There will definitely be parity between the euro and the dollar. Let's simulate the dynamics of the values of the EUR/USD time series and see when the EUR/USD quote becomes equal to 1?
Understanding the following requires knowledge of Niro's Alphabet of Attractors and the ability to analyze time series fractal structures. You can get acquainted with the Alphabet of Niro Attractors, the technique of reading fractal structures and the method of modeling the dynamics of value in the financial market by reading the article “When will Dow be Low?”, which shows the application of the method of modeling the dynamics of charts on the example of a Dow Jones index chart built with a time frame of 1 year on the time interval 1896-2021.
Analyzing the global fractal structure of the EUR/USD quotes dynamics chart, built with a 2-year time frame on the time interval 1970-2022, we can assume that it is an emerging fractal-attractor F22 (view 2, type 2) from Alphabet Attractors Niro. This global fractal-attractor F22 is indicated on the chart by a blue fractal.
Taking into account the already formed fractal structure of the EUR/USD chart, we can say that the 1st segment of the global fractal is completed and its 2nd segment is being formed. The 1st segment of the global fractal, marked in blue, is the fractal, which is marked in green on the chart. The 2nd segment of the global fractal, marked in blue, is marked with the emerging red fractal. The 3rd segment of the blue fractal will begin to form after the 2nd segment completes its formation. The fractal marked in red on the chart, which is the 2nd segment of the blue fractal, which has a higher order, is in the process of forming its 2nd segment.
The 2nd segment of the red fractal is indicated by a pink fractal, which is in the process of forming its 3rd segment, as a result of which the upcoming dynamics of the EUR/USD currency pair quotes will rise to 1.3700. The completed pink fractal will be the 2nd segment of the red fractal, as a result of which the dynamics of EUR/USD quotes will show a downtrend from 1.3700 towards 0.8000.
winning_trades posted: This is quite technical but this seems more helpful when looking for correlation in pairs right?
I affirm that the analysis and forecast of EUR/USD is impossible without the analysis and forecast of GBP/USD and EUR/GBP, AUD/USD and EUR/AUD, CHF/USD and EUR/CHF, CAD/USD and EUR/CAD, JPY/USD and EUR/JPY, CNY/USD and EUR/CNY.
The chart of the EUR/USD quotes dynamics, built with a 1-month timeframe, shows that the upcoming quotes dynamics will rise to the level of 1.3700 as part of the formation of the 3rd fractal segment, which is indicated in dark blue.
AliaDare posted: EURUSD is the current condition of what you think. Analysis Say it.
As of January 31, 2022, my forecast has the highest probability of being realized. Of course, there are other models for the future dynamics of the EUR/USD. The chart shows the future dynamics of EUR/USD, taking into account the current fractal structure of the chart, and as small fractal structures develop, it may be necessary to adjust the time and cost intervals of the fractal segments.
EUR/USD, fractal structure (time frame 1 Day / 01/28/2022). Taking into account the fractal structure that has developed on 01/28/2022 on the chart of the EUR/USD currency pair, built with a time frame of 1 day, we can assume that the 2nd segment of the fractal, which is marked in red on the chart, is completed. The 1st segment of the red fractal formed in the form of the F22 fractal from the ABC of Niro Attractors, which is marked in blue on the chart. The 1st segment of the blue fractal is marked with a green fractal, the 2nd segment is a mono-segment, and the 3rd segment of the blue fractal is marked with an olive fractal. In this case, the upcoming dynamics of EUR/USD quotes will be ascending as part of the formation of the 3rd segment of the red fractal.
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