Closing Price Forecast: 10 Currencies

EURUSD Close expected 1.1202 but not bad at 1.1216 for next week’s trades

Next week means we short around 1.1343 target 1.1212
and close next Friday at 1.1198, still bout 30 pips shy to this week’s 1.1166 target

This week’s 60 pip miss however means must compensate for the bottom target.

Next week means Long 1.1216 and 1.1202 to target 1.1343
Then short 1.1343 to target 1.1212

EURUSD Next week trades informs forget about 1.1400’s trading
And not from close 1.1202, 1.1212, 1.1238, nor 1.1251 or 1.1264
1.1400’s not trading anytime soon

EURUSD next week 1.1400’s trades like this

From 1.1202 and 1.1212 closes, massive and deep Overbought at 1.1366

From 1.1238 closes then 1.1372 massive overbought.

From 1.1251 and 1.1264 closes then 1.1375 and 1.1376 massive overbought

What 1.1400’s means for EUR/USD

From 1.1264 and 1.1251, Then 1.1400’s results to 1.1430,
From 1.1238 means 1.1425
From 1.1212 and 1.1202 means 1.1418
Overall 12 pip spread and no ability to trade 1.1400’s as EUR/USD then hits the overbought Richter Scale.

GBP/USD

Expected close 1.2546 and 1.2559
Means from 1.2546, shorts at 1.2667 to target 1.2556 and close next Friday 1.2544
Assumes 1.2520’s must hold

From 1.2559 close, short 1.2665 targets 1.2569 and close next Friday at 1..2545 and 1.2557
From 1.2569 Close, short 1.2665

GBP/USD 1.2665 lines up as perfect short next week and vs Richter Scale overbought at 1.2713.

Break next week at 1.2520’s then targets 1.2461 & 1.2448 and Friday close 1.2448 and 1.2432

And 2 week’s trade from today is a great trade long 1.2348 to target 1.2522

For GBP/USD we want ultimately GBPJPY compliance by close 134.10 and 133.72. Then comes good double trade long.

And further agreement to higher for wide rangers GBP/AUD and GBP/NZD as prices currently sit on the floor at deep Lows.

Forget GBPCAD cause its a dead issue.

Should GBP/USD decide to close in the 1.2600’s then a short trade as a market gift is given.

AUD/USD Close 0.6858

NZD/USD short next week any price above 0.6510

EUR/JPY close 121.32

USD/CAD 1.3581

EUR/CAD 1.5258 expected however close to 1.5300’s and high 1.5200;s offers free trade, market gift short next week.

EUR/AUD 1.6210

GBP/AUD 1.8109

CAD/JPY 78.23 and deeply oversold.

 

Brian Twomey

Weekly Trade Results: EUR/USD, GBP/CAD, EUR/JPY

EUR/USD

Short 1.1288 and 1.1312 to target 1.1166.
Highs 1.1372, off 60 pip bonus, Lows 1.1258
Monday Highs 1.1345 Lows 1.1258 +87 pips
Forced to add Lot on rare EUR miss entry, rare day for EUR

means either break even on entry 1.1288 and 1.1312 or profit
Today lows 1.1255, means +57 pips so far to original entry 1.1312.
if held to target from add lot at 1.1372 then +117 pips
Weekly Close as of this day 1.1204 expected

GBPCAD

Long 1.6882 & 1.6867 to target 1.7012.
Lows 1.6887, Highs 1.7012
Target achieved +26 Pips

2nd Leg

Long above 1.7030 to target 1.7162.
Lows 1.7030, Highs 1.7166
Target achieved 1.7162 and +136 Pips
2 Trades + 162 pips

EURJPY

Short 121.05 and 121.23 to target 120.25.
Highs 121.97, Lows 120.26
Entry off 74 pips, rare day for EUR/JPY

target achieved 120.26 vs Target reported 120.25

Despite missed entry, target achieved today at 120.26, missed by 1 pip

Add lot Monday at 121.97, Lows 121.14 +83 pips and exit at break even from 121.23

That’s 1 option

2nd Option hold to target from 121.97 and +171 pips
3rd Option hold to 121.05 and 121.23 at Break Even then exit
4th Option hold to profit

Overall GBPCAD +162 pips, EURJPY 171 pips and EUR/USD +117 pips and running

3 trades +450 pips

 

Brian Twomey

10 Nation Interest Rate Index: 2007 -2015

As 1980 adoption of Supply Side economics was replaced in favor of Keynesian stimulus by many nations due to the 2008 crisis, interest rates in 10 nations from 2008- 2009 experienced not only the largest collapse year over year since the crisis at a  negative rate of change of 24.94% , minus 19.72% year over year but the  downward trajectory continued to present day. Easily arguable is interest rates peaked from the 2003 – 2006 economic boom because of the 2007 – 2008 minus 20.93% rate of change and minus 3.581% plummet year over year. Viewed from 2014 – 2015, the negative rate of change was approximately 40% of the 2008 – 2009  depreciation and minus 8.58% year over year. The violent reductions were seen specifically as 2008 – 2009 experienced a 20  index point plunge while 2014 – 2015 lost nine points. Year 2008 was a turning point for markets and central banks as the policy choice dilemma was stimulus or adjust for the future.

As regressive stimulus policy was chosen and viewed from the January 1972 free float separated by four quadrants with each quadrant valued at 12.5 years, 2008 was the demarcation line of the 3rd and 4th quadrant. Stimulus policy expedited markets into the current 4th and final quadrant. Since 1694 and Bank of England establishment as the world’s first central bank followed by Scotland in 1695, its customary and traditional for central banks to adopt questionable 4th quadrant  policies to last to the final 50th year when a new market period highlighted by prosperity reigns. Sir Isaac Newton began cycles and quadrants when as Chancellor of the Exchequer overvalued Gold in relation to Silver in 1717. Further 50 year market periods 1770 -1820, 1820 – 1870, 1870 – 1920 and Gold wars of the 1960’s were characterized based on Gold’s fixed valuations. Why 4th quadrant policies are generally questionable is because of traditional 2nd quadrant market crashes.  New policy prescriptions are implemented in 4th quadrants as third quadrant corrections end from 2nd quadrant crashes.

A 10 supra national Simple Interest Rate  index was constructed to determine not only the current economic context but interest rate situation particularly as it relates to the five negative interest rate nations. The 10 nation supra national index includes Switzerland, Europe, Japan, Sweden, Norway, United States,  UK, New Zealand, Australia and Canada. Interest rates include Saron -Switzerland, Eonia – Europe, OCR – New Zealand, OCR -Australia, Call Rates -Japan, Stibor – Sweden, NOWA – Norway, Fed Funds – United States, Sonia- UK and Corra – Canada. Negative interest rate nation Denmark was slated as the 11th cohort but the Denmark Central bank in cooperation with the Danish Bankers Association is in transition to transfer Tom/Next data responsibilities to NASDAQ OMX. Current data rather than historic was a severe problem to obtain. Negative interest rate supra nationals include Switzerland, Europe, Japan, Sweden.

Monthly data was aggregated from January 2007 – January 2015 for each index component and calculated as  simple moving averages recorded in successive order from 1 – 9 years for each nation, a total of 90 moving averages. Data points total 1080, 108 monthly averages for each nation. As a Simple Index, 2007 was the base year to view specifically 2008 – 2015. Overnight interest rates constitute the commonality amongst index component interest rates.

As many nations abandoned Libor Fix participation, central banks began a long arduous process to review national commonalities to revamp overnight rates. Traditional overnight rates were set low to both balance end of day bank  surpluses and deficits but also to gain competitive advantage in other nations’ markets. Why overnight rates is due to disjunctions between and among nations in specific  markets. UK and the United States for example lacks a 60 day maturity relationship while New Zealand and Australia is void in the 1 year maturity connection. The most important consideration to revamp overnight rates was re-establish corridor systems inside respective nations markets as well as between and among nations.

The ECB corridor from Eonia to the Refinance Rate was traditionally set at 75 basis points post 2008, 100 bps since Euro introduction  but due to four Eonia reductions from June 2014 to current day, the corridor is today 60 bps. Further current corridors:  US from Fed Funds to headline is 14 bps and 77 bps from Eonia to Fed Funds. Japan to Europe is measured at 30 bps and 47 bps to Fed Funds. Australia and New Zealand share a 25 bps relationship, 77 and 88 bps from Fed Funds.  Inside Australia, the corridor is five bps and eight for New Zealand. Swiss to Europe allocates 30 bps , 30 bps to Sweden, 20 bps to Canada, 1.07 to Fed Funds. The UK to Europe corridor is 80 bps, 9 bps to Fed Funds and four inside the UK. Not only did interest rates peak in 2007 but corridor compression is the result of adoption of Silvio Gesell’s first time  implementation of negative interest rate experiments.

Based on Gesell’s 1906 “Natural Economic Order” and 1891 “Reformation of Coinage as a Bridge to the Social State”, central bank policy delineates three factors of Gesell: stop the rate of interest  growth, contol money velocity and stop exchange rate appreciation. Velocity is key especially as money is directed inside small corridors.  If money supply velocity is measured as GDP divided by monies in circulation then the object to money circulation is to channel money inside smaller corridors. Economically, velocity equalizes goods and money relationships to determine prices and stabilize purchasing power.  Money is stagnated by rates of interest growth and if removed, GDP would rise quickly to the point negative interest would be justified. Gesell views interest rates in reverse order as prices drive interest rates rather than rises and falls in money supplies.

A further policy to ensure money direction inside corridors is to eliminate interest rate maturities then connect remainder interest rate categories to an interest rate Fix based on volume. The ECB  constituted 15 maturities upon Euro introduction then eight in 2013 and five maturities will be offered July 1. The Federal Reserve adopted volume weighted medians March 1. Consolidated maturities allows future interest rate rises and reductions to normalize expeditiously. The ECB for example normalizes many months post rate rises or falls while New Zealand and Australia normalize within days. The downside to consolidated maturities and volume Fixes are ability to control and slow volatility.

As 2008 – 2009 experienced  negative rates of change of 24.94% and minus 19.72% year over year, overnight rates continued a slower rate of change decline until 2014 – 2015 accomplished negative 19.02% rate of change and minus 8.58% actual year over year. The ECB was first in June 2014 to slash Eonia to zero then entered negative territory September 2014 followed by the Swiss in December 2014 and Sweden Q1 2015. Canada reduced Corra January 2015 while New Zealand dropped OCR from January 2008 at 8.25% to current 2.25%. While rates of change slowed from 2008 – 2014, actual year over year changes maintained a steady rate  of decrease as 2012 -2015 achieved minus 30.23% collectively yet the full contraction began aggressively again in 2011 from 2008 minus 33.23% and negative 19.72%.

The mean of the 2007 base period was 1.7109  and consistent  as measured against forward rates year over year although seven year rates calculated six years forward at 1.9762 lacks synchronicity to remainder yearly maturities. Correct forward curves are smooth and ordered maturities alongside sufficient distance to allow trades between  rates. An out of sync maturity alters curve dynamics. Year 2010 as the six year rate experienced an increase in yearly averages, index values and stagnant rates of change. Rates of change and year over year values were factored to 0.64% and 0.39%. The two year rate, 1 year forward, three year rate 2 years forward and four year rate, three years forward factor to 1.9317, 1.9392 and 2.12. The enormity of the eight to nine year rate of change of 33.23%  is  viewed from the eight year rate, seven years forward at 6.95 and the precipitious drop seen seven years later to current 1.9317.

Descending forward rate lines means a huge hurdle must be overcome if ever interest rates change course and rise. In volatile and uncertain interest rate markets, ability to lock in forwards for future dates becomes harder to pinpoint the correct tradeable maturity. Hedges must adjust constantly.

The Carry Trade measured from high to low mean index values and calculated to foreign exchange pips reveal 10,860 pips were lost since 2007, 7279 since 2008 and under the current 11,679 mid point.  The index began in 2007 at 17109 pips and ended January 2015 at 6249. In actual yearly pips lost, 2015 experienced the sharpest decline at 1080 pips. In 44 years of currency trading since the January 1972 free float in monthly averages, 18 years reveal 1000 pip or more years and 10 years experienced 1500 pips or more. Falling interest and exchange rates  lends uncertainty to carry trades as a steady source of income, currency value appreciation and yield gain.

Aggregate weights were calculated year over year to confirm not only the divison between the 6 and 7 year maturities but also confirms the downslope year over year.  Aggregate weights rarely hold enormous tradable revelations however weights provide insights to positions and possible adjustments as the Simple Index is oversold  while aggregate weights lean towards overbought. The monitor for the future is possible base effects or at least a slower rate of change as  aggregate weights reveal 1.2349 from year 2015.

Among the five negative interest rate nations, Swiss Saron is negative to the seven year average while Eonia is negative to the three year. Stibor is negative to the one year average while Norway and Japan remain positive from 1 – 9 years. Denmark’s Tom /Next rates as speculation based on compiled data is negative to the four or five year average.

