Eddied01
看空

NZDUSD- In for a big fall post June month-end?

FX:NZDUSD   紐元 / 美元
191點閱
10
191 2
Surely looks like a big drop coming soon.
I will not be surprised if the Hedge funds would want to manage mid year performance, keeping it above 0.712 in the week ahead
COT reports indicating the kiwi being bearish in the month to come and the US Dollar             bullish

Alternative view could be that 2016 closed at 0.69195, Q1 was up 1.23% closing at 0.70049.
At Friday's close the kiwi is 5.2% up YTD. As hedge fund if you want to manage expectations this midyear performance could be seen as too high, year-end projections best case scenario is around 1.5%-2% vs 2016 but most likely to be around 0.5%-1%
If this scenario plays out we could see the week ahead close below 0.708

From a technical point of view I cant see it staying at current levels much longer. Drop early in the week and then manage the alternative above?
評論: The Kiwi has been real stubborn, might be eyeing a move between 0.732 & 0.735.
Anything below 0.73758 is still bearish
評論: Enough evidence of divergence? I think so! On borrowed time now
評論: The Kiwi bulls have attempted to push for a higher high vs. Jan/Feb. Does not seem likely and until that point my strategy still stands
評論: Bigger picture view on a Monthly Chart
Nice setup mate. I 100% agree with you
回覆
@Jamal92, Thanks Jamal!
回覆
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人資料 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出