006年外汇市场行情回顾和2007年行情展望(Review of foreign exchange market in 006 years and forecast of 2007 Market).docVIP
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006年外汇市场行情回顾和2007年行情展望(Review of foreign exchange market in 006 years and forecast of 2007 Market)
006年外汇市场行情回顾和2007年行情展望(Review of foreign exchange market in 006 years and forecast of 2007 Market)
2006 foreign exchange market review and 2007 Market Outlook
2006 is about to pass, we are about to usher in a new year, and the foreign exchange trend in 2006 can not be said to be magnificent, but it is intriguing. The non US currency rebounded in 2006 for a year after a sharp fall in 2005. Why was the 2006 trend defined as a rebound? Because before 2005, the non US currencies has done a few years of the five large waves rise, from the beginning of 2005, the non US currencies into the operation period large adjustment wave, but the wave of adjustment is large, it is easy to take some bands as rally or decline trend in the local. Usually, a more standard adjustment wave should be three wave structure, which is the wave theory known as ABC adjustment, 2005 non US currencies fell, the adjustment should be large wave A wave, and the rise in 2006 should be modified for B wave rally, fell on 2005, in the B wave rally after, will also have an C wave down to complete the adjustment of the non US currencies.
I wrote at the end of last years Outlook 2005 market review and the market in 2006, once issued the following that adjust the wave structure picture, described the 2006 non US currencies will have a larger rebound, but the rebound structure is difficult to predict in advance, because the 2006 non us rally is B wave rally, and B wave is a most difficult to grasp in waves. Speaking of my last post, a large wave of adjustment of non US currencies, theoretically can have 9 kinds of trend, the decline in 2005 can let us from the 9 trend in excluding several unlikely forms, but in 2006 the overall non US currency is on 2005 rebound, the rebound in the form of existence may 9, so in 2006 the market trend, it is difficult to grasp the year. Heres a brief review of the non US trend of 2006.
Most of the currency of non US currencies, mainly refers to the European currency, the big w
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