As Quantitative Easing met Keynesian liquidity traps when interest rates attained zero and intended economic effects failed to materialize,  negative interest adoption appears as a new method in continuation of the 2007 peak. Negative interest is a break of the positive zero point as ranges encompass 0.0 – 1.0. While zero is the bottom, negative zero represents catastrophic collapse because money would achieve negative value. As ranges, Sweden and the ECB remain middle bound while Japan and Norway are  top of the range. Denmark and Switzerland are located at bottom ranges.

The crisis and precipitious drop in 2009 – 2008 offered downside trend momentum. Central banks not only adopted Gesell’s negative interest rate theories but follow Gesell explicitly in terms of exchange rate depreciation, slow interest rate of growth and channel money velocities. The current period represents implementation yet the future question once interest rates bottom and reverse course is how to view quantatitive easing or will central  banks revert to supply side policies by addition and subtraction of daily money to balance the system. This question assumes success in current implementation. Negative interest is not only here to stay for the foreseeable future until Inflation targets are achieved  but more central banks are expected to adopt negative interest rates to remain competitive. Norway, Bulgaria, Czech Republic and Israel are possible candidates.

 

 

MOVING AVG AVG INDEX VALUE BASE 100 RATE OF CHANGE % YVY ACTUAL % CHANGE YVY ACTUAL Bps AGGREGATE WEIGHT Forwards Rates High Low Pips Bps HIGH LOW
2007 9Y 1.7109 -3581.00% 10,860 17109
2008 8Y 1.3528 0.7906 79.06% -20.93% -19.72% -0.3582 1.2647 9v8=8.4205 13528
2009 7Y 1.0154 0.5934 59.34% -24.94% -0.6956 1.3322 8V.7=6.9526 10154
2010 6Y 1.022 0.5973 59.73% 0.65% 0.39 -0.6889 0.9935 7V6=1.9762 10220
2011 5Y 0.9929 0.5803 58.03% -2.84% -1.70% -0.718 1.0293 6V5=2.1743 9929
2012 4Y 0.8957 0.5235 52.35% -9.78% -5.68% -0.8152 1.1085 5V4=2.4345 8957
2013 3Y 0.8247 0.482 48.20% -7.92% -4.15% -0.8862 1.086 4V3=2.12 8247
2014 2Y 0.7717 0.451 45.10% -6.43% -3.10% -0.9392 1.0686 3V2=1.9392 7717
2015 1Y 0.6249 0.3652 36.52% -19.02% -8.58% -1.086 1.2349 2V1=1.9317 6249

 

 

 

Brian Twomey

 

 

 

Home Ownership Rates by State: 1910 to 2000

Homeownership Rates

	                2000	1990	1980	1970	1960	1950	1940	1930	1920	1910	1900

United States        	66.2%	64.2%	64.4%	62.9%	61.9%	55.0%	43.6%	47.8%	45.6%	45.9%	46.5%

Alabama	                72.5%	70.5%	70.1%	66.7%	59.7%	49.4%	33.6%	34.2%	35.0%	35.1%	34.4%
Alaska	                62.5%	56.1%	58.3%	50.3%	48.3%	54.5%	 NA      NA	 NA      NA	 NA
Arizona	                68.0%	64.2%	68.3%	65.3%	63.9%	56.4%	47.9%	44.8%	42.8%	49.2%	57.5%
Arkansas	        69.4%	69.6%	70.5%	66.7%	61.4%	54.5%	39.7%	40.1%	45.1%	46.6%	47.7%
California	        56.9%	55.6%	55.9%	54.9%	58.4%	54.3%	43.4%	46.1%	43.7%	49.5%	46.3%
Colorado	        67.3%	62.2%	64.5%	63.4%	63.8%	58.1%	46.3%	50.7%	51.6%	51.5%	46.6%
Connecticut	        66.8%	65.6%	63.9%	62.5%	61.9%	51.1%	40.5%	44.5%	37.6%	37.3%	39.0%
Delaware	        72.3%	70.2%	69.1%	68.0%	66.9%	58.9%	47.1%	52.1%	44.7%	40.7%	36.3%
Dist. of Columbia	40.8%	38.9%	35.5%	28.2%	30.0%	32.3%	29.9%	38.6%	30.3%	25.2%	24.0%
Florida	                70.1%	67.2%	68.3%	68.6%	67.5%	57.6%	43.6%	42.0%	42.5%	44.2%	46.8%
Georgia	                67.5%	64.9%	65.0%	61.1%	56.2%	46.5%	30.8%	30.6%	30.9%	30.5%	30.6%
Hawaii	                56.5%	53.9%	51.7%	46.9%	41.1%	33.0%	 NA      NA	 NA      NA	 NA
Idaho	                72.4%	70.1%	72.0%	70.1%	70.5%	65.5%	57.9%	57.0%	60.9%	68.1%	71.6%
Illinois	        67.3%	64.2%	62.6%	59.4%	57.8%	50.1%	40.3%	46.5%	43.8%	44.1%	45.0%
Indiana	                71.4%	70.2%	71.7%	71.7%	71.1%	65.5%	53.1%	57.3%	54.8%	54.8%	56.1%
Iowa	                72.3%	70.0%	71.8%	71.7%	69.1%	63.4%	51.5%	54.7%	58.1%	58.4%	60.5%
Kansas	                69.2%	67.9%	70.2%	69.1%	68.9%	63.9%	51.0%	56.0%	56.9%	59.1%	59.1%
Kentucky	        70.8%	69.6%	70.0%	66.9%	64.3%	58.7%	48.0%	51.3%	51.6%	51.6%	51.5%
Louisiana	        67.9%	65.9%	65.5%	63.1%	59.0%	50.3%	36.9%	35.0%	33.7%	32.2%	31.4%
Maine	                71.6%	70.5%	70.9%	70.1%	66.5%	62.8%	57.3%	61.7%	59.6%	62.5%	64.8%
Maryland	        67.7%	65.0%	62.0%	58.8%	64.5%	56.3%	47.4%	55.2%	49.9%	44.0%	40.0%
Massachusetts	        61.7%	59.3%	57.5%	57.5%	55.9%	47.9%	38.1%	43.5%	34.8%	33.1%	35.0%
Michigan	        73.8%	71.0%	72.7%	74.4%	74.4%	67.5%	55.4%	59.0%	58.9%	61.7%	62.3%
Minnesota	        74.6%	71.8%	71.7%	71.5%	72.1%	66.4%	55.2%	58.9%	60.7%	61.9%	63.5%
Mississippi	        72.3%	71.5%	71.0%	66.3%	57.7%	47.8%	33.3%	32.5%	34.0%	34.0%	34.5%
Missouri	        70.3%	68.8%	69.6%	67.2%	64.3%	57.7%	44.3%	49.9%	49.5%	51.1%	50.9%
Montana                	69.1%	67.3%	68.6%	65.7%	64.0%	60.3%	52.0%	54.5%	60.5%	60.0%	56.6%
Nebraska        	67.4%	66.5%	68.4%	66.4%	64.8%	60.6%	47.1%	54.3%	57.4%	59.1%	56.8%
Nevada	                60.9%	54.8%	59.6%	58.5%	56.3%	48.7%	46.1%	47.1%	47.6%	53.4%	66.2%
New Hampshire	        69.7%	68.2%	67.6%	68.2%	65.1%	58.1%	51.7%	55.0%	49.8%	51.2%	53.9%
New Jersey	        65.6%	64.9%	62.0%	60.9%	61.3%	53.1%	39.4%	48.4%	38.3%	35.0%	34.3%
New Mexico	        70.0%	67.4%	68.1%	66.4%	65.3%	58.8%	57.3%	57.4%	59.4%	70.6%	68.5%
New York	        53.0%	52.2%	48.6%	47.3%	44.8%	37.9%	30.3%	37.1%	30.7%	31.0%	33.2%
North Carolina	        69.4%	68.0%	68.4%	65.4%	60.1%	53.3%	42.4%	44.5%	47.4%	47.3%	46.6%
North Dakota	        66.6%	65.6%	68.7%	68.4%	68.4%	66.2%	49.8%	58.6%	65.3%	75.7%	80.0%
Ohio	                69.1%	67.5%	68.4%	67.7%	67.4%	61.1%	50.0%	54.4%	51.6%	51.3%	52.5%
Oklahoma	        68.4%	68.1%	70.7%	69.2%	67.0%	60.0%	42.8%	41.3%	45.5%	45.4%	54.2%
Oregon	                64.3%	63.1%	65.1%	66.1%	69.3%	65.3%	55.4%	59.1%	54.8%	60.1%	58.7%
Pennsylvania	        71.3%	70.6%	69.9%	68.8%	68.3%	59.7%	45.9%	54.4%	45.2%	41.6%	41.2%
Rhode Island	        60.0%	59.5%	58.8%	57.9%	54.5%	45.3%	37.4%	41.2%	31.1%	28.3%	28.6%
South Carolina	        72.2%	69.8%	70.2%	66.1%	57.3%	45.1%	30.6%	30.9%	32.2%	30.8%	30.6%
South Dakota	        68.2%	66.1%	69.3%	69.6%	67.2%	62.2%	45.0%	53.1%	61.5%	68.2%	71.2%
Tennessee	        69.9%	68.0%	68.6%	66.7%	63.7%	56.5%	44.1%	46.2%	47.7%	47.0%	46.3%
Texas	                63.8%	60.9%	64.3%	64.7%	64.8%	56.7%	42.8%	41.7%	42.8%	45.1%	46.5%
Utah	                71.5%	68.1%	70.7%	69.3%	71.7%	65.3%	61.1%	60.9%	60.0%	64.8%	67.8%
Vermont	                70.6%	69.0%	68.7%	69.1%	66.0%	61.3%	55.9%	59.8%	57.5%	58.5%	60.4%
Virginia	        68.1%	66.3%	65.6%	62.0%	61.3%	55.1%	48.9%	52.4%	51.1%	51.5%	48.8%
Washington	        64.6%	62.6%	65.6%	66.8%	68.5%	65.0%	57.0%	59.4%	54.7%	57.3%	54.5%
West Virginia	        75.2%	74.1%	73.6%	68.9%	64.3%	55.0%	43.7%	45.9%	46.8%	49.5%	54.6%
Wisconsin	        68.4%	66.7%	68.2%	69.1%	68.6%	63.5%	54.4%	63.2%	63.6%	64.6%	66.4%
Wyoming	                70.0%	67.8%	69.2%	66.4%	62.2%	54.0%	48.6%	48.3%	51.9%	54.5%	55.2%


