Kenneth Tower, CEO & Chief Investment Strategist of Quantitative Analysis Service, Inc. (QAS) announced to clients on August 17th that the Euro (EURUSD) Completes Major Low!
QAS Alert – Euro (EURUSD) Completes Major Low!
*EURUSD likely to exceed May high.
*Our Weekly data is turning back up after a consolidation of the rally in early 2016. Timely to add.
*Target 1.22 (Jan 2015 level). Long-term potential 1.34.
*This is part of what we see as a large top in the US$ and is related to a major low in Commodities and major macro shift in favor of commodities, commodity related economies, and Emerging Market Equities & Bonds.
*Gold began a new up cycle early this year and the US$ appears to be making a major top.
*Industrial metals also appear to be bottoming.
*Contact us for information about specific commodities and currency pairs.
*QAS Alert Follow-Up A$: ASDUSD remains very favorable. Target 0.93.
Please contact us for further information.