Comments

USD Intermediate Cycle — 4 Comments

    • With the USD on day 9 out of its last TC Low, the odds are now in favor that this will be a “right translated” Cycle that will then make a higher low than the last TC Low.

      When that happens, the likelihood it that the new TC will likely test the recent high, if not exceed it. The USD’s longer cycle should be close to hopping, however, but that does not mean that this current uptrend can’t continue into late November or early December now.

      The one positive thing that I am seeing is that Gold has been holding its own as of late despite the USD’s strength.

Leave a Reply

HTML tags allowed in your comment: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>