AUD/JPY TURNED AND ALIGNED TO UPWARD TO VISIT 94.50 MED-TERM
15/07/2017
The long-term exchange rate target zone confirmed for AUD/JPY to turn to upward and aligned to upward by strongly to confirm for AUD/JPY for upward direction and AUD to be stronger than JPY in medium-term.
The previous width of medium-term exchange rate target zone is 14 % (76.00/88.00) for about 1400 PIPs. After visiting the upper medium-term band 88.00, the pair pressured down to central band/central parity and turned back to upward by confirming the upward movement in medium-term (turning + alignment).
AUD/JPY is estimated to visit the level of 94.50 from 81.50 in medium-term of new medium-term exchange rate target zone driven by the alignment to upward.
BY monetry method, long/buy on AUD/JPY is recommendable from the lower to the upper bands of daily, weekly, monthly, short term bands as well as the medium-term Short/sell is prohibited.
MEDIUM-TERM TRADING OPERATION:
Target to Trade: 94.50
Entry Rate at Lower Band 81.50: Will be Updated from Below Current Rate
Exit Rate at Upper Medium-Term: 94.50
Stop Loss Below New Entry Rate 81.50: Will be Updated
WEEKLY TRADING OPERARTION:
Target to Trade: 94.50
Entry Rate at Lower Band (Weekly): Will be Updated
Exit Rate at Upper Band (Weekly): Will be Updated
Stop Loss Below Lower Band (Weekly): Will be Updated
Will be updated regularly based on measured entry rates by their weighted average rates at lower bands for trading to target upper bands of the upward movement on the medium-term directional movement.
The long-term exchange rate target zone confirmed for AUD/JPY to turn to upward and aligned to upward by strongly to confirm for AUD/JPY for upward direction and AUD to be stronger than JPY in medium-term.
The previous width of medium-term exchange rate target zone is 14 % (76.00/88.00) for about 1400 PIPs. After visiting the upper medium-term band 88.00, the pair pressured down to central band/central parity and turned back to upward by confirming the upward movement in medium-term (turning + alignment).
AUD/JPY is estimated to visit the level of 94.50 from 81.50 in medium-term of new medium-term exchange rate target zone driven by the alignment to upward.
BY monetry method, long/buy on AUD/JPY is recommendable from the lower to the upper bands of daily, weekly, monthly, short term bands as well as the medium-term Short/sell is prohibited.
MEDIUM-TERM TRADING OPERATION:
Target to Trade: 94.50
Entry Rate at Lower Band 81.50: Will be Updated from Below Current Rate
Exit Rate at Upper Medium-Term: 94.50
Stop Loss Below New Entry Rate 81.50: Will be Updated
WEEKLY TRADING OPERARTION:
Target to Trade: 94.50
Entry Rate at Lower Band (Weekly): Will be Updated
Exit Rate at Upper Band (Weekly): Will be Updated
Stop Loss Below Lower Band (Weekly): Will be Updated
Will be updated regularly based on measured entry rates by their weighted average rates at lower bands for trading to target upper bands of the upward movement on the medium-term directional movement.
Comment:
18/07/2017
AUD/USD, AUD/JPY, AUD/CHF move to upward by this morning by not reaching their average weighted rates at lower daily/weekly bands and at the same time EUR/AUD moves to downward by not reaching her equivalent average weighted rates at upper daily/weekly band. All the movements are interior the medium-term exchange rate target zone, but those movements could be at risk by revisiting their lower daily/weekly bands and equivalent upper daily/weekly band before they resumed to move to upward (AUD/USD, AUD/JPY, AUD/CHF) to visit their upper medium-term target and to downward (EUR/AUD) to visit her lower medium-term target. Daily/weekly bands trading not yet recommendable until restored, except the medium-term exchange rate target zone.
AUD/USD, AUD/JPY, AUD/CHF move to upward by this morning by not reaching their average weighted rates at lower daily/weekly bands and at the same time EUR/AUD moves to downward by not reaching her equivalent average weighted rates at upper daily/weekly band. All the movements are interior the medium-term exchange rate target zone, but those movements could be at risk by revisiting their lower daily/weekly bands and equivalent upper daily/weekly band before they resumed to move to upward (AUD/USD, AUD/JPY, AUD/CHF) to visit their upper medium-term target and to downward (EUR/AUD) to visit her lower medium-term target. Daily/weekly bands trading not yet recommendable until restored, except the medium-term exchange rate target zone.
Comment:
19/07/2017.
AUD heading to target.
AUD heading to target.
Comment:
20/07/2017
AUD/JPY as well as AUD/USD and AUD/CHF heading to upward as projected by limiting to downward pressure to lower daily band. The upward movement supporting the AUD/USD continues to move to upward by their weighted prices.
AUD/JPY as well as AUD/USD and AUD/CHF heading to upward as projected by limiting to downward pressure to lower daily band. The upward movement supporting the AUD/USD continues to move to upward by their weighted prices.
AUD/USD, AUD/JPY and AUD/CHF could be pressured down to their lower daily or weekly bands prior to resume to move to upward and at the same time the EUR/AUD could be pushed up to her upper daily or weekly bands prior to resume to move to downward. Their measured average weighted rates at lower bands for AUD/USD,
AUD/JPY, AUD/CHF (daily or weekly) and the equivalent average weighted rate at upper band for EUR/AUD will be the entry rates to long/buy AUD/USD, AUD/JPY, AUDCHF and to sell/short EUR/AUD. Unless their measured average weighted rates to be measurable, risk remain possible to trade.