Euro Long view - 29 October 2022

Long Term Analysis Oct 29, 2022

Link to guidance notes for Hurst cycles terminology: FLD, VTL, Translation, Diamonds, Circles/Whiskers...

Euro | US Dollar

A trough of at least 18 month cycle magnitude is forming. Looking for confirmation of the trough and then clues to greater magnitude.

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?

David Hickson

David is a writer, filmmaker and entrepreneur who has been trading financial markets for 30 years. He is the creator of Sentient Trader, the premier Hurst analysis software for professional traders.