AUD.NZD

[arco]

.
Potentially a short term short. No position at the moment. Kumo has currently resisted an attempt to penetrate, together with Chikou against the plot.

[arco]

Watching now for a potential turn inside the Kumo

[peat]

completed a bearish gartley overnite at your blue box area arco

[arco]

Morning Peat

Yes, starting to look interesting.

As the 'B' leg almost reached 618 I tend to be a bit cautious in
case there is an extension of the 'D' leg (forming BF).

[ollie]

I see the nzd weakening against the aud, do you see this trend continuing ? thanks

[Novitiate]

Hi there - I don't trade currency, but am looking to buy some more shares is aussie. Not sure which ones yet, so was thinking of locking in current NZD/AUD rates for now. Where's the best place for some short-medium term analysis on NZD/Aud?

[macduffy]

Not great news for exporters to Aust if this analysis is anywhere right. But good for next winter's holiday in Queensland!

http://www.fnarena.com/index2.cfm?ty...D819805891635B

[peat]

Several respected commentators , namely Arco and Max McKegg have commented on the future direction of AUD/NZD and that the breakout above the 1.30 area is significant. I always find it difficult to trade as it is quite volatile and moves a lot without actually breaking the underlying trend. I've seen this gartley pop up now so will be adding to my existing position.

[JBmurc]

I certainly glad I invest my funds into the ASX many years agos for AUD 1.07c brought some back the other day AUD 1.29

[peat]

some event has kicked the trade into +ve territory pretty quickly ;+)