Johanes

EURCHF MED TERM TARGET ZONE DIFFERENTIAL 700 TO 1400 PIPS

Short
Johanes Updated   
FX:EURCHF   Euro / Swiss Franc
THE FEDERAL RESERVE BANK OF NEW YORK AND THE EUROPEAN CENTRAL BANK MANAGED THE WIDTH OF MEDIUM TERM EXCHANGE RATE TARGET ZONE FOR EURUSD 1.03% FOR 15 % WIDTH OF MEDIUM TERM BAND. THIS ALLOW THE FED AND THE SWISS NATIONAL BANK TO MANAGE THE USDCHF -0.96% FOR 15 % WIDTH OF BAND BY ALLOWING THE USDCHF -0.96% TO CONTINUE TO MOVE TO DOWNWARD TO 0. 8750 0.62% (READ USDCHF -0.96% ANALYSIS). ACCORDINGLY, THE ECB AND SNB ARE PERMITTED TO MANAGE THE EURCHF 0.08% FOR 15 % WITH OF BAND FOR 1400 -0.48% PIPS.

THE EURCHF 0.08% CURRENCY BAND PERFORMANCE HAS CONFIRMED FOR THE PAIR TO BE MANAGED FOR 7.5 % TO UPWARD FROM THE BASELINE (CENTRAL BAND/CENTRAL PARITY) AND TURNED BACK TO DOWNWARD. THE EURUSD 1.03% COULD BE FLUCTUATED NEAR THE UPPER MEDIUM TERM BAND OF THE 15 % WIDTH OF BAND IN MONTHLY TERM (FLAT) UNTIL OTHER MAJOR PAIRS TO REACH THEIR UPPER MEDIUM TERM BANDS (COLLECTIVELY), AND AT THE SAME TIME THE USDCHF -0.96% WILL CONTINUE TO MOVE TO DOWNWARD FOR 15 % WIDTH OF BAND BY VISITING 0. 8750 0.62% . AT SUCH AND BASED ON MEDIUM TERM EXCHANGE RATE TARGET ZONE DIFFERENTIAL AND THE CURRENT MANAGEMENT OF THE EURCHF 0.08% AS WELL AS THE CURRENT PERFORMANCE OF THE EURUSD 1.03% AND USDCHF -0.96% THEN THE EURCHF 0.08% WILL MOVE TO DOWNWARD FROM HER 7.5 % WITH OF BAND DOWN TO BASELINE 1.0700. AT 1.0700 THE EURCHF 0.08% IS SUBJECT TO BE REANALYZED BY THE PERFORMANCE OF EURUSD 1.03% AND USDCHF -0.96% ON THEIR TARGET ZONE DIFFERENTIAL. HOWEVER, SUBJECT TO DERIVATIVE MAY BE MANAGED FOR 15 % WIDTH OF BAND THEN THEH EURCHF 0.08% COULD BE PRESSURED DOWN TO 1.000 FOR 15 % WIDTH OF BAND.

THE CURRENT MEDIUM TERM EXCHANGE RATE TARGET ZONE DIFFERENTIAL ANALYSIS HOWEVER LIMITS FOR CONFIRMATION ON THE EURCHF 0.08% TO DOWNWARD FOR VISITING THE 1.0800 (BASELINE) FOR 7.5 % WIDTH OF BAND AND THE EXTENSION TO 1.0100 FOR 15 % WIDTH OF BAND IS DEPENDING TO FUTURE PERFORMANCE OF THE EURUSD 1.03% AND USDCHF -0.96% MEDIUM TERM EXCHANGE RATE TARGET ZONE PERFORMANCE. AT SUCH, THE CURRENT SHORT/SELL POSITION AND THE FOLLOWING TRADE IS RECOMMENDABLE TO AS FOLLOWS:

SHORT EURCHF 0.08% AT 1.1350/1. 1400 -0.48%
STOP LOSS 1.1550 (CURRENT STOP LOSS ALREADY MANAGED AT 1.1450 BUT MAY CHANGED AS MARKET REQUIRED)
TARGET 1.0700/1.0800 (600-700 PIPS) IF ENTERED FROM 1. 1400 -0.48%
DURATION: 2-3 MONTHS
RISK TYPE: MID OF LOW TO LOWER RISK

BAND RISK CLASSIFICATION:
MEDIUM TERM BAND - LOWER RISK
SHORT TERM BAND - LOW RISK
MONTHLY TERM BAND - HIGH RISK
WEEKLY TERM BAND - HIGHER RISK
Comment:
EURCHF CLOSELY WATCHED, THE UPWARD WIDTH OF BAND FOR 7.85 % ALREADY REACHED AT 1.1500.
Comment:
SHORT EURCHF 0.37% 0.08% AT 1.1350/1. 1400 3.86% -0.48%
STOP LOSS 1.1550 (CURRENT STOP LOSS ALREADY MANAGED AT 1.1450 BUT MAY CHANGED AS MARKET REQUIRED)
TARGET 1.0700/1.0800 (600-700 PIPS) IF ENTERED FROM 1. 1400 3.86% -0.48%
DURATION: 2-3 MONTHS
RISK TYPE: LOWER RISK (STOP LOSS ABOVE UPPER MED TERM BAND)
Comment:
EURCHF PRICE STABILITY COULD BE TRADED BY HIGH FREQUENCY TRADE AS ILLUSTRATED FOR EURCAD TO DOUBLE AND TRIPLE OR MORE THE PROFIT EXPECTATION FROM THE TARGET ZONE
Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.