EUR/AUD WILL VISIT & BREAK 1.3700 IN MEDIUM-TERM DOWN TO 1.3400
15/07/2017
The long-term exchange rate target zone has confirmed the EUR/AUD medium-term exchange rate target zone to align, realign and continuously reaslignment to downward. At such, AUD will be stronger than EUR in long-term.
The width of the previous medium-term exchange rate target zone about 10 % (1.5500/1.3700) for 1800 PIPs. By monetary measurement, EUR/AUD will visit (1.5200/1.3400) for 1800 PIPs.
By monetary method, the EUR/AUD shall be consistently sell/short from the upper bands to the lower bands of the daily, weekly, monthly, short-term bands, or the medium-term. Long/buy from the lower to the upper bands are not recommendable until the 1.3400 to be reached in medium-term.
MEDIUM-TERM TRADING OPERATION:
Target to Trade: 1.3400
Entry Rate at Upper Band 1.5200: Will be Updated from Below Current Rate
Exit Rate at Lower Medium-Term: 1.3400
Stop Loss Above New Entry Rate 1.5200: Will be Updated
WEEKLY TRADING OPERARTION:
Target to Trade: 1.3400
Entry Rate at Upper Band (Weekly): Will be Updated
Exit Rate at Lower Band (Weekly): Will be Updated
Stop Loss Above Upper Band (Weekly): Will be Updated
The long-term exchange rate target zone has confirmed the EUR/AUD medium-term exchange rate target zone to align, realign and continuously reaslignment to downward. At such, AUD will be stronger than EUR in long-term.
The width of the previous medium-term exchange rate target zone about 10 % (1.5500/1.3700) for 1800 PIPs. By monetary measurement, EUR/AUD will visit (1.5200/1.3400) for 1800 PIPs.
By monetary method, the EUR/AUD shall be consistently sell/short from the upper bands to the lower bands of the daily, weekly, monthly, short-term bands, or the medium-term. Long/buy from the lower to the upper bands are not recommendable until the 1.3400 to be reached in medium-term.
MEDIUM-TERM TRADING OPERATION:
Target to Trade: 1.3400
Entry Rate at Upper Band 1.5200: Will be Updated from Below Current Rate
Exit Rate at Lower Medium-Term: 1.3400
Stop Loss Above New Entry Rate 1.5200: Will be Updated
WEEKLY TRADING OPERARTION:
Target to Trade: 1.3400
Entry Rate at Upper Band (Weekly): Will be Updated
Exit Rate at Lower Band (Weekly): Will be Updated
Stop Loss Above Upper Band (Weekly): Will be Updated
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
EUR/AUD continues to move to downward as project for her equivalent rates with AUD/USD, AUD/CHF and AUD/JPY. Upward pressure limits to upper daily band and resumed back to downward heading to target.
EUR/AUD continues to move to downward as project for her equivalent rates with AUD/USD, AUD/CHF and AUD/JPY. Upward pressure limits to upper daily band and resumed back to downward heading to target.
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.