Brian Twomey
Brian's Investment
Established in previously written AUD and Neutrality was 2 vital points to AUD/USD and cross pairs: AUD/USD is a neutral currency and consistent to USD/JPY, GBP/USD, EUR/USD. Speculation to USD/CHF and NZD/USD also follows neutrality to its cross pairs as currency prices serves as an interlocking and deeply related system.
Secondly, to repeat, AUDGBP at GBP/AUD reciprocal 0.5000's is not only the bottom currency but it lacks any fit to the AUD complex and fails to serve as a true AUD bottom.
AUDGBP belongs exclusively in the GBP universe as GBP/AUD exchange rate 1.8800's to allow trading in wide ranges between GBPCAD and GBPNZD.
AUD's bottom is not only AUD/EUR but AUD/EUR serves perfectly to AUD/USD and AUD/EUR's reciprocal as EUR/AUD. For EUR/AUD, AUD/USD and AUD/EUR then establishes itself as a triangulation and 3 trade combination.
AUD/EUR Vs AUD/GBP
AUD/EUR as bottom currency serves the purpose to normalized market trading. AUD/GBP against a 1000 point exchange rate differential to AUD/EUR becomes the bottom currency in any market crash scenario either derived from the entire currency market or from Australia's financial system. AUD/GBP then serves as the absolute bottom to rescue AUD/USD prices and its cross pairs. Why the safety measure to a rescue is to prevent a currency price to achieve 0 as this means a nation is completely bankrupt.
AUD/CAD Vs AUD/NZD Top
AUD's cross pair top is AUD/CAD. Why not AUD/NZD as the top currency is because the 1.0000's exchange rate and 0.9600's reciprocal lacks a fit to AUD and its cross pairs. In many instances throughout a trading year, AUD/NZD's reciprocal factors to AUD/CAD but not at this time which means the relationship is off kilter.
Secondly, AUD/NZD serves AUD's purpose as a forecast currency. The number 1 and 2 currencies forecasted from AUD/NZD are AUD/CAD and GBP/CAD. Speculation exist NZD/CAD also forecasts.
From a total of about 60 combinations tested, AUD/CAD forecasted 18 times Vs 15 for GBP/CAD. Most instances both currencies factored together in the same test.
Further, EUR/CAD and USD/CAD each forecasted 2 times. Why EUR/CAD failed to forecast is because EUR/CAD is automatically built into AUD/USD and AUD/CHF's reciprocal price. If AUD/USD is neutral inside AUD cross pairs then naturally, EUR/CAD must also serve neutrality as USD/AUD. Similarly, USD/AUD and AUD/NZD are naturally built into USD/CAD's price. The test confirmed what was already known and how to arrange a USD/CAD forecast.
The relationship AUD shares to CAD is strong, deep and vital to trades, forecasts and overall currency market prices.
AUD/NZD Vs AUD/EUR
The clear driver to overall AUD prices is AUD/EUR, EUR/AUD as reciprocal and for many reasons. AUD/USD, AUD/CHF and AUD/JPY align more closely to AUD/EUR than AUD/CAD or AUD/NZD. The evidence is seen because from a 0 point exchange rate perspective as shown by currency brokers, the vast majority of exchange rate averages factors from low 0.7000's to higher 0.7800's. AUD/CAD and AUD/NZD operate on higher averages from 0.7000's.
What 0.7000's signify is the AUD relationship to USDCAD as reciprocal and built into the interlocking system by osmosis. A USD/CAD forecast may easily derive from AUD. Further, 0.7000's represent tops, bottoms and targets for middle AUD pairs.
AUD/EUR as bottom is located inside the EUR/AUD price and EUR/AUD as wide range currency far outpaces AUD/NZD and AUD/CAD combined.
AUD = AUD and Same Principle as GBP =GBP
Each AUD pair shares its own space either as a reciprocal exchange rate or straight AUD and exactly similar to GBP, AUD exchange rates never violate the next exchange rate space. This means AUD drivers may derive from AUD/EUR as much as AUD/NZD or any pair in between.
AUD ranges from 0 point exchange rates operates on a step system from AUD/EUR at the lowest range to AUD/NZD at widest range. Reciprocals however are quite different and contain far higher ranges than straight AUD pairs. AUD is a self contained financial instrument and trades on purpose within its own universe.
