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85 Posts Total by "rezz":
77 Posts by member
Rezz
(Vancouver, Canada)
8 Posts by Anonymous "rezz":
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Rezz
Vancouver, Canada
Posts: 53
11 years ago
Mar 11, 2013 8:03
In Thread: JPY
I've heard from past research that Japanese corporates year end is March 31st.. Any thoughts on how much that could affect the yen decline?
Rezz
Vancouver, Canada
Posts: 53
11 years ago
Mar 8, 2013 9:23
In Thread: Commodity FX (CAD AUD NZD NOK)
Going short AUDJPY at 98, open target.. Historically market correction in S&P brings this pair down quickly, just not sure if it will come from the JPY or AUD portion vs the USD?
Rezz
Vancouver, Canada
Posts: 53
11 years ago
Feb 28, 2013 23:09
In Thread: Commodity FX (CAD AUD NZD NOK)
AUDUSD reversal from 1.0290 top last night not looking good.. What happened to Gold seems to likely want to happen to the Aussie as well (Ashraf also saying negative CAPX spending results last night not a good sign), i.e. it will collapse under its own weight, before any stabilization and resumption in USD weakness.
Rezz
Vancouver, Canada
Posts: 53
11 years ago
Feb 25, 2013 21:50
In Thread: JPY
The commodity crosses against the JPY were looking very toppy last week and today didn't disappoint. Lesson for those new to forex.. dont chase the market when the big move has already happened and dont use much leverage because the brokerages know the distribution of margins and positions in leveraged accounts and how they can close you out in a hurry! Today's deleveraging in JPY crosses was classic after yesterdays news announcement regarding a dovish BOJ head.
Rezz
Vancouver, Canada
Posts: 53
11 years ago
Feb 22, 2013 19:41
In Thread: Commodity FX (CAD AUD NZD NOK)
Any thoughts anyone on the commodity pairs against the JPY? They all look way over extended, and CAD/JPY seems like it is going to roll over soon!
Rezz
Vancouver, Canada
Posts: 53
12 years ago
Jun 29, 2012 0:56
In Thread: Commodity FX (CAD AUD NZD NOK)
AUDCAD has been steadily rising from 0.99s to now at 1.0365ish, at the same time yield differential has narrowed and aussie rates wont be going up anytime soon.. In poor economy and risk selloff, Aussie lags CAD. In good economy BOC will raise rates before any changes by RBA.. A no brainer short if you can handle the short term volatility!
Going short in AUDCAD at 1.037 for 1.0150s target.
Rezz
Vancouver, Canada
Posts: 53
12 years ago
Apr 27, 2012 19:55
In Thread: GBP
GBPUSD pullback may come, more likely powered by short covering in EURGBP. For longest time most analysts have been picking 0.8050 as target in EURGBP (likely why sterling has been on a tear), and I wouldnt be surprised to see the opposite happen now and EURGBP to get back above 0.82's before any resumption of downtrend?!!
Rezz
Vancouver, Canada
Posts: 53
12 years ago
Apr 20, 2012 3:00
In Thread: Commodity FX (CAD AUD NZD NOK)
NZD/USD looks like its ready to break that 200 pip range its been keeping since early march... I Like the downward break, but hedging with a short USDCAD in case there is short term risk on...
Rezz
Vancouver, Canada
Posts: 53
12 years ago
Apr 12, 2012 22:09
In Thread: Commodity FX (CAD AUD NZD NOK)
Rally in risk with AUDUSD as usual cheerleader looks unconvincing. A pair like AUDNZD not holding onto overnight highs at 1.2650s after great Australian jobs data is saying something. Fundamentals relative to NZD tilt in favor of AUD, the latter stalling around previous 1.0440s congestion area. IMHO todays rally looks like a head fake, as retail positioning seems to have tilted to long for AUD and CAD implying more aggressive losses if Chinese GDP disappoints tonight.. Any thought?
Rezz
Vancouver, Canada
Posts: 53
12 years ago
Feb 29, 2012 0:57
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
Thanks DaveO.... either way volatility should pick up soon.
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