JLS Trade: NZD Currency Band NZDCAD, NZDCHF, NZDJPY, NZDUSD
NZD interest rate differential-based currency band price trends (from lower to upper bands/ceilings). Prices near at upper bands/ceilings and pending for aveage weighted rate at upper bands/ceilings.
Comment:
Interest rate differential based-currency band price trends only permit to trade from the lower to the upper bands/ceilings (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.
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:
The upper band/ceiling for NZDUSD is 0.6950/0.7000 and the baseline for NZD to be appreciated by EUR, JPY, CHF, GBP, CAD and AUD currencies by their interest rate differentials.
At such, what equivalent rate of NZDCHF, NZDJPY, NZDEUR, NZDGBP, NZDAUD, NZDCAD at NZDUSD at 0.6950/0.7000 will be ?. They represent their average weighted rates by their interest rate differentials.
Thus, the NZDCHF, NZDJPY, NZDEUR, NZDGBP, NZDAUD, NZDCAD may visit and break visit and break their "daily high technical charts" but the NZDUSD shall be maintained at 0.6950/0.7000. Should this level not maintained then "misalignment" and watched by IMF/BIS.
At such, what equivalent rate of NZDCHF, NZDJPY, NZDEUR, NZDGBP, NZDAUD, NZDCAD at NZDUSD at 0.6950/0.7000 will be ?. They represent their average weighted rates by their interest rate differentials.
Thus, the NZDCHF, NZDJPY, NZDEUR, NZDGBP, NZDAUD, NZDCAD may visit and break visit and break their "daily high technical charts" but the NZDUSD shall be maintained at 0.6950/0.7000. Should this level not maintained then "misalignment" and watched by IMF/BIS.
Comment:
The current price drop on NZD-pegged pairs not to indicate that NZD has reached his average weighted rates to major currencies (CHF, JPY, EUR, GBP, CAD, except to AUD). Thus, those pairs still has the room to upward for their weighted rate but ceiled by NZDUSD at 0.6950/0.7000.
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.
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.