       Brian Twomey

AUD/USD and AUD/GBP Historic Rates 1919 -2014

03/31/1919 2.37905 2.37915 2.29 2.29 0.498 0.51175 0.4975 0.51175
06/30/1919 2.2925 2.34315 2.29 2.295 0.497 0.5005 0.497 0.5
09/30/1919 2.28625 2.28625 2.06125 2.09 0.50555 0.50555 0.4965 0.4965
12/31/1919 2.09 2.11125 1.82625 1.875 0.5 0.5097 0.5 0.50505
03/31/1920 1.89 1.97125 1.59 1.935 0.52355 0.52355 0.4794 0.4794
06/30/1920 1.95625 1.99375 1.875 1.97185 0.51175 0.51175 0.49505 0.499
09/30/1920 1.9725 1.97375 1.7175 1.73 0.51815 0.51815 0.50555 0.50555
12/31/1920 1.73375 1.7625 1.6656 1.7625 0.502 0.502 0.4864 0.4897
03/31/1921 1.765 1.96375 1.765 1.95875 0.48355 0.497 0.48355 0.49455
06/30/1921 1.9544 2 1.84625 1.85875 0.49215 0.5097 0.49215 0.5035
09/30/1921 1.86 1.86375 1.7769 1.86 0.50555 0.50555 0.48685 0.49555
12/31/1921 1.86125 2.10315 1.86125 2.10315 0.4883 0.49215 0.4883 0.4897
03/31/1922 2.1 2.20935 2.085 2.18625 0.49215 0.498 0.4907 0.498
06/30/1922 2.18625 2.25 2.18625 2.2006 0.499 0.5071 0.499 0.5071
09/30/1922 2.20935 2.24 2.1806 2.18375 0.50405 0.51125 0.50405 0.51125
12/31/1922 2.19095 2.33425 2.19095 2.33425 0.5035 0.50405 0.5035 0.50405
03/31/1923 2.31815 2.3575 2.3131 2.3375 0.50865 0.50865 0.50505 0.50865
06/30/1923 2.3375 2.3375 2.28375 2.28625 0.50915 0.51075 0.50915 0.51075
09/30/1923 2.28185 2.30125 2.25095 2.2999 0.50865 0.50865 0.50605 0.50605
12/31/1923 2.2675 2.27625 2.13 2.15935 0.51075 0.5128 0.51075 0.51125
03/31/1924 2.13625 2.17 2.1019 2.1481 0.50605 0.5097 0.50605 0.50915
06/30/1924 2.14935 2.19185 2.1478 2.15935 0.5076 0.51975 0.5076 0.5128
09/30/1924 2.1575 2.30735 2.1575 2.225 0.5097 0.51545 0.5097 0.51545
12/31/1924 2.2306 2.3889 2.22595 2.36125 0.51385 0.51705 0.51385 0.51545
03/31/1925 2.3719 2.39875 2.37065 2.38625 0.51705 0.5192 0.51705 0.51865
06/30/1925 2.38625 2.457 2.38625 2.4281 0.51335 0.51335 0.5025 0.5025
09/30/1925 2.4278 2.42875 2.41935 2.41935 0.502 0.503 0.502 0.502
12/31/1925 2.41845 2.425 2.4175 2.42405 0.5015 0.502 0.5015 0.5015
03/31/1926 2.42345 2.43785 2.42315 2.42935 0.501 0.502 0.501 0.5015
06/30/1926 2.42955 2.4322 2.4247 2.4311 0.5015 0.5015 0.5005 0.5005
09/30/1926 2.43295 2.43295 2.4219 2.42375 0.501 0.501 0.5005 0.5005
12/31/1926 2.42345 2.4307 2.42 2.42405 0.502 0.502 0.5015 0.5015
03/31/1927 2.4244 2.42625 2.4222 2.42595 0.502 0.502 0.5015 0.5015
06/30/1927 2.42595 2.4278 2.42485 2.4258 0.501 0.501 0.5 0.5
09/30/1927 2.42595 2.43125 2.4213 2.4303 0.499 0.499 0.4985 0.4985
12/31/1927 2.4306 2.44 2.4306 2.4381 0.4985 0.4985 0.498 0.4985
03/31/1928 2.43845 2.4392 2.4325 2.43875 0.499 0.499 0.498 0.498
06/30/1928 2.43875 2.4397 2.435 2.43625 0.498 0.4985 0.498 0.4985
09/30/1928 2.4347 2.4347 2.41315 2.41315 0.499 0.499 0.498 0.498
12/31/1928 2.4225 2.425 2.42155 2.4244 0.498 0.498 0.4975 0.498
03/31/1929 2.42345 2.42565 2.4143 2.4143 0.498 0.498 0.498 0.498
06/30/1929 2.42405 2.425 2.41195 2.41195 0.498 0.498 0.498 0.498
09/30/1929 2.4214 2.4244 2.4203 2.4244 0.4975 0.4975 0.49505 0.49505
12/31/1929 2.4228 2.43905 2.4228 2.4372 0.49405 0.49405 0.4936 0.4936
03/31/1930 2.39465 2.39465 2.3408 2.3408 0.4926 0.4926 0.4817 0.4817
06/30/1930 2.2915 2.2915 2.2894 2.2894 0.4717 0.4717 0.47125 0.47125
09/30/1930 2.29255 2.29465 2.29045 2.29045 0.4708 0.4717 0.4708 0.4717
12/31/1930 2.25225 2.25225 2.23815 2.23815 0.4638 0.4638 0.46125 0.46125
03/31/1931 2.02185 2.02185 1.86565 1.86755 0.41665 0.41665 0.3843 0.3846
06/30/1931 1.86775 1.87115 1.86755 1.86945 0.3846 0.3846 0.3846 0.3846
09/30/1931 1.8697 1.87235 1.3423 1.48845 0.3846 0.3846 0.3846 0.3846
12/31/1931 1.5154 1.51925 1.24325 1.29905 0.3846 0.3846 0.3846 0.3846
03/31/1932 1.357 1.5115 1.339 1.5065 0.3846 0.4 0.3846 0.4
06/30/1932 1.509 1.518 1.435 1.435 0.4 0.4 0.4 0.4
09/30/1932 1.427 1.4305 1.3785 1.3785 0.4 0.4 0.4 0.4
12/31/1932 1.3815 1.382 1.25775 1.331 0.4 0.4 0.4 0.4
03/31/1933 1.334 1.384 1.3251 1.367 0.4 0.4 0.4 0.4
06/30/1933 1.3685 1.72 1.364 1.702 0.4 0.4 0.4 0.4
09/30/1933 1.727 1.928 1.727 1.9005 0.4 0.4 0.4 0.4
12/31/1933 1.909 2.155 1.794 2.048 0.4 0.4 0.4 0.4
03/31/1934 2.058 2.058 1.948 2.049 0.4 0.4 0.4 0.4
06/30/1934 2.05475 2.069 2.011 2.017 0.4 0.4 0.4 0.4
09/30/1934 2.01825 2.0395 1.984 1.9845 0.4 0.4 0.4 0.4
12/31/1934 1.966 2 1.956 1.9745 0.4 0.4 0.4 0.4
03/31/1935 1.975 1.975 1.8895 1.914 0.4 0.4 0.4 0.4
06/30/1935 1.9155 1.978 1.9155 1.9755 0.4 0.4 0.4 0.4
09/30/1935 1.976 1.9925 1.963 1.9635 0.4 0.4 0.4 0.4
12/31/1935 1.961 1.9735 1.954 1.972 0.4 0.4 0.4 0.4
03/31/1936 1.9715 2.0085 1.9705 1.98 0.4 0.4 0.4 0.4
06/30/1936 1.982 2.0145 1.9725 2.00575 0.4 0.4 0.4 0.4
09/30/1936 2.00625 2.02675 1.96375 1.978 0.4 0.4 0.4 0.4
12/31/1936 1.972 1.97225 1.949 1.9635 0.4 0.4 0.4 0.4
03/31/1937 1.9635 1.966 1.95025 1.95525 0.4 0.4 0.4 0.4
06/30/1937 1.95625 1.97925 1.95375 1.973 0.4 0.4 0.4 0.4
09/30/1937 1.97725 1.9955 1.97625 1.9795 0.4 0.4 0.4 0.4
12/31/1937 1.98025 2.006 1.97975 1.99875 0.4 0.4 0.4 0.4
03/31/1938 2.0005 2.0135 1.9785 1.98475 0.4 0.4 0.4 0.4
06/30/1938 1.9855 2.00275 1.9735 1.981 0.4 0.4 0.4 0.4
09/30/1938 1.982 1.982 1.84 1.9245 0.4 0.4 0.4 0.4
12/31/1938 1.92675 1.9275 1.8505 1.8545 0.4 0.4 0.4 0.4
03/31/1939 1.84875 1.87875 1.84875 1.87125 0.4 0.4 0.4 0.4
06/30/1939 1.87075 1.87375 1.8705 1.8715 0.4 0.4 0.4 0.4
09/30/1939 1.8715 1.87325 1.49 1.605 0.4 0.4 0.4 0.4
12/31/1939 1.604 1.614 1.507 1.5815 0.4 0.4 0.4 0.4
03/31/1940 1.5795 1.596 1.378 1.4065 0.4 0.4 0.4 0.4
06/30/1940 1.4175 1.548 1.198 1.506 0.4 0.4 0.4 0.4
09/30/1940 1.506 1.616 1.464 1.614 0.4 0.4 0.4 0.4
12/31/1940 1.614 1.615 1.608 1.614 0.4 0.4 0.4 0.4
03/31/1941 1.614 1.614 1.61 1.612 0.4 0.4 0.4 0.4
06/30/1941 1.612 1.613 1.601 1.612 0.4 0.4 0.4 0.4
09/30/1941 1.612 1.613 1.612 1.612 0.4 0.4 0.4 0.4
12/31/1941 1.612 1.613 1.612 1.613 0.4 0.4 0.4 0.4
03/31/1942 1.613 1.613 1.613 1.613 0.4 0.4 0.4 0.4
06/30/1942 1.613 1.613 1.613 1.613 0.4 0.4 0.4 0.4
09/30/1942 1.613 1.613 1.613 1.613 0.4 0.4 0.4 0.4
12/31/1942 1.613 1.613 1.613 1.613 0.4 0.4 0.4 0.4
03/31/1943 1.613 1.613 1.608 1.608 0.4 0.4 0.4 0.4
06/30/1943 1.608 1.608 1.608 1.608 0.4 0.4 0.4 0.4
09/30/1943 1.608 1.608 1.608 1.608 0.4 0.4 0.4 0.4
12/31/1943 1.608 1.608 1.608 1.608 0.4 0.4 0.4 0.4
03/31/1944 1.608 1.608 1.608 1.608 0.4 0.4 0.4 0.4
06/30/1944 1.608 1.608 1.608 1.608 0.4 0.4 0.4 0.4
09/30/1944 1.608 1.608 1.608 1.608 0.4 0.4 0.4 0.4
12/31/1944 1.608 1.608 1.608 1.608 0.4 0.4 0.4 0.4
03/31/1945 1.608 1.608 1.608 1.608 0.4 0.4 0.4 0.4
06/30/1945 1.608 1.608 1.608 1.608 0.4 0.4 0.4 0.4
09/30/1945 1.608 1.6115 1.608 1.61 0.4 0.4 0.4 0.4
12/31/1945 1.61 1.61 1.61 1.61 0.4 0.4 0.4 0.4
03/31/1946 1.61 1.61 1.61 1.61 0.4 0.4 0.4 0.4
06/30/1946 1.61 1.61 1.61 1.61 0.4 0.4 0.4 0.4
09/30/1946 1.61 1.61 1.61 1.61 0.4 0.4 0.4 0.4
12/31/1946 1.61 1.61 1.61 1.61 0.4 0.4 0.4 0.4
03/31/1947 1.61 1.61125 1.61 1.611 0.4 0.4 0.4 0.4
06/30/1947 1.611 1.6175 1.61075 1.6125 0.4 0.4016 0.4 0.4003
09/30/1947 1.6125 1.6125 1.6125 1.6125 0.4003 0.40095 0.4 0.4
12/31/1947 1.61375 1.61375 1.61375 1.61375 0.4003 0.40065 0.3997 0.4
03/31/1948 1.61375 1.61375 1.61375 1.61375 0.4 0.40065 0.4 0.4003
06/30/1948 1.61375 1.61375 1.61315 1.61315 0.4003 0.4003 0.4 0.4
09/30/1948 1.605 1.61 1.605 1.61 0.3981 0.39935 0.3981 0.39935
12/31/1948 1.61 1.61 1.61 1.61 0.39935 0.39935 0.39935 0.39935
03/31/1949 1.61 1.61 1.61 1.61 0.39935 0.39935 0.39935 0.39935
06/30/1949 1.61 1.61 1.61 1.61 0.3997 0.3997 0.39935 0.39935
09/30/1949 1.61 1.61 1.115 1.115 0.3997 0.3997 0.39745 0.3981
12/31/1949 1.12 1.12 1.12 1.12 0.3997 0.4 0.3997 0.4
03/31/1950 1.12 1.12 1.115 1.115 0.4 0.4 0.3981 0.3981
06/30/1950 1.115 1.115 1.115 1.115 0.3981 0.3981 0.3981 0.3981
09/30/1950 1.115 1.115 1.115 1.115 0.3981 0.3981 0.3981 0.3981
12/31/1950 1.115 1.115 1.115 1.115 0.3981 0.3984 0.3981 0.3981
03/31/1951 1.11 1.12125 1.11 1.12125 0.3981 0.4003 0.3962 0.4003
06/30/1951 1.12 1.1225 1.10625 1.12125 0.4003 0.40065 0.39495 0.4003
09/30/1951 1.115 1.12 1.10625 1.11 0.4003 0.4003 0.39525 0.3965
12/31/1951 1.11065 1.12 1.0875 1.115 0.39685 0.40095 0.3885 0.40095
03/31/1952 1.11125 1.12225 1.1081 1.12215 0.40095 0.40095 0.39715 0.3987
06/30/1952 1.1225 1.1225 1.1078 1.1093 0.39905 0.3997 0.39775 0.3981
09/30/1952 1.11045 1.1145 1.1079 1.1093 0.3981 0.3987 0.3981 0.3981
