JLS USDCHF Target Zone 0.9700-1.0200/1.0700
Likely good for trade
Kommentar:
Short on NZDCHF, AUDCHF, CADCHF, GBPCHF could be executed after USDCHF stabilized at 1.0100/1.0200
Kommentar:
I still target 1.0700 with multiple long trade tranche. Final target subject weighted rate at band with EURISD and USDJPY
Kommentar:
Long trade still active to target
Kommentar:
The USDCHF remains to be seen to upward supported by the CHF carry trading activity.
Kommentar:
The USDCHF remains to be seen to upward supported by the CHF carry trading activity.
Kommentar:
The AUDUSD and NZDUSD hammered down by their interest rate differentials to USD. It is expected to be followed by the GBPUSD and EURUSD to downward by their interest rate differentials to USD, and USDCAD, USDJPY and USDCHF to upward by their interestt rate differentials to USD.
At such, the current short/sell of NDUSD, AUDUSD, GBPUSD, EURUSD and the long/buy on the USDCAD, USDJPY and USDCHF will resume to follow their medium term exchange rate target zone trends.
However, risk remains to be seen from JPY and CHF carry traders but at lesser impacts on the prices.
At such, the current short/sell of NDUSD, AUDUSD, GBPUSD, EURUSD and the long/buy on the USDCAD, USDJPY and USDCHF will resume to follow their medium term exchange rate target zone trends.
However, risk remains to be seen from JPY and CHF carry traders but at lesser impacts on the prices.