Analysts Currency NZD JPY AUD CAD CHF USD

Tuesday, June 26, 2012 | comments

After pressured down to the level of 0.7874 by pressuring the floating profit, NZD/USD will resume to move to upward direction. The previous target 0.8440 for (0.8440-0.7557) 897 PIPs profit expectation may not be reached as the result of the alignment and re-alignment on USD/JPY performance. Accordingly, the target will be adjusted dependance to the performance of NZD currency band. The upper currency band of the NZD/USD will be under pressure to align and re-align to downward direction in response to the align and realign to upward direction for USD/JPY to maintain the global equilibrium. At what rate the upper currency band will be measured in the future.

After pressured down to the level of 1.0280, AUD/CAD will resume to move to upward direction to visit the target at 1.0800 for the 570 PIPs profit expectation. The target may be extended for another 250 PIPs to increase to 820 PIPs or more. The long-term performance of USD/CAD is confirming such extension, but will be measured in the future.

After pressured down to the level of 0.9590 by pressuring the floating profit, the pair will resume to move to upward direction to visit the target at 0.9950 for 480 PIPs. The target however may be extended for another 500 PIPs as indicated by the performance of USD/CHF. USD/CHF long-term performance is underway to 1.2500 from the current 0.9600. The actual target can only be assessable and measurable dependance to the performance of both AUD and CHF currency bands in the future.However, increasing the target is "on-hand".
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