Euro Long view - 29 October 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?
