EUR/USD cyclical sentiment not bullish at all
|Our current EURUSD analysis on our major timeframes, 240, daily and weekly, are indicating that we are making a ‘major low’.
EURUSD 240 Min
EURUSD Daily
EURUSD Weekly
COMPONENTS OF THE INDICATOR
Our analysis is based on cyclical information found embedded in historical data depending on the period that we are analyzing. Some markets have a higher percentage of cyclical accuracy than others; therefore, we project within probability bands. When the extremes of these bands are reached there is a high probability of a price reversal.
These areas are highlighted when an extreme is reached. The cyclic projection confirms the extreme and the projection provides an ‘opportunity zone’ which is automatically highlighted on the chart. Additionally, there is also a projection of probable turning points on the cyclic summations into the future.
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