Thursday, June 25, 2026

NZDUSD(@NE1)

The cycles on monthly chart are 30 and 10 months. We are 1/3rd into 30 months cycle. The bottom of 10 months cycle is in July or August, but it is very likely that it is already bottomed. All is pointing up. Market should go up till the end of the year. The target is 70.

The cycles on the weekly chart are 31 and 124. A new cycle just started and the market is going up strongly. It is overbought, at upper band and may correct here. But afterwards it should continue its advance.

The daily cycles are 20, 40, 60 and 80 days. The bottom was supposed to be on 6/27, but advance was very strong and it may turn back up earlier.

Conclusion: 

I should take any long signal.