Attached is the EURUSD along with several cyclical indicators. The ULE is a FAST Mercury-Venus Helio angle cycle, it has been excellently correlated with the price since the onset of the bounce last march. I also have a FAM model Neural Net in a panel, it is the indicator with the buy and sell signals, it is suggesting that this currency pair is most likely going to rally going into the new year. The Green indicator is the Venus phase cycle which has been quite dominant since lhe peak in May of last year, it also suggests that this market is bound to move to the upside. I also took it a step further and placed a tentative cycle that has been alive for only 2 periods, Please keep in mind that a cycle, similar to a trendline, remains tentative until its third period which confirms the presence of a cycle, anyone can take the distance from two lows and claim the presence of a cycle, it is the third bounce that confirms the outlook. It does seem interesting however that the low is due while all other indicators seem to be supporting a rally, The picture with the RED overlay with price is the fast annual cycle, it suggests that the market is also going to rise going into the new year. Please view the correlation of the FAM model in the picture above as well.
Regards,
Ahmed Farghaly