TriumphFX Analysis

  AUDUSD – 1 Hour Chart   Price has been bullish but continues to lack clear trend momentum. AUDUSD is ranging between 0.6810 and 0.6880. The moving averages confirm the current indecision – they have been crossing frequently. The moving averages are currently bullish though, suggesting that price could attempt …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, the AUDUSD reversed around 0.6815. Price has since been bullish. AUDUSD is above the recent bearish channel and the moving averages, signalling that the downtrend is over. The moving averages confirm the lack of downside momentum – …

  AUDUSD – 1 Hour Chart   As suggested in Friday’s chart analysis, price has reversed around the bearish channel resistance area and the shorter-term moving average. The AUDUSD is down-trending within a bearish channel. The moving averages are bearish and widening, signalling that the downtrend could continue. Selling opportunities …

Key release for 27th October 2019 – 2nd November 2019 Time Currency Releases Previous Forecast 28th October 2019 1230UTC USD Goods Trade Balance Adv SEP $-73.06B $-76.2B 2330UTC JPY Tokyo CPI YoY OCT 0.4% 1.6% 29th October 2019 0930UTC GBP BoE Consumer Credit SEP £0.901B £0.88B 1400UTC USD Pending Home …

  AUDUSD – 1 Hour Chart   AUDUSD continues to be in a retrace phase of an uptrend. The moving averages have crossed bearish, suggesting that price may struggle to swing higher. Opportunities to go long could exist around any of the key Fib levels and around the horizontal levels …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price closed below the range support area and has since been bearish. As also suggested, price found support around the previous diagonal resistance area. AUDUSD is up-trending and is currently in a retrace phase. The moving averages …

  AUDUSD – 1 Hour Chart   The AUDUSD is up-trending but is currently moving sideways between 0.6860 and 0.6880. The moving averages are bullish and steady, signalling that the uptrend may continue. Opportunities to go long could exist around the dynamic support of the moving averages, around the previous …

The recession bells are ringing across Wall Street and gnawing the financial market.  According to Google search trends, searches for the word ‘recession’ has just hit a scary high in 2019. The panic is beginning to spread to the general public and escalate when the end for all the global …

  AUDUSD – 1 Hour Chart   As suggested in Friday’s chart analysis, price has been bullish and has swung higher. The AUDUSD is up-trending. The moving averages are bullish and widening, signalling that the upside momentum could continue. Buying opportunities may exist around the dynamic support of the moving …

Key Release for the upcoming week (20th October 2019 – 26th October 2019) Time Currency Releases Previous Forecast 20th October 2019 2350UTC JPY Balance of Trade SEP ¥-136.3B ¥151B 22nd October 2019 1230UTC CAD Inflation Rate YoY SEP 0.4% -0.1% 23rd October 2019 1400UTC EUR Consumer Confidence Flash OCT -6.5 …