The EURUSD, USDCHF, USDJPY target rate (capital flow based-central parity of supply and demand equilibrium) seems to limit the prices by "medium term target zone" and not extended to "long term target zone". The EURUSD strongly defended at 1.2000 as previously estimated and the USDCHF strongly defended at 0.9000/0.9100 as previously estimated and the USDJPY...
The Fed will continue to supply the USD into the market to stimulate the $ 85 trillion global economy (World Bank) by weakening USD to avoid the anticipated global debt defaulting with current outstanding global credit over $ 562 trillion (IMF/BIS) and global derivative market $ 640 trillion. By weakening USD for 10-20 % depreciation rate then the global borrowers...
As previously quoted, USDCHF will strongly to break the 0.9100 with extension to downward by equivalent rate to EURUSD and rate adjustment by EURCHF (two sided-band).
The 102.00 still the target but extension likely to be seen by the EURUSD and GBPUSD. Stronger JPY however at risk on Asian borrowers of JPY, but BOJ is prepared for Swab Arrangement with USD.
The GBPUSD is heading 1.4500 after strongly to break the 1.3300. Slower rate of bullish however may be seen after the EURUSD stuck at 1.2500 and USDJPY stuck at 102.00.
After visiting the 1.3000, the USDCAD may extended to 1.2000 by the continuing Fed stimulation on the global economy to counter the Chinese global economic and financial terrorism. Weaker USD also targeted to anticipate global debt defaulting on the current $ 500 trillion global credit outstanding.
The Fed is continuing to stimulate the global economy by weakening the USD and by pouring the USD into the market. The pouring on the USD to the market to weaken the USD also to anticipate and avoid global debt defaulting by the Chinese virus terrorism.
The AUDUSD may extended to 0.8000 (higher or lower by equivalent rate to EURUSD 1.2500). Weaker USD is stimulating the global economy and to avoid anticipated global debt defaulting by the Chinese Covid-19 global virus terror.
The rejection on 1.1950 was false rejection and EURUSD visited the 1.2000 as projected. The pair will continue to bullish for visiting the 1.2500 or the equivalent rate to USDJPY at 102.00. Weaker USD not only to stimulate the global economy but also to maintain the global financial stability to avoid anticipated global debt defaulting with over $ 500 trillion...
The USDCAD was projected to target 1.3000 as attached previous analysis. However, the bearish on EURUSD and the bullish on USDCHF will extend the USDCAD to bearish by strongly to break the 1.3000. Slower bearish will be seen by the bearish on USDJPY to 102.00 but likely not to have large impact due to large capital inflow into Canadian economy. Attached also the...
The EURUSD was rejected at 1.1950 and failed to reach the previous estimation 1,2000. The pair was turned to bearish in medium term. The bearish on EURUSD and the bullish on USDCHF in medium term will changes the directional price trends of G-8 currencies to the following directional price trends. GBPUSD will continue to bullish and may break the 1.3300 (previous...
The AUDUSD price adjustment limited to 0.7275 and below the estimated 0.7300. The U-shape band indicates for AUDUSD to turn to downward in medium term and AUD price dynamics to G-8 currencies are weaker. The AUDUSD estimated to bearish down to 0.5700 in medium term to place the short trade to be very prospective to target by medium term, short term, monthly term,...
Based on the NZD currency band pricing structure, the 0.6700 is the central parity of the upper ceiling and adjustment to 0.6800 was rejected. The NZDUSD directional price dynamics inticate for the NZDUSD to bearish in medium term and followed by the weakening of NZD against G-8 currencies. At such, the NZDUSD , NZDJPY , NZDCAD are bearish in medium term and the...
Based on the NZD currency band pricing structure, the 0.7700 is the central parity of the upper ceiling and adjustment to 0.7800 was rejected. The NZDUSD directional price dynamics inticate for the NZDUSD to bearish in medium term and followed by the weakening of NZD against G-8 currencies. At such, the NZDUSD, NZDJPY, NZDCAD are bearish in medium term and the...
Based on currency band pricing structure on the medium term exchange rate target zone by the target zone for exchange rate and the management of G-8 currencies, the GBPAUD is heading to 2.0750 in medium term, higher than previously estimation 2.0500. The GBPUSD is still heading for 1.3450/1.3500 and the AUDUSD is till underway for price adjustment to...
Based on currency band pricing structure on the medium term exchange rate target zone by the target zone for exchange rate and the management of G-8 currencies, the AUDCHF is projected to bearish to 0.5600 in medium term. Short trade is the preferred.
Based on currency band pricing structure on the medium term exchange rate target zone by the target zone for exchange rate and the management of G-8 currencies, the NZDCHF is projected to bearish to 0.5400 in medium term. Short trade is preferred.
Based on currency band pricing structure of the medium term exchange rate target zone by the target zone for exchange rate and the management of G-8 currencies, the EURUAD is projected to bullish to 1.9000 in medium term (almost similar to EURNZD). The current bullish rate however is at slower rate until the AUDUSD to reach price adjustment estimated at...