Currencies & Fixed Income 2018 Video Series
by WaveTrack International| January 29, 2018 | No Comments
This latest installment of WaveTrack International’s Annual 2018 three part VIDEO SERIES takes an in-depth look at how Elliott Wave patterns and cycles translate across most of the major currencies & interest rates of the world – PART III, CURRENCIES & INTEREST RATES – 2018 & BEYOND.
Our latest Video/Report analyses over 55 charts and cycles highlighting major trends, reversal levels together with Fibonacci-Price-Ratio projection levels of the major currency pairs/crosses and interest rates of the U.S., Europe and Japan. Don’t hesitate. This is the most thoroughly researched, accurate ELLIOTT WAVE ANALYSIS on the planet. We’ll be taking a look at currency trends over a 50+ year period and projecting these trends into the future. And if you want to see what the US$ Dollar looks like over a period of 350-years and U.S. interest rates over a period of 250+ years, then this latest ANNUAL 2018 ELLIOTT WAVE PRICE-FORECASTS & CYCLE PROJECTIONS will tell you.
US Dollar 2017 Recap
It was exactly 1-year ago, in January 2017 when the annual forecast wrote: This year’s most anticipated event is the changing trend for the US$ dollar against its G4+ counterparts. Over the last 7.8-year cycle period, the US$ dollar index has traded higher from the pre-financial-crisis lows to current levels but contained within a typical Elliott Wave, THREE price-swing pattern…This 7.8-year cycle upswing is about to complete, into Q1’17 then stage a reversal-signature that resumes the long-term downtrend. The dollar’s decline over the next several years will be massive, fueling a resurgence in commodity values and other assets classes in this 2nd phase of our ‘INFLATION-POP’ scenario.
It’s easy to forget just how prescient this forecast was because the US$ dollar has since declined so rapidly during the last year. It is now already embedded into our current reality – in other words, we’ve got used to it! But at the time, it was oh-so contrarian with consensus opinion heavily tilted towards a strengthening US$ dollar. Mainly because the Federal Reserve was expected to continue tightening monetary policy and a resurgent U.S. economy triggered by President Trump’s ‘America First’ programme. But all that was blown away during 2017. The US$ dollar index benchmark has since declined by -14.8% per cent – but why? Part of the reason has been a resurgent Euro which is the world’s second most traded currency unit. Yet, we believe the real reason behind the US$ dollar’s decline is the change in its alternating 7.8-year cycle.
Currencies and 7.8-Year Cycle Downtrend
Back in 2008, the dollar index formed a low at 70.70. Fast-forward another 7.8-years to late-2017, early 2017, the cycle alternates to form its next major peak. This of course, means the next 7.8-year cycle is now in a downwards direction from the US$ dollar. But what path is it likely to follow during this time period? No trend or even counter-trend trades in a straight-line! This annual report examines that path for the US$ dollar, but also how this relates to the Euro/US$, Stlg/US$, US$/Yen and many more currency pairs and crosses. And to place the 2018 forecasts into context, we’re examining long-term trends to see how they’ve interacted in the past, how they influence the future.
Furthermore, we also take a look at the net aggregated US$ dollar positioning against 8 currencies which offers a glimpse into sentiment extremes and what the immediate future holds for many of these trends. We expect to see a significant directional change of intermediate degree status into Q1 2018 which will have an effect on all currency pairs and crosses. Specific attention is also drawn to Commodity Currencies like the Aussie and Canadian dollar, together with Yen crosses against other majors. Our attention then turns to Emerging Market currencies, the Asian ADXY basket, but also some directional hints for the Korean Won, Singapore Dollar, Indian rupee, Taiwan Dollar, Thai Baht, Malaysian Ringgit, Indonesian Rupiah and the Philippine Peso. Our analysis will also include the Mexican Peso, US$/Rand, Brazilian Real, the Russian Rouble and China’s Renminbi – oh, I almost forget to mention Bitcoin!
Interest Rates – U.S. | Europe | Japan
Interest Rates are a big subject for 2018. Whilst the Federal Reserve has begun to withdraw from monetary stimulus over the last year with rate hikes a normal feature and expectation for 2018, it’s quite a different story with two other major central banks. The European Central Bank is continuing to exert its stimulus programme with continued bond purchases with no signs of withdrawal. Even though it acknowledges the Eurozone economy is in a strong recovery. The Bank of Japan has just reiterated its commitment in maintaining its own economic stimulus agenda whilst its key inflation measures remain benign. This dislocation is an intriguing one but there is some uniformity in the way long-dated interest rates are behaving.
One aspect worthy of mention is that despite U.S. stock markets reaching new record highs and a strong economic reading across many industrial sectors. Yet, the US10yr yields are relatively low by comparison! This annual 2018 report will offer some insights as to why this is happening whilst planning a definitive route for long-dated yields for this coming year. We’ll make comparisons with the benchmark European DE10yr yield and adding some cycle analysis before finalising with an outlook for the TIPS 10yr Inflation rate and Japanese 10yr yield forecast.
Only Twice a Year!
This new 2018 CURRENCY & INTEREST RATES VIDEO is like nothing you’ve seen anywhere else in the world. It’s unique to WaveTrack International, how we foresee trends developing through the lens of Elliott Wave Principle (EWP) and how its forecasts correlate with Cycles and Currencies, Interest Rates from around the world. It is only available twice a year!
We invite you to take this next part of our financial journey with us – video subscription details are below – just follow the links and we’ll see you soon!
Most sincerely,
Peter Goodburn
Founder and Chief Elliott Wave Analyst
WaveTrack International
The contents of this CURRENCIES & INTEREST RATES VIDEO include Elliott Wave analysis for:
Currencies:
• US$ index
• Euro/US$
• Stlg/US$
• US$/Yen
• US$/CHF
• AUD/US$
• NZD/US$
• US$/CAD
• Euro/Stlg
• Euro/Yen
• Asian ADXY
• US$/IDR
• US$/MXN
• US$/ZAR
• US$/BRL
• US$/RUR
• US$/CNY
• Bitcoin
Interest Rates:
• U.S. AAA+ 30-Year Corporate Bond Yields
• US30yr Yield
• US10yr Yield
• US10yr TIPS Break Even Inflation Rate
• DE10yr Yield
• JPY10yr Yield
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Single Video – $48.00* *(additional VAT may be added depending on your country of residence. Currently US, Canada, Asia have no added VAT but most European countries do) – PART II – CURRENCIES (55 charts 2 hours long) (Dec. ’17/Jan. ’18)
Triple Package offer – $96.00* (saving 33%) *(additional VAT may be added depending on your country of residence. Currently US, Canada, Asia have no added VAT but most European countries do)! – PART I – PART II – PART III (Dec. ’17 – Feb. ’18)
And the latest COMMODITIES video covers 67 charts and is 2 hour 5 mins long. click here to read more about the COMMODITIES video content
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