The USD central parity-based price dynamics of the medium term target zones in compliance to target zone for exchange rate and the management of dollar by the Fed, the following USD price bands likely good for guiding the trading operation.
After breaking the 1.1400/1.1500, the EURUSD is projected to bullish to visit the 1.2000 and the USDCHF still underway for bearish to 0.9100/0.9200. It is possible for USDCHF to break the 0.9100/0.9200 in the very near. The USDJPY is still underway to 102.00 but at slower rate by the current JPY price band performance (in seperate analysis), and the GBPUSD is still underway for bullish to visit 1.3450. The USDCAD is still underway for bearish to visit the 1.3000 and the AUDUSD bullish to 0.7300/0.7500 after breaking the 0.7070. NZDUSD is still bullish and may visit 0.7000.
Bullish Price Dinamics:
EURUSD 1.2000
GBPUSD 1.3450
AUDUSD 0.7300/0.7500
NZDUSD 0.7000
Bearish Price Dynamics:
USDJPY 102.00
USDCHF 0.9100/0.9200
USDCAD 1.3000
The Fed and BoJ will continue to fuel the economy to restore the financial and economic stability to counter the Chinese economic, financial, humanity and security global terrorism by their Covid-19 virus. A coordinated effort with all G-8 central banks also underway to stabilize the global economy and folowed by selected and participated central banks.
After breaking the 1.1400/1.1500, the EURUSD is projected to bullish to visit the 1.2000 and the USDCHF still underway for bearish to 0.9100/0.9200. It is possible for USDCHF to break the 0.9100/0.9200 in the very near. The USDJPY is still underway to 102.00 but at slower rate by the current JPY price band performance (in seperate analysis), and the GBPUSD is still underway for bullish to visit 1.3450. The USDCAD is still underway for bearish to visit the 1.3000 and the AUDUSD bullish to 0.7300/0.7500 after breaking the 0.7070. NZDUSD is still bullish and may visit 0.7000.
Bullish Price Dinamics:
EURUSD 1.2000
GBPUSD 1.3450
AUDUSD 0.7300/0.7500
NZDUSD 0.7000
Bearish Price Dynamics:
USDJPY 102.00
USDCHF 0.9100/0.9200
USDCAD 1.3000
The Fed and BoJ will continue to fuel the economy to restore the financial and economic stability to counter the Chinese economic, financial, humanity and security global terrorism by their Covid-19 virus. A coordinated effort with all G-8 central banks also underway to stabilize the global economy and folowed by selected and participated central banks.