Forum > View Topic
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)
 
1...249250251252253254255256257258259260261262263...312
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Apr 13, 2010 23:51
FXT, if this aussie slide occurs as part of lower stocks & lower CAD, then we can see 1.0220s but still see lower AUDCAD.

Ashraf
FXT
london, UK
Posts: 13
14 years ago
Apr 13, 2010 22:34
Hi Ashraf, very nice work , thank you for your insights.
If the Aussie is to come under a bit of pressure are u thinking that the USDCAD could hold the parity level, and may be head toward 102/3 again? Do u have any views on USDCAD at this moment?

Thank you
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Apr 13, 2010 18:41
Latest IMT on Copper weighing on AUDUSD
http://chart.ly/96k956

Ashraf
nzvik
New Zealand
Posted Anonymously
14 years ago
Apr 13, 2010 5:17
thanks Callum, yes that could be the risk - but will wait for some confirmation after the dip before I enter. I am also mindful that with earnings season is on and the aussie has an almost 0.9 positive co-relation with the S&P.
Reaction on stocks post Intel earning after the close will help me decide if I enter on the long side

your audjpy short looks promising - Yen strength could be the flavour for the next few days.
Callum
Singapore, Singapore
Posts: 179
14 years ago
Apr 13, 2010 5:05
@nzvik - this would be the 3rd time (Nov, Jan, and this week) we have AUDUSD went over 93, failed above 94, and subsequently pushed lower. There seems to be something about AUDUSD hitting above 93, when RBA and others come out dovish, and start to talk down on interest-rate expectations. I had some longs since last year, I closed out everything above 93, and now, totally sidelined right now. Initial thought for me is to re-consider LONG should AUDUSD breaks 94, in which case, I'd wait for a pull-back. In meantime, I am short on AUDJPY, with initial target of 85 and then see if it breaks below 84.80, and then target around sub-83 as next support.
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Apr 13, 2010 4:56
forextrader - you are right the technical structure on audchf looks more promising.
forextrader
vologda, Russia
Posts: 127
14 years ago
Apr 13, 2010 4:51
nzvik is sound good, but i prefer to long AUD/CHF at around 0.975
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Apr 13, 2010 4:32
thinking about taking an aussie long from 92 or thereabouts if it gets there tonight . Anyone looking at that or is everyone looking on the short side ?
jj
New Jersey, United States
Posts: 22
14 years ago
Apr 12, 2010 21:19
i meant 13780.
jj
New Jersey, United States
Posts: 22
14 years ago
Apr 12, 2010 16:57
do you think we close gap before it goes to your taRGET OF 13817?
Report Reply
1...249250251252253254255256257258259260261262263...312