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by Ashraf Laidi
Posted: Jul 2, 2009 13:15
Comments: 108
View Hot-Chart
This thread was started in response to the Hot-Chart:

NZDUSD Eyes Sub-0.63

 
 
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Forexwolf
Auckland, New Zealand
Posts: 39
15 years ago
Jul 6, 2009 20:18
Hi Ashraf

Are you still sticking to your guns on 0.617 for NZD, 1.58 for GBP & 1.378 for EUR before the trend reverses up?
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 6, 2009 9:37
Gunjack, i still await that 0.6170 target for NZDUSD, 1.18 for USDCAD (later this week). Oil targets 60 this week.

Ashraf
Gunjack
London, UK
Posts: 1184
15 years ago
Jul 6, 2009 8:36
Hi Ashraf - 2 questions if I may

1. Do you believe NZDUSD is still allowing further opps to short. Currently at 0.6256

2. As oil has now broken through 65 ( as predicted by you) where do you see the next level of major resistance as long as the mkts keep tumbling.

Thanks
Gunjack
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 3, 2009 14:13
cappy, cougr, RBNZ wants a lower NZD so it could be one of the first currencies to weaken vs USD and JPY at the next leg down in equities. 0.6170 seesm to be the next key major support.

Ashraf
cougr
Australia
Posted Anonymously
15 years ago
Jul 3, 2009 14:00
Ashraf, he's (RBNZ chief)definitely keen on keeping rates down and apparently he's concerned that the swine flu will severely impede economic growth .
Cappy
United States
Posts: 19
15 years ago
Jul 3, 2009 13:22
Hi Ashraft,

Do you think NZD/USD will hit 0.6170 soon?

Thanks,
Cappy
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 3, 2009 10:20
Cougr, interesting how RBNZ chief continues to tell markets he expects NZD to be markedly lower nexst year.

Ashraf
cougr
Australia
Posts: 101
15 years ago
Jul 3, 2009 1:48
Any further cuts to official interest rates ,which now seems very likely ,and this pair (NZDUSD) as well as other NZD crosses will fall quite markedly from current levels.
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