NZD/USD | Page 242 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

NZD/USD

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

Milking 4 pairs AUD/NZD, EUR/GBP,NZD/CAD & AUD/CAD for a living 38 replies

Gbp/nzd,gbp/usd,nzd/usd analysis 3 replies

trading gbp/nzd with nzd/usd overlay 6 replies

NZD/JPY AUD/NZD basket 3 replies

Attachments: NZD/USD
Exit Attachments

NZD/USD

  • #4,821
  • Apr 21, 2014 5:58am Apr 21, 2014 5:58am
New Zealand Rates

The New Zealand dollar was little changed at 85.84 U.S. cents, holding a 1.2 percent drop last week, the biggest since the five days to Jan. 31.
All 15 economists in a Bloomberg survey expect the Reserve Bank of New Zealand to raise its official cash rate by 25 basis points to 3 percent at the April 24 meeting. The central bank increased borrowing costs by a quarter percentage point last month.
“The issue with New Zealand is that this forthcoming interest-rate tightening cycle is fully priced in,” Annette Beacher, the Singapore-based head of Asia-Pacific research at TD Securities Inc., said in a Bloomberg Television interview. “The Reserve Bank in March was extremely clear that 125 basis points of tightening is coming this year.” - Bloomberg http://www.bloomberg.com/news/2014-0...iwi-rises.html
  • #4,822
  • Apr 21, 2014 8:22am Apr 21, 2014 8:22am
Quoting giveachance
{quote} davit please stay away and let shorts succumb over longs.
Now I regret exiting my awesome positions early....
In trading, you have to be defensive and aggressive at the same time
  • #4,823
  • Apr 21, 2014 8:24am Apr 21, 2014 8:24am
Quoting Chanlie
{quote} Don't worry Davit...
Don't have positions yet but watching keenly
In trading, you have to be defensive and aggressive at the same time
  • #4,824
  • Apr 21, 2014 8:27am Apr 21, 2014 8:27am
Quoting SaiLyfee
New Zealand Rates The New Zealand dollar was little changed at 85.84 U.S. cents, holding a 1.2 percent drop last week, the biggest since the five days to Jan. 31. All 15 economists in a Bloomberg survey expect the Reserve Bank of New Zealand to raise its official cash rate by 25 basis points to 3 percent at the April 24 meeting. The central bank increased borrowing costs by a quarter percentage point last month. “The...
When NU was at 84 I thought last interest rate hike was priced in as well but it shoot up almost to 88
So I dismiss "priced in" markets can act unexpectedly.
In trading, you have to be defensive and aggressive at the same time
  • #4,825
  • Apr 21, 2014 8:38am Apr 21, 2014 8:38am
Quoting Davit
{quote} When NU was at 84 I thought last interest rate hike was priced in as well but it shoot up almost to 88 So I dismiss "priced in" markets can act unexpectedly.

Who is determining that interest rate is already "priced in". Who is deciding to public that information to retail traders?
There is a winner and a loser, nothing in between.
  • #4,826
  • Apr 21, 2014 8:56am Apr 21, 2014 8:56am
Quoting buytosell
{quote} Who is determining that interest rate is already "priced in". Who is deciding to public that information to retail traders?
Bloomberg article for example and similarly I read so called Experts...using term priced in a lot.I learned to dismiss such notions until markets show if that's the case.
In trading, you have to be defensive and aggressive at the same time
  • #4,827
  • Apr 21, 2014 9:02am Apr 21, 2014 9:02am
Quoting Davit
{quote} Bloomberg article for example and similarly I read so called Experts...using term priced in a lot.I learned to dismiss such notions until markets show if that's the case.
Right...Bloomberg is trading too. Why would you listen them if you can look charts by yourself?
There is a winner and a loser, nothing in between.
  • #4,828
  • Apr 21, 2014 9:34am Apr 21, 2014 9:34am
Quoting buytosell
{quote} Right...Bloomberg is trading too. Why would you listen them if you can look charts by yourself?
Are you having reading issues?
Quoting Davit
{quote} Bloomberg article for example and similarly I read so called Experts...using term priced in a lot.I learned to dismiss such notions until markets show if that's the case.
In trading, you have to be defensive and aggressive at the same time
  • #4,829
  • Apr 21, 2014 10:04am Apr 21, 2014 10:04am
My lucky day, got in an add to shorts at 0.8581 lol

