In my previous post I wrote about Bitcoin, and presented an argument for the fact that Hurst cycles are active in the price fluctuations of this new currency. I concluded that post by stating that I believed a peak of 42-month magnitude was due to occur soon. I published the […]
Forex Analysis
25 posts
Bitcoin mania is seizing the world, and as we approach the end of the first week of bitcoin futures trading on the CME, I thought it would be timely to take a look at what the cycles are doing in bitcoin, and answer one of the most frequently asked questions […]
One of the reasons why I am skeptical that gold has started a new bull market (ie. multi-year) is the USD and its status. Currencies and gold work off amazingly similar cycles and thus three closely related instruments are gold, the USD Index and the CADUSD pair (Canadian Dollar). The cycles […]
We have been discussing the Euro a great deal recently. I am expecting a long-term cycle trough to form, and I have mentioned in previous posts how I like to watch the shape of the first 40-day cycle following the formation of a potential trough for confirmation (or not) that it is […]
I want to add a couple of comments about the long term picture to my prior post about the Euro. The chart below is a monthly chart of the EURUSD with the 18 month price wave and 4 year price wave. Except for the minor frequency modulation in the early […]
In a comment to an earlier post ( Market And Manipulation) I expressed the opinion that some of Hurst’s principles are applied differently with respect to forex pairs. The current analysis of the EURUSD is a good example. The generally accepted approach is to phase the waves at the lows […]
I have been watching the Euro (see also this post) for signs that the big magnitude trough that I am expecting to form has occurred. In September 2014 I wrote about this trough, and mentioned the difficulty with the sub-division of the 54-month cycle. This makes it very difficult to […]
Utilizing a Sentient Trader organic analysis of the AUD/USD currency pair starting at the December 1996 high, it appears that the Aussie is headed down into a large cluster of cycle troughs, the largest of which is at least of the 18-month variety. Inside that cluster of troughs, the 26.4 […]
In September I discussed reasons why I expected the Euro to turn up in November or December of this year. That time is upon us, and I am watching the Euro carefully to see whether it is going to manage a turn up. I presented various ideas about the magnitude […]
There is a moment that I love when analyzing markets using Hurst’s cyclic principles which is when all the pieces of the puzzle fit into place. It is an “Aha!” moment that removes analysis uncertainty, and suddenly we can see just a bit further into the misty future. Such a […]