ΣL Japanese Yen Composite - 7th February 2024 | @ 77 Days | + 2.92%

Last trade: + 2.92% | 'B' class signal: Sigma-L Japanese Yen Composite (GBP/EUR/CAD/AUD/USD vs JPY). Average wavelength of 77 days over 15 iterations since December 2020. Currently peaking.

ΣL Cycle Summary

A continuation of the excellent periodicity for this wave was again demonstrated during January as JPY pairs rose with some mild variance within our composite of fiat currencies. In the composite itself USD outperformed whilst the AUD lagged somewhat. A peak of this wave is now imminent, more details and targets below.

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 Japanese Yen Composite 3rd January 2024
Entry: 3rd January, 2024
Exit: 7th February, 2024

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:
USDJPY (4.32%)
GBPJPY (4.03%)
CADJPY (3.13%)
EURJPY (2.36%)
AUDJPY (0.75%)

Composite Average Gain:
2.92%

Before and After

Signal comparison between our last report and the current time, in chart format.