afzal

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Last visit Joined 2 years ago
Markets Allocation
100 % forex
Top Mentioned Symbols
NZDUSD 33% | 1 USDJPY 33% | 1 EURUSD 33% | 1
afzal afzal NZDUSD, D, Short , 2 years ago
NZDUSD: nzd rate decision today 2:30 am indian standard time
104 0 0
NZDUSD, D Short
nzd rate decision today 2:30 am indian standard time

interest rates : rates to remained unchanced tone : i expect the tone to be bearish with recent deterioration in data signal mkt is looking : market is looking when rbnz will raised rates next, i believe they may not raised rates this year hence negative for kiwi our view : bearish tone Hence Bearish NZD . if tone is bearish kiwi will tumble towards 0.81 cents ...

afzal afzal USDJPY, W, Long , 2 years ago
USDJPY: US NON FARM PROJECTION
39 0 0
USDJPY, W Long
US NON FARM PROJECTION

IMPORTANCE : positive data can put pressure on FED to raise rates in future , market expectation : Forecast is for positive nos , at 226k , risk : non farm nos are always notorious there is always great divergence between actual and forecasted nos. average pip movement : 30-100 pips movement happened due to divergence in nos and market expectation my view : i ...

afzal afzal EURUSD, D, Short , 2 years ago
EURUSD: ECB MEETING PROJECTION today 6 pm IST
389 1 3
EURUSD, D Short
ECB MEETING PROJECTION today 6 pm IST

RECENT action suggests market is positioning for a big move in todays conference Data : Weak inflation , retail sales , business confidence nos will put pressure on ECB to act market expectation : market is expecting ECB to take action either by lower rates or some other measures. imp : remember shorts position are at 2 yr high , euro has almost fallen 700 pips ...

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