EURUSD update - 25 October 2024

Macro Outlook Oct 25, 2024

You will come across specific terms in these notes (FLD, VTL, and so on). Rather than explain them each time, you will find definitions here: guidance notes for Hurst cycles terminology.

EURUSD - 40 day cycle trough forming?

In Monday's macro outlook we noted: "Price is starting to stabilise in the anticipated 40 day cycle trough zone in sync with the US Dollar's purported 40 day cycle peak formation..."

Christopher Grafton CMT

Chris has been involved in the markets for 20 years. He is the author of Mastering Hurst Cycle Analysis and is an experienced working technician. Chris holds the CMT qualification.