Forex Factory (https://www.forexfactory.com/)
-   Interactive Trading (https://www.forexfactory.com/forum/137-interactive-trading)
-   -   NZD/USD (https://www.forexfactory.com/thread/249161-nzdusd)

XTrade Aug 6, 2010 2:48am | Post# 1

NZD/USD
 
Hello All,
This pair needs a thread for live discussion and I could not find one so,
Here we go!

(Shout to Jimobiwan - Thought you would have started it already!)

Somewhat of a temporary top formed around .7350 and after multiple attempts at the level, Some poor employment data (higher unemployment than forecast) helped derail the rising trend for the Kiwi this week.

Falling over 100 pips the pair found some support at 7250.

The LTL from 6800 rise is still intact and another attempt at 7400 may prevail should the line hold, in addition we are ahead of the NFP, which may push the USD further down. We will see tomorrow.

There may be a long in here but I am just watching Kiwi as of now.
Welcome!
Hope to see you here.
XTrade

Baby Kiwi Bird of NZ
http://www.cbc.ca/gfx/pix/kiwibird_cp_3376213.jpg

XTrade Aug 6, 2010 3:00am | Post# 2

VERY QUICK
 
1 Attachment(s)
Channel Chart
Click to Enlarge

Name: KIWI_channel_aug_6.GIF
Size: 237 KB

XTrade Aug 6, 2010 3:32am | Post# 3

1 Attachment(s)
Here is another chart leading up to now.
After the double bottom on daily.

Aussie broke a symmetrical triangle before and is rising at current.

Would like to see a pop, yet this pair can move very slowly sometimes.

Edit:
The charts are fairly naked and I am not using my regular ones. (New account) Sometimes it is nice to strip everything away and start
analysis with just a few definitive lines.
Click to Enlarge

Name: Kiwi+further look back.GIF
Size: 261 KB

uncle gromit Aug 6, 2010 3:55am | Post# 4

1 Attachment(s)
Hi XTrade,

Nice harmonics on the weekly. NFP 2day. I will be interested to see where we close.
Click to Enlarge

Name: nzd2.gif
Size: 22 KB

Phonetic Aug 6, 2010 10:55am | Post# 5

short
 
1 Attachment(s)
breaking lower DTL...
Click to Enlarge

Name: chart8.gif
Size: 22 KB

rahulkghosh Aug 6, 2010 11:09am | Post# 6

Hello All,
This pair needs a thread for live discussion and I could not find one so,
Here we go!

(Shout to Jimobiwan - Thought you would have started it already!)

Somewhat of a temporary top formed around .7350 and after multiple attempts at the level, Some poor employment data (higher unemployment than forecast) helped derail the rising trend for the Kiwi this week.

Falling over 100 pips...
awww. that's such a cute bird.

Phonetic Aug 6, 2010 11:09am | Post# 7

1 Attachment(s)
actually, it looks as if it's already been broken and just went up for the retest, nice fall at the apex:
Click to Enlarge

Name: chart8.gif
Size: 15 KB

XTrade Aug 6, 2010 1:29pm | Post# 8

I love that bird! It has no wings and is endangered...

awww. that's such a cute bird.

XTrade Aug 6, 2010 1:30pm | Post# 9

I'll take another look,

my charts were not perfect, I am getting used to the charting on TS2.

actually, it looks as if it's already been broken and just went up for the retest, nice fall at the apex:

XTrade Aug 6, 2010 1:40pm | Post# 10

Hi,
Aussie and Kiwi didn't get much help from the NFP. Trying to see what else may be going on in the background..

Hi XTrade,

Nice harmonics on the weekly. NFP 2day. I will be interested to see where we close.

XTrade Aug 6, 2010 2:45pm | Post# 11

OK, this is what I got,

Risk Aversion, Commodities, Oil, base metals
ie: "Copper Declines for Second Day as U.S. Jobs Report Dims Outlook for Demand -"

Gold actually rose and is complicated during these inflation / jobs reports.

Platinum, Palladium, Crude, CU, Natgas Down, which can affect currencies from commod exporters when investors look to evade risk

"Agriculture and horticulture, forestry, fisheries, energy and minerals are the primary natural resources of New Zealand. The most valuable of these product groups, providing a high proportion of New Zealand's export earnings is agriculture and horticulture which incorporates the production of sheepmeat, beef, wool, dairy produce and hides, deer, goats and cereal products. In fact, agricultural products total more than 50% of all New Zealand exports."

So livestock, dairy, beef, and lumber should be good barometers for this pair at times.

Actually - just checked Lumber for Sept delivery is down $5.50

I am fairly new to KIWI trading. Still learning. If anyone who is more experienced in this pair would like to add please do.

Aussie getting a nice pop here before weekend. Kiwi slightly

uncle gromit Aug 7, 2010 11:12am | Post# 12

OK, this is what I got,

Risk Aversion, Commodities, Oil, base metals
ie: "Copper Declines for Second Day as U.S. Jobs Report Dims Outlook for Demand -"

Gold actually rose and is complicated during these inflation / jobs reports.

Platinum, Palladium, Crude, CU, Natgas Down, which can affect currencies from commod exporters when investors look to evade risk

"Agriculture and horticulture, forestry, fisheries, energy and minerals are the primary natural resources of New Zealand. The most valuable of these product groups, providing a high proportion...
I'm not a funny mental person. Purely technical for me. Can't say much more. Just the chart looks like price is stalling.