12/31/1952 1.10905 1.11935 1.10905 1.11935 0.3984 0.3987 0.3981 0.3984
03/31/1953 1.11875 1.12325 1.11875 1.12175 0.3984 0.3984 0.3981 0.3984
06/30/1953 1.1205 1.12265 1.11975 1.1211 0.3984 0.3987 0.3984 0.3984
09/30/1953 1.121 1.12235 1.11385 1.11625 0.3984 0.3984 0.3981 0.3984
12/31/1953 1.11585 1.12045 1.1145 1.11975 0.3984 0.3984 0.3984 0.3984
03/31/1954 1.11975 1.122 1.11975 1.12175 0.3984 0.3984 0.3981 0.3984
06/30/1954 1.12185 1.1233 1.12185 1.12285 0.3984 0.3984 0.3984 0.3984
09/30/1954 1.1228 1.1228 1.11155 1.11425 0.3984 0.3984 0.3984 0.3984
12/31/1954 1.11475 1.11575 1.1094 1.1096 0.3984 0.3984 0.3981 0.3984
03/31/1955 1.10965 1.11275 1.1083 1.11275 0.3984 0.3984 0.3984 0.3984
06/30/1955 1.11275 1.11545 1.10905 1.10955 0.3984 0.3984 0.3984 0.3984
09/30/1955 1.10965 1.11195 1.1088 1.11005 0.3984 0.3984 0.3984 0.3984
12/31/1955 1.11005 1.1174 1.11005 1.1165 0.3984 0.3984 0.3984 0.3984
03/31/1956 1.11665 1.1191 1.11625 1.1168 0.3984 0.3984 0.3981 0.3981
06/30/1956 1.11725 1.11965 1.11315 1.1147 0.3981 0.3984 0.3981 0.3984
09/30/1956 1.11425 1.1145 1.10835 1.10845 0.3984 0.39935 0.3981 0.3984
12/31/1956 1.1094 1.1104 1.10835 1.1098 0.3984 0.3984 0.3984 0.3984
03/31/1957 1.11055 1.11555 1.11055 1.1106 0.3984 0.39905 0.3984 0.3984
06/30/1957 1.1097 1.113 1.1097 1.11205 0.3984 0.39905 0.3984 0.3984
09/30/1957 1.11215 1.11365 1.1083 1.11365 0.3984 0.3987 0.3984 0.3984
12/31/1957 1.1135 1.11925 1.11325 1.11925 0.3984 0.3984 0.3981 0.3984
03/31/1958 1.11975 1.1226 1.1191 1.12175 0.3984 0.3984 0.3984 0.3984
06/30/1958 1.12175 1.12285 1.1164 1.1164 0.3984 0.3987 0.3981 0.3981
09/30/1958 1.11695 1.11885 1.11475 1.11815 0.3984 0.3984 0.3984 0.3984
12/31/1958 1.11815 1.11885 1.1158 1.1164 0.3984 0.3984 0.3984 0.3984
03/31/1959 1.1164 1.12185 1.1164 1.12185 0.3984 0.3984 0.3981 0.3984
06/30/1959 1.122 1.1225 1.12 1.12075 0.3984 0.3984 0.3984 0.3984
09/30/1959 1.1204 1.12045 1.11585 1.11645 0.3984 0.3984 0.3981 0.3981
12/31/1959 1.1175 1.11915 1.1141 1.1153 0.3984 0.3987 0.3984 0.3984
03/31/1960 1.1158 1.1185 1.11475 1.11845 0.3984 0.3987 0.3984 0.3984
06/30/1960 1.1175 1.119 1.1135 1.117 0.3981 0.3981 0.39745 0.3981
09/30/1960 1.117 1.121 1.117 1.118 0.3981 0.3984 0.39775 0.39775
12/31/1960 1.11885 1.12115 1.1156 1.1156 0.39775 0.3984 0.39775 0.39775
03/31/1961 1.1165 1.1175 1.1113 1.11365 0.39775 0.3984 0.39745 0.3981
06/30/1961 1.11365 1.11415 1.109 1.1095 0.3981 0.3987 0.39745 0.3981
09/30/1961 1.1095 1.12 1.108 1.12 0.3981 0.3984 0.39745 0.3981
12/31/1961 1.12 1.121 1.117 1.1175 0.3981 0.3984 0.39745 0.3981
03/31/1962 1.1175 1.121 1.1175 1.12 0.3981 0.3981 0.39775 0.3981
06/30/1962 1.1195 1.1205 1.1165 1.1175 0.3981 0.3984 0.39775 0.39775
09/30/1962 1.1175 1.1175 1.114 1.115 0.39775 0.3981 0.39775 0.3981
12/31/1962 1.115 1.116 1.1145 1.1155 0.3981 0.3981 0.39775 0.3981
03/31/1963 1.1155 1.1165 1.114 1.1145 0.3981 0.3981 0.39775 0.3981
06/30/1963 1.114 1.115 1.114 1.1145 0.39775 0.3981 0.39775 0.3981
09/30/1963 1.1145 1.115 1.113 1.113 0.39775 0.3981 0.39775 0.39775
12/31/1963 1.1135 1.1135 1.1125 1.113 0.3981 0.3981 0.39775 0.3981
03/31/1964 1.113 1.114 1.112 1.114 0.3981 0.3981 0.39745 0.3981
06/30/1964 1.1135 1.1145 1.111 1.111 0.39775 0.3981 0.39775 0.3981
09/30/1964 1.111 1.111 1.1075 1.1075 0.39775 0.3981 0.39775 0.3981
12/31/1964 1.1075 1.111 1.1075 1.111 0.3981 0.3997 0.39745 0.3981
03/31/1965 1.1105 1.113 1.11 1.111 0.3981 0.3984 0.39775 0.3981
06/30/1965 1.1105 1.114 1.1105 1.1105 0.3981 0.3981 0.39775 0.39775
09/30/1965 1.1105 1.1145 1.1105 1.1145 0.39775 0.3981 0.39745 0.39775
12/31/1965 1.115 1.116 1.115 1.1155 0.39775 0.3981 0.39775 0.3981
03/31/1966 1.1155 1.116 1.111 1.112 0.3981 0.3982 0.3976 0.3981
06/30/1966 1.111 1.112 1.11 1.11 0.3976 0.3981 0.3976 0.3978
09/30/1966 1.11 1.111 1.109 1.111 0.3979 0.3982 0.3976 0.3981
12/31/1966 1.111 1.111 1.11 1.11 0.3981 0.3982 0.3976 0.3978
03/31/1967 1.11 1.114 1.11 1.113 0.3978 0.3982 0.3976 0.3979
06/30/1967 1.113 1.115 1.11 1.11 0.3979 0.3982 0.3975 0.3978
09/30/1967 1.11 1.11 1.108 1.108 0.3978 0.3982 0.3976 0.3981
12/31/1967 1.108 1.124 1.107 1.117 0.3981 0.4655 0.3976 0.464
03/31/1968 1.1176 1.124 1.1106 1.1235 0.464 0.4693 0.4627 0.4677
06/30/1968 1.118 1.12 1.1075 1.112 0.4653 0.4673 0.464 0.4666
09/30/1968 1.1078 1.119 1.1073 1.1155 0.4649 0.4677 0.4634 0.4669
12/31/1968 1.1102 1.1115 1.104 1.1082 0.4647 0.4655 0.4623 0.4647
03/31/1969 1.1082 1.1135 1.108 1.113 0.4647 0.4655 0.464 0.4649
06/30/1969 1.1131 1.115 1.1073 1.1114 0.4651 0.4669 0.4636 0.4649
09/30/1969 1.1121 1.1121 1.1067 1.1076 0.4651 0.4658 0.463 0.4649
12/31/1969 1.1086 1.116 1.1086 1.1148 0.4653 0.4655 0.4643 0.4647
03/31/1970 1.1156 1.1235 1.1148 1.1235 0.4647 0.4673 0.4645 0.4669
06/30/1970 1.1222 1.1241 1.12 1.1205 0.4653 0.4677 0.4651 0.4677
09/30/1970 1.1205 1.1205 1.108 1.1117 0.4675 0.4693 0.4645 0.4658
12/31/1970 1.112 1.115 1.1102 1.1135 0.4658 0.4677 0.4651 0.4651
03/31/1971 1.1127 1.1246 1.1124 1.1234 0.4651 0.4651 0.464 0.4649
06/30/1971 1.1224 1.1246 1.1213 1.1246 0.4649 0.4649 0.4647 0.4647
09/30/1971 1.1243 1.1549 1.1235 1.1549 0.4647 0.4649 0.4647 0.4649
12/31/1971 1.157 1.1888 1.1567 1.1887 0.4649 0.4666 0.4604 0.4658
03/31/1972 1.191 1.193 1.188 1.191 0.4658 0.4673 0.4505 0.4552
06/30/1972 1.191 1.191 1.191 1.191 0.4552 0.4878 0.4552 0.4878
09/30/1972 1.191 1.194 1.191 1.191 0.4878 0.4924 0.4852 0.4924
12/31/1972 1.191 1.2732 1.19 1.273 0.4924 0.5429 0.4914 0.5423
03/31/1973 1.273 1.42 1.271 1.415 0.5423 0.5935 0.5325 0.5711
06/30/1973 1.415 1.421 1.4125 1.4125 0.5711 0.5811 0.5461 0.5464
09/30/1973 1.415 1.486 1.41 1.4825 0.5464 0.6158 0.5464 0.6139
12/31/1973 1.4825 1.4885 1.48 1.4825 0.6139 0.6435 0.6042 0.6382
03/31/1974 1.4825 1.4875 1.4775 1.485 0.6382 0.6807 0.6127 0.6203
06/30/1974 1.485 1.485 1.48 1.485 0.6196 0.6285 0.609 0.6211
09/30/1974 1.485 1.487 1.306 1.306 0.6215 0.6427 0.5587 0.5587
12/31/1974 1.31 1.3245 1.3025 1.3245 0.5605 0.5695 0.5571 0.5643
03/31/1975 1.324 1.3655 1.3215 1.351 0.5678 0.5678 0.5575 0.5634
06/30/1975 1.346 1.35 1.3235 1.3235 0.5601 0.6069 0.5601 0.6069
09/30/1975 1.3195 1.3215 1.2535 1.2535 0.5978 0.6179 0.5977 0.6148
12/31/1975 1.2555 1.27 1.2518 1.2545 0.6169 0.6234 0.6116 0.6214
03/31/1976 1.2545 1.261 1.2415 1.2461 0.6212 0.652 0.6188 0.652
06/30/1976 1.2465 1.2465 1.2193 1.2331 0.6619 0.7163 0.6619 0.6926
09/30/1976 1.2331 1.247 1.232 1.2348 0.6898 0.7437 0.6866 0.7418
12/31/1976 1.2362 1.242 1.0054 1.089 0.7458 0.7824 0.6075 0.6388
03/31/1977 1.09 1.104 1.0822 1.1028 0.6379 0.6427 0.6307 0.6413
06/30/1977 1.1042 1.115 1.102 1.115 0.6418 0.6484 0.6411 0.6484
09/30/1977 1.1145 1.1253 1.0998 1.109 0.6484 0.6544 0.6325 0.6339
12/31/1977 1.1135 1.141 1.104 1.138 0.6354 0.6374 0.595 0.595
03/31/1978 1.146 1.15 1.13 1.1416 0.5861 0.6126 0.5812 0.6124
06/30/1978 1.1472 1.1475 1.123 1.1475 0.6148 0.6239 0.6096 0.6168
09/30/1978 1.149 1.1635 1.144 1.155 0.6159 0.6159 0.5839 0.5861
12/31/1978 1.156 1.186 1.127 1.15 0.5871 0.5891 0.5634 0.5634
03/31/1979 1.1518 1.1518 1.118 1.1183 0.5634 0.5717 0.5411 0.5411
06/30/1979 1.115 1.1207 1.0982 1.1195 0.5395 0.5439 0.516 0.516
09/30/1979 1.12 1.136 1.1196 1.1285 0.5116 0.5232 0.4873 0.5126
12/31/1979 1.1266 1.1266 1.0902 1.1057 0.5147 0.5327 0.4938 0.4973
03/31/1980 1.108 1.1132 1.0818 1.0818 0.4964 0.4999 0.4782 0.4999
06/30/1980 1.0775 1.1573 1.067 1.155 0.5038 0.5038 0.4853 0.4905
09/30/1980 1.1557 1.173 1.1506 1.171 0.49 0.4933 0.4835 0.4903
12/31/1980 1.1749 1.1814 1.1622 1.1814 0.4917 0.5024 0.4779 0.4938
03/31/1981 1.1802 1.189 1.1512 1.1669 0.496 0.5275 0.4872 0.5208
06/30/1981 1.1638 1.1638 1.126 1.1478 0.5198 0.5929 0.5198 0.5929
09/30/1981 1.1468 1.1575 1.1225 1.1428 0.6023 0.6456 0.6023 0.6312
12/31/1981 1.143 1.1552 1.125 1.128 0.6244 0.6279 0.587 0.5901
03/31/1982 1.129 1.129 1.0494 1.0494 0.586 0.5996 0.5787 0.5885
06/30/1982 1.052 1.068 1.0168 1.0221 0.5886 0.5993 0.5797 0.5871
09/30/1982 1.0201 1.0333 0.9492 0.9495 0.5886 0.5927 0.5542 0.5603
12/31/1982 0.9486 0.9821 0.9333 0.98 0.559 0.6092 0.5526 0.6059
03/31/1983 0.984 0.9905 0.8528 0.8642 0.607 0.6354 0.5676 0.5838
06/30/1983 0.8652 0.8859 0.8652 0.8753 0.5768 0.5768 0.549 0.5705
