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- Halba replied Mar 26, 2014
targeting all time highs. 86 easily cleared. wonder if a stock correction can trigger a correction in NZD.
NZD/USD
- Halba replied Mar 26, 2014
nothing is guaranteed. if people need milk why was nzd struggling for a few years before. the economy is more broad based. milk is only a few $bn out of a $250bn economy.
NZD/USD
- Halba replied Mar 26, 2014
this is crazy. just 2 months ago AUD was in the bin. the banks should be fined for outright manipulation today. no wonder they are getting investigated. bullshit market. im done here. why dont they just put it up to 95 right now.
AUD/USD
- Halba replied Mar 26, 2014
it wont go back to 1.00 unless there are significant rate rises forecast. 92-94 somewhere imho.
AUD/USD
- Halba replied Mar 26, 2014
going up vertical like a technology bubble stock. nearly 90 degree move from a few days ago. 50% fib hit. at current rate of increase, it could test 95 in a couple of weeks.
AUD/USD
- Halba replied Mar 26, 2014
definitely due for a breather. it has had nearly every week up in the past 8 weeks. could keep going though u never know in this. i saw in past data tests, up to 14 weeks positive continuous without a break on different pairs.
NZD/USD
- Halba replied Mar 26, 2014
could be painful until about 90 cents imho. but speculation and hedge funds rule this market, they can take it up anywhere anytime.
NZD/USD
- Halba replied Mar 26, 2014
now 86 pretty much done. now what. it could go to 87-88 all time highs, this pair is extremely bullish. it will take an economic issue for it to have any down weeks.
NZD/USD
- Halba replied Mar 26, 2014
unfortunately only aud,nzd pairs moving at the moment if u miss entry, no other pips to be had. clear one way traffic and blue skies. carry trade.
AUD/USD
- Halba replied Mar 26, 2014
targetting the 50% fib retrace of the previous down move. at around 92.05 if it breaks that clear skies to 93.36 61.8% fib
AUD/USD
- Halba replied Mar 25, 2014
its going vertical and exponential. often these moves retrace at some point. dont know when. could be a few weeks from now.
AUD/USD
- Halba replied Mar 25, 2014
yep possible to take a breather at the moment. been up 4 days in a row and nearly 1.5%.
AUD/USD
- Halba replied Mar 25, 2014
stockmarket also rising fast, into record territory again in the USA, supporting risk big time.
AUD/USD
- Halba replied Mar 25, 2014
going up on a daily basis now. cant see any resistance at the moment.
AUD/USD
- Halba replied Mar 25, 2014
going straight up without any retrace. higher than even pre fomc. what is going on.
AUD/USD
- Halba replied Mar 25, 2014
slow creep up, 86 is doable. and possibly 88 next month. been going up for 5 weeks now continuous, it needs a rest though at one of these points.
NZD/USD
- Halba commented Mar 24, 2014
thinking it might looking expensive now. what is in it for buyers ? its not going back to the mid 90s let alone parity again. all this stimulus talk is rubbish just to get the stockmarket in a constant uptrend if no more buyers, sellers will range ...
Why is the Aussie so hot right now?