Read the latest analysis on USDCHF.
CHF & JPY carry trading activity on NZD to hold EURNZD at 1.7150 back to 1.6600 from the original 1.6600-1.7400. The impact of the carry trading activity on EURNZD similar to NZDUSD. The carry trading activity supportive to strengthen NZD (pushing NZDCHF and NZDJPY to upward). Unless the ceiling to be visited and the measured ATWR reached then trading likely at risk.
The CHF and JPY carry trading activity supportive to hold NZDUSD at 0.7150 and back to 0.7400 for the ceiling 0.7400-0.6800). The pair is still less feasible to trade until the lower or the upper ceiling to be reached and average rate (ATWR) re-established.
Likely feasible to follow the carry traders. Buy from the lowest pressured rates.
Read the latest posting on EURCAD. Originl lower band 1.4600 and current 1.4800 (USDCAD aligned to upward from original 1.2900 to 1.3100 (200 PIPs).
Read the previous or latest posting on USDCAD.
On-going performance, read latest posting on CADJPY.
This is reposting the on-going performance of CADCHF. Read the latest analysis.
Short/sell likely feasible.
Long likely feasible. CHF & JPY carry trading activity strengthening the AUD and failed to visit 0.7500.
Long likely feasible to follow the JPY carry traders. I also place multiple option to expiry in 2-5 days.
Long likely feasible to follow the CHF carry traders. I long also this pair as well as multiple call option positions expiring 1-15 days
Those pairs are pressured down to their new lower bands/ceilings.
The EURNZD, EURAUD, EURCAD and EURGBP are hammered down by the CHF and JPY carry trading activity and to pressure those pairs to their new lower medium term bands/ceilings.
The major pairs (NZDUSD, AUDUSD, CADUSD, GBPUSD and EURUSD) lifted up by the CHF & JPY carry trading activity by interrupting all movements interior their bands/ceilings. However, the impact result major pairs more stable in the market but with mixed fluctuation performance.
JPY-pegged pairs (NZDJPY, AUDJPY, CADJPY, GBPJPY, EURJPY, CHFJPY, USDJPY) are racing upward to their new upper medium term bands/ceilings by JPY carry traders. The upward will be completed in three tranches and each tranche could be measured by interest rate differential-based time series currency band.
The CHF-pegged pairs (NZDCHF, AUDCHF, CADCHF, GBPCHF, EURCHF, USDCHF) are racing to upward to their new upper medium term bands/ceilings by CHF carry traders. The upward tranche is three tranches which is assessable and measurable by interest rate differential-based time series currency band.