Link to guidance notes for Hurst cycles terminology: FLD, VTL, Translation, Diamonds, Circles/Whiskers...
Euro | US Dollar
The Euro is an interesting instrument to analyze because of two inevitable questions:
- Which way up should the analysis be performed? (Or put differently - is this an instrument with synchronized troughs or peaks?)
- Do the cycles which influence the Euro have the same wavelengths as those that influence stock markets?