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Hongkong

Hong Kong Daily Update (18/8/17) *Cracks are Showing.Market did swing down and it is rebounding after the hunting the stop below of 27,000. IMO, it is likley to go lower again, once the position swapping is done. As the fundamental for China and HK as a proxy, I am not on the bull side. It is likely to deflate badly soon. Let's see. I am seeing BEAR. Trade Safe, s0nic Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because im not monitoring this chart all time.
OANDA:HK33HKDShort
by SonicDeejay
Hang Seng Index dropped more than 470 points now. What's next? HSI has suffered from one of the biggest drops on 10 August 2017 in one month. The index had an upward bias since it made the recent low of 25199 on 5 July 2017 and made a recent high at 27876 on 8 August 2017. Investors like you may be concerned whether this upward bias is coming to an end. From a technical analysis perspective, the upward bias of this index remains unless we see the recent low of 25199 be taken out. Based on our forecast, the index may potentially retrace to 26850 as our first target level or 26200 as our second target level. Investors like you may consider taking a prudent step to buy the index at these levels if they take the position that the upward bias remains intact. On the other hand, it is possible for this index to continue its upward bias without retracing to these levels. In such cases and based on our forecast, the index may potentially reach 28200 as our first target on the upside, followed by 29000 as our second level target. Stay tuned for our further update on this index movement. DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment. Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
TVC:HSI
by NinjaSingapore
Hong Kong Hang Seng: Uptrend is Due This YearPretty weak, but still up Hang Seng index, which represents Hong Kong stocks, was going down suring the recent few months. But right now it appears to be reversing, or at least correcting, to the upside. What to expect this year? Let's recognize a bit of Hang Seng nature from the technical point of view. Look at the chart. 30% per rally Most of the rallies last 6 years had the same overall percentage of price rise: 30-35%. So for now this is the "nature" of Hang Seng, which means we can expect the same % of growth in future rallies. Each rally usually takes around 4-6 months, so we may expect the same timing in the future. Angles resistance According to the angles drawn on my chart, we can see a pretty strong resistance somewhere in the red square. Once the price hits that square, the reversal to the downside (or at least bigger correction) is expected. Price target: 28000 within this year Once the uptrend is finally confirmed, expect the yearly top at around 28000. Angle resistance zone coincides with the 30% growth "nature", so this is a pretty realistic price target.
INDEX:HSILong
by OmgImTrader
USDHKD: Time at mode signal predicts even this managed floatVery clear how the Time at mode downtrend signal here predicted the end of the decline in time... Now we have a long signal, and it's likely to return to the 7.79 handle. If you can trade this pair and margin requirements don't kill you, you can go long at market with stops under yesterday's low. If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers, Ivan Labrie. Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Long
by IvanLabrie