NZD/USD

Quoting Karpa

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{quote} USD still showing weakness BRN 0.72 may be possible

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Quoting Don96

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{quote} Hourly looks good... Divergence on MACD +H4... wonder if we can get back down to 0.706x or 0.698x/7x {image}

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Quoting Karpa

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{quote} Hi Don I'm a bear regarding NZD but my bias is fading as NZ numbers keep comming out green most of the time. I think that what gives the extra pump on NZD is it's swap rate yield but we know that a strong currency hurts exports prices, unless exporters' profits are reduced, so it may take some time before a correction takes place, maybe through RBNZ. I see other traders calling 400/600 pips correction but don't know how and when it will happen, I'm sure it will happen I hope this simplistic view makes sense, we may discuss it later if that's...

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Quoting PaulDaemon

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{quote} Tops and bottoms are the money makers I do the same. Right now if kiwi go up its only limited.

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Quoting newbegger

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Cruising along now, should be good ride until the .75 area. I covered longs yesterday because of the EU Referendum vote and the uncertainty. A remain vote is already priced in so I won't have to wait if UK remains in EU, just jump back into the longs. A leave vote will take a few days to work through the system and will take this pair lower so will have to wait to clear the boards before going long again. I am not planning to short this pair other than an occasional scalp, until the end of December ,or, some Central bank action (FOMC rate hike and/or...

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Quoting newbegger

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{quote} Looks like the vote going against what was priced. The mad rush into USD and JPY has begun. This is the reason I got out of all positions, not a gambler anymore. I suspect even if the remain vote wins, the margin calls and stop runs will continue the tsunami into the USD and JPY currencies. Not a buyer of NZDUSD until momentum turns

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Quoting PaulDaemon

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{quote} .75 no chance RBNZ would not let that happen in anycase. The remain was already priced it in the week leading up to the referendum. N/U would of tanked even if the vote was a remain, like wise with A/U. A/U and N/U both in the .60's by end of year.

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Quoting newbegger

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{quote} This is how fortunes are made. You keep selling rallies and I will keep buying dips into the end of the year. This way, we can work as a team and both can make money. You selling the tops and I will buy the bottoms and no worries on running the price on our own trading.

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Quoting Squiggles

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looks like the next pump and dump is setting up on NZD jul 5th GDT / CPI on the 18th {image}

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Quoting newbegger

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Cruising along now, should be good ride until the .75 area. I covered longs yesterday because of the EU Referendum vote and the uncertainty. A remain vote is already priced in so I won't have to wait if UK remains in EU, just jump back into the longs. A leave vote will take a few days to work through the system and will take this pair lower so will have to wait to clear the boards before going long again. I am not planning to short this pair other than an occasional scalp, until the end of December ,or, some Central bank action (FOMC rate hike and/or...

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Quoting PowerTrade

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{quote} Wow, is your screen like 423423423432 x 42342342342342342 pixels? You may also take a look at this: http://news.forexlive.com/!/nz-fin-m...ollar-20160629

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