Month: August 2022


31
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/08/30/triumphfx-intraday-forex-analysis-1-hour-charts-august-30-2022/ AUDUSD – Indecision As suggested in yesterday’s analysis, the AUDUSD has been moving sideways. Price continues to be indecisive and lack trend direction. The moving averages have been crossing frequently and are moving sideways – confirming the market indecision. The AUDUSD is also indecisive on higher time-frames. If …
30
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/08/29/triumphfx-intraday-forex-analysis-1-hour-charts-august-29-2022/ AUDUSD – Indecision As suggested in our previous chart analysis, price has been moving sideways. AUDUSD is indecisive and is lacking trend direction. The moving averages are moving sideways and crossing frequently – confirming the market indecision. Price is also looking indecisive on higher time-frames. Trading opportunities may …
What’s moving the market? China’s Problem Things are obviously not looking up in China. The Chinese households are cutting spending in a thread that could depress the country’s economic growth for years to come. Xi’s government has proved powerless when it comes to reviving investor spirit. Economists are downgrading growth …
29
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/08/26/triumphfx-forex-analysis-1-hour-charts-august-26-2022/ AUDUSD – Indecision The AUDUSD has been bearish. Price was showing signs of a potential uptrend but AUDUSD has been strongly bearish. Overall, price is looking indecisive and is lacking clear trend direction. The moving averages confirm the market indecision – they are tightening and are moving sideways. …
26
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/08/10/triumphfx-intraday-forex-analysis-1-hour-charts-august-10-2022/ AUDUSD – Potential uptrend? Price was down-trending but recent price action has been bullish. AUDUSD has formed a series of higher swing highs and higher swing lows and has also formed a bullish channel, suggesting a potential uptrend. The moving averages confirm the possible upside – they are …
25
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/03/16/triumphfx-indices-analysis-apr-may-june-2022/ ASX 200 (Australian Stock Index – AUS200) – Daily Chart – Down-trending As suggested in our last analysis, ASX reversed around 7625 and has since been bearish. Price is down-trending – price action has formed a series of lower swing highs and lower swing lows. AUS200 is currently …
23
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/03/14/triumphfx-gold-silver-update-april-may-june-2022/ GOLD – XAUUSD – Daily & Weekly Charts – Indecisive As suggested in our previous GOLD analysis, XAUUSD reversed off 2025 and 2045. Price was up-trending but is now looking indecisive. GOLD is moving sideways and is ranging between 1705 and 2025. Price is currently testing the range …
22
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/03/15/triumphfx-cryptocurrency-update-april-may-june-2022/ Bitcoin (BTCUSD) – Daily & Weekly Charts – Indecision. Further downside? As suggested in our last chart analysis, Bitcoin has found support around 19000. Price continues to look indecisive and lack trend momentum. Price action is forming a lower swing low though and potentially forming a head and …
20
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/03/28/triumphfx-forex-analysis-usd-pairs-april-may-june-2022/ AUDUSD Analysis – Daily Chart – Down-trending AUDUSD reversed around 0.7600, as suggested in our previous analysis. Price was indecisive but is now down-trending – price action has formed lower swing highs and lower swing lows. AUDUSD is currently in a retrace move and is testing the daily …
20
Aug
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2022/03/25/triumphfx-forex-analysis-jpy-pairs-april-may-june-2022/ AUDJPY Analysis – Daily Chart – Up-trending As suggested in our last chart analysis, price has been bullish and has been swinging higher. The AUDJPY is clearly up-trending – price action has formed a series of higher swing highs and higher swing lows. The moving averages are bullish …