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Posts by "nzvik"

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263 Posts Total by "nzvik":
225 Posts by member
nzvik
(Auckland, New Zealand)
38 Posts by Anonymous "nzvik":
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nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Jan 11, 2010 19:18
In Thread: Don't Forget the Yen
I think USD/JPY will weaken over the next week or two - may head into the 87/88s.
EURUSD looks likely to hit 1.47
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Jan 11, 2010 5:18
In Thread: More Euro Losses Ahead
I can't understand why we are keen to short EURUSD at these levels.

The pair has just broken thru its resistance of nearly 20 days - 1.4480.
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Jan 8, 2010 21:02
In Thread: EUR Trade Index 18-Year Chart
after the crazy whipsaws post the NFP release - this slow decline of the dollar in the last 2 hours is quite powerful and likely to continue over the next few weeks. USD bulls could be in trouble.
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Jan 8, 2010 15:29
In Thread: EUR Trade Index 18-Year Chart
Gunjack

Haven't traded this pair in a long time. So wouldn't be fair for me to advise you.

However, just having a quick look at it : would prefer short mainly if I had to. the pair has been largely between 2.2 and 2.3 for the last 3 months so 2.3 is not really a brave call from GS. If trading short term (1 to 2 days) then shorting it now for a target around 2.16 looks like a potential trade.

cheers
vik
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Jan 8, 2010 14:52
In Thread: EUR Trade Index 18-Year Chart
Fed probability of rate increase diminishes further with the NFP at -85k. The USD rally from Dec 4 started by the previous NFP looks to have ended with the latest negative NFP. However confirmation needed over the next couple of days.
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Dec 31, 2009 20:30
In Thread: Ashraf's Book: Currency Trading and Intermarket Analysis
Ashraf,

whats you view on EURNZD - at 1.97 - I am tempted to buy if it holds this level next week

thanks
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Dec 29, 2009 0:27
In Thread: Euro's Third Down Leg
I think Yen strength and the Nikkei weakness is just round the corner - maybe in the next few days.
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Dec 28, 2009 2:08
In Thread: Euro's Third Down Leg
Euro down trend looking to accelerate, however solid support zone in the 1.39 to 1.43 area - market historically likes that zone - so look for some range trading there. a short term bounce to 1.4480-1.4500 maybe a good area to short if you are not already.
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Dec 23, 2009 15:05
In Thread: Dollar Sobers Up Despite Fed PunchBowl
Good Luck Spec
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Dec 23, 2009 13:09
In Thread: Dollar Sobers Up Despite Fed PunchBowl
okay - but i am quite sure you have been calling for a dollar rally for 5 months or more and I also suspect you do not trade any of your theories you put out - or else you'd be out of pocket on the long dollar trade you have been advocating for 5 months
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