Waking up to Gung – Ho -II

This is what we said on 17 JAN 2007 in our WAVES.FOREX report.
“Yen is moving sideways for the last 22 years and has touched near 120 levels for more than 10 times in the respective period. This means on average once every 2 years. This is a huge currency inaction compared to dollar. This we consider a multi year potentially rewarding opportunity. The USD/YEN ratio line broke the 22 year trend suggesting YEN is ready to move out of inaction and head to potentially below 80 (33% strengthening) for many years. And if we add the gung ho factor, dollar might just wake up against it.”
What happened to YEN after this is an evidence of Fractal science. Prices hit 100. The latest issue of WAVES.FOREX carries more of such long term updates on currencies around the world. And a closer look would tell you why one the world’s strongest currencies SWISS FRANC might still weaken against ROMANIA LEI. The report also carried the projections for Indian RUPEE still pointing lower to 38.
Enjoy the latest WAVES.FOREX.140308. To read the latest issue write to us for a free trial today or download the report from REUTERS KNOWLEDGE, YAHOO FINANCE, THOMPSON ONE or THOMPSON RESEARCH.