AUDNZD - Five Year Lows

[Glendoonie]

POE 1.03101
TP 1.05016
Perhaps a wee bit premature ...

A revision to the POE, but there's still a long way to go.

POE 1.03691
TP 1.05016

[karlos68]

About to plummet


Attachment 8587

[karlos68]

Give it time...........(Ignore the market noise)..........I'm thinking down


Attachment 8658

[karlos68]

Give it time...........(Ignore the market noise)..........I'm thinking down


Attachment 8658

That's another "Yup, as expected"

Attachment 8673

[Hoop]

Re:...yes back to 1.37 we go..

Yep those were the days...everyone driving around in rust buckets visiting garage sales... and... buying too many commodity items at the supermarket resulted in financial pain rather than indigestion pain...

[JBmurc]

Planning on buying much more AUD at these levels (Into my ANZ AUD investing account) ...

[peat]

look at this beauty, tells a story

AUDNZD14-7-17.JPG

[Hoop]

Is the coming Election swaying you guys? ...The reason I ask is why do you think break out to the downside is going to happen with in the next month or two...Karlos's long term chart is exactly that...long term...The descending triangle is valid from the mid 2014 starting point and the apex is projected out to the year 2022.....Most of the breakouts occur 2/3 to 3/4 along the triangle towards the apex which suggests chances are the downward breakout would occur during the years 2019 and 2020.....A long time between drinks ..eh?

The kicker is.. after waiting until the year 2020, when it finally happens it may go the other way and break out to the top side (36% chance [Bulkowski])......

.....just saying

Edit: Correction...valid from March 2015 not Mid 2014

[karlos68]

I believe NZ/AUS has some cohesion with PEN and Spot Price U308 charts Hoop.

Both PEN and U308 are narrowing to the breakout point of their Descending Wedges, could still be some time dragging on as you point out, thou it is drawing close to the point of anytime now ....just saying my belief.

[Hoop]

I believe NZ/AUS has some cohesion with PEN and Spot Price U308 charts Hoop.

Both PEN and U308 are narrowing to the breakout point of their Descending Wedges, could still be some time dragging on as you point out, thou it is drawing close to the point of anytime now ....just saying my belief.

Yep ...fair enough...I often use other related and sometimes unrelated variables that correlate together with the subject I'm investigating e.g Copper v DOW used to be leading indicator out of a bear cycle.
cheers
Hoop