"A column currently published on Oriental Publication ONLINE" Which stocks have formed a strong uptrend after breaking above a long consolidation of more than 2 years?

Good morning, this is Matsushita.

Right now, both the domestic stock market and the foreign exchange market

lack excitement and are embodying a summer dull market.

Among markets that lack momentum,

there is a stock that has broken out of a two-year consolidation at the bottom and

has become the main candidate in the market.

That is EUR/USD.

EUR/USD has declined from its long-term high in 2008,

and for about seven years until 2015 it continued to fall.

In the middle, due to the Greece shock,

debt problems were revealed, and there were even talks of a euro collapse.

As is typical, the ECB implemented monetary easing, and

from March 2015, after a wide price range,

they formed a long-term bottoming process over two years.

The breakout from that long-term bottoming range occurred in

December 2016; however, the breakout turned out to be a false breakout,

and since the low in January this year, it began to rise,

and on July 26, it broke above the high of this long-term bottoming range,

completing the breakout and forming a major uptrend.

Even in such a period lacking momentum,

there is a stock that is forming a powerful uptrend on its own.

Moreover, that stock had been languishing for more than two years

as a currency.

“Ghosts and markets tend to move toward the quieter side.”

Indeed, EUR/USD

has been a currency that seemed abandoned by the market,

with such price movements.

But right now, it is the strongest trend

being formed.

And if you understand the basics of trend following,

investors should be buying this currency now and letting their profits grow.

When a trend emerges,

you jump on it and increase your profits.

This is the correct posture of a trend-following investor.

Please confirm the daily uptrend of EUR/USD and become an investor who can ride it.

Although it is a currency chart,

it also serves as a good example for stock investors.

A tempestuous uptrend is

currently forming in EUR/USD.