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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:

Commodity FX (CAD AUD NZD NOK)

Discuss Commodity FX (CAD AUD NZD NOK)
 
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 2, 2010 0:14
poor, poor Westpac clients. Going long Aussie heading into about the worst kept secret ever, based on the WEATHERMEN and HOMER ANALYSTS at Westpac pounding the table, demanding their clients purchase aussie from them.

PUMP N' DUMP!!!!!
Pipster
birmingham, UK
Posts: 111
14 years ago
Mar 2, 2010 0:08
Ashraf,

Looks like you had already given the answer. Taken from your HOT Chart AUD/NZD........'Any upside is seen limited at 1.2945'.


Thanks
Eelman
Maine, United States
Posts: 93
14 years ago
Mar 1, 2010 23:29
I am thinking .9060 should be easily hit on the news and I may put a short order there. That coincides with the 120 day sma which was touched on the last spike up as well.
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 1, 2010 23:22
Ashraf,

I think - no hike. Aussie will decline then.

If they do hike - then expect a shoot up to the 92s in the next 24hrs provided risk appetite remains strong.

no trade on the aussie at the moment for me - may enter after rate decision.

Pipster
birmingham, UK
Posts: 111
14 years ago
Mar 1, 2010 23:14
Ashraf

With the Aud/NZD pair, to what level could the pair go to before coming down again - Thankyou
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 1, 2010 23:07
So guys what do you say about RBA tonight? Reuters poll has 12/18 analysis saying rate hike.

i see 70% chance they will hike, but 90% chance AUDUSD will be lower 24 hrs from now

Ashraf
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 1, 2010 23:01
Westpac HOMER WEATERMEN ANALYSTS are POUNDING the table to their clients, telling them this is their LAST chance to overpay for the overvalued Aussie before the RBA raises rates in 1-1/2 hours. Idiots, Aussie was at 0.88 three days ago when they were crying Aussie was headed to 0.85.

Can you say, "PUMP N' DUMP"!!!
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 1, 2010 21:04
Read my latest IMT on AUD

Rob, this is a tough one but it looks CAD will sustain its general upward tone unless the real data hits it on Thur & Fri US and CAN payrolls. long USDCAD and long CADJPY below 85.40 soudns decent. but consider saving firepower for pairs that matter like cable and aud/nzd.


Ashraf
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 1, 2010 16:49
I am flat gold as disclosed earlier. I am simply biding my time for the RBA-pranksters to continue working their magic. My SHORT ZONE in gold is 1123/1130.

I am slowly building a long USDCAD position.
chloethebull
Posted Anonymously
14 years ago
Mar 1, 2010 16:42
@pippedoff, what do u think of gold(shorts) at this level or are u waiting to see rba decision?also are u adding any usdcad..i might wait til we get under 1.0400...i coulda fliped my gold a bunch of times but im stickn with ashraf calls..ok gl