NZD, AUD, CAD Strong at Slower Rates & Outlook
As previously stated, the NZDUSD, AUDUSD and CADUSD U-shape bands are to upward to confirm the upward movement in long term. Similarly, their S-curve bands are to upward to confirm the upward in medium term.
The NZDUSD is still expected to reach the 0.7750 and to break that level, the AUDUSD is still expected to reach and to break 0.8050 and the CADUSD is still expected to reach 0.8250 (USDCAD 1.2100). However, their movements will be highly interrupted by the movements of their derivatives with EUR and GBP. Their derivates are under pressures in short term by EUR and GBP (read EUR and GBP). Accordingly, the NZDUSD, AUDUSD and the CADUSD will move to upward at slower rate.
The projected performance of the EURNZD, EURAUD, EURCAD, GBPNZD, GBPAUD, GBPCAD already presented on EUR & GBP.The presented charts are the opposites to easier their differentiation (NZDEUR, NZDGBP, AUDEUR, AUDGBP, CADEUR, CADGBP).
How low the NZDCHF & NZDJPY will be pressured, AUDCHF & AUDJPY, and the CADCHF & CADJPY will be pressured down during the lifting of the EUR & GBP are measurable by their time series interest rate differential based currency band, advanced by Lars on Krugman’s band. The lifting on the EURNZD, EURAUD, EURCAD and the GBPNZD, GBPAUD, GBPCAD will be equivalent on the pressure on the NZDEUR, AUDEUR, CADEUR and the NZDGBP, AUDGBP, CADGBP. At such, their time series interest rate differential based currency bands are “confirming by each other” on their turning points.
The NZDUSD is still expected to reach the 0.7750 and to break that level, the AUDUSD is still expected to reach and to break 0.8050 and the CADUSD is still expected to reach 0.8250 (USDCAD 1.2100). However, their movements will be highly interrupted by the movements of their derivatives with EUR and GBP. Their derivates are under pressures in short term by EUR and GBP (read EUR and GBP). Accordingly, the NZDUSD, AUDUSD and the CADUSD will move to upward at slower rate.
The projected performance of the EURNZD, EURAUD, EURCAD, GBPNZD, GBPAUD, GBPCAD already presented on EUR & GBP.The presented charts are the opposites to easier their differentiation (NZDEUR, NZDGBP, AUDEUR, AUDGBP, CADEUR, CADGBP).
How low the NZDCHF & NZDJPY will be pressured, AUDCHF & AUDJPY, and the CADCHF & CADJPY will be pressured down during the lifting of the EUR & GBP are measurable by their time series interest rate differential based currency band, advanced by Lars on Krugman’s band. The lifting on the EURNZD, EURAUD, EURCAD and the GBPNZD, GBPAUD, GBPCAD will be equivalent on the pressure on the NZDEUR, AUDEUR, CADEUR and the NZDGBP, AUDGBP, CADGBP. At such, their time series interest rate differential based currency bands are “confirming by each other” on their turning points.
Comment:
The highest level reached by AUDUSD is 0.8038 below the project to reach 0.8050 and to break that level.
Comment:
NZDUSD is still expected to reach 0.7750 despite of current pressure being seen on the market.