Daily Archives: September 17, 2011

ST Outlook – EURO/US Dollar 16 September 2011

Current 40-day cycle status: RISING, Day 5 of Wave One. The EURO/US Dollar forex pair continues to offer some fascinating analysis puzzles. In last week’s ST Outlook I discussed the probability that the forthcoming 40-day trough would be synchronous with an 18-month cycle trough. This week price formed the 40-day trough on Monday 12 September, […]