TriumphFX Analysis

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, the recent uptrend is over – the AUDUSD has become indecisive. The moving averages confirm the market indecision – they are moving sideways. Price is ranging between 0.6955 and 0.7030. Trading opportunities may exist around the support and …

EUR/USD The Euro demonstrated an abrupt drop, but the movement was on the small volume, so that we can’t point out any new volume levels or zones. Moreover, the price is located inside the local range between 2 strong volume levels. They are the level of support 1.1185 and the …

  AUDUSD – 1 Hour Chart   Price has been bearish. The AUDUSD has moved below the moving averages and the moving averages are about to cross, all suggesting that the recent uptrend may be over. Trading opportunities could exist around the moving averages and around the horizontal levels at 0.6880, …

After a very good meeting with his Chinese counterpart President Xi Jinping, US President Donald Trump announces that they will resume the highly anticipated trade talk with China. Trump states that the US will not levy any new tariffs on Chinese goods while the negotiations between the two countries continue. …

  AUDUSD – 1 Hour Chart   As suggested in Friday’s chart analysis, the AUDUSD continued to move higher and be bullish. Price is now bearish and is retracing some of the recent bullish move. The moving averages are bullish and steady, signalling that the upside momentum could continue. Opportunities to …

EUR/USD The Euro continues trading in a small local consolidation just below the resistance/local maximum level 1.1395. Thus, our previous scenario remains relevant: we can consider a breakout of this mark, which will allow us to open long positions. The breakout movement must be confident, sharp and on the large …

EUR/USD The Euro is trading in the small local consolidation near the level of resistance 1.1395. Thus, we still may reckon a scenario of its breakout, which will allow us to open long positions. The surge must be abrupt, confident and supported by the large volume. A stop loss should …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price has continued to be bullish and move higher. The AUDUSD is up-trending. The moving averages are bullish and steady, signalling that the uptrend may continue. Buying opportunities could exist around the dynamic support of the moving averages, …

EUR/USD The price is still trading near the level of resistance/local maximum 1.1395. Thus, our previous scenario remains relevant: we can reckon a breakout of this level, which will allow us to open long positions. The surge must be keen, confident and supported by the large volume. A stop loss …

EUR/USD The Euro corrected downward after the formation of the new level of resistance 1.1395. This level contains the large volume, but the drop was smooth and the price is still located near it. Thus, given the presence of the strong local uptrend we may consider a scenario of its …