Charts of the Week (30 July 2018)

SGD/JPY Weekly Candlesticks & Ichimoku Chart
Fundamentally, as trade tensions worsen, SGD should weaken in tandem with CNY while risk aversion will cause JPY to strengthen. On the charts, SGD/JPY is trying to break below the Ichimoku clouds. Keep an eye on this as it could develop into a strong bear trend on the weekly chart.

 

Nasdaq Composite Weekly Candlesticks & Ichimoku Chart
Although fundamentals still point to higher levels for Nasdaq and the uptrend remains intact, the close last week on the candle chart could be a sign that a retracement is due.

 

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are extracts of our weekly subscription product – “CIO’s Week Ahead Update” which provides analysis for the week ahead, first sent out on Monday of the week.

Receive first hand information on these charts and learn how to leverage on possible trading opportunities >>> Click here!

 

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd.

 

Charts of the Week (23 Jul 2018)

GBP/USD Weekly Candlesticks & Ichimoku Chart
With GBP/USD piercing below the bottom of the weekly Ichimoku cloud, the long term downtrend has resumed. With the technical and fundamental outlook both pointing in the same direction, the lows of 1.2000 are likely to be revisited unless something changes dramatically in time to come.

 

GBP/EUR Weekly Candlesticks & Ichimoku Chart
With GBP/EUR also trading below the weekly Ichimoku cloud, the weakness of GBP is not just a symptom of USD strength. GBP could be facing dark days ahead…

 

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are extracts of our weekly subscription product – “CIO’s Week Ahead Update” which provides analysis for the week ahead, first sent out on Monday of the week.

Receive first hand information on these charts and learn how to leverage on possible trading opportunities >>> Click here!

 

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd.

Charts of the Week (16 July 2018)

EUR/USD Daily Candlesticks & Ichimoku Chart 
Shorting EUR/USD against the bottom of the ichimoku cloud does seem like a good risk/reward trade based on the charts

 

Nasdaq (IXIC) Weekly Candlesticks & Ichimoku Chart
Tech stocks continue to grind higher despite the trade war and other uncertainties. It is a relentless trend.

 

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are extracts of our weekly subscription product – “CIO’s Week Ahead Update” which provides analysis for the week ahead, first sent out on Monday of the week.

Receive first hand information on these charts and learn how to leverage on possible trading opportunities >>> Click here!

 

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd.

Charts of the Week (9 July 2018)

USD/MXN Weekly Candlesticks & Ichimoku Chart
USD/MXN is trying to break through the bottom of the weekly Ichimoku cloud. With the possible improvement of a working relationship between the new Mexican president and Trump, the fundamentals are also reaffirming what the technicals are indicating. A close below the cloud will be a good indicator that the weekly downtrend has begun.

 

GBP/CAD Daily Candlesticks & Ichimoku Chart
GBP/CAD downtrend on the daily chart could be ending as price tries to break above the cloud. However, if BoC remains hawkish this week after an expected hike, it could cause that attempt to fail and result in a close below the Ichimoku cloud again. Keep an eye out for a good risk/reward trade if that should happen.

 

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are extracts of our weekly subscription product – “CIO’s Week Ahead Update” which provides analysis for the week ahead, first sent out on Monday of the week.

Receive first hand information on these charts and learn how to leverage on possible trading opportunities >>> Click here!

 

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd.

Charts of the Week (2 July 2018)

NASDAQ Weekly Candlesticks & Ichimoku Chart
At the halfway mark of 2018, Nasdaq still looks to be in a long term uptrend despite higher volatility and a more uncertain macro environment. Is Trump’s trade war enough to stop this trend?

 

Dollar Index (DXY) Weekly Candlesticks & Ichimoku Chart
The USD index is testing the previous resistance at 95.00 – 95.20 level. Does it have enough momentum to break that and break above the weekly Ichimoku cloud?

 

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are extracts of our weekly subscription product – “CIO’s Week Ahead Update” which provides analysis for the week ahead, first sent out on Monday of the week.

Receive first hand information on these charts and learn how to leverage on possible trading opportunities >>> Click here!

MoneyFM 89.3 FX Outlook (2 July 2018)

Vee speaks again with MONEY FM 89.3 this morning. He gives his thoughts on the first half of 2018 and what the second half of 2018 holds for FX. Hear what he thinks of the USD and Fed hikes, what’s next for the pound after coming under pressure for the past quarter and whether the weakness in Yuan will continue.

 

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