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February 2016 Currencies Forecast

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The US Dollar is in a Bull Market The US Dollar will most likely drive much of the moves in other currencies, since it has the largest monetary base and is used to price so many materials. In this chart we look at the other two major currencies which is the Japanese Yen and Euro. We also look at the Canadian Dollar which is one commodity related currency and almost tracks the Australian Dollar. Most Currencies are driven by a 16 to 17 year cycle The 17 year cycle is the Cicada reproductive

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