TriumphFX Analysis

16
Nov

TriumphFX Intraday Forex Analysis – 1 Hour Charts – November 16, 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD AUDUSD has been bullish. Price has swung above the recent bearish channel resistance area, suggesting that the downtrend could be over. AUDUSD is now looking indecisive. The moving averages confirm this – they are tight and moving sideways. Trading opportunities may exist around the moving averages, around the support …

15
Nov

Key Releases for 15th – 21st November 2020

Posted ByJane G Category Daily FX Analysis

16th November 2020 TIME RELEASE PREVIOUS FORECAST 0750UTC GDP Growth Rate QoQ Prel Q3 -7.9% 4.5% 17th November 2020 TIME RELEASE PREVIOUS FORECAST 2130UTC Retail Sales MoM OCT 1.9% 0.4% 18th November 2020 TIME RELEASE PREVIOUS FORECAST 0750UTC Balance of Trade OCT ¥675B ¥90B TIME RELEASE PREVIOUS FORECAST 1500UTC Inflation …

13
Nov

TriumphFX Intraday Forex Analysis – 1 Hour Charts – November 13, 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD As suggested in yesterday’s chart analysis, price has been bearish and has found support around the bearish channel support area. The AUDUSD is down-trending – price action has formed a series of lower swing highs and lower swing lows. The moving averages have crossed bearish and price is moving …

12
Nov

TriumphFX Intraday Forex Analysis – 1 Hour Charts – November 12, 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD As suggested in yesterday’s chart analysis, AUDUSD has started ranging. Price is indecisive and has been moving sideways. The moving averages confirm the market indecision – they are tight and moving sideways. AUDUSD is ranging between 0.7250 and 0.7335. Price action has formed a potential bearish channel, suggesting that …

11
Nov

TriumphFX Intraday Forex Analysis – 1 Hour Charts – November 11, 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD As suggested in yesterday’s chart analysis, price reversed around the longer-term moving average and horizontal support at 0.7250. The AUDUSD is up-trending. The moving averages are bullish and steady and price is up-trending on higher time-frames, all suggesting that the uptrend may continue. The AUDUSD is forming a potential …

10
Nov

TriumphFX Intraday Forex Analysis – 1 Hour Charts – November 10, 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD As suggested in yesterday’s chart analysis, AUDUSD was bullish and swung higher. Price is clearly up-trending – price action has formed a series of higher swing highs and higher swing lows. The moving averages are bullish and steady, signalling that the upside direction could continue. AUDUSD is also up-trending …

9
Nov

TriumphFX Intraday Forex Analysis – 1 Hour Charts – November 09, 2020

Posted BySamuel Morton Category Daily FX Analysis 1Comments

AUDUSD As suggested in Friday’s chart analysis, price has swung higher and has been bullish. The AUDUSD is up-trending and is currently in a retrace move. The moving averages are bullish and steady, signalling that the uptrend may continue. Price is looking a little over-extended, suggesting that the AUDUSD may …

8
Nov

Key Releases for 8th – 14th November 2020

Posted ByJane G Category Daily FX Analysis

9th November 2020 TIME RELEASE PREVIOUS FORECAST 0645UTC Unemployment Rate OCT 3.2% 3.4% 10th November 2020 TIME RELEASE PREVIOUS FORECAST 0700UTC Unemployment Rate SEP 4.5% 4.9% 11th November 2020 TIME RELEASE PREVIOUS FORECAST 0100UTC Interest Rate Decision 0.25% 0.25% TIME RELEASE PREVIOUS FORECAST 2350UTC PPI MoM OCT -0.2% 0.7% 12th November 2020 TIME RELEASE …

6
Nov

TriumphFX Intraday Forex Analysis – 1 Hour Charts – November 06, 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD As suggested in yesterday’s chart analysis, AUDUSD closed above the range resistance area and has since been bullish. Price is above the recent consolidation area and is forming higher swing highs and lows – AUDUSD is up-trending. The moving averages are bullish and steady, suggesting that the trend could …

5
Nov

TriumphFX Intraday Forex Analysis – 1 Hour Charts – November 05, 2020

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD As suggested in yesterday’s chart analysis, price reversed around 0.7195. The AUDUSD is looking choppy but is also forming higher swing highs and higher swing lows, signalling a potential uptrend. The moving averages confirm the potential upside – they are bullish and widening. Price is currently ranging between 0.7075 …