Gollum99988 Aug 7, 2010 12:53pm | Post# 13

first post
 
Hallo to everybody

I'm new on forex factory. I'm trading forex like 2 Jears now,english is not my mother lenguage so sorry for all my foults.
That's way I'm gonna make videos that you can understand me better :)

Inserted Video


Pickensrulz Aug 9, 2010 6:35pm | Post# 14

Kiwi is ready for a big break. It is finishing consolidating in a wedge formation and will break out soon, FOMC will trigger a break out more than likely.

Sell Below 7245 or Buy Above 7344 will be the trade.

i wanted a break higher but it appears to want lower.
short at 7259

Pickensrulz Aug 10, 2010 9:55pm | Post# 15

Kiwi is ready for a big break. It is finishing consolidating in a wedge formation and will break out soon, FOMC will trigger a break out more than likely.

Sell Below 7245 or Buy Above 7344 will be the trade.

i wanted a break higher but it appears to want lower.
short at 7259
Kiwi could not close about 7245 after FOMC. It couldn't even get past the tip of the wedge at 7280. This is very negative for this pair. I expect .70xx this week.

Phonetic Aug 11, 2010 10:53am | Post# 16

1 Attachment(s)
need this 4HR bar to close below the TL for more shorts...so far looking good:
Click to Enlarge

Name: chart3.gif
Size: 17 KB

Gollum99988 Aug 11, 2010 11:08am | Post# 17

And already second target is touched, but when it shuld drop to the third target than I would be looking for long (+100 pips) becouse I think there is some support

(ale to jest forex wiec wszystko moze sie wydarzyc)

Srikanth Aug 18, 2010 6:40pm | Post# 18

News in 5 mins.. Are we going down from here?

AllDayIrish Aug 18, 2010 7:17pm | Post# 19

News in 5 mins.. Are we going down from here?

Barely a blip around news time. I believe we're heading down. GLTY

Astroman Aug 18, 2010 8:02pm | Post# 20

Barely a blip around news time. I believe we're heading down. GLTY
yeah I thought we would see a bit of a jump on that even if it didn't last long. Could the drop in the EUR/USD be holding this back some?

Gollum99988 Aug 28, 2010 8:52am | Post# 21

so my call that this pair want to go 100 pips up was right

Naseri13 Sep 7, 2010 10:22am | Post# 22

http://www.forexrainbow.com/files/p8...76quitjibu.gif

Robot Sep 8, 2010 2:32pm | Post# 23

1 Attachment(s)
i think for me is a 50 pip potential tp is at 7271.ill sit in the corner and pray :=)
Click to Enlarge

Name: nzdusd.gif
Size: 25 KB

Naseri13 Sep 16, 2010 4:35am | Post# 24

http://www.forexrainbow.com/files/sn...03ig7b8uuu.png

booney Sep 16, 2010 11:11pm | Post# 25

I've decided to go long at 0.7265 with a stop loss at 0.7205.

booney Sep 19, 2010 8:25pm | Post# 26

I've decided to go long at 0.7265 with a stop loss at 0.7205.
Sorry I didnt post this live.
I moved my SL to BE when price was at 0.7315 and have now been stopped out for BE.

I have now reversed and gone short at 0.7259 with a stop loss at 0.7335

joesen Sep 19, 2010 9:31pm | Post# 27

i like KIWI so much,

pending short 0.7288,
SL0.7321.
TP0.7178

need-help Sep 19, 2010 9:59pm | Post# 28

long
 
I went long at 7262. First target 737X. TP2 751X.

Good luck to all

Naseri13 Sep 20, 2010 6:36am | Post# 29

I went long at 7262. First target 737X. TP2 751X.

Good luck to all
NZDU H1 look at past 8 chandles

http://www.forexrainbow.com/files/oc...z9kd7jrl1w.gif

Naseri13 Sep 20, 2010 6:37am | Post# 30

i like KIWI so much,

pending short 0.7288,
SL0.7321.
TP0.7178
If you have any chart on this pair please show our.

Naseri13 Sep 20, 2010 6:54am | Post# 31

My view

http://www.forexrainbow.com/files/z7...esoiw5qhlw.gif

Naseri13 Sep 20, 2010 6:56am | Post# 32

My view
Any comment

http://www.forexrainbow.com/files/rs...9dcsl6uijl.gif

zerograviti Sep 20, 2010 8:09am | Post# 33

My personal opinion is to go long TP 7390,SL 6960.Maybe or i am wrong?

zerograviti Sep 20, 2010 8:13am | Post# 34

1 Attachment(s)

Click to Enlarge

Name: fibextretracment1.gif
Size: 24 KB

Pickensrulz Sep 21, 2010 2:11pm | Post# 35

A break of above 7330 or below 7249 will be very important.
Straddle current price, this should be a money maker.


For those who don't know, kiwi leads the broader forex market (loonie too).

Pickensrulz Sep 21, 2010 2:25pm | Post# 36

Kiwi rose and hit a wall at 7330.

It looks to me like this could reverse down from here.

Short at 7325, with a SNR at 7345

zerograviti Sep 22, 2010 6:56am | Post# 37

1 Attachment(s)
I think if brake happen at 1.7394 would go all the way to 1.7650.But again i am so glad i was right for yesterday 96 pips!
Click to Enlarge

Name: 4h.gif
Size: 32 KB

redsword11 Sep 22, 2010 5:49pm | Post# 38

1 Attachment(s)
Click to Enlarge

Name: kiwi.jpg
Size: 73 KB



Red

need-help Sep 22, 2010 6:00pm | Post# 39



I went long at 7262. First target 737X. TP2 751X.

Good luck to all

redsword11 Sep 22, 2010 6:39pm | Post# 40

1 Attachment(s)

Click to Enlarge

Name: entry south.jpg
Size: 95 KB


© Forex Factory