09/30/1983 0.8762 0.8984 0.8705 0.8971 0.5717 0.6002 0.5667 0.6002
12/31/1983 0.8979 0.93 0.8775 0.8965 0.6058 0.6359 0.6058 0.619
03/31/1984 0.8975 0.9648 0.8975 0.9362 0.6287 0.6653 0.6287 0.6496
06/30/1984 0.938 0.9405 0.855 0.8615 0.6549 0.6641 0.6324 0.6347
09/30/1984 0.8583 0.8617 0.8188 0.829 0.6362 0.678 0.6211 0.6722
12/31/1984 0.832 0.864 0.825 0.825 0.672 0.7183 0.6673 0.7128
03/31/1985 0.8164 0.822 0.6812 0.7 0.7125 0.735 0.5695 0.5695
06/30/1985 0.677 0.698 0.6335 0.6685 0.5539 0.564 0.4944 0.5091
09/30/1985 0.6678 0.7226 0.6662 0.702 0.5104 0.5289 0.4931 0.5017
12/31/1985 0.711 0.712 0.661 0.6818 0.5054 0.5054 0.4548 0.472
03/31/1986 0.682 0.721 0.6807 0.7116 0.4728 0.5183 0.4719 0.4814
06/30/1986 0.722 0.7467 0.6673 0.6735 0.4914 0.4957 0.4382 0.4391
09/30/1986 0.6549 0.6549 0.5959 0.6279 0.4238 0.4405 0.3998 0.4338
12/31/1986 0.6308 0.6752 0.6308 0.6653 0.4367 0.4686 0.4367 0.4482
03/31/1987 0.6667 0.7063 0.6378 0.7057 0.4463 0.4548 0.4265 0.44
06/30/1987 0.7042 0.7265 0.6977 0.7202 0.4404 0.4511 0.421 0.447
09/30/1987 0.7212 0.7394 0.6945 0.7085 0.4467 0.4469 0.4327 0.4358
12/31/1987 0.7105 0.7298 0.6635 0.7221 0.4391 0.4407 0.3796 0.3828
03/31/1988 0.7213 0.7431 0.6938 0.7417 0.3851 0.4108 0.3851 0.3936
06/30/1988 0.7414 0.8283 0.7362 0.7963 0.3946 0.4791 0.3943 0.4636
09/30/1988 0.7883 0.8203 0.7698 0.7825 0.4646 0.4849 0.4613 0.4659
12/31/1988 0.7847 0.8849 0.7814 0.8534 0.4626 0.4792 0.4615 0.4723
03/31/1989 0.856 0.896 0.7862 0.8188 0.4756 0.511 0.4581 0.4856
06/30/1989 0.8264 0.8268 0.7339 0.7564 0.4898 0.4995 0.4637 0.4877
09/30/1989 0.7663 0.7939 0.742 0.7757 0.4853 0.5009 0.4536 0.479
12/31/1989 0.7743 0.8 0.7559 0.788 0.4805 0.5035 0.4774 0.4899
03/31/1990 0.7843 0.7965 0.739 0.7548 0.4865 0.4865 0.4396 0.458
06/30/1990 0.7592 0.7934 0.7433 0.793 0.464 0.4701 0.4502 0.4541
09/30/1990 0.796 0.8475 0.7765 0.8252 0.4524 0.4524 0.4213 0.4416
12/31/1990 0.83 0.8386 0.7558 0.7718 0.4398 0.4405 0.3864 0.3996
03/31/1991 0.7739 0.7912 0.7631 0.7725 0.3993 0.4458 0.3896 0.4458
06/30/1991 0.7755 0.789 0.7485 0.7665 0.4397 0.4735 0.4349 0.4733
09/30/1991 0.765 0.8027 0.7615 0.7985 0.473 0.4774 0.4561 0.4567
12/31/1991 0.7965 0.8038 0.758 0.758 0.4561 0.4692 0.4058 0.4066
03/31/1992 0.7587 0.7707 0.734 0.7692 0.4034 0.4466 0.4027 0.4435
06/30/1992 0.7665 0.7695 0.7455 0.748 0.4448 0.4448 0.3918 0.3928
09/30/1992 0.748 0.7545 0.703 0.7139 0.3903 0.424 0.3561 0.4011
12/31/1992 0.713 0.724 0.6775 0.6894 0.408 0.4588 0.408 0.4548
03/31/1993 0.6871 0.7186 0.663 0.7045 0.4545 0.4946 0.4316 0.4687
06/30/1993 0.705 0.7255 0.661 0.6655 0.4566 0.4695 0.4366 0.4425
09/30/1993 0.6655 0.6933 0.641 0.646 0.4407 0.4674 0.4174 0.4306
12/31/1993 0.6462 0.6821 0.6436 0.6788 0.4307 0.4591 0.4269 0.4591
03/31/1994 0.6778 0.73 0.677 0.7038 0.4619 0.4919 0.4595 0.4722
06/30/1994 0.704 0.7467 0.7 0.7272 0.4806 0.4927 0.464 0.4735
09/30/1994 0.727 0.747 0.722 0.7397 0.4743 0.487 0.4666 0.4692
12/31/1994 0.7395 0.78 0.7298 0.775 0.4697 0.5039 0.4496 0.4958
03/31/1995 0.775 0.7765 0.7212 0.7335 0.4926 0.493 0.4489 0.4506
06/30/1995 0.7338 0.7462 0.7072 0.7092 0.4538 0.4707 0.4456 0.4456
09/30/1995 0.7104 0.7671 0.707 0.7551 0.4441 0.4926 0.4441 0.477
12/31/1995 0.7553 0.7705 0.7334 0.7425 0.48 0.4881 0.4668 0.4798
03/31/1996 0.7446 0.785 0.7303 0.7818 0.4775 0.5139 0.4775 0.5125
06/30/1996 0.7838 0.805 0.7789 0.7878 0.5154 0.5304 0.5064 0.5064
09/30/1996 0.7872 0.8021 0.768 0.7912 0.5062 0.5153 0.496 0.5059
12/31/1996 0.791 0.8215 0.7813 0.7945 0.5062 0.5076 0.4641 0.4641
03/31/1997 0.7944 0.8005 0.7549 0.7857 0.4673 0.5003 0.4597 0.4797
06/30/1997 0.7856 0.7895 0.743 0.7537 0.4782 0.4848 0.4487 0.4505
09/30/1997 0.7541 0.7555 0.7143 0.7254 0.4542 0.4708 0.4365 0.4485
12/31/1997 0.7248 0.7414 0.6452 0.6505 0.4514 0.456 0.391 0.396
03/31/1998 0.6508 0.6876 0.6315 0.6621 0.3962 0.4199 0.3875 0.3961
06/30/1998 0.6622 0.6628 0.5797 0.6205 0.3947 0.3978 0.3585 0.372
09/30/1998 0.6199 0.6333 0.5485 0.5931 0.3723 0.3855 0.3373 0.3483
12/31/1998 0.5933 0.6478 0.581 0.6115 0.3506 0.3889 0.3488 0.3682
03/31/1999 0.6123 0.6545 0.6112 0.6345 0.3728 0.4001 0.3728 0.3912
06/30/1999 0.633 0.6745 0.6224 0.668 0.3972 0.4202 0.3876 0.4202
09/30/1999 0.6664 0.6718 0.6282 0.6523 0.4227 0.429 0.3862 0.3964
12/31/1999 0.651 0.6662 0.6295 0.6563 0.3959 0.4056 0.3862 0.4056
03/31/2000 0.6565 0.6685 0.6005 0.6073 0.4022 0.4083 0.3805 0.3805
06/30/2000 0.6068 0.6103 0.5645 0.5964 0.3803 0.4017 0.372 0.3964
09/30/2000 0.5972 0.6015 0.5358 0.5425 0.3954 0.3982 0.3664 0.3664
12/31/2000 0.5428 0.56 0.5073 0.5585 0.3717 0.3794 0.3566 0.3718
03/31/2001 0.559 0.5724 0.4845 0.4851 0.3733 0.3819 0.3422 0.3422
06/30/2001 0.4858 0.5319 0.4773 0.5111 0.3413 0.3806 0.3392 0.3613
09/30/2001 0.511 0.539 0.4814 0.491 0.3604 0.3706 0.3303 0.3353
12/31/2001 0.4925 0.5251 0.49 0.5106 0.3333 0.3702 0.3333 0.3518
03/31/2002 0.5099 0.5355 0.505 0.5333 0.3548 0.3748 0.3548 0.3748
06/30/2002 0.5329 0.5796 0.5253 0.5633 0.3708 0.394 0.3664 0.3679
09/30/2002 0.563 0.5711 0.5228 0.5423 0.367 0.368 0.339 0.3456
12/31/2002 0.5421 0.5688 0.54 0.5609 0.3458 0.3628 0.3458 0.348
03/31/2003 0.5622 0.618 0.561 0.6043 0.349 0.39 0.3483 0.3814
06/30/2003 0.6045 0.6743 0.5922 0.6735 0.382 0.4082 0.3804 0.4069
09/30/2003 0.6733 0.6866 0.6339 0.6802 0.4065 0.4184 0.397 0.4093
12/31/2003 0.68 0.7536 0.6759 0.7516 0.4092 0.43 0.4064 0.4208
03/31/2004 0.751 0.8008 0.7251 0.7663 0.4214 0.4287 0.4029 0.4152
06/30/2004 0.7664 0.7692 0.6785 0.6982 0.4153 0.4187 0.3696 0.3837
09/30/2004 0.6986 0.7345 0.685 0.7272 0.3838 0.402 0.3818 0.4014
12/31/2004 0.7265 0.7945 0.7184 0.7819 0.4007 0.4233 0.3892 0.4077
03/31/2005 0.7804 0.7989 0.7503 0.7723 0.4065 0.4218 0.4025 0.4086
06/30/2005 0.7726 0.784 0.7473 0.7624 0.4087 0.428 0.4 0.4254
09/30/2005 0.7628 0.7764 0.7364 0.7611 0.4258 0.4418 0.4144 0.4312
12/31/2005 0.7624 0.7646 0.7232 0.7333 0.4325 0.4356 0.4163 0.4256
03/31/2006 0.7327 0.7588 0.7013 0.716 0.4256 0.429 0.4022 0.4119
06/30/2006 0.7157 0.7792 0.7113 0.7422 0.412 0.4224 0.3971 0.4016
09/30/2006 0.7433 0.7721 0.7396 0.7463 0.4023 0.4123 0.3938 0.3985
12/31/2006 0.7452 0.7931 0.7412 0.789 0.3975 0.4073 0.3931 0.4027
03/31/2007 0.7878 0.8126 0.7679 0.8084 0.4025 0.4133 0.392 0.4107
06/30/2007 0.8099 0.8521 0.8062 0.8486 0.4112 0.4293 0.4084 0.4223
09/30/2007 0.8523 0.8887 0.7672 0.8872 0.4244 0.4369 0.3897 0.4334
12/31/2007 0.8879 0.9401 0.8551 0.8757 0.4337 0.4506 0.4183 0.4411
03/31/2008 0.8743 0.9498 0.8511 0.9126 0.4401 0.4772 0.4381 0.4604
06/30/2008 0.9132 0.9667 0.9028 0.9578 0.4606 0.4926 0.4562 0.4805
09/30/2008 0.9581 0.9849 0.78 0.7941 0.4805 0.4903 0.4318 0.4453
12/31/2008 0.7947 0.8019 0.6004 0.7073 0.4454 0.488 0.3689 0.4835
03/31/2009 0.7024 0.7266 0.6245 0.692 0.4839 0.494 0.4371 0.4831
06/30/2009 0.6915 0.8263 0.6854 0.8067 0.4822 0.5078 0.4765 0.4895
09/30/2009 0.8058 0.8847 0.77 0.8834 0.4893 0.5533 0.4764 0.5521
12/31/2009 0.8836 0.9405 0.8566 0.8972 0.552 0.5769 0.5411 0.5552
03/31/2010 0.897 0.933 0.8576 0.9166 0.555 0.6155 0.5466 0.6036
06/30/2010 0.9171 0.9382 0.8065 0.8399 0.6039 0.6163 0.5587 0.5618
09/30/2010 0.8393 0.9733 0.8314 0.9667 0.5614 0.617 0.5509 0.6151
12/31/2010 0.9658 1.0253 0.9535 1.0203 0.6147 0.6601 0.6031 0.6556
03/31/2011 1.0206 1.0372 0.9704 1.0327 0.6554 0.6605 0.6061 0.644
06/30/2011 1.0326 1.1011 1.0285 1.0717 0.644 0.6716 0.6326 0.6678
09/30/2011 1.0715 1.108 0.9611 0.9658 0.6676 0.6774 0.6098 0.6196
12/31/2011 0.9668 1.0752 0.9386 1.0225 0.6207 0.6666 0.6109 0.6577
03/31/2012 1.0217 1.0856 1.0142 1.0341 0.6588 0.6869 0.6456 0.6457
06/30/2012 1.0442 1.0474 0.9579 1.0233 0.6519 0.6552 0.6174 0.6513
09/30/2012 1.0255 1.0624 1.0096 1.0377 0.6532 0.6796 0.6389 0.6417
12/31/2012 1.0359 1.0585 1.0145 1.0393 0.6417 0.6586 0.6292 0.64
03/31/2013 1.039 1.0598 1.0113 1.0417 0.64 0.6953 0.6378 0.6849
06/30/2013 1.041 1.0582 0.911 0.9136 0.685 0.6938 0.5921 0.6005
09/30/2013 0.913 0.9528 0.8846 0.9312 0.6006 0.6193 0.5717 0.5752
12/31/2013 0.9315 0.9755 0.882 0.8913 0.5753 0.6006 0.5359 0.5382
03/31/2014 0.8914 0.9295 0.8658 0.9262 0.5382 0.5593 0.5209 0.5558
06/30/2014 0.9263 0.9461 0.92 0.943 0.5558 0.5637 0.5451 0.5512
08/31/2014 0.9433 0.9504 0.9272 0.9353 0.5512 0.5561 0.544 0.5549

