Nzd.usd

[peat]

good on ya slam
the prospect of higher rates will create some buyers for our dear wee $ and this makes it a bit of a scary short... tho its would appear to be struggling at this level....

[arco]

I mentioned the 'bullish flavor' yesterday, and that resulted in a maximum of circa 70 pips for brave souls who took the opportunity.

Alas I was not one of them [V]

arco

[slam]

Went Long again last night
See how we go
Currently +17 (whoohoo)

Cheers
Slam

[Dazza]

i was about to short actually

im waiting for it to break pass the 6938 point be4 i long it

[slam]

Closed long for 68pips
will look to re-enter after this drop

Cheers
Slam

[arco]

Minor Gann at 6958

[slam]

Long again for another go at 7.
maybe hard to crack, this week

Cheers
Slam

[slam]

Morning all
Well got to 7 but couldn't hold

Still think it is a long but will wait till this retrace is over. Formed a double bottom late fri so may be in place

Cheers
Slam

[peat]

Despite earlier bids from a German bank [NZD/USD] has failed to gain much momentum and lies close to the base of a rough 0.6950-0.7035 ascending range. Additionally, a recent increase in Uridashi issuance has failed to give the Kiwi any significant prop which, coupled with a recovering Usd post-NFP, suggests the lower bound could give way. While technical targets lie around 0.6925 and 0.6900, more significant losses are likely to prove difficult in the face of an NZ rate hike expected Oct 27. Immediate relief would come from a break above the highlighted 0.7000-0.7015 region, though this has put up strong resistance in the past few sessions

[Xerof]

Requires the patience of Job, but I'm looking for a retrace to 6895, 50% fib, which if seen, might be worth a small long for 7050, possibly 7200

Alternatively, sell 7050 if seen directly

Xerof