TriumphFX Analysis

  AUDUSD – 1 Hour Chart   Price has been bearish. The AUDUSD has moved below the recent consolidation area and the moving averages are bearish and steady, all signalling that price may start down-trending. Selling opportunities could exist around the dynamic resistance of the moving averages and around the horizontal …

EUR/USD The price continued falling and now is trading near the level of support/lower boundary of the local range 1.1185. Thus, our previous scenario remains relevant: we may reckon a breakdown of this level, which will allow us to open short positions. The drop must be keen and supported by …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, the AUDUSD has been finding support around 0.6955. Price continues to be indecisive and lack trend direction. The moving averages confirm the indecision – they have been crossing frequently. Trading opportunities may exist around the moving averages and …

EUR/USD The Euro showed a sharp and confident drop supported by the large volume, which is a great signal that big players pushed the price downwards. Now the pair is located near the level of support/lower boundary of the local range 1.1185. Therefore, we may reckon a scenario of its …

  AUDUSD – 1 Hour Chart   As suggested in Friday’s chart analysis, price reversed around the horizontal level at 0.6955. The AUDUSD continues to be indecisive and lack trend direction. The moving averages have been crossing frequently and are moving sideways – confirming the market indecision. Trading opportunities could exist …

EUR/USD The price is still trading in the middle of the local consolidation between the level of support 1.1185 and the level of resistance 1.1395. Thus, our previous scenario remains relevant: we can open new positions only after the confident exit of the price from this consolidation. The breakout movement …

  AUDUSD – 1 Hour Chart   The AUDUSD continues to be indecisive and lack trend direction. The moving averages confirm the market indecision – they are moving sideways. Trading opportunities may exist around the moving averages and around any of the identified horizontal levels at 0.6880, 0.6905, 0.6935, 0.6955, 0.7030 …

EUR/USD The Euro is trading in the middle of the local consolidation between 2 strong volume levels. The first one is the support 1.1185, the second one is the resistance 1.1395. Thus, our previous scenario remains relevant: we can open new positions only after the confident exit of the price …

  AUDUSD – 1 Hour Chart   Price has closed above the range resistance area but continues to lack trend momentum. The moving averages have been crossing frequently and are moving sideways – confirming the market indecision. Trading opportunities could exist around the moving averages and around the horizontal levels at …

EUR/USD Nothing has changed here as the price is located in the middle of the local range between the level of support 1.1185 and the level of resistance 1.1395. Therefore, our previous scenario remains relevant: we can open new positions only after the sharp exit of the price from this …