Day Trade Explanation and Strategies

2 purposes to the daily trade strategy is to monitor trades as a benchmark to weeklies or to trade for extra pips.
 Daily trades contain definitive ranges, weekly trades contain definitive ranges. All known in advance and truly an exact mathematical science. But to trade both correctly in tandem required many months to figure and factor and an extraordinary detail to monitor both trade systems.
Both trades weekly and daily are based strictly on moving averages. The difference to day trades is I transpose central bank interest rates to currency prices. Based on the range of prices to each currency pair because every currency pair contains different ranges, I devised a trading strategy.
For day trades, we are trading not for example, EUR/USD.
We are trading the range of EUR/USD Vs USD/EUR. For GBP/USD, we are trading GBP/USD Vs USD/GBP. USD/CAD Vs CAD/USD. JPY/EUR Vs EUR/JPY.
EUR/USD for example maybe shown 1.1258 but USD/EUR is actually 0.8882. Seems wide but its not true when factored to daily ranges. GBP/USD at 1.2558 is actually USD/GBP at 0.7963. Seems wide but not when factored to daily trades. Its the range most vital to currency and all market price trading. Its the point most missed by multitudes upon multitudes of traders. And banks included. Don’t think for one instant banks know what they are doing to trades. A few are good but most don’t know squat.
By trading the complete currency pair reciprocal arrangements and complete opposites,  its impossible for the currency price to trade outside its ranges. GBP pairs are the only unusual exception to the range rule. But it doesn’t happen often.
 Day trades are timed to trade from 2:30 am EST to 10:00 am EST. We have 7 1/2 hours to trade the same prices. We don’t trade after 10:00 am EST because the central banks enter the market starting with the ECB at 10:00 AM then BOE at 11:00 AM EST. Bank of Canada at 12:00 Noon and Fed at 12:30. Then don’t forget the Germans at the Frankfurt Fix.
The ECB may set prices at one price but the BOE can come into the market and completely change  the ECB price. The Bank of Canada can come into the market and change both the ECB and BOE prices. The change maybe much or quite small or possibly no change will exist.
Why we don’t trade this period after 10: am EST is because ranges may or may not radically change. The change in prices requires a new calculation to factor entries and ranges. This must be done quickly every hour or every 1/2 hour. Its not worth the trouble to trade particularly when we just ended official day trades from 2;30 am to 10:00 am EST. Profits were earned and we’re done for the day to day trades.
Secondly, I cannot stress this point enough. The smart FX guys and central bank traders have computers already factored to prices from 10:00 am ECB to Fed at 12:30. These guys can beat the holy hell out of a day trader or an unsuspected day trader who understands nothing about FX or prices. Prices from 10:00 am ECB to 12:30 Fed can move quite fast and far and its the computer guys running the overall prices. Its near impossible to compete with these guys and gals.
The computer guys take from day traders the best of the traded price and its done so quickly, most don’t know they were beat out of 20 and 30 pips. With each Central bank to set prices becomes a brand new day trade and the trade is fresh and hot off the presses. With every central bank to set prices, the computer guys take quickly and automatically 20 and 30 pips. What’s left for day traders is scraps and trades not worth a dam because pips must be earned rather than given freely from fresh trades.
 To ranges ask this question. EUR/USD dropped from X price or rose from X price. EUR/USD may rise but USD/EUR is responsible for the fall. EUR/USD may fall but USD/EUR is responsible for the rise. EUR/USD doesn’t trade on its own. If it did, we wouldn’t have day trades cause ranges would be something like 20 pips if we’re lucky.
The current USD/EUR Vs EUR/USD relationship runs about 30 pips to USD/EUR and about 25 Pips for EUR/USD.
With ranges established, now we trade. Ranges are contained at bottoms and upper target.
2 ways to trade the day trades. Short at or near upper target or long at or near bottoms. Next is to trade the break of the long short line.
 The long short line is a fix price and its recommended to trade the break of this line in the direction of the weekly trades. GBP last week’s trade for weeklies was long so GBP/USD day trade long on break of the long short line worked well for extra pips. Also GBP/USD Long at bottoms worked just as well.
Last week’s GBP weekly trade profited 212 pips and day trades was all extra pips added to 212.
Day trades are traded twice daily. This means from Sunday to Friday 10 rounds of day trade shorts, 10 trades, 10 opportunities to earn extra pips. And 10 trades refers to 1 currency pair. We trade 8 currency pairs per day which means 16 trades per day, or 160 trades per week.
 Most important to day trades are average lines and most vital to price continuation or bounce. The continuation fail line is also an average line and it must break higher in order for the price to trade to upper target. But price may reverse short from the continuation fail Line.
The overall purpose to day trades is not 1 trade for X pips then exit and forget about the currency pair. Its more profitable to trade multiple longs and shorts and continuously for 7 1/2 hours.
For example, EUR/USD may bottom during Europe trading but rise in America, or EUR/USD may top in Europe and bottom in American trading.
The guides to continuation fail and upper target and to bottoms are average lines. Every point offered in the price series is an average line. The whole system of trading is to trade moving averages because the central banks trade by moving averages.
 An example from yesterday and to weekly trades.
  EUR/USD
 Long Short Line 1.1319
 most Important 1.1272 and 1.1281 vs 1.1326, 1.1333, 1.1341, 1.1347, 1.1361, 1.1368 and 1.1376
 Bottom. 1.1262 achieves by 1.1291 and 1.1276
 Upper target 1.1376
 Continuation fail 1.1347
 Break Point 1.1147
 Weekly trade this week short 1.1288 and 1.1312. EUR/USD at 1.1288 and 1.1312 missed and surpassed entry.
Where to next is day trade 1.1376 and 1.1347. EUR/USD traded to 1.1345 and continuation fail line.
 Short 1.1345 without question. Then short to next points 1.1341, 1.1333, 1.1326. Good to exit 1.1326 for 19 pips profit.
 Upon break of 1.1319 at long short line, enter short again and EUR/USD traded to lows 1.1302 for 17 pips.
 The gamble strategy would be hold the first short trade in anticipation of the 1.1319 break for a continuous trade.
Either way, the day trade profited 36 pips and extra pips to start the week while waiting for weekly trades to achieve targets.
 The other option was trade long from the long short line at 1.1319 and trade to 1.1345 then reverse short. That’s 26 pips and added to shorts at 36 pips means +62 pips.
 Another strategy is trade for quick pips. EUR/USD is running at 7 pip intervals. A long or short trade works for 7 pips on any break of the series of prices.
 Another option and smartest avenue  is hold the 1.1345 trade to weekly target. Many ways exist to trade the day trades and I leave the options open for traders so to trade their own personal styles. Some don’t like or want day trades but weekly trades only because they aren’t addicted to daily screens. Its a question of trading style and personal life obligations.
 If a price ever leaves it price ranges on day trades then the price must trade back to it range. If yesterday, EUR/USD broke above its upper target at 1.1376 then every pip above 1.1376 is free money as the price must trade back inside its ranges. This means must trade to 1.1376 and far below. The next big point below 1.1376 is continue fail line at 1.1345.
 Same scenario for break of bottoms. Every price below bottom is free money and price must trade back to bottom and above. Next points to above bottoms are 1.1262, 1.1272 average line and then 1.1281 and 1.1291.
 Prices don’t break upper targets and bottoms often but when it happens, its truly a free money trade and a trade to enter heavy to grab the most of the free money.
 The new design to day trades since 2016 is trade news announcements. This from the BOE and outlined in great detail under Sonia reforms. 3 announcements exist. UK, Europe and 8:30 am EST United States trading. This is the best chance to profit on day trades and profit quickly.
 Was weekly 1.1288 and 1.1312 really a miss to weekly entries. Yes for non day traders but no to day traders.
Notice 1.1347 at continuation fail line and EUR/USD traded to 1.1345. The 2 pips failure informed EUR was dropping. If for example, EUR/USD traded to 1.1349 then dropped significantly. The 2 pip violation informed to long drops because EUR/USD is heading higher than 1.1347 to near 1.1376 upper target. The 2 pip topside violation told us, EUR/USD is going higher.
 To see day trades from pre interest rate revamp in 2016, see 2015 day trades on my site here. Giant difference to day trading.
  Brian Twomey

Weekly Trades: EUR/USD, EUR/JPY, GBP/CAD

Last week informed GBP pairs were low and depressed, especially against its overbought counterparts AUD, NZD and EUR and had no choice except to rise.

GBP/USD did and rose 277 pips and we profited 212 pips on 277.

This week GBP/USD and GBP/JPY retain horrible weekly positions but this includes GBP/USD’s main counterpart, USD/CAD. The spead at 1100 pips leaves GBP/CAD in questionable limbo land to direction. But GBP/CAD as most neutral of all Currency pairs due to its position as middle currency pair to total opposites USD/CAD Vs GBP/USD is performing its natural neutral function. Only when the spread decreases will GBP/CAD become active again as a regular viable weekly trade.

EUR/CAD will become the star performer this week while GBP/CAD will under perform.

Despite terrible positions to GBP/USD and GBP/JPY, its low, depressed and deeply oversold GBP/CHF to assist in GBP longs as the rear guard holds GBP/USD and GBP/JPY supports.

Wide rangers EUR/NZD and GBP/NZD remain low and depressed and partly due to overbought NZD/USD. Same scenario for GBP/AUD and EUR/AUD as AUD/USD retains its severe overbought position over last weeks. AUD/USD at 0.6900’s is fast approaching its long term target at 0.7192 which means not much remains to topside AUD/USD. Longer term, AUD/USD at 0.6600’s is easily achievable.

EUR/USD and EUR pairs continue to contain terrific price paths and favored trades for about 3 weeks running. No difference this week. EUR/JPY at 120.00’s faces massive resistance at 122.00’s and EUR/USD at 1.1300’s achieves its long term target. EUR/USD longer term could easily trade to 1.0900’s.

JPY cross pairs all overbought including CAD/JPY but not to include GBP/JPY.

EUR/CHF since January retains the status as worst trade able currency pair as no viable movements exist. Same for EUR/GBP. Better trades are GBP/CHF, NZD/CHF and AUD/CHF.

USD/CAD is clearly the best trade vs CAD/CHF and CAD/JPY while CAD/JPY remains the better trade against CAD/CHF.

This week’s EUR/USD trade hardly changed from last week and we’ll run it again. We’ll run with EUR/JPY and GBP/CAD.

Weekly Trades

EUR/USD

Short 1.1288 and 1.1312 to target 1.1166.
Short below 1.1141 to target 1.1043.
Long 1.1043 to target 1.1092.
Long 1.1166 to target 1.1231.

EUR/JPY

Short 121.05 and 121.23 to target 120.25.
Short below 119.98 to target 119.05..
Long 119.05 to target 119.60.
Long 120.25 to target 120.69.

GBP/CAD

Long 1.6882 and 1.6867 to target 1.7012.
Long above 1.7030 to target 1.7162.
Short 1.7162 to target 1.7094.
Short 1.7012 to target 1.6946.

 

Brian Twomey, Call for trades if interested brian@btwomey.com

Weekly Trade Results: EUR/USD, EUR/CAD, GBP/USD

The EUR/USD price path this week began 1.1287 to 1.1183 then a bounce with NFP assistance to 1.1302 – 1.1223. The original weekly entrry was 1.1294 to 1.1321 and fairly wide for this trading week as well the price path was a nasty trap.

EUR/USD performed the nasty feat of round 2 shorts and not normally seen from EUR as it pertains to weekly trades only. GBP yes but rarely EUR as EUR traditionally over the past 28 weeks since January traded a really great and highly predictable price path. Same status for EUR/JPY and EUR/AUD. Horrible for EUR/NZD.

If GBP/USD is susceptible to round 2 shorts for certain weeks then it automatically applies to its perfect opposite, USD/CAD and this has been the case over the past 28 weeks.

Wide range pairs GBP/NZD and EUR/NZD traded all over the place.

A side bar, we’ve just completed a deep analytical quantification to weekly trades since January per 18 currency pairs.

