TriumphFX Analysis

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, the AUDUSD has reversed off the horizontal support at 0.6965. Price continues to be indecisive and lack trend momentum. The moving averages have been crossing frequently and are moving sideways – confirming the market indecision. Trading opportunities could …

EUR/USD The Euro is still located within the local range between the support 1.1121 and the resistance 1.1266 – 1.1276. The large volume is concentrated in this range, hence, we can open new positions only after the sharp exit of the price from it. Moreover, the movement must be keen, …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price has reversed around the horizontal level at 0.7025. The AUDUSD continues to be indecisive. The moving averages confirm the market indecision – they have been crossing frequently and are moving sideways. Trading opportunities may exist around the …

EUR/USD The Euro continues trading inside the local consolidation 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 players …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, the AUDUSD has reversed around the horizontal level at 0.7035 and the diagonal support area.  Price continues to be indecisive and lack trend direction. The moving averages confirm the current indecision – they have been crossing frequently and …

The news and Foreign Exchange trading  News drives financial markets – news can be the sole reason why traders and investors choose to buy or sell financial assets! In stock trading, market moving news is often company earnings reports, release of financial accounts, profit warnings and economic outlooks. In commodity …

EUR/USD Nothing has changed with the Euro as price is still located inside the local consolidation between 2 strong volume levels. They are the level of support 1.1121 and the level of resistance 1.1266 – 1.1276. We should also point out that the large volume is concentrated within this range. …

  AUDUSD – 1 Hour Chart   Price has been bullish and is now looking indecisive again. The moving averages confirm the market indecision – they are tightening and are moving sideways. Trading opportunities may exist around the moving averages, around the identified diagonal support and resistance areas and around the …

Define your risk tolerance First of all, know yourself, truly understand what you WANT and begin with a small sum and ambition. Try not to expose yourself and your money into a high-risk investment in the beginning. Start to trade small and never put all your eggs in one basket …

  AUDUSD – 1 Hour Chart   As suggested in Friday’s chart analysis, the AUDUSD reversed around the longer-term moving average and has since been bearish. Price is down-trending. The moving averages are bearish and steady, signalling that the downtrend may continue. Opportunities to go short could exist around the dynamic …