NZDUSD Discussion

NZD - likely gain next wk as all data are coming in positive side and they will leave a hawk statment at next wk int rate statement

anyidea where NZDUSD is heading...[ Target price to come out of short]
looks like 7562 holding strong. likley bounce from that ... thiking of coming out ..

Hmm, I'm looking at buying from dip ... Still rooms for some dropping. Most probably a nice period for long entry..... . Looking for rebouncing at 78xx, so tp 7800. I'll wait for the dip, if cannot then entry at 7600-7650.

If BOJ reduces INt rate , allmarkets will stabilize, particularly Nikkie and carry trades.-

Maybe drop to 0,73 first...after i beleive retrace to 0,79

Best Regards,
Marcelo Marques

retracement is on way, but very difficult to predict TP, any ideas?

i'm going long
tp 0.779, sl 0.755

best regards

channle top is 79xx, and if equity rebounds which i think it will at least for short term as per Meril Lynch, then 79xx is possible, i am long as well ,

Does anyone think this pair will break up above 797???

Just went long with the daily break, with a tight SL. Lets see what happens. Best wishes!

Is nobody else long this pair? I am still holding since the breakout on the daily. Looking goooood so far.

Looks like you are going to hit 8090 today. Nice trade!

Yeah, I think I will close it before the weekend and consider reentering later. This one was easy to see, I wish they were all like that! Making a kiling on USDCHF too! Real trend there for those on the longer terms.

Looks like N/U reached a major major high (highest ever at least on year and a half chart I have here) and it rose 600 pips or so which is a bit more than E/U recently (I see 1,300 pips of rise total also) but the exchange rate is twice smaller almost so this change is like huge. Maybe a time for some nice a few hundred pips retrace triggered by a smaller one in E/U ?

Could be, but why searching for shorts when it's going up?

Looking bullish on daily chart here. Seems like a pattern in development. Longs target 0.8100

NZD interest rate announcement tomorrow. Expected to remain at 8.25%.

View past market reaction to NZD interest rate announcements:

http://www.forexnewspatterns.com/nzd_interest_rate.html

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Let me bring this thread back to life. What do you guys think ?

It appears to be heading down again from its retrace.