To illustrate today's analysis, I propose a model of statistical discrepancy on currencies, in order to justify who is the real leader of the financial markets, which seem to accuse a global pre-slowdown of the financial markets. So I gathered a basket of generally aggressive currencies to which I oppose them to a basket of defensive currencies; After algebraic ...
- MACD histogram highest during for 3 months
- Current TOP is broken the biggest retracement of the nearest downtrend (wave VI to VII) and I think here is Elliot waves 1.
-Thus, I predict CAD index will go up from the wave VII to wave VIII.
- 3 targets are calculated by Elliot waves' rule.
Several weeks ago.
Investors worried New Agreement USMCA (United States-Mexico-Canada)
that they are able to reach a mutual agreement.
There is a good signal. This will result in Canada's currency and economy returning soon.
The last few days will be crucial for the financial markets, in particular, the currency market, the bond market, and the stock market. Particularly with the large-step approach of the mid-term elections of the American president. Some believe that if Republicans manage to keep the House of Representatives and by increasingly establishing a majority, the prices ...
You have front of your eyes the evolution of the relationship between the currencies of risk appetite and the currencies of risk aversion since the exit of the financial crisis of 2008-2009 to today (at the dawn of a new market shaking). We find ourselves curiously in the same configurations and this seems to ripen quietly week after week.
Note: The markets are ...