Trade Opportunities: Hang Seng Stock Index, AUDUSD

Hang Seng Index (HSI) Daily Candlesticks & Ichimoku Chart
The Hang Seng Stock Index (Hong Kong) is trading better recently. It is currently testing the daily ichimoku cloud, and will be a strong positive sign should it manage a close above the cloud. Is this just shortcovering ahead of the meeting between Trump and Xi at the G20 Summit or is it something more?

AUD/USD Daily Candlesticks & Ichimoku Chart
AUD/USD attempting to establish itself above the daily Ichimoku cloud again. Will it succeed this time?

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 first sent out on Monday of the week to members of our weekly subscription product – “CIO’s Week Ahead Update”, which helps to filter out the noise and condense only what’s important in the markets for the week ahead.

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

Trade Opportunities: USDJPY, NASDAQ

USD/JPY Daily Candlesticks & Ichimoku Chart   SHORT 
USD/JPY has broken into the daily Ichimoku cloud. Looking to sell rallies if opportunities should arise.

 

NASDAQ Composite Index (IXIC) Weekly Candlesticks & Ichimoku Chart
The NASDAQ Composite Index has started the week badly, with the selloff sending it into the weekly Ichimoku cloud. The cloud has been breached several times intra-week recently but somehow, the price has always managed to recover above the clouds.

 

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 first sent out on Monday of the week to members of our weekly subscription product – “CIO’s Week Ahead Update”, which helps to filter out the noise and condense only what’s important in the markets for the week ahead.

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

Trade Opportunities: AUDJPY, EURCAD

AUD/JPY Daily Candlesticks & Ichimoku Chart   SHORT 
With the bearish close on Fri, shorting AUD/JPY with a stop above the recent highs gives us a good risk vs reward short based on the daily chart.

 

EUR/CAD Daily Candlesticks & Ichimoku Chart   SHORT 
Last week, EUR/CAD tried to test the bottom of the daily Ichimoku clouds and failed. The close also resulted in a bearish candle. The recent two previous occasions when this occurred resulted in sell-offs in the days after. There’s a good chance that EUR/CAD will test new lows soon. (Note: EUR/CAD has reached our short term target yesterday and profits taken – after this chart was sent to our subscribers. Will look to sell again on rallies as we foresee EUR/CAD to continue moving lower)

 

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