I did some cyclic analysis on USD/CAD. When consider most dominant 5 cycles on daily time frame July and August looks firmly bearish.
When we focus on 325 days cycle from half span moving average we can make a price prediction. Cycle top was just below 1.13. If we measure from here to half span MA cross and if we subtract this value from MA Cross we can expect a bottom around 1.0380 (let %10 of total movement as error rate)
When we focus on 325 days cycle from half span moving average we can make a price prediction. Cycle top was just below 1.13. If we measure from here to half span MA cross and if we subtract this value from MA Cross we can expect a bottom around 1.0380 (let %10 of total movement as error rate)
