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.