-trending and has just formed a swing higher. The moving averages are bullish and steady, signalling that the uptrend could continue. Buying opportunities …
21
Jul
Jul
Posted BySamuel Morton
Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/07/20/triumphfx-intraday-forex-analysis-1-hour-charts-july-20-2022/ AUDUSD – Up-trending. Possible indecision As suggested in our last analysis, price reversed around the shorter-term moving average and has since been bullish. AUDUSD is up-trending and is currently heading toward recent highs. The moving averages are bullish and widening, signalling that the uptrend may continue. Price has …
20
Jul
Jul
Posted BySamuel Morton
Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/07/19/triumphfx-intraday-forex-analysis-1-hour-charts-july-19-2022/ AUDUSD – Up-trending As suggested in yesterday’s chart analysis, the AUDUSD has been bullish. Price is up-trending and is currently forming a swing higher. The moving averages are bullish and widening, signalling that the uptrend could continue. Buying opportunities may exist around the bullish moving averages and around …
19
Jul
Jul
Posted BySamuel Morton
Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/07/18/triumphfx-intraday-forex-analysis-1-hour-charts-july-18-2022/ AUDUSD – Potential uptrend? As suggested in our last analysis, price has been bullish and has swung higher. AUDUSD has formed a short series of higher swing highs and higher swing lows, suggesting a potential uptrend. The moving averages suggest that the upside direction may continue – they …
18
Jul
Jul
Posted BySamuel Morton
Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/07/15/triumphfx-intraday-forex-analysis-1-hour-charts-july-15-2022/ AUDUSD – Potential upside? As suggested in Friday’s chart analysis, the AUDUSD has been bullish – price has struggled to swing lower. Price was down-trending but price action suggests that the downtrend is over – the AUDUSD is forming a higher swing high, signalling a potential uptrend. The …