The NZDUSD target zone tends to be narrower slightly (0.6800-0.6850). The lower ceiling remains possible to be under pressure but turning confirmed by ATWR with NZDJPY and EURNZD (three largest currencies). Long/buy seems feasible but restricted to the current target zone 0.6850-0.7400-0.7500. The 0.7400-0.7500 seems to be maintained until RBNZ in position to...
AUDUSD price stability trading.
The EURUSD is being managed for 15 % width (wide) of band (exchange rate target zone) under EMS Treaty with long term outlook to upward after substantial sterilization made at the level of 1.0400-1.0500. The pair lifted to 1.2525 by the carry trading activity on EUR and EUR-denominated debt securities with substantial capital inflow into the Eurozone economy. At...
Carry Trading, Price Shock and Currency Crushes By Johanes L. Sitanggang May 07, 2018 The Center for Economic Policy Research (CEPR) research paper suggested the risk of carry trading and currency crushes could be faced by mismanagement on the asset disposal and off-taking by the carry traders. However, the anticipated risk not yet experienced exception on price...
EUR price stability for trade (EURUSD & EURAUD)
CAD price stability for trade (read the previous analysis)
GBPCHF align, realign and continuously realign to upward from the current 1.2900-1.3450 by carry trading activity to widen the exchange rate target zone. The new upper medium term band is subject to equal rate by the measured ATWR of GBP band in the future. Long/buy is possible but limited to weekly or monthly low to high until the new upper medium term band to be...
The carry trading activity will continue to push EURCHF to upward by align, realign and continuously realign to upward from the current ceiling 1.145-1.180 until a new upper medium term to be established by the measured ATWR of the EUR band. Long/buy is possible from the weeky or monthly low to high. Read EURUSD and EURJPY.
The current ceilings for EURUSD is 1.2500-1.1575, however the carry trading activity hold the EURUSD to be fluctuated at 1.2500-1.2200 and should carry traders disposes their long/buy will pressure the EURUSD to 1.1575 of current lower ceiling (higher or lower, subject to future measurement on the EUR band's ATWR measurement). Trading EURUSD is feasible by...
Price stability for trade (read previous analysis)
Too late to follow and less feasible to target the remaining balance
The current target zone is 129.50-137.50 at which level the cary traders may manage the carrying activity. However, momentum traders are disposing on EURUSD and as a result the EURJPY becomes sudden rising by carry traders and sudden falling by the momentum traders. In term of target zone the pair is very feasible to trade the monthly ad weekly low to high by...
The current medium term exchange rate target zone (bands/ceilings) for GBPUSD is 1.4300-1.3200, however the JPY and CHF carry trading activity to hold the pair to be fluctuated at 1.4300-1.3700. The target zone is very feasible to target but the risk is faced by sudden raising and sudden falling by the carry trading and momentum trading. Accordingly, the most...
The JPY carry traders are carrying the GBP by pushing the GBPJPY to upward with current ceilings/bands 145.00-156.50. However, the pair is moving with sudden raising by carry traders for GBPJPY + GBPCHF and sudden falling by GBPUSD + EURGBP. At such, the pair must be traded with wider stop loss management. The sudden raising and sudden falling likely measurble...