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NZD/USD

  • #13,441
  • May 6, 2019 12:22am May 6, 2019 12:22am
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  • #13,442
  • May 6, 2019 1:02am May 6, 2019 1:02am
Come on...Must go up now.
  • #13,443
  • May 7, 2019 12:19am May 7, 2019 12:19am
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  • #13,444
  • May 7, 2019 11:50am May 7, 2019 11:50am
RBNZ decision later, could be dovish
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Don't Worry Be Happy
  • #13,445
  • Edited 6:00pm May 7, 2019 5:25pm | Edited 6:00pm
Quoting MrPresident
RBNZ decision later, could be dovish {image}
Why do you think it might be dovish? despite that it was dovish in march of course.
  • #13,446
  • May 7, 2019 7:01pm May 7, 2019 7:01pm
Quoting DaveX
{quote} Why do you think it might be dovish? despite that it was dovish in march of course.
Rate cut
Don't Worry Be Happy
  • #13,447
  • May 8, 2019 12:19am May 8, 2019 12:19am
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  • #13,448
  • May 8, 2019 3:13am May 8, 2019 3:13am
NZD Cut happened as expected and I would still continue to hold on to shorts vs the dollar.

There issue is not as big as aud but there data has been terrible and a mixed. I think it will retest the low from last night before friday.

I think we should be happy it didnt fly up when it was announced as the move was pretty much priced in.
  • #13,449
  • May 8, 2019 5:01am May 8, 2019 5:01am
Quoting Fxtrader92
NZD Cut happened as expected and I would still continue to hold on to shorts vs the dollar. There issue is not as big as aud but there data has been terrible and a mixed. I think it will retest the low from last night before friday. I think we should be happy it didnt fly up when it was announced as the move was pretty much priced in.
NZD will be sold if there is still risk-off on the market due to trade war
Don't Worry Be Happy
  • #13,450
  • May 8, 2019 2:30pm May 8, 2019 2:30pm
Quoting riclater211
{quote} Hey All, Ok so end of week ends with price spiking up to my trend line but not making it through. According to my trade Triangle, price is seriously getting crushed. Price has a 50ish pip open to close level and getting smaller. I really do not have a reason to adjust my trade boxes so it is a wait and see next week. Have A Great Weekend. - Ric {image}
Hey All,

Price spiked into my Short side trade zone but did not stay there. I moved the trend line to the new low. Still a downward bias. Waiting for price to get there.

- Ric
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Be humble or get humbled
  • #13,451
  • May 9, 2019 2:25pm May 9, 2019 2:25pm
Quoting riclater211
{quote} Hey All, Price spiked into my Short side trade zone but did not stay there. I moved the trend line to the new low. Still a downward bias. Waiting for price to get there. - Ric {image}
Hey All,

It has been a scalpers market as of late. Still waiting for something to give.

- Ric
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Be humble or get humbled
  • #13,452
  • May 9, 2019 7:17pm May 9, 2019 7:17pm
Any one know why rate cut but NU still going up?
  • #13,453
  • May 9, 2019 7:35pm May 9, 2019 7:35pm
It is because of the trade tensions between US and China. All commodities pairs are moving up because a trade deal will most likely pass today.
  • #13,454
  • May 10, 2019 12:36am May 10, 2019 12:36am
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  • #13,455
  • May 10, 2019 2:36am May 10, 2019 2:36am
Quoting MrPresident
{quote} NZD will be sold if there is still risk-off on the market due to trade war
I agree but I'm not sure how much downfall there will be depending on what else their data is like.

They need to allow more private investment into NZ.
  • #13,456
  • May 10, 2019 7:03am May 10, 2019 7:03am
I think personally, that we will see a big move up for Wave 3 or Wave C
target between 0.7063 - 0.7307
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  • #13,457
  • May 13, 2019 6:32am May 13, 2019 6:32am
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  • #13,458
  • May 13, 2019 3:54pm May 13, 2019 3:54pm
Quoting riclater211
{quote} Hey All, It has been a scalpers market as of late. Still waiting for something to give. - Ric {image}
zzzzz
Be humble or get humbled
  • #13,459
  • May 15, 2019 2:33pm May 15, 2019 2:33pm
Quoting riclater211
{quote} Hey All, It has been a scalpers market as of late. Still waiting for something to give. - Ric {image}
Hey All,

OK, price is still creeping downward. It is getting really crushed. Downside potential is looking good. Just waiting for that break.

- Ric
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Be humble or get humbled
  • #13,460
  • May 17, 2019 12:16am May 17, 2019 12:16am
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