Author: Samuel Morton


25
Jun
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.dehuifx.com/2021/06/24/triumphfx-intraday-forex-analysis-1-hour-charts-june-24-2021/ AUDUSD As suggested in yesterday’s chart analysis, the AUDUSD has been bullish off the shorter-term moving average. Price continues to uptrend and be bullish. The moving averages are bullish and steady, suggesting that the uptrend may continue. Opportunities to go long could exist around the dynamic support …
24
Jun
Previous analysis… https://analysis.dehuifx.com/2021/06/23/triumphfx-intraday-forex-analysis-1-hour-charts-june-23-2021/ AUDUSD As suggested in our last chart analysis, price reversed around the moving averages. AUDUSD continues to retrace the recent sell-off. The moving averages have crossed bullish and are steady, suggesting that the retrace move could continue. Buying opportunities may exist around the dynamic support of the …
23
Jun
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.dehuifx.com/2021/06/22/triumphfx-intraday-forex-analysis-1-hour-charts-june-22-2021/ AUDUSD The AUDUSD has been bullish. Price has been down-trending and is currently in a retrace move. The retrace move has formed a bullish channel. The moving averages are tightening and starting to move sideways, suggesting that the AUDUSD may struggle to swing lower. Opportunities to go …
22
Jun
Previous analysis… https://analysis.dehuifx.com/2021/06/18/triumphfx-intraday-forex-analysis-1-hour-charts-june-17-2021-2/ AUDUSD As suggested in our last chart analysis, price has been bearish and has swung lower. AUDUSD is clearly down-trending and is currently in a retrace move. The moving averages are bearish and steady, signalling that the downtrend could continue. Selling opportunities may exist around the dynamic …
18
Jun
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.dehuifx.com/2021/06/17/triumphfx-intraday-forex-analysis-1-hour-charts-june-17-2021/ AUDUSD As suggested in yesterday’s chart analysis, the AUDUSD has been bearish and has swung lower. Price is clearly down-trending and was recently very bearish. The moving averages are bearish and widening, signalling that the downtrend may continue. The AUDUSD is looking over-extended though, suggesting a potential …
17
Jun
Previous analysis… https://analysis.dehuifx.com/2021/06/16/triumphfx-intraday-forex-analysis-1-hour-charts-june-16-2021/ AUDUSD As suggested in our last analysis, price reversed around the longer-term moving average and has swung lower. AUDUSD is down-trending – price action has formed a series of lower swing highs and lower swing lows. The moving averages are bearish and steady, signalling that the downtrend …
16
Jun
Previous analysis… https://analysis.dehuifx.com/2021/06/15/triumphfx-intraday-forex-analysis-1-hour-charts-june-15-2021/ AUDUSD As suggested in yesterday’s chart analysis, the AUDUSD has been reversing around the shorter-term moving average. Price continues to move within a consolidation area. Price action has recently formed a series of lower swing highs and lower swing lows though, suggesting a potential downtrend. The moving …
15
Jun
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.dehuifx.com/2021/06/14/triumphfx-intraday-forex-analysis-1-hour-charts-june-14-2021/ AUDUSD As suggested in yesterday’s chart analysis, price has been reversing around 0.7695 and 0.7720. AUDUSD continues to be indecisive and lack trend direction. The moving averages confirm the market indecision – they have been crossing frequently. Price action is forming a potential inverted head and shoulder …
14
Jun
Previous analysis… https://analysis.dehuifx.com/2021/06/11/triumphfx-intraday-forex-analysis-1-hour-charts-june-11-2021/ AUDUSD As suggested in Friday’s chart analysis, the AUDUSD reversed around 0.7765. Price has since been bearish but continues to look indecisive. The moving averages continue to be tight and cross frequently – confirming the indecision. Price action is forming a potential inverted head and shoulder pattern …
11
Jun
Posted BySamuel Morton Category Daily FX Analysis
Previous analysis… https://analysis.dehuifx.com/2021/06/10/triumphfx-intraday-forex-analysis-1-hour-charts-june-10-2021/ AUDUSD As suggested in our last analysis, price was rejected around 0.7715 and 0.7765. AUDUSD is currently bullish. Price has swung above the recent consolidation area, suggesting a potential uptrend. The moving averages are still signalling market indecision – they are moving sideways. Trading opportunities may exist …