EURAUD Heading 1.9500 from 1.6000 in Medium Term & Trading Plan
The EURAUD multilaterl band indicates for EURAUD to heading for 1.9500 from 1.6000 in medium term. The medium term bullish on EURAUD also confirmed by the medium term bullish on EURUSD and bearish on AUDUSD, at such the intraday central parity of the EURUSD will be aligned, realigned and continuously realigned to upward up to the medium term upper ceiling (estimated at 1.2000) and at the same time the central parity of the AUDUSD will be aligned, realigned and continuously realigned to downward up to the medium term lower ceiling. Accordingly, the intraday central parity of the EURAUD will be aligned, realigned and continuously realigned to upward during the European session. The alignment, realignment and continuously realignment on the central parity of the EURAUD during the European session could be pressured or tested during Asian and US session temporary.
Long trade on the EURAUD should be placed at the central parity of the EURAUD during the European session (but pressure still possible during Asian and US session) to target the alignment, realignment and continously realignment for weekly, monthly, short term and medium term target up to the 1.9500 estimated medium term upper ceiling.
Risk management:
The long trade placed at central parity during the European session will be aligned, realigned and continuously realigned to upward and therefore the stop loss position on the long trade could be adjusted near to the central parity on the following day to manage and maintain the long trade into risk-free trading position for weekly, monthly or short term target. The alignment, realignment and continuously realignment of the central parity to upward to allow the management of the trade to be managed at risk-free trading position.
Short trade opportunity on EURAUD also available by selling/short at the central parity on the upper ceiling of the intraday, however the short trade is riskier due to the central parity will be aligned, realigned and continuously realigned to upward. Accordingly, the risk and target less manageable.
Central parity generally well known as "spikes" during the Asian, European and US session. Those sipkes actually is price adjustment during the Asian, European and the US session by the "capital flow based-central parity". Thus, capital inflow and outflow during the Asian, European and US session continuously adjusted. If the capital outflow into EUR economy larger then to AUD economy during the Asian session and then the central pacity during the Asian session will be aligned to upward during the Asian, and if the capital flow into EUR economy larger than to AUD during the European session and then the central parity will be aligned to upward during the European session, and if the capital flow into the EUR economy larger than to AUD economy during the US session and then the central parity will be aligned to upward, and when such condition to be met and then the central parity during the Asian session to be aligned to upward and the central parity during the European session to be aligned to upward and the central parity during the US session to be aligned to upward and the bullish price dynamic of EURAUD to be very strong from Asian to US session. The same repeated every trading day. It is also possible the central parity during the Asian session aligned to downward, the central parity during the European session aligned to upward and the central parity during the US session aligned to downward and when such condition to be met and then the EURAUD could be seen "flat" or "sideways".
Long trade on the EURAUD should be placed at the central parity of the EURAUD during the European session (but pressure still possible during Asian and US session) to target the alignment, realignment and continously realignment for weekly, monthly, short term and medium term target up to the 1.9500 estimated medium term upper ceiling.
Risk management:
The long trade placed at central parity during the European session will be aligned, realigned and continuously realigned to upward and therefore the stop loss position on the long trade could be adjusted near to the central parity on the following day to manage and maintain the long trade into risk-free trading position for weekly, monthly or short term target. The alignment, realignment and continuously realignment of the central parity to upward to allow the management of the trade to be managed at risk-free trading position.
Short trade opportunity on EURAUD also available by selling/short at the central parity on the upper ceiling of the intraday, however the short trade is riskier due to the central parity will be aligned, realigned and continuously realigned to upward. Accordingly, the risk and target less manageable.
Central parity generally well known as "spikes" during the Asian, European and US session. Those sipkes actually is price adjustment during the Asian, European and the US session by the "capital flow based-central parity". Thus, capital inflow and outflow during the Asian, European and US session continuously adjusted. If the capital outflow into EUR economy larger then to AUD economy during the Asian session and then the central pacity during the Asian session will be aligned to upward during the Asian, and if the capital flow into EUR economy larger than to AUD during the European session and then the central parity will be aligned to upward during the European session, and if the capital flow into the EUR economy larger than to AUD economy during the US session and then the central parity will be aligned to upward, and when such condition to be met and then the central parity during the Asian session to be aligned to upward and the central parity during the European session to be aligned to upward and the central parity during the US session to be aligned to upward and the bullish price dynamic of EURAUD to be very strong from Asian to US session. The same repeated every trading day. It is also possible the central parity during the Asian session aligned to downward, the central parity during the European session aligned to upward and the central parity during the US session aligned to downward and when such condition to be met and then the EURAUD could be seen "flat" or "sideways".