Trade Opportunities: EUR/JPY, NASDAQ

EUR/JPY Weekly Candlesticks & Ichimoku Chart SHORT
EUR/JPY closed last week below the weekly Ichimoku cloud. Until it recovers to close above the cloud, sell on rallies is the way to go.

 

NASDAQ Composite Index Weekly Candlesticks & Ichimoku Chart
The NASDAQ Composite Index has not traded below the weekly Ichimoku cloud since mid 2016. It is now trading near critical support levels. A close below the cloud will be quite damaging to the longer term technical picture.

 

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

Trade Opportunities: EUR/CAD, NZD/USD

EUR/CAD Weekly Candlesticks & Ichimoku Chart – SHORT
As the economies of Canada and the Eurozone continue to diverge, EUR/CAD is likely to test much lower levels. The recent rally presents us with a good opportunity to get involved.

 

NZD/USD Daily Candlesticks & Ichimoku Chart – SHORT
NZD/USD seems to be having trouble breaking above 0.6600-10 area which is close to the bottom of the daily ichimoku cloud. This makes for a good risk/reward opportunity to add to shorts.

 

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

Trade Opportunities: NASDAQ, Bitcoin

Bitcoin (BTC) Daily Candlesticks & Ichimoku Chart  – LONG
Bitcoin (BTC) jumped to hit highs of 7700-7800 within minutes yesterday before falling back to below 7000. A decisive close above the cloud could get very interesting.

 

NASDAQ Index Weekly Candlesticks & Ichimoku Chart
As cautioned in last week’s report, a correction on NASDAQ is on the cards. The support on the weekly chart is at 7100 level.

 

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

 

Trade Opportunities: NZD/USD, NASDAQ (8 Oct 2018)

NZD/USD Monthly Candlesticks & Ichimoku Chart
NZD/USD looks set to test 2015’s lows of 0.6230-50. If that should break, it could be targeting 0.5000 and below.

 

NASDAQ Index Daily Candlesticks & Ichimoku Chart
It’s been a while since NASDAQ tested the daily Ichimoku clouds. Caution is warranted if this should turn out to be a deeper 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

Trade Opportunities: USDCAD, DXY

USD/CAD Daily Candlesticks & Ichimoku Chart
USD/CAD has gapped lower on Monday open because of news that US and Canada has finally reached a workable trade agreement. Breaking 1.2880 decisively, the downward trend is likely to resume and any rallies should be sold. If the market should try to close the gap, it would present us with a good risk/reward trade!

 

USD Index (DXY) Weekly Candlesticks & Ichimoku Chart
USD Index (DXY) seems to have survived the selloff and is holding above the weekly ichimoku cloud. The move higher becomes increasingly likely as time passes.

 

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