The dollar countertrend?

After illustrating that long dollar, short Euro or vice versa is a pair trading strategy, we captured 24%, 13% on Long Dollar, Short LERO (Euro) and Long Dollar index, Short GBP. Then on 4 Jun we mentioned that dollar Index should underperform. What happened?
Long LERO (Euro) – Short dollar, Long LGBP – Short Euro and Long YEN – Short dollar delivered 6%, 5% and 4% respectively. In 17 calendar days dollar performance cycles have already topped. Alpha Forex carries minor (less than 3 weeks) of performance cycles on currencies. A topping dollar performance cycle suggests that dollar weakness could be a corrective counter trend and any upmove on GBP, YEN and Euro might be short lived. We have to wait and see. Alpha Forex is updated on a daily basis. To keep abreast with forex and commodity signals, subscribe to Orpheus Research Alpha.
The latest Alpha Forex carries the latest numeric ranking, numeric ranking changes, long only – short only signals, running pair performance signals, performance and pair cycles and strategy updates. Brent, Silver and NZ dollar are topping the rankings while dollar Index is bottoming in ranking.
For more information on Alpha Forex mail us at support@orpheus.asia
Strategy Update

Numeric Ranking
Performance Cycles

ALPHA is a pair trading, long only – short only strategy and numeric ranking product based on TIME fractals. Time arbitrage, Time Triads, Time fractals are terms coined by Orpheus Research. The signals are carried over three different time frames viz. sub minor (2-3 days), minor (10-30 days) and intermediate (above 30 days). This is a daily signal product. The signals will be illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. This is a part of the time triads analytics developed by Orpheus Research.
Assets Covered : Assets Covered : 1: SNOK.L (Short Norwegian Krone) 2: GCZ0 (Gold) 3: DDSH0 (Silver) 4. BRT- (Brent) 5: SSEK.L (Short Swedish Krona) 6: LAUD.L (Long Australian Dollar) 7: LCAD.L (Long Canadian Dollar) 8: LGBP.L (long British Pound Index) 9: LJPY.L (Long Japanese Yen) 10: LNZD.L (Long New Zealand Dollar) 11: =USD (Dollar Index)
*This is a strategy product. Long Short strategies are not riskless strategies. Please mail us for a detailed working or consult a local financial risk manager to execute these pairs. For more details please subscribe to the ORPHEUS TIME ANALYTICS research products.
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Orpheus Research at Reuters – United Kingdom
Orpheus Research at Reuters – United States