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China 50 (CNX) / US DollarChina 50 (CNX) / US DollarChina 50 (CNX) / US Dollar

China 50 (CNX) / US Dollar

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CNXUSD trade ideas

China A50 Stock Index (It is swing higher first)View On China Stock Index (23 Aug 2019) The index uses we are in the bullish rebound move and it will likely go further first. I expect it can swing higher to 13,800 to 14,000 region. Do not short (or) hedge your short as it can swing higher first. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Free Telegram FX/Stock analysis at your fingertip @ t.me/sonictraders Follow our Trading View, @ bit.ly Visti our Webby @ bit.ly Like our FB @ bit.ly Looking for a good broker? Go to bit.ly Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may (or) We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
OANDA:CN50USD
by SonicDeejay
China 50 Head and Shoulders?Seeing some weakness here on the China 50, as the buyers bid to make a new higher low has yet to succeed. If we break this 13800 zone, it will be a break of a flip/support zone. Indicating there is no strength with this break out. Be patient and await for the candle close. Here is how it looks like on the 2 hour chart: The head and shoulders is very clear. Still would await for a nice and strong close below this zone. 13500-600 is where I would see another flip zone acting as support.
FOREXCOM:CHINA50Short
by Uncharted-FX
2
China 50 Possible Head and Shoulders PatternWe have had a recent downtrend to the 13400 zone where it looked like we could see an inverse head and shoulders to the downside. However, we failed to break below. Now we are attempting to create a head and shoulders pattern to the upside. Waiting for a break above 13700 with a nice close. Equities seem to be ready to get a boost from world central markets with the promise of more cheap money. The ECB is tomorrow and they are likely to cut rates even negative and provide more stimulus. The US Federal Reserve is then on tap to do the same next week on the 31st. The Chinese markets may have other issues. Talks of a banking crisis with Baoshang bank, and other economic problems...China's last GDP reading of 6.2% was the lowest in 27 years.
FOREXCOM:CHINA50Long
by Uncharted-FX
CN50 - Possible Head & Shoulder formationOANDA:CN50USD Trade Idea CHN50 - Intraday - We look to Sell at 13650 (stop at 13750) Short term momentum is bearish. Price action has posted a Doji candle and is neutral for short-term sentiment. Bias is mildly bearish today but we need to see a break of 13300 to confirm the downward pressure. In line with the possible early stages of a head & shoulders pattern and the strong rejection of gains, we look to set shorts in anticipation of a swing lower. Our profit targets will be 13350 and 13150 Resistance: 13600 / 13700 / 13800 Support: 13320 / 13250 / 13150
OANDA:CN50USDShort
by Signal_Centre
Stagflation - US and global recession in 2020Stagflation Last summer, economist Nouriel Roubini and Brunello Rosa identified 10 potential downside risks that could trigger a US and global recession in 2020. Many involve the United States. Trade wars with China and other countries, along with restrictions on migration, foreign direct investment, and technology transfers, could have profound implications for global supply chains, raising the threat of stagflation (slowing growth alongside rising inflation). Oil risk With Iran sanctions and the Gulf of Oman tanker attack, we can add potential oil spikes as a supply-side risk. Oil price rise could threaten aggregate demand and thus consumption growth because tariffs and higher fuel prices reduce disposable income. While there is no one way to predict a recession with technical analysis, there are ways to begin tracking multiple indicators that may collectively stand a much higher chance of predicting accurately the probability of one within a given time frame. The slope of the yield curve Yield curves don't typically invert. When they do, it creates an anomaly worth looking at. An inversion occurs when the yield on short-term Treasury securities exceeds the yield on long-term Treasury securities. While it might not seem like much at first glance, the inverted yield curve is actually a rare occurrence that can act as the bellwether for an economic recession. For more information please refer to my analysis: Yield-curve-Employment-rate-VIX-Volatility-Buffet-Indicator/ The Boyds economic recession model is triggered by a yield curve inversion (seen as red on the graph). Employment rate In contrast to a narrowing of the spread between short- and long-term Treasury yields, a low unemployment rate usually suggests strengthening economic growth. However, historically, a trough in the unemployment rate also tends to be a reliable predictor of a business recession. Both the Civilian Employment-Population Ratio and Continued Claims (Insured Unemployment) are at all-time lows. We need to watch carefully because once a recession begins, unemployment rises sharply.
OANDA:CN50USDShort
by warrenhochfeld
2
China H&S target reached and now a bullish wedgeLooks like an almost perfect bullish wedge here. The H&S had a target arond 12.600, which has been reached, so it could be a (temp) turning point. With this bullish wedge at the low, it seems to be a perfect setup. Ideally we see one more drop to test the low again. When seeing it turn a bit at that low, might get a chance to catch the exact low. But in theory, with a wedge we want to see 3 touches of the support line, which we already have here, so it could already have set the low. This wedge would also perfectly fit the picture of a normal correction of the big drop we had the past days. Making like a right shoulder as we can see on the left.
OANDA:CN50USD
by botje11
3