Forum > View Topic (Hot-Chart)
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

 
Gunjack
London, UK
Posts: 1184
15 years ago
Jul 23, 2009 20:03
@forextrader good point mate it needs to hold/close 65.90-66 region before would consider going long, otherwise is a bearish signal. I read NZ central bnk looking to cut rates by 50bp at next meeting, can't say how reliable news that is though
forextrader
vologda, Russia
Posts: 127
15 years ago
Jul 23, 2009 19:57
Hello Gunjack

If the pair end the day below 0.66 then I see double top formation.. very barish I will be inclined to sell the pair rather than buy . with stop loss above 0.665

Good luck
Gunjack
London, UK
Posts: 1184
15 years ago
Jul 23, 2009 19:50
NZDUSD looking like an attractive buy above 66, can see it heading towards its res level of 68.4...anyone else with long/short term views on this pair?
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 15, 2009 21:23
Mojo. good qustion. and the answer lies in my repeated calls to sell AUDNZD towards 1.2330s/ AT these levels: w/ AUDNZD nearing key support, it suggests that theres more downside left in NZDUSD but frankly it does not matter at these levels. BUt AUDJPY is slightly the better short than NZDJPY

Ashraf
Mojo
United States
Posted Anonymously
15 years ago
Jul 15, 2009 18:37
Hi Ashraf,

Curious here: between the NZDUSD and the AUDUSD, which one is a better short at these high levels?

Thank you,

Mojo.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 15, 2009 18:17
H&S in Dow and S&P http://twitpic.com/ag1xz

Ashraf
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 15, 2009 17:14
Morgan, It';s all bout the equity-driven gains.. Since Tokypo was flat ovnight, this rally is strong enough for further USD losses into Nikkei session. AUD, NZD eye 0.8090s (Trend line resistance from June 3rd), 0.6530s (triple top).

Ashraf
J. Morgan
United States
Posted Anonymously
15 years ago
Jul 15, 2009 17:08
Hello Ashraf,

My oh my! Is there an end in sight for these sudden gains in NZDUSD? It is eyeing .6500 here and there is nothing in the way till .6542? Shall we expect this rocket to keep shooting past 0.6500?

What is driving this Huge 48 hour move? Please share your thoughts.

Thanks,

Morgan.

P.S> AUDCAD short = very nice today.
Gunjack
London, UK
Posts: 1184
15 years ago
Jul 15, 2009 13:59
NZD eyeing up 65 against USD surely it can't be just the news about the earthquake
cougr
Australia
Posts: 101
15 years ago
Jul 15, 2009 13:27
All that I know is that both currencies have gained relative to the dollar since the news.