sharetrader
Page 164 of 167 FirstFirst ... 64114154160161162163164165166167 LastLast
Results 1,631 to 1,640 of 1664

Thread: Nzd.usd

  1. #1631
    Member
    Join Date
    Aug 2016
    Location
    Auckland
    Posts
    42

    Default

    FX traders had their crystal ball out this morning it seems, correctly predicting the 0.2% inflation number 20 seconds or so before the data release (market expecting 0.0%). How efficient.

    Attachment 8372

    Smashed through the topside resistance of 0.7150, should be interesting to see how this trades over 24 hours with a Dairy auction overnight with futures indicating a lift in prices (on reduce volume) which should see the kiwi well bid.

  2. #1632
    Senior Member Valuegrowth's Avatar
    Join Date
    Jun 2013
    Posts
    1,198

    Default

    In the short run we should see some volatility. The U.S. dollar rose to fresh highs against the euro and a broad range of currencies including China’s Yuan on Friday. As I said before I expect bigger fall in NZ dollar in 2017/18 against not only USD but also against basket of currencies.

    The NZD gave up its gains against the USD in the past few trading sessions, losing 0.3%.

  3. #1633
    Senior Member Valuegrowth's Avatar
    Join Date
    Jun 2013
    Posts
    1,198

    Default

    https://www.fxstreet.com/news/nzd-us...b-201611111230

    NZD/USD bearish on a close below 0.7180 – UOB

  4. #1634
    Senior Member Entrep's Avatar
    Join Date
    Mar 2008
    Posts
    1,420

    Default

    NZD is on an absolute tear... Looks like nothing can stop it. Can any one see the USD strengthening later this year?

  5. #1635
    Member
    Join Date
    Apr 2007
    Location
    , , .
    Posts
    323

    Default

    Opps, just posted a new threead, should've posted this question here, Would a Labour Government mean a fall in the NZ Dollar?

  6. #1636
    Legend peat's Avatar
    Join Date
    Aug 2004
    Location
    Whanganui, New Zealand.
    Posts
    6,232

    Default

    Quote Originally Posted by brettdale View Post
    Opps, just posted a new threead, should've posted this question here, Would a Labour Government mean a fall in the NZ Dollar?
    looks very much like it
    H+S broken ...>>>.68
    For clarity, nothing I say is advice....

  7. #1637
    Junior Member
    Join Date
    Nov 2004
    Location
    Auckland, New Zealand.
    Posts
    7

    Default

    I agree Peat, it was a classic head & shoulders with a neckline around ,7200-25 depending upon where you want to draw it - now well broken, and it it can hold below those levels early next week, the measuring objective for the weakness is around 0.6850. It may takes weeks or months, but that's where it should be headed - whats the investment play is the question?

  8. #1638
    Legend peat's Avatar
    Join Date
    Aug 2004
    Location
    Whanganui, New Zealand.
    Posts
    6,232

    Default

    Quote Originally Posted by FXTrader View Post
    I agree Peat, .... whats the investment play is the question?
    ah yes the strategy
    well I am short already medium size, will add again several times as it approaches 74 , become nervous after a clean break above 74 , and then look to exit
    I tend to scale in an out these days , not looking so much for the killer single entry
    For clarity, nothing I say is advice....

  9. #1639
    Guru Xerof's Avatar
    Join Date
    Mar 2005
    Posts
    3,000

    Default

    Quote Originally Posted by peat View Post
    looks very much like it
    H+S broken ...>>>.68
    Yes peat, I was reviewing a few charts and was going to post on the H&S - perfectly formed (like my wife). Should, in theory, progress to under .69. Appears to be kiwi specific as NZDAUD also falling
    Last edited by Xerof; 02-09-2017 at 01:53 PM. Reason: get the cross right Xerof....

  10. #1640
    Legend peat's Avatar
    Join Date
    Aug 2004
    Location
    Whanganui, New Zealand.
    Posts
    6,232

    Default

    Quote Originally Posted by Xerof View Post
    Appears to be kiwi specific as AUDNZD also falling
    au contraire AUD/NZD rising. as is my account balance from that.
    For clarity, nothing I say is advice....

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •