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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
New Zealand
Posted Anonymously
14 years ago
Mar 23, 2010 8:28
In Thread: Commodity FX (CAD AUD NZD NOK)
ING - 9100 held yesterday so can hold again - will depend how equities play out. However, the AUDUSD ATR on the daily charts is at an annual low- signalling that volatility (hopefully downside) is just round the corner.
Betting against the Aussie over the last year has been a difficult game to play.

nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 23, 2010 7:47
In Thread: Commodity FX (CAD AUD NZD NOK)
With you on this INGbalek - but in from 9162 - will get out of trade if it does not take out 9100 by US close today. Needs to break 9100 to confirm bearish structure. If it does, I plan to bring SL to 9190 (high of yesterday)

If it takes out 9250 on the upside then the bullish structure from Feb 5 continues with further gains - in my opinion.

GL
nzvik
New Zealand
Posted Anonymously
14 years ago
Mar 23, 2010 1:56
In Thread: Commodity FX (CAD AUD NZD NOK)
Aussie is at crossroads - could go either way dependent on risk environment. My bias at this stage is downwards, may short before Europe open with a stop at 9250
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 19, 2010 11:04
In Thread: AUDNZD Looking for a Turn
could be because copper and gold are holding well and Shanghai composite was positive for the day
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 19, 2010 8:41
In Thread: EUR
let it first reach 1.38 (doubtful) then the market will tell you if it wants to go further up or back down
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 19, 2010 0:37
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
looking for one last push to the 1135 area in the next day or two - to take a short position, however 1135 may not come if usd strengthens
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 18, 2010 12:13
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
usdcad is probably not the best instrument for usd bulls - better to look at usdchf as the SNB is always happy to push chf lower
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 18, 2010 12:11
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
oil may drop while cad may strengthen - it seems a Canadian rate rise is being priced in
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 18, 2010 11:56
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
agree with Asad on oil- looking a good short candidate. may make another charge towards 83 before tumbling below 80 and possibly lower towards mid 70s
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 18, 2010 1:54
In Thread: GBP
1.5350 is due to the PPPT - pound plunge protection team - this is a new outfit - recently put together.

Some of these guys have been active since 1.4785 - seem to be doing a good job so far, wonder how long they will be able to hold it.
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