natalius64

natalius64 Updated 

Usd/zar has broken and closed above trendline resistance for 2016. Long is the way to be. Entry point was 14.2500 and the stop is at 14.05. As well as a technical break out my thinking is that the finance minister won't survive and we don't have a credible replacement. It is also my considered opinion that SA should have been downgraded to Junk a long time ago...

natalius64 Updated 

Zar under pressure on political risk and in IMHO the zar should be materially lower on fundamentals and I still cannot believe SA has not been downgraded. I like it ag the cad as the cad is gradually appreciating. Entered the trade at 10.8000, stop is at 10.7800 and looking for 11.1000 initially where I will sell out half my long , then intend to run the balance...

natalius64 Updated 

Long usd/thb..............stop at 35.15............

natalius64 Updated 

The chart is self explanatory and given the current situation locally I think this has a potential for 35.80 and even 36.42 ( both previous tops ) Entry was at 35.00 when it broke the previous high , for half the position and will add same again through 35.20 with a stop below 34.90 If the usd/thb does materially rise then being some 7% of the sgd neer ,I think...