AUD Forecasts
Exactly similar to GBP, exact entries and targets involves minor steps. To miss this stage of execution fails to forecast AUD or any currency pair associated to AUD correctly. The exact same stops are found in GBP and a requirement to forecast GBP pairs.
Forecasts
All AUD and AUD/NZD
= AUD/CAD and AUD/CHF
Minus AUD/NZD and AUD/GBP =AUD/CHF and AUD/CAD
AUD/NZD Re arranged = AUD/GBP and AUD/CAD.
AUD/NZD re arranged, minus AUD/GBP = AUD/CHF and AUD/CAD
So not to totally lose the crowd, about 60 more of the above combinations were ran as reciprocals and straight exchange rates to reveal exchange rates predict exchange rates.
If a particular currency pair is the trade focus then what must be known is from which pairs to forecast. A perfect trade forecast takes about 2 minutes, literally 2 minutes and literally perfect.
The term trade refers to weeklies and bi weekly in certain circumstances. Forecasts are perfect and beats math, trade tools and whatever else traders use to trade. Possibly I will write the 60 + forecasts on my site.
Trading currencies and other financial instruments carries a degree of loss and possible loss of entire investments. Please managed your own risks, stop loss, and margins requirements.
Editors’ Picks
EUR/USD trades with negative bias, holds above 1.0700 as traders await US PCE Price Index
EUR/USD edges lower during the Asian session on Friday and moves away from a two-week high, around the 1.0740 area touched the previous day. Spot prices trade around the 1.0725-1.0720 region and remain at the mercy of the US Dollar price dynamics ahead of the crucial US data.
GBP/USD trades on a softer note below 1.2530 ahead of US PCE data
GBP/USD trades on a weaker note around 1.2502 during the early Asian trading hours on Friday. The modest rebound of the US Dollar weighs on the major pair despite weaker US GDP growth numbers. The US Personal Consumption Expenditures Price Index data on Friday will be in the spotlight.
USD/JPY jumps above 156.00 on BoJ's steady policy
USD/JPY has come under intense buying pressure, surging past 156.00 after the Bank of Japan kept the key rate unchanged but tweaked its policy statement. The BoJ maintained its fiscal year 2024 and 2025 core inflation forecasts, disappointing the Japanese Yen buyers.
Editors’ Picks
EUR/USD trades with negative bias, holds above 1.0700 as traders await US PCE Price Index
EUR/USD edges lower during the Asian session on Friday and moves away from a two-week high, around the 1.0740 area touched the previous day. Spot prices trade around the 1.0725-1.0720 region and remain at the mercy of the US Dollar price dynamics ahead of the crucial US data.
USD/JPY jumps above 156.00 on BoJ's steady policy
USD/JPY has come under intense buying pressure, surging past 156.00 after the Bank of Japan kept the key rate unchanged but tweaked its policy statement. The BoJ maintained its fiscal year 2024 and 2025 core inflation forecasts, disappointing the Japanese Yen buyers.
Gold price flatlines as traders look to US PCE Price Index for some meaningful impetus
Gold price lacks any firm intraday direction and is influenced by a combination of diverging forces. The weaker US GDP print and a rise in US inflation benefit the metal amid subdued USD demand. Hawkish Fed expectations cap the upside as traders await the release of the US PCE Price Index.
Sei Price Prediction: SEI is in the zone of interest after a 10% leap
Sei price has been in recovery mode for almost ten days now, following a fall of almost 65% beginning in mid-March. While the SEI bulls continue to show strength, the uptrend could prove premature as massive bearish sentiment hovers above the altcoin’s price.
US core PCE inflation set to signal firm price pressures as markets delay Federal Reserve rate cut bets
The core PCE Price Index, which excludes volatile food and energy prices, is seen as the more influential measure of inflation in terms of Fed positioning. The index is forecast to rise 0.3% on a monthly basis in March, matching February’s increase.
RECOMMENDED LESSONS
Making money in forex is easy if you know how the bankers trade!
Discover how to make money in forex is easy if you know how the bankers trade!
5 Forex News Events You Need To Know
In the fast moving world of currency markets, it is extremely important for new traders to know the list of important forex news...
Top 10 Chart Patterns Every Trader Should Know
Chart patterns are one of the most effective trading tools for a trader. They are pure price-action, and form on the basis of underlying buying and...
7 Ways to Avoid Forex Scams
The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?
What Are the 10 Fatal Mistakes Traders Make
Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.