Johanes

SHORT/SELL: EURNZD MEDIUM TERM TARGET ZONE 1950 PIPS

Short
Johanes Updated   
FX_IDC:EURNZD   Euro / New Zealand Dollar
THE EURNZD HAS REACHED HER UPPER MEDIUM TERM PRICE STABILITY AT 1.6600 FROM HER LOWER MEDIUM TERM PRICE STABILITY AT 1.4650. THE PAIR TURNED TO DOWNWARD FOR VISITING HER LOWER MEDIUM TERM PRICE STABILITY AT 1.4650 AT CURRENT MEDIUM TERM ECONOMIC AND FINANCIAL STABILITY BANDS.

EURNZD IS A DERIVATIVE AND BY PRODUCT OF EURUSD AND NZDUSD. AT SUCH, THE MEDIUM TERM TARGET ZONE OF THE EURNZD REPRESENTS THE MEDIUM TERM TARGET ZONE DIFFERENTIAL BETWEEN THE EURUSD AND NZDUSD.

THE EURUSD HAS REACHED HER UPPER MEDIUM TERM PRICE STABILITY AT 1.2000 AND BEING STERILIZED TO 1.1200 IN SHORT TERM TO CENTRAL BAND/CENTRAL PARITY BY THE ECB AND THE FED TO SLOWING THE STRENGTHENING OF THE EUR TO MATCH THE CURRENT ECONOMIC AND FINANCIAL STABILITY. AT THE SAME TIME, THE NZDUSD IS UNDERWAY TO HER UPPER MEDIUM TERM BAND ESTIMATED AT 0.7950 FROM THE 0.6850 AND THE MEASURED EXCHANGE RATE TARGET ZONE DIFFERENTIAL ABOUT 1900 PIPS (LESS THEN EURNZD MEASURED MEDIUM TERM TARGET ZONE 1950 PIPS). THE ANALYSIS ON THE EURUSD AND NZDUSD ARE LINKED TO THIS REPORT FOR REFERENCE.

ACCORDINGLY, SHORT ON THE EURNZD BECOMES RECOMMENDABLE WITH THE FOLLOWING DETAILS:

SHORT AT 1.6600/1.6575
STOP LOSS 1.6800
TARGET 1.4650 (1950 PIPS)

THE MEDIUM TERM PRICE STABILITY OF THE EURNZD IS VERY FEASIBLE TO TRADE BY HIGH FREQUENCY TO LOOK FOR 5X TO 10X OF THE 1950 PIPS TARGET ZONE FOR PROFIT WITH THE FOLLOWING TRADES:

SHORT DAILY HIGH/LOW STOP LOSS MAINTAINED AT 1.6800
SHORT WEEKLY HIGH/LOW STOP LOSS MAINTAINED AT 1,6800
SHORT MONTHLY HIGH/LOW STOP LOSS MAINTAINED AT 1,6800
SHORT QUARTERLY HIGH/LOW STOP LOSS MAINTAINED AT 1,6800

THE NUMBER OF SHORT TRADES ARE DEFENDING ON THE FREQUENCY OF BULLISH/BEARISH OF DAILY, WEEKLY, MONTHLY, QUARTERLY OF THE EURNZD INTERIOR THE MEDIUM TERM TARGET ZONE UNTIL THE LEVEL OF 1.4650 TO BE REACHED. LONG/BUY ON EURNZD NOT RECOMMENDABLE DURING THIS DOWN-TRENDING ENVIRONMENT.
Comment:
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.