Charts of the Week (27 Aug 2018)

AUD/NZD Daily Candlesticks & Ichimoku Chart
The weakness of the AUD caused mainly by the political uncertainty surrounding the leadership tussle is now over. Expect AUD to regain ground vs the NZD as RBNZ remains a lot more dovish than RBA. The daily reversal candle on Friday also presents an opportunity with good risk reward.

 

DXY Weekly Candlesticks & Ichimoku Chart
Critical support level for the dollar index (DXY) on the weekly chart. Hold the line!

 

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.

Let us know what you think in the comments below!

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 (20 Aug 2018)

Apple (AAPL) Stock Weekly Candlesticks & Ichimoku Chart
AAPL relentlessly marches higher. Warren Buffett continues to add to Berkshire Hathaway’s holdings. Is there any reason to think the trend will not continue?

 

USD/CNH Weekly Candlesticks & Ichimoku Chart
A strong reversal candle on the weekly chart. Is this the beginning of a fierce retracement?

 

 

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.

Let us know what you think in the comments below!

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 (13 Aug 2018)

EUR/USD Weekly Candlesticks & Ichimoku Chart
With the close of the EURUSD below the weekly cloud, the bear market has well and truly started…

 

EUR/JPY Weekly Candlesticks & Ichimoku Chart
EUR/JPY is also trading below the weekly Ichimoku cloud. A close below this week would be very bearish indeed.

 

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.

Let us know what you think in the comments below!

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 (6 Aug 2018)

CAD/JPY Daily Candlesticks & Ichimoku Chart
CAD/JPY looks poised to retrace back to 84 handle on the daily chart. With JPY trading strong given the uncertainty on the trade war front, it is a good countertrade to have in a portfolio that is risk-seeking.

 

CAD/JPY Weekly Candlesticks & Ichimoku Chart
On the weekly CAD/JPY chart, it looks like good risk/reward to sell against the bottom of the Ichimoku cloud. With both the daily (above) and weekly charts pointing in the same direction, it is worth a shot!

 

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.

Let us know what you think in the comments below!

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.