Gonna put more offers in 0.8595
Twitter: @TrendersGame
  • #4,830
  • Apr 21, 2014 11:43am Apr 21, 2014 11:43am
Quoting Citiboy
My lucky day, got in an add to shorts at 0.8581 lol Gonna put more offers in 0.8595
Lol.. your a lucky @@

i shorts twice but hit my SLs.. lol
to fast chance my stop..

your SL at?
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 38 KB
  • #4,831
  • Apr 21, 2014 12:07pm Apr 21, 2014 12:07pm
Quoting santuary123
{quote} Lol.. your a lucky @@ i shorts twice but hit my SLs.. lol to fast chance my stop.. your SL at? {image}

SL at 8650 for now
Twitter: @TrendersGame
  • #4,832
  • Apr 21, 2014 4:46pm Apr 21, 2014 4:46pm
Today's Bank of New Zealand Markets Wrap & Strategy
  • #4,833
  • Apr 21, 2014 5:25pm Apr 21, 2014 5:25pm
Quoting Davit
{quote} Bloomberg article for example and similarly I read so called Experts...using term priced in a lot.I learned to dismiss such notions until markets show if that's the case.
Yes I couldn't agree more, I saw exactly that happen too. It's total bs they use to keep unexperienced traders out of the game. With everybody expecting this rate hike I see NZ going higher..this time around we may actually hit 88+.
  • #4,834
  • Apr 21, 2014 5:28pm Apr 21, 2014 5:28pm
I think Nzd/Jpy may have more potential for an upmove (& carry) than Nzd/Usd if the BoJ hints at further easing to accomplish 2% inflation
  • #4,835
  • Edited Apr 22, 2014 6:56am Apr 21, 2014 5:46pm | Edited Apr 22, 2014 6:56am
Good sell zone for EURNZD
Attached Image (click to enlarge)
Click to Enlarge Name: eurnzdweekly.png Size: 46 KB
  • #4,836
  • Apr 21, 2014 6:30pm Apr 21, 2014 6:30pm
Hi Pabloski

EUR/NZ chart

I was in long 1.58 but got out to early

I prefer to long that chart only

nasty one to be on the wrong side of that pair.

But with NZ hiking rates again

GBP/NZ been a great earner also

I still got NZ/US longs from 0.85+ thinking maybe 0.88

Carrying a couple lemons shorts 0.86 to 0.85
  • #4,837
  • Apr 22, 2014 12:11am Apr 22, 2014 12:11am
Weekly review from Westpac:
Quote
Heading into the countdown to the RBNZ’s OCR Review, last week delivered a downside surprise on inflation and another drop in dairy prices. However, this week we should get another instalment of ultra-strong net migration data.
Full pdf: Westpac Weekly Commentary April 22-25th​
  • #4,838
  • Apr 22, 2014 8:43am Apr 22, 2014 8:43am
I'm bullish on this pair. We can clearly see broken trendline on weekly and re-test of it. There is as well hidden divergence on daily timeframe. Last day candlestick was doji and now we're trading clearly higher. Everything points out on bullish scenario for NZD.

Regards,
Valentino
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 22.4 - NZDUSD - Daily.png Size: 50 KB
Click to Enlarge Name: 22.4 - NZDUSD - Weekly.jpg Size: 98 KB
  • #4,839
  • Apr 22, 2014 5:57pm Apr 22, 2014 5:57pm
Today's Bank of New Zealand 'Markets Wrap & Strategy' bank report

Quote
A combination of improved risk sentiment and a steady bid tone for the AUD helped the NZD higher. The kiwi underperformed the AUD, as investors remain braced for a slightly less hawkish RBNZ tomorrow morning. With the dynamics currently at play, we suspect that the NZD would receive a mild boost should the Bank fail to incorporate the high TWI into its policy statement.
Quote
Today’s local net migration and credit card data should not see much reaction from currency markets, which remain focussed on tomorrow’s RBNZ meeting. The main hurdle before that will be the HSBC China PMI
  • #4,840
  • Apr 23, 2014 12:03am Apr 23, 2014 12:03am
Planning Shorts
Green zone best 2x 618 2x 786 2x 886 fibs
Grey zone weak

Getting ready for Weds IR event
Either way I anticipate spikes
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd.h4.png Size: 48 KB
In trading, you have to be defensive and aggressive at the same time
4 traders viewing now