Forex Annual Top-Down Analysis (2022):
It looks like we have an interesting year for Forex traders ahead. The charts clearly indicate surprising Kiwi (NZD) and GBP strength as well as continued CHF and CAD strength. The USD remains weak waiting for a break of important upper resistance. The USD bears are still accumulating energy to start and win the (epic) battle over the bulls.
Check out this multi-year amazing S1 pattern that has formed since 2004 in the EURUSD pair. The JPY pairs in general are weak and should resume the momentum-driven JPY-weakness already experienced since the end of 2021.
Overall, the big surprise is the NZD & GBP strength. The most interesting chart right now is the EURUSD as it forms an important base (Monthly chart) for follow-through to develop towards additional USD weakness.
https://www.youtube.com/watch?v=5QN9n1UiByc
Futures Annual Trend Scan (2022):
The year 2022 is off to an interesting start with potential weakness in US Equities. This might trigger an asset class rotation with funds moving away from US Equities into Energies and Metals. Both Energies & Metals, show very promising charting constellations for a resumption of the strong prior uptrends.
What’s most interesting in 2022 will actually be:
1. The development of the USD Index (DX). Continued USD weakness should fuel the precious metals.
2. The development of the Interest Rates Futures. If and when we see yields increase, a lot of liquid capital will become available, searching for a safe haven outside of government bonds. Hence, lots of inflows into US Equities, Metals, and Energies.
Get more insight and instruction from Gabriel when you attend his Forex Trading Systems and Forex Live Trading Workshops (plus Crypto training), starting in March 2022!