Weekly Report September 29, 2018
Weekly Report September 29 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Currencies The euro hit a major resistance zone at 1,18 early this week and I believe that that marked the daily cycle top for the euro. As of Friday, we actually have all the condition in place for […]
Weekly Report September 23, 2018
Weekly Report September 23 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Dollar One of the most significant moves that happened last week was the breakdown in the dollar. As I pointed out in the previous Weekly Report, the dollar had already produced a failed daily cycle the week […]
Weekly Report September 9, 2018
Weekly Report September 9 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Currencies The euro and the dollar have progressed the way I suspected in the previous weekly report. The euro fell lower towards what I believe is a HCL and the dollar rallied as the result of that. […]
Weekly Report August 5, 2018
Weekly Report August 5 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Gold Gold managed to break the July 19th low and thus Friday marked day 54 on the current daily cycle in gold. That’s right around the zone for a daily cycle low and as the intermediate cycle […]
Weekly Report July 29, 2018
For new readers of the blog, I recommend reading the terminology page before the weekly reports. Gold There has been a lot of speculation lately on whether the Chinese government has now pegged the yuan to gold. Judging by short term movements that might seem like the case, however there are some issues which I’d like to […]