No changes to the dollar outlook since the weekend report. It's a wild ride in the currency markets and the Gold Daily Cycle is due to make a low this week or the next. The technicals have turned lower and it's pretty clear the dollar is headed towards a Daily Cycle Low. Beyond that though, it gets much more difficult to predict where the dollar is headed. My expectation is for further downside because the Investor Cycle has also matured and possibly topped, the signs of it rolling over are now present.
This as is an excerpt from Wednesday's premium update from the The Financial Tap, which is dedicated to helping people learn to grow into successful investors by providing cycle research on multiple markets delivered twice weekly. If you'd like to receive real time alerts as well as the most up to date reports, you may want to take their FREE 15-day trial to fully experience what they offer. Coupon code (NYSE:ZEN) saves you 15%.