FOREX - Trends, forecasts and implications 2016 - page 583
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I hardly ever talk to you as it is.
on trend building 0.95 target by month, from there no lower than 1.18
Is that a grudge?
It's not a month or a year forecast, it takes five, eight years to reach a peak. You look at the average MN, it takes eight years between decline and rise. And 2016 is just the end of an eight year cycle
Euro clear, pound clear). Where to wait for the yen?
102.00 waiting for the end of the wave and a correction to 105.
On the euro? or?
Forecast for the euro, for the next 8 year cycle. From MN we can distinguish three 8 year cycles, the first one drew the bottom, the second one drew the peak, forming a channel. The third ended in March, there you can count differently there, up to mid-December, but all calculations end in 2016, now you can say, there is already the 4th cycle, which should move up and there, to break the channel peak, somewhere 2000 pips higher.
8 years is a long time span, things can always change.
All is correct except one, we don't take it away but add, we change the sign to the opposite, at 25 it was -27, i.e. +0.0027=0.9965. It turns out that the BAXCHIF started to fall before its 16 pips to this level. The sign is reversed because the fp is specified for Spot - Futures = Futures while we need a Spot from Futures + Fp = Spot.