While a computer provides assistance and analytical views to trades, targets, entries and profits, it sometimes fails to capture weeks with certain nuances to trades. A computer for example failed to see last week’s EUR/USD break point at 1.1223 and the trade if a break occurred or not. Not sure for computer analysis to multiple longs and shorts per currency pair as the results to overall analysis is still hot off the presses.

A computer is as good as it is told what and how to analyze. As weekly and long term trades are factored by pen, paper and calculator, the best and true analytical approach is to factor weekly trade results by pen and paper as we’ve done for years. And this despite good results from the computer.

EUR/USD target at 1.1158 failed to achieve destination however EUR/USD expected close today is forecast from 1.1160 to 1.1187.

Weekly Trades and Results as Posted Monday.

EURCAD

Short 1.5398 and 1.5416 to target 1.5231
Highs 1.5428, Lows 1.5208
target achieved
Trade Ran +185 Pips from 1.5416

2nd Leg

Long 1.5231 to target 1.5305.
Lows 1.5198, Highs 1.5355
target Achieved
trade Ran +74 pips
2 trades +259 Pips

GBPUSD

Long 1.2293 and 1.2278 to target 1.2483.
Lows 1.2251, Highs 1.2490
Target achieved
Trade ran +212 pips from 1.2278

EUR/USD

Short 1.1294 and 1.1321 to target 1.1158.
Highs 1.1287 and 1.1302, Lows 1.1185
Trade Runs +97
Overall close expected 1.1160 to 1.1187.

3 trades, +568 pips.

 

Brian Twomey

EUR/USD: Weekly Trade Results and Day Trades by Interest Rates

First the weekly trade and results then today’s day trade for EURUSD. Note weekly target 1.1158 and day trade last point at 1.1159.

Purpose of day trade is profit extra pips while waiting for weekly targets and/ or to benchmark day trades to weekly targets. Allows for continuous price knowledge and price location and to profit while waiting for targets. A perfect complement to each other. Today’s benchmark is 1.1158 target and 1.1159 day trade last point.

Day trades allows for multiple longs and shorts rather than 1 trade then exit and forget. Never to waste a traded pip when profit is available. Its a matter of choice and lifestyles for traders to just trade the weekly trades and targets or to watch screens to profit for extra pips.

Each Day trade Point represents an interest rate converted to exchange rates and offered daily by each central bank. All central banks and sophisticated fx traders using fast computers employ my day trade and interest rate methods. Better stated, Me and my group trade by central bank interest rate methods as I learned how central banks trade day trades.

Impossible to lose to trade interest rates for day trades as every point is known in advance before the first trade is considered. Day trade methods turns traders into ping pong players rather than traders.

How exact are my methods is to watch day trade points and price struggles to break and watch price rest at vital levels. Object is trade at significant point breaks or long bottoms and short tops and follow vital points to trade conclusion.

The weekly trade currently runs 84 pips and trade to target is expected to profit 136 pips. Day trades are traded twice daily so as of this moment we had 4 rounds of day trades. We added on day trades alone about an extra 100 ish pips easily. Depends on the trader and personal style and screen time ability.

Sophistication is seen in weekly entries and targets but not day trade by interest rates. Its all numbers as we trade numbers and not charts, fibs or ulterior trade methods.

Weekly Trade

EURUSD

Short 1.1294 and 1.1321 to target 1.1158.
Highs 1.1287, lows 1.1203
Trade Runs +84 pips.

Day Trade Points

1.1159, 1.1173, 1.1176, 1.1187, 1.1189, 1.1206 , 1.1214, 1.1218, 1.1223, 1.1231, 1.1237, 1.1244, 1.1258, 1.1266 and 1.1273

 

Brian Twomey

Weekly Trades: EUR/USD, EUR/CAD, GBP/USD

Overall, GBP prices are low and depressed and off kilter to counterparts EUR, AUD and NZD. GBP/CAD is the defining currency pair to represent not only overall current market direction and the main currency market pairs, USD/CAD V GBP/USD. GBP/CAD informs it doesn’t have a clue to GBP nor USD/CAD direction and for weeks remained on the low rank and non trade able list of 20 + currency pairs. It adds to severely overbought and non trade able EUR/GBP.

Counterparts NZD/CAD contains a top 100 pip higher at 0.8800’s, AUD/CAD trades at target in 0.9300’s and EUR/CAD target at 1.4939. Until GBP/CAD corrects itself, EUR/CAD offers many future weekly shorts.

Weekly Trades

EUR/USD

Short 1.1294 and 1.1321 to target 1.1158.
Short below 1.1131 to target 1.1022
Long 1.1022 to target 1.1077
1.1158 to target 1.1212

GBP/USD

Long 1.2293 and 1.2278 to target 1.2483.
Long above 1.2514 to target 1.2608
Short 1.2608 to target 1.2545
short 1.2483 to target 1.2386

EUR/CAD

Short 1.5398 and 1.5416 to target 1.5231. Watch 1.5250.
Long 1.5231 to target 1.5305.

 

Brian Twomey

Close Price Forecast Results

Friday June 26, 2020

Working towards perfection

EURUSD 1.1162 Result 1.1215 off 53

GBPUSD 1.2333 to 1.2364 Off 4 pips

AUDUSD 0.6820 Result 0.6860 off 40

NZDUSD 0.6405 Off 13

EURJPY 120.04 to 119.72 off 20 pips

GBPJPY 132.42 to 132.66 off 24

USDJPY 106.95 to 107.09 off 10 pips

USDCAD 1.3596. Don’t bank on this number. Don’t trust Correct 1.3682

AUDPY 72.91 to 73.28 off 26 pips

NZDJPY 68.69 Off 12 pips

GBPCHF 1.1726 to 1.1745 off 40 pips

AUDCHF 0.6489 to 0.6515 off 6

NZDCHF 0.6105 to 0.6126 off 13 pips

EURCAD 1.5247 to 1.5227 off 107 pips

GBPCAD 1.6922 to 1.6951 off 49 pips

AUDCAD 0.9314 to 0.9335 Off 60

NZDCAD 0.8723 to 0.8749 Off 42 pips

EURNZD 1.7420 off 46 pips

GBPNZD 1.9245 off 49

CADJPY 78.55 to 78.77 off 25 pips

USDSGD 1.3850. Same pair as USD/CAD and don’t bank on this number. 1.3935 correct don’t trust

USDPLN 1.9709 to 1.9743 off 91 pips not bad for PLN 

EURAUD 1.6290 to 1.6313 off 25 pips

GBPAUD 1.8032 to 1.8073 Off 72 pips

CHFJPY 112.55 to 112.40 off 58 pips

USDMXN 22.62 to 22.43 off 61 pips

11 Currencies within 3 to 25 pips

 

and 10 currencies with 50 to 70 pips and

#pln off 91, dam good.

EURCAD Outlier off 107

Brian Twomey

26 Currency Pairs: Close Prices

Friday trading for most of the trading day is devoted to closing prices beginning in the 3:00 pm EST time to the actual close at 5:00. Friday trading is an alert to traders exactly how prices will trade next week and which currency pairs will serve the best profit potential. A further aspect to not only trades is the prediction to closing prices. To know a close price allows for an easy Friday day trade. Above is repeated from last week.

Last week, 16 currency trades posted to close prices and 14 were correct. GBP/JPY and GBP/CAD missed but not by much. This week, 26 pairs are forecast.

EUR/USD this week broke a long standing MA and traveled higher, 100 + pips past entry. New trade posted to short 1.1355 to target 1.1183. Lows traded to 1.1190. The original missed entry still profited 40 + pips and add a lot from 1.1349 highs profited 150 ish pips.

Posted here over years was 100’s upon 100’s of trades and profit 1000’s upon 1000’s of pips. Rare missed entries were easily repaired and profit realized. Most would’ve bailed for losses but because we know what we are doing, profits were gained. No credit expected but I say I’ve done a hell of a good job to bring much profits to traders. And never a need to ever watch charts.
Place entry and target then done for the week to freely live life. Not many can report such facts but we showed our poof week after week and year after year. All this is anti to the trading crowds but its because we constantly adjusted our math to trade, target and overall perfection. Now we bring close price forecasts as an added bonus.

Closing Prices

EUR/USD 1.1162

GBP/USD 1.2333 to 1.2364

AUD/USD 0.6820

NZD/USD 0.6405

EUR/JPY 120.04 to 119.72

GBP/JPY 132.42 to 132.66

USD/JPY 106.95 to 107.09

USD/CAD 1.3596. Don’t bank on this number.

AUD/JPY 72.91 to 73.28

NZD/JPY 68.69

GBP/CHF 1.1726 to 1.1745

AUD/CHF 0.6489 to 0.6515

NZD/CHF 0.6105 to 0.6126

EUR/CAD 1.5247 to 1.5227

GBP/CAD 1.5922 to 1.5951

AUD/CAD 0.9314 to 0.9335

NZD/CAD 0.8723 to 0.8749

EUR/ND 1.7420

GBP/NZD 1.9245

CAD/JPY 78.55 to 78.77

USD/SGD 1.3850. Same pair as USD/CAD and don’t bank on this number.

USD/PLN 1.9709 to 1.9743

EUR/AUD 1.6290 to 1.6313

GBP/AUD 1.8032 to 1.8073

CHF/JPY 112.55 to 112.40

USD/MXN 22.62 to 22.43

 

Brian Twomey

Long Term Target Update June 2020

Long term targets are one time views to cover a period of years as targets remain until targets trade. GBP/USD target in 4 years since the Brexit vote dropped 700 pips from 1.3800;s to current 1.3100’s. The GBP/USD target dropped roughly 175 pips per year. EUR/USD target today at 1.1300’s dropped 100 pips per year from 1.1600’s.

EUR/AUD nor EUR/CAD hasn’t changed 1 pip in 3 years. GBP/JPY contains a 1000 pip target and hasn’t changed in 3 years. EUR/CAD is most overbought of all 28 currency pairs.

New to forecasts are wide range currency pairs trading at not only extreme lows but all prices sit on the floor . Wide rangers include EUR/NZD, GBP/NZD, GBP/AUD, EUR/AUD, GBP/CAD and GBP/CHF. Wide rangers EUR/NZD, GBP/NZD, GBP/AUD, EUR/AUD and GBP/CAD never contain long term targets as their purpose is to trade within massive ranges to allow lower range pairs to trade to their destinations. Wide rangers support low rangers to all possible movements.

GBP pairs are best trades over the next year while EUR/USD trades at target and EUR/JPY at 122.00 trades at target as much resistance exists before 123.00 and 124.00 targets can trade.

AUD/JPY and GBP/JPY remain the best pairs to trade in the JPY space. Nothing thrilling in regards to NZD. AUDUSD and AUD cross represent better trades and this situation hasn’t changed in 3 years.

GBP/CHF and AUDCHF remain best trades in the CHF category. EUR/CAD remains a great short trade while GBP/CAD although on the floor contains problems. NZDUSD’s problem is NZD/CAD as a lower price places its range in a terrible position to long term targets.

EUR/GBP in 3 years hasn’t changed as the recommendation over the past 3 years was stand clear and this recommendation stands today. No thrlls to USD/JPY except its price is low and deeply oversold. No views to USD/CHF nor CHF/JPY however CHF/JPY is the same pair as USD/JPY.

USD/CAD at 1.3100’s target junped 200 pips in 3 years from 1.2900’s.

Targets remain valid until traded and entries doesn’t matter. GBP/USD for example traded to 1.1500’s and the 1.3100 target remained.

Targets

EUR

EUR/USD 1.1369
EUR/JPY 122.59
EUR/CAD 1.4939
EUR/NZD top 1.7715
EUR/AUD 1.6055
EUR/GBP 0.8672 Vs massive supports at 0.8500’s.

GBP

GBP/USD 1.3198 is just the starte to potential higher
GBP/JPY 141.97 huge potential for higher.
GBP/CHF 1.2661
GBP/CAD Bottom 1.6996
GBP/NZD Bottom 1.9281
GBP/AUD Bottom 1.7714

AUD

AUD/USD 0.7192
AUD/JPY 77.60
AUD/CHF 0.7025
AUD/CAD 0.8310

NZD

NZD/USD 0.6671
NZD/JPY 71.14
NZD/CHF 0.6525
NZD/CAD Top 0.8867.

USD

USD/CAD 1.3135 and just the start to longer term potential lower
USD/JPY Lows 102.00’s, highs 109.00’s

 

Brian Twomey Contact brian@btwomey.com

WTI: Levels, Ranges and Targets

When last forcaste WTI in March 2020, the target was 49.89 at the current price of 30.06. WTI in March was oversold at 30.00’s and deeply oversold at 20.00’s. Longs were recommended as the only way forward.

Crisis then hit the Oil patch and WTI traded to near 0. Against a 49.89 target and not expected lows at 0, a rare opportunity existed to add to longs.

