EUR/USD cyclical sentiment not bullish at all

John Rawlins QuantCycles

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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For a free one-month trial of our "Daily Alerts", send a request to [email protected] and/or visit our website.

Author

John Rawlins

QuantCycles

I am a former member of the Chicago Board of Trade (CBOT) with more than 40 years of experience in trading and research. I developed the QuantCycles algorithm, featured in Futures Magazine, Modern Trader Magazine and numerous research reports.

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