TriumphFX Analysis

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price has reversed around the shorter-term moving average and has moved lower. The AUDUSD is down-trending. The moving averages are bearish and steady, signalling that the downtrend may continue. Selling opportunities could exist around the moving averages, around …

EUR/USD Nothing has changed here as price is still trading inside the local range between the level of support 1.1121 and the resistance 1.1266-1.1276. We should also point out the large volume inside this range. Therefore, our previous scenario remains relevant: we can open new positions only after the confident …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, the AUDUSD has continued to be bearish and move lower. Price is down-trending. The moving averages are bearish and steady, signalling that the downside momentum could continue. Opportunities to go short may exist around the dynamic resistance of …

EUR/USD The Euro corrected downwards after the test of the resistance level 1.1266 – 1.1276. At the moment the price is trading almost in the middle of the local range between this mark and the previous level of support 1.1121, where the large volume is concentrated. Therefore, the best decision …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price has continued to be bearish and move lower. The AUDUSD is down-trending. The moving averages are bearish and widening, signalling that the downtrend may continue. Selling opportunities could exist around the moving averages, around the trend resistance …

EUR/USD The Euro tested the resistance level 1.1255, but could not break it out. On the other hand, the price did not show any sharp reaction and is still trading near this mark. Hence, we can consider a scenario of its breakout, which will allow us to open long positions. …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, the AUDUSD closed below the support at 0.6965 and has since been bearish. Price is below the recent consolidation area and the moving averages are bearish and steady, all signalling that the AUDUSD could start down-trending. Opportunities to …

  AUDUSD – 1 Hour Chart   Price continues to be indecisive. The moving averages confirm the lack of momentum – they have been crossing frequently and are moving sideways. Trading opportunities may exist around the moving averages and around the horizontal levels at 0.6965, 0.6990, 0.7015, 0.7025, 0.7040 and 0.7070. …

EUR/USD The Euro continued its upward movement, moreover, the growth was on the large volume, which is a strong bullish signal, as it means that it was institutional players that pushed the price up. At the moment, the pair is trading near the resistance level 1.1255. Thus, we can open …

EUR/USD The Euro is still trading inside the local range between the level of support 1.1121 and the level of resistance 1.1266-1.1276. If we take a look at our volume chart, here we can see that the large volume is concentrated within this range. Hence, we may assume that big …