Seasonal Trend of Currencies – Elliott Wave Technician

Euro

The European debt crisis has increased the focus on the euro currency, which typically peaks in late December or early January. The strongest seasonal period for the euro is from September to the end of the year.

From a high in late December or early January, the euro often has an initial decline into February before it bounces. The euro then resumes its decline, making a final bottom in the August-to-September time frame.

British Pound

From the beginning of the year declining into a bottom in March and then rising into year end.

Swiss Franc

From the beginning of the year declining into a bottom in June and then rising into December / January.

Canadian Dollar

From the beginning of the year declining into a bottom in February and then rising into June making a top and then declining into year end.

Australian Dollar

Bottoming in the beginning of year in the January – March time frame and rising into year end.

The Rothschild Brothers of London writing to associates in New York, 1863, laying the groundwork for the eventual passage of their catastrophic Federal Reserve Act on December 23, 1913:

“The few who understand the system will either be so interested in its profits or be so dependent upon its favors that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.”