This Morning I thought that we would beak down the Canadian Dollar.
The Canadian Dollar prints a daily cycle low about every 18 – 30 days. Tuesday was day 24 and is currently the lowest point following the cycle peak. The CAD can still poke lower but it is in the timing band for a daily cycle low. Any swing low printing now has good odds of marking the daily cycle low.
The weekly cycle sits at week 18. The CAD intermediate cycle averages 14 – 23 weeks from trough to trough. So at 18 weeks, the CAD is in the timing band for an intermediate cycle low. Also note that the CAD has breached the lower Bollinger Band. A new daily cycle will likely also mark a new intermediate cycle.
On to the yearly cycle we see that the CAD prints a yearly cycle low every 8 – 14 months. The CAD is currently at 13 months. Should a new intermediate cycle begin, that will likely also mark a new yearly cycle for the CAD.
It seems that the daily, weekly and yearly cycles are syncing up for an upside break.
Cycle Trading 
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