Johanes

JLS Trade: NZD Currency Band GBPNZD, EURNZD, AUDNZD

Short
Johanes Updated   
FX:EURNZD   Euro / New Zealand Dollar
NZD interest rate differential based-currency band price trends (from upper to lower bands/ceilings). Prices near at lower bands/ceilings to their average weighted rates at lower bands/ceilings.
Comment:
Interest rate differential based-currency band price trends only permit to trade from the upper to the lower bands/ceilings by single tranche (not by multiple tranches)
Comment:
Note for Conditional Trading on Currency Band Price Trends:

NZD currency band's price trends must be in harmony with AUD currency band's price trends and must be in harmony with CAD currency band's price trends and must be in harmony with GBP currency band's price trends and must be in harmony with EUR currency band's price trends and must be in harmony with JPY currency band's price trends and must be in harmony with CHF currency band's price trends.

Unless they could be seen in harmony of all major and derivatives then the "charting" not applicable for currency band's charting, and or the technical charting not in proper time-frame and price arrangement.
Comment:
Currency Band Prices:

Lower to Upper Bands/Ceilings or Upper to Lower Bands/Ceilings

NZD-pegged pairs price trends must be equal to AUD-pegged pairs price trends and must be equal to CAD-pegged pairs price trends and must be equal to GBP-pegged pairs price trends and must be equal to EUR-pegged pairs price trends and must be equal to JPY-pegged pairs price trends and must be equal to CHF-pegged pairs price trends, THEN they are in target zone of the currency band.

Lower to Upper or Upper to Lower Ceilings of Interdays

NZD-pegged pairs price trends must be equal to AUD-pegged pairs price trends and must be equal to CAD-pegged pairs price trends and must be equal to GBP-pegged pairs price trends and must be equal to EUR-pegged pairs price trends and must be equal to JPY-pegged pairs price trends and must be equal to CHF-pegged pairs price trends, THEN they are in monthly bands/ceilings.

Unless their price trends not in harmony then "risk" is in the card. All those harmony are found interior the currency band/target zone.
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.