As mentioned is March, The range drop informed the WTI price was off kilter to its ranges. This means ability to a wandering price. WTI wandered from deeply oversold 20.00’s to 0 and forecast by the long view from June 2019 to March 2020.

WTI’s main problem since at least June 2019 is a tiny range condition and it doesn’t have ability to trade a normal price range. Best range today is about 13 points at its maximum. USD/CHF and EUR/GBP can outperform monthly WTI in 10 minutes.

WTI traded highs at 41.21 from lows at 0 and 9 points to target.

In March, 58.59 was the must break point to target upper 60.00’s to 67.00’s. The averages since dropped from March.

Must break points are now located at 45.91, 51.58, 52.97, 53.73 and 55.38. March averages in comparison as follows: 54.33, 55.16 and 57.29. In 3 months, vital averages dropped roughly 3 points.

From current 40.96, WTI now approaches vital 45.91. From oversold in March, WTI today is fairly range bound.

Strategy moving forward is long from 32.36 and 39.77 to target 40.49, 42.66 and caution at 43.20.

A break at 55.38 is required to target 59.45, 62.67, 64.79, 66.17 and 67.55.

 

Brian Twomey

Weekly Trades: EUR/USD, GBP/AUD, USD/JPY, GBP/CHF

This week’s focus encompasses 2 interesting and vital currency pairs: GBP/AUD and USD/JPY.

GBP/AUD in March traded 2.0800’s and last week achieved 1.7900 lows. GBP/AUD at a 2900 pip drop far surpassed the allowable 2500 pip statistical boundary criteria built in for a vast majority of our 28 currency pairs.

GBP/AUD violated the 2500 pip boundary by 400 pips and sits in a massive range from 1.7700 lows to 1.9300’s. Current GBP/AUD at 1.7900’s as traded last week and 1.7700’s multi year range lows, offers an extraordinary long term long trade.

The context to a long term trade coincides to newly updated targets for GBP/USD at 1.3100’s, GBP/CHF at 1.2600’s and GBP/JPY at 141.00’s. GBP/AUD as a wide range currency pair within the GBP universe is consistent to GBP/CAD at multi year range lows at 1.6900’s.

Add the 400 pip violation to 1.7700’s offers a 1.8100’s target. The 2 big points higher must break 1.8170 and 1.8291 then GBP/AUD contains much daylight between 1.8200’s and its next significant points at 1.8400’s and 1.8500’s.

USD/JPY at current 106.00’s is again at critical 4 year lows at 105.00’s and 106.00’s. Nothing changed for USD/JPY to 105.00’s and 106.00’s bottoms as a significant bounce was seen each time 105.00’s and 106.00’s traded. Many forecasts were devoted to 105 and 106 bottoms over the past 3 years.

Current crucial lows for USD/JPY resides at 106.48, 105.98 and 105.87. USD/JPY closed at 106.84. A break of 105.87 targets 102.00 lows. Higher must break 107.66, 107.77, 107.90 then targets 108.70 easily.

Weekly Trades

EUR/USD

Short 1.1219 and 1.1241 to target 1.1138.
Short below 1.1124 to target 1.1005.
Long 1.1005 to target 1.1064.

Long 1.1138 to target 1.1212

USD/JPY

Long 106.57 and 106.68 to target 107.51.
Long 107.77 to target 108.46.
Short 108.46 to target 107.90.

GBP/AUD.

Strategy. Long 1.8028 and 1.8001 to target 1.8390

GBP/CHF

Long 1.1734 and 1.1701 to target 1.2009.
Long above 1.2057 to target 1.2151
Short 1.2009 to target 1.1922.

 

Brian Twomey

Close Price Forecast 16 Currency Pairs

Friday trading for most of the trading day is devoted to closing prices beginning in the 3:00 pm EST time to the actual close at 5:00. Friday trading is an alert to traders exactly how prices will trade next week and which currency pairs will serve the best profit potential. A further aspect to not only trades is the prediction to closing prices. To know a close price allows for an easy Friday day trade.
Due to time constraints today, only 16 currency pairs are offered. Next week, all 28 currency pairs will post but actually many EM pairs may post as well.

EUR/USD 1.1218 to 1.1187.

GBP/USD 1.2418 to 1.2398

GBP/JPY 133.25 – 133.47

EUR/JPY 119.66 to 119.38

AUD/USD 0.6824 to 0.6855

NZD/USD 0.6392 to 0.6423

USD/JPY 106.95 to 107.17

USD/CAD 1.3594 to 1.3556

GBP/CAD 1.6924 to 1.6953

EURNZD 1.7490 to 1.7442

AUD/JPY 73.31 to 73.74

EUR/CAD 1.5242 1.5203

CAD/JPY 78.07 to 78.33

EUR/AUD 1.6316 to 1.6348

NZD/CAD 0.8698 to 0.8723

AUD/CAD 0.9284 to 0.9262

 

Brian Twomey

Trade Results: EUR/USD, NZD/USD, NZD/CAD, AUD/CAD

As usual all trades this week were winners and trade to target remains an ongoing +10 year victory story for short day trades to weekly and long term targets. And as usual, no stops, graphs, charts, god forbid no Fibs or ulterior indicators for wrong forecasts to entries and targets.

Best part to entries and targets is no screen watching as we know targets will achieve. Those days are long past and it allows for time to live life outside of markets.

For long term target example is GBP/USD. Targets in 4 years as follows: 1.3800’s, 1.3600’s, 1.3400’s and today 1.3198. All targets achieved destinations as written but all targets by Mathematical law had to achieve destinations by no other choice. GBP/USD 1.3198 will achieve it destination.

A price doesn’t know, care nor understand for example BOE stimulus, interest rate changes nor Fed stimulus, interest rate changes or Retail sales, PMI, speakers or testimony. A price could care less about Trump or Biden.

Time to 1.3198 is irrelevant. From current 1.2400’s and a 700 pip target , traders should hope for a lower GBP/USD to 1.1900’s, 1.1800 to increase profits and to not watch markets until 1.3198 trades.

Trade theme this week was bottom and top currencies, EUR/USD Vs NZD/USD. And top and bottom within universe, NZD/USD V NZD/CAD. And AUD/CAD to match NZD/CAD.

Trade and Results

EURUSD Weekly Trade As Posted
Short 1.1289 and 1.1305 to target 1.1144.
Highs 1.1353, Lows 1.1185
trade Runs from 1.1305 +120 pips
From Add lot 1.1353 +168 pips
target 1.1144 Ongoing

NZDUSD

Short 0.6481 and 0.6496 to target 0.6334.
Highs 0.6501 Lows 0.6406
trade Runs +90 pips
Trade Ongoing to target

AUDCAD

Short 0.9358 and 0.9386 to target 0.9287.
Highs 0.9427, Lows 0.9296
Perfect Target.
Trade ran +90 pips from 0.9386 and +131 from add lot 0.9427

NZDCAD

Short 0.8786 and 0.8797 to target 0.8625.
Highs 0.8800, Lows 0.8718
Trade Runs +82 pips
Trade target Ongoing

4 trades, +408 pips. As usual trades are few and profits always high and trade perfection achieved.

Weekly Trade Results: EURUSD, AUD/CAD, NZD/CAD, NZD/USD

EURUSD Weekly Trade As Posted

Short 1.1289 and 1.1305 to target 1.1144.

 Highs 1.1353, Lows 1.1185

trade Runs from 1.1305 +120 pips

From Add lot 1.1353 +168 pips

target 1.1144 Ongoing

 

NZDUSD Weekly Trade As Posted

Short 0.6481 and 0.6496 to target 0.6334.

Highs 0.6501 Lows 0.6412

trade Runs +89 pips

Trade Ongoing to target

 

AUDCAD

Short 0.9358 and 0.9386 to target 0.9287.

Highs 0.9427, Lows 0.9296

Trade ran +90 pips from 0.9386 and +131 from add lot 0.9427

2nd Leg Short 0.9263 to target 0.9159.

Trade not triggered Yet

NZDCAD

Short 0.8786 and 0.8797 to target 0.8625.

Highs 0.8800, Lows 0.8718

trade Runs +82 pips

Trade target Ongoing

 

4 Trades +408 pips.

No Charts, No Graphs, No Stops, No Fibs, No Ulterior Indicators, No Screen Watching

 

Brian Twomey

Weekly Trades: EUR/USD, NZD/USD, NZD/CAD, AUD/CAD

AUD/CAD is added this week to NZD/CAD and a continuation to the NZD/USD and EUR/USD trades from last week.
AUD/CAD from the 0.9328 close sits on solid supports at 0.9263, 0.9231 then 0.9138. Massive resistance begins at 0.9474 , 0.9533, 0.9549 and 0.9594. Overall, 0.9263 to 0.9474 and 0.9533. A break of 0.9533 is required to target 0.9600’s and 0.9700’s.

But not this week as lower prices are expected.

NZD/CAD is deeply overbought while AUD/CAD sits at fairly neutral readings. AUD/CAD supports reside at 0.9263 and 0.9231 while NZD/CAD requires a break at 0.8730 and 0.8706 to target lower prices as expected for the week.

For EUR/USD and NZD/USD this week, we maintain continuation to overall short trade however also offered are multiple trades for each currency pair.

Trades

EUR/USD

Short 1.1289 and 1.1305 to target 1.1144.

Short below 1.1112 to target 1.0983.

Cautious long at 1.1144 to target 1.1241.

Short 1.1241 to target 1.1176.

NZD/USD

Short 0.6481 and 0.6496 to target 0.6334.

Short below 0.6318 to target 0.6253.

Long 0.6253 to target 0.6401.

Cautious long 0.6334 to target 0.6416

Short 0.6416 to target 0.6351.

NZD/CAD

Short 0.8786 and 0.8797 to target 0.8625.

Short 0.8602 to target 0.8533.

Long 0.8533 to target 0.8579.

Cautious long 0.8625 to target 0.8694.

Short 0.8694 to target 0.8625.

AUD/CAD

Short 0.9358 and 0.9386 to target 0.9287.

Short 0.9263 to target 0.9159.

 

Brian Twomey

Trade Results: S&P’s, EURUSD, EUR/PLN, NZD/USD, NZD/CAD

As posted Tuesday for the S&P’s
1. Long Red Candle Imminent. It happened Thursday.
2. Top and short at 3233.99, dropped today from 3223.44.
3. Target 2736.59 and 2661.62
4. Must break 3054.55, 2913.95 and 2845.35.
5. Lows 2999.14
6. 200 points to target
6. Trade runs +224 Points
S&P’s only offers normally 1, 2 pr even 3 big trades per year and upon review, we hit every big trade since 2018. As posted for inspection.

EUR/PLN As Posted May 31

Long 4.4267 and 4.4114 to #target 4.4498.

Lows 4.3718 Highs 4.4498

Target achieved

Trade Ran +384 Pips from 4.4114 and +780 pips from 4.3718

Forced to add 1 Lot and trade duration extra 3 days

2nd Leg

Long 4.4574 target 4.4957.

Highs 4.4850

Trade runs +276 Pips

3rd Leg

Short 4.4957 to target 4.4766.

EUR/USD

Short anywhere or 1.1304 and 1.1326 to target 1.1063.

Highs 1.1422, Lows 1.1274

Entry off 96 pips, and profit 52 pips

Strategy: EUR/USD began last week and this week in deep overbought. EUR/USD remains deeply overbought. We maintain a short only strategy until target achieves.

I’m looking for today’s close around 1.1230’s. This means take profit for interested at 96 pips upon 1.1230’s close.

Add additonal lot at significant overbought highs at 1.1400’s then profits will be significantly higher.
Day trade shorts today at 1.1357 and 1.1349 to target 1.1243 and 1.1259 until 10:00 am EST. Significantly lower for EUR/USD may wait until after 10:00 am.

NZD/USD

Short anywhere or 0.6543 and 0.6518 to target 0.6293.

Highs 0.6584, Lows 0.6394

Entry off 41 pips, Profit +49 pips.

A perfect neutral or uncertain price market.

Looking at close today around 0.6373.

Strategy. Maintain short strategy until target achieves particularly when upper end currency EUR/USD is overbought as well as NZD/CAD.

NZD/CAD

Short anywhere or 0.8747 and 0.8759 to target 0.8568, caution 0.8594.

Highs 0.8795, Lows 0.8714

Entry off 36 pips, Profit 45 pips from 0.8759.

Neutral or uncertain price market.

Strategy. Maintain shorts until target achieves. I’m looking at close around 0.8640 and this means + 100 ish pips for interested.

Overall, EUR/USD, NZD/USD and NZD/CAD began the week overbought and maintained overbought status all week. Worst trading market is overbought prices to trade more overbought or oversold to oversold because it forces add a lot and possible extra day or 2 until target achieves But add additional lot also means quicker profits from 2nd lot and either break even on 1st lot or hold both lots to target.

If 1 lot was added to EUR/USD at 1.1421 highs, profit today is +142 pips and +52 pips on the 1st lot for total 194 pips.

Brian Twomey