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 USD/MYR v4

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zacknistelrooy
post Jul 30 2016, 12:58 AM

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QUOTE(wil-i-am @ Jul 29 2016, 09:55 PM)
I blif 4.10 is d resistance point
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Yes, major resistance from the downtrend at that level.
zacknistelrooy
post Aug 3 2016, 02:52 AM

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Might be heading back to 4.06/4.07 due to oil
zacknistelrooy
post Aug 3 2016, 08:05 PM

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4.08, 4.10 resistance
zacknistelrooy
post Aug 4 2016, 03:47 AM

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Closing at 4.04750, lets see if it can go below 4.02
zacknistelrooy
post Aug 5 2016, 01:42 AM

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QUOTE(nexona88 @ Aug 4 2016, 11:39 PM)
so it's gonna be 4.10 - 4.30 range huh  dry.gif

then say  bye.gif  bye.gif  to 4.00  dry.gif
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Tomorrow's job data in the US is important, will get a clearer picture.
zacknistelrooy
post Aug 6 2016, 02:32 AM

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Closing around 4.03/4.04, next week will be telling at where the MYR goes
zacknistelrooy
post Aug 8 2016, 11:17 PM

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QUOTE(bbgoat @ Aug 8 2016, 08:29 PM)
Funny that xe.com always shows lower after M'sia side closing ? After hours support ?
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Trading still goes on and many don't exactly follow BNM
zacknistelrooy
post Aug 10 2016, 02:37 AM

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Ringgit trading sideways with support around 4.02.

Jackson Hole meeting is going to be important.
zacknistelrooy
post Aug 12 2016, 12:59 AM

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3.987 right now with oil quite strong.
zacknistelrooy
post Aug 12 2016, 09:04 PM

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Ringgit strengthening a bit after weak US data.
zacknistelrooy
post Aug 15 2016, 04:36 PM

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Strong move back to 4.01 level
zacknistelrooy
post Aug 15 2016, 09:42 PM

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Approaching the 4.00 level with oil at 45.30.
zacknistelrooy
post Aug 24 2016, 03:46 AM

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Interesting to see it ending around the 4.03 level with oil strengthening during the session.
zacknistelrooy
post Aug 25 2016, 08:13 PM

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QUOTE(wil-i-am @ Aug 25 2016, 07:29 PM)
Maybank does not rule out another Malaysia c.bank rate cut this year
http://www.theedgemarkets.com/my/article/m...k-rate-cut-year

If BNM cut OPR, MYR may reach 4.10 n above
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Well for the last cut it actually appreciated, so can't say for sure which way it will go.
zacknistelrooy
post Aug 30 2016, 10:23 PM

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Ringgit approaching 4.07 after dollar strengthens and oil weakens.
zacknistelrooy
post Aug 31 2016, 08:34 PM

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Now approaching 4.09 (4.088).
zacknistelrooy
post Sep 1 2016, 10:43 PM

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QUOTE(bbgoat @ Sep 1 2016, 10:20 PM)
Any "bad" news that we are not aware of ?  hmm.gif
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Oil is going down.
Positioning ahead of tomorrow's job data.
zacknistelrooy
post Sep 2 2016, 01:17 AM

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Ringgit strengthening right now after that bad US ISM data.
zacknistelrooy
post Sep 2 2016, 08:34 PM

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Heading to 4.08, probably no hike in September. At least that is what the market is pricing.

It is rebounding a bit now, need to wait an hour or two for directions.

This post has been edited by zacknistelrooy: Sep 2 2016, 08:44 PM
zacknistelrooy
post Sep 5 2016, 01:42 PM

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QUOTE(nexona88 @ Sep 5 2016, 12:27 PM)
looking at the chart..

why suddenly sharp drop to 4.04 then sharp up to 4.08 then sharp drop again to 4.04 then up to 4.08.. now moving in the range of 4.06/4.07 blink.gif hmm.gif
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Which website or brokerage shows that ?

The chart on IG and investing.com are not showing that.

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