ΣL Canadian Dollar Composite - 17th October 2023 | @ 77 Days

Last trade: - 1.22% | 'C' class signal: Sigma-L Canadian Dollar Composite (USD/EUR/GBP/AUD vs CAD). Average wavelength of 77 days over 14 iterations since Dec 2020. Currently approaching a peak.

ΣL Cycle Summary

A quite interesting analysis here for the Canadian Dollar composite, demanding a couple more charts than usual, shown below. The absolutely metronomic component at around 80 days, present in USDCAD, is also present in related pairs here but we have a fascinating extra component that is evidently powerful around 55 days. This shorter comp…