NZD/USD

Pretty much a hit the stops fest. Only people buying this level are the stops.

May continue for a while who knows but it seems to be at a point where the punches up....caused by stops from the looks of it....seems to maybe be slowing.

Or it goes up to shake hands with Jesus himself. Hanging with my short though for now.

NZD weak USD strong.....SHORT NZDUSD

Well maybe old Conor is up against the cage and ready for the next blow.

Lets see what next week brings.

Cheers.

NZD just brutally strong. Has to consolidate at some point. Maybe now.

Yeah NZD WAS strong....at moment it needs a break and H1, H4 e D1 TFs say this

Credit card spending was down and retail sales out in minutes. Expect it to be week and more reason to be a seller.

IMHO AUD e NZD are WEAK so i opened these 2 basket.... we will see

Those retail sales are going to give somebody a bad day. I would wait to see what Orr says later this week.

Stopped both @ +25

My sell at 0.6970 was triggered but I now see a rising three methods candlestick. Not sure what will happen.

Anyone have an idea why NZD is so bullish today? Thanks.

You got it backwards... Strong, it means the currency is deflated not weak which means inflated currency. These terms are confusing.

Calling this the bitcoin of currency.....Bit nutso. Ride on bully

I keep waiting for it to cool off or retracement for a good entry, but it never happens. Straight line up.

Hoping to see a shooting star at daily today..

Looks like we've established above the support level... I expect the price to go the nearest resistance at 0.7

Hey anyone trading this

took a short @ 0.70245

the rally in AUD and NZD is reminiscent if the post 2008 financial crisis where AUD got as high as 1.10 and all the retail bank advisors are pitching to people about higher yields in AUD and NZD deposits.....

lots of grandma and grandpas got tricked into buying into the AUD and NZD Hype train to eventually get hurt when AUD and NZD began to fall without any breather to literally the lows we experienced in March 2020.....

only thing is.... AUD and NZD doesnt really have the backing of China this time around..... its not like China is in any mood to really be collaborative at the moment.... Look at that RECP free trade agreement.... china and australia signed it yet China is banning australian coal, meat, wine imports....

only people buying AUD and NZD are fund managers whos desperate to find yields.... so desperate that they would even invest in China just for the higher yields with potential to have difficulty to withdraw out of china....

You must watch the levels of 0.70000 for a possible reversal.

best trade of the week , NU is strongly bearish .. so sell sell sell sell and recover your life all losses