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Bank J. Safra Sarasin

Report published August 28, 2026

Bank J. Safra Sarasin: FX Model Trend & Strategy (August 28, 2026)

Bank J. Safra Sarasin · August 28, 2026

Bank J. Safra Sarasin's FX Model Trend & Strategy outlines intraday convictions favoring long precious metals (XAG, XAU), NOK, and ZAR against JPY and SEK. It also provides medium-term (1–7 weeks) and long-term (2–12 months) quantitative trend targets and stops across major currency pairs.

Read the remaining 4 pages

Finvaulta summarizes Bank J. Safra Sarasin's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.

Key Takeaways

  • 1.Top intraday bullish currency/metal convictions are XAG, XAU, NOK, ZAR, NZD, EUR, and AUD, while SEK and JPY are bearish.
  • 2.Favored trades for the day are long positions in XAG/USD, XAU/USD, NOK/JPY, and ZAR/SEK.
  • 3.Medium-term model trends project bullish trajectories for EUR/USD (target 1.1711), GBP/USD (target 1.3676), AUD/USD (target 0.7205), and EUR/CHF (target 0.9411).

Table of Contents

  • FX Model Trend & Strategy
  • Hong Kong
  • Derivatives Warning
  • Complex Product Warning
  • Hong Kong Selling Restriction
  • Singapore:
  • Singapore Selling Restriction

Report data

FOREX MODEL TREND — as of August 28, 2026.

MetricEstimateContext
EUR/USD Exchange Rate1.1642 PriceCurrent exchange rate in model trend table
USD/JPY Exchange Rate159.49 PriceCurrent exchange rate in model trend table
EUR/USD Medium Term Target1.1711 PriceTarget level for medium-term bullish trend
Source: Bank J. Safra Sarasin. This is a dated model snapshot, not a live forecast.

Reports in this series

FX Model Trend & Strategy is shown in chronological order through this edition, published on August 28, 2026.

Part of the FX Model Trend & Strategy series — view all 6 editions

Looking for the latest edition? FXModelTrendStrategy 20261006 en (Oct 6, 2026)

  1. Aug 17FXModelTrendStrategy 20260817 en
  2. Aug 25FXModelTrendStrategy 20260825 en
  3. Aug 26FXModelTrendStrategy 20260826 en

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