ΣL USD Composite - 19th February 2025 | @ 83 Days | + 3.08%
Last trade: 3.08% | 'B' class signal detected in Sigma-L USD Composite. Running at an average wavelength of 83 days over 13 iterations since March 2022. Currently peaking
ΣL Cycle Summary
Price rose across all instruments in our USD composite, as anticipated, with this wave dominating the spectra below wavelengths less than ~ 120 days across the planet and in all prominent USD pairs. Whether the low in January is of larger magnitude remains to be seen. If we see higher lows at the next trough of this ~ 80 day wave, due early April, that will be indicative of further highs to come, likely courtesy of this cycle’s next up leg. A breach of the lows made in early January will be a striking indication of USD strength and would register multi year lows for some major pairs.
Within our composite of 23 USD denominated currencies the more exotic pairs gave the best yield, BRL/USD topping the list at 7.02% over the trade period.
Trade Update
Summary of the most recent trade enacted with this signal and according to the time prediction detailed in the previous report for this instrument, linked below.
Type: Buy - ΣL USD Composite - 14th January 2025
Entry: 14th January 2025
Exit: 19th February, 2025
For a composite analysis, each constituent’s respective gain over the period is displayed, in descending order. The average of the constituent gain is also shown.
Constituent Gain vs USD:
BRL 7.02%
THB 6.82%
PLN 5.49%
ZAR 5.04%
CLP 5.00%
SEK 4.60%
HUF 4.42%
MXN 3.18%
GBP 3.16%
NOK 3.15%
NZD 3.15%
AUD 2.62%
ILS 2.48%
SGD 2.36%
CZK 1.84%
EUR 1.72%
UYU 1.72%
MYR 1.54%
PHP 1.39%
DKK 1.25%
CAD 1.14%
CHF 0.99%
CNY 0.69%
Composite Average Gain:
3.08%