Author: Samuel Morton


29
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2020/12/21/triumphfx-forex-analysis-aud-pairs-january-february-march-2021/ AUDCAD – Daily Chart As suggested in our last AUD chart analysis, the AUDCAD was bullish and found support around the trend support area. Price has since been bearish and has swung below the trend support area, suggesting that the uptrend could be over. The AUDCAD is …
26
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/03/25/triumphfx-intraday-forex-analysis-1-hour-charts-march-25-2021/ AUDUSD As suggested in yesterday’s chart analysis, price is finding resistance around 0.7625 and the trend resistance area. AUDUSD is down-trending and is currently in a retrace phase. The moving averages are bearish and steady, signalling that the downtrend may continue. Price is up-trending on higher time-frames …
25
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/03/23/triumphfx-intraday-forex-analysis-1-hour-charts-march-23-2021-2/ AUDUSD As suggested in our previous chart analysis, the AUDUSD reversed around 0.7585. Price has been bearish and has moved below the recent consolidation area. The moving averages are bearish and steady, suggesting that the downside direction could continue. Opportunities to go short may exist around the …
23
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/03/22/triumphfx-intraday-forex-analysis-1-hour-charts-march-23-2021/ AUDUSD As suggested in yesterday’s chart analysis, price is finding support around 0.7680. AUDUSD continues to be indecisive and lack trend direction. The moving averages confirm the market indecision – they have been crossing frequently. Price is up-trending on higher time-frames, signalling a potential bullish move. Trading …
22
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/03/19/triumphfx-intraday-forex-analysis-1-hour-charts-march-19-2021/ AUDUSD As suggested in Friday’s chart analysis, the AUDUSD found support around the bullish channel support area. Price has since been bearish and has swung below the support area. The AUDUSD continues to be indecisive and lack trend momentum. The moving averages confirm the market indecision – …
19
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/03/18/triumphfx-intraday-forex-analysis-1-hour-charts-march-18-2021/ AUDUSD As suggested in yesterday’s chart analysis, price has reversed around the bullish channel resistance and support areas. AUDUSD continues to look indecisive but is showing signs of a potential uptrend – price action has been forming higher swing highs and lows and has also formed a …
18
Mar
Previous analysis… https://analysis.tfxi.com/2021/03/17/triumphfx-intraday-forex-analysis-1-hour-charts-march-17-2021/ AUDUSD As suggested in yesterday’s chart analysis, the AUDUSD has been bullish. Price action has formed a higher swing low and also a bullish channel, suggesting a potential uptrend – the market indecision could be over. The moving averages have crossed bullish – confirming the potential upside. …
15
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/03/12/triumphfx-intraday-forex-analysis-1-hour-charts-march-12-2021/ AUDUSD As suggested in our last chart analysis, the AUDUSD has been finding support around 0.7725. Price continues to be indecisive and lack trend direction. The moving averages confirm the current indecision – they are tightening and are moving sideways. Trading opportunities could exist around the moving …
12
Mar
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.tfxi.com/2021/03/11/triumphfx-intraday-forex-analysis-1-hour-chart-march-11-2021/ AUDUSD As suggested in yesterday’s chart analysis, price reversed around both the trend support area and the horizontal resistance at 0.7810. AUDUSD has formed a short series of higher swing highs and higher swing lows, suggesting a potential uptrend. The moving averages confirm this – they are …