AUDNZD Looking for a Turn

thanks mont - enjoy your time off - will take care of the Poms at the world cup .............. soccer in SA !

AUDNZD had a big down day - if you have the stomach - hold on till wed March 10, 3 pm ET - RBNZ rate decision - doubt rate increase - but tone could be hawkish citing the now large difference in cash rates from aus.

good luck all - have a good weekend - i am off for some aussie bashing on the cricket field today.

To Mr. rkkasshmir ,
Did I recently see you on Bloomberg TV?
Or was that you on CNBC? No maybe it was Al-Jazeera? I think maybe it was BNN? Let me recall - maybe Cantos? No, it's coming to me again it was your highly regarded book on Amazon? No that wasn't it, you were one of the speakers at the 3 guru's seminar? I remember it was on Fari Hamzei's website? No I am sorry I was way off base - you are the one that gives us insightful daily analysis based on a blend of fundamental & technical analysis. That's right you are the biggest risk taker of all. Before economic & political events occur you are the Man sticking your neck out and you do this all for free!

Mr. rkkasshmir, you will only hear from me once, I will never write directly to you again. We are men & women doing our best to learn the business of Forex. We follow a man who has our respect and the respect of the business world. We know that he is not infallible but on the whole he does one hell of a job. You on the other hand come off like a whining woman, why don't you give it a rest and try learning something? You certainly aren't teaching me anything.

Exaustion indeed. AUDNZD to test 1.30 as NZD strength broadens. 81.40 oil, 1140 gold are the closing levels needed for the week in order for USD losses to extend. But key benchmark for USD weakness is EUR strength which has yet to retest 13770 prelim resistance..


Ashraf

AUDNZD rally shows signs of exhaustion. First support 1.3020 then 1.2950.