The Way of Investment (Part 15)

The Path to Investment Mastery (Part15)

1.      Compare with the previous verification

In the previous “Path to Investment Mastery,” from the daily chart of currency strength, we selected the top 3 currencies and the bottom 3 currencies, and compared the directions, values, and slopes of the nine currency pairs formed by combining them. Looking at the daily currency strength graph, the basic ranking (from the top, USD, CHF, CAD, to the bottom, JPY, GBP, EUR) remains the same as last time, but some currency pairs have changed in direction or value, so we will compare with the previous values.

2.      Verification

For verification, as before, we used “8CP Visualization Indicator Oceaniaversion, Londonversion, NewYorkversion, AnyCP. The upper row shows the previous values, and the lower row shows the current values.version

Currency pair          Direction     Value                Slope    

USDJPY          ↑        718.15          13.33

USDJPY↑        809.3821.41

The yen has accelerated further, the exchange rate has risen, and both the value and slope have increased significantly.

GBPUSD         ↓        -704.85          -19.74

GBPUSD         ↓        -749.53          -3.37

GBPUSDfell, but the pace of decline is slowing.

EURUSD         ↓        -652.64          -2.22

EURUSD         ↑        -640.61          11.32

EURUSDhas reversed and started to rise.

CHFJPY↓        589.90          -0.64

CHFJPY↑        652.3423.09

I thought it would fall, but instead rose.

EURCHF↑        -463.947.41

EURCHF↓        -445.80          -4.18

It rose briefly, but then moved downward.

GBPCHF         ↓        -513.50          -6.93

GBPCHF         ↓        -553.55          -14.40

           The decline is progressing.

GBPCAD         ↓        -524.69          -12.09

GBPCAD         ↓        -555.16          -3.44

The downward speed has weakened, but the trend is still downward.

 EURCAD↑        -475.02            4.57

EURCAD↑        -448.495.28

The bottom has turned up and is rising. The slope has increased somewhat.

CADJPY          ↑        583.95            4.23

CADJPY↑        653.0819.30

Still on the rise and accelerating.

(Watchlisted currencies)

 NZDCHF↑        -338.326.27

NZDCHF↓        -371.34          -11.40

What rose last time has turned downward.

When comparing with the previous values, some currency pairs are quite scattered. While I had expected the broad trend to move from the dispersion phase toward a convergence phase, for some pairs it seems they are still in the dispersion phase.

In the upward direction, the currency pairs with large slopes (3 pairs: CHFJPY, USDJPY, CADJPY) were marked with a gray marker pen. From the daily view, if you are buying, these three currency pairs are preferable.