EUR currency band near the market entry timing. As forecasted above, the positive pairs (EUR/USD, EUR/CHF, EUR/JPY, EUR/CAD and EUR/GBP) continuously stabilized at lower currency band to wait until the negative currency pairs (EUR/AUD and EUR/NZD) to reach their lower currency band. Both EUR/AUD and EUR/NZD already moved to near their previous lower currency bands. Cross currency band performance analysis with AUD and NZD currency bands is indicating that both EUR/AUD and EUR/NZD will break their previous lower currency bands until they are stabilized.
During the stabilization of EUR/AUD and EUR/NZD at their lower currency bands, the positive currency pairs will be under pressure and re-stabilized at their lower currency bands. Both the positive and negative currency pairs are expected to reach their equalized lowest measured average traded weighted rates in order to enter the market in July 2012. At such, both positive and negative pairs become commendable to long from their lowest measured average traded weighted rates at their lower currency bands to target their upper currency bands. The performance of EUR currency band is an indicator "the end of the EUR weakening against major currencies by average" and European economic and financial crisis may already hit the rock. Accordingly, EUR currency band becomes commendable to target by this July 2012.
During the stabilization of EUR/AUD and EUR/NZD at their lower currency bands, the positive currency pairs will be under pressure and re-stabilized at their lower currency bands. Both the positive and negative currency pairs are expected to reach their equalized lowest measured average traded weighted rates in order to enter the market in July 2012. At such, both positive and negative pairs become commendable to long from their lowest measured average traded weighted rates at their lower currency bands to target their upper currency bands. The performance of EUR currency band is an indicator "the end of the EUR weakening against major currencies by average" and European economic and financial crisis may already hit the rock. Accordingly, EUR currency band becomes commendable to target by this July 2012.
