USDCAD: Hurst Cycles - 27th January 2023

With the interim target of 1.33 hit and the next 80 day component trough approaching, we examine the next moves. In addition, we compare with spectral analysis of the similar EURCAD & GBPCAD

Essentials: Nominal Model | FLD | FLD Trading Strategy | FLD Trading Strategy (Advanced) | Principle of Nominality | Underlying Trend | Time Frequency Analysis

Analysis Summary

Price has, to all intents and purposes, met the 20 week FLD cross target at 1.33 noted in our last report on USDCAD. The excellent signal at the 80 day component has been retained …