Report
Hendra Lau

Will Yen Continue to Outperform in 2019?

Will Yen Continue to Outperform in 2019?

Care to guess what is the best performing major currency in 2018? Chances are you will say that it’s the US Dollar. Although US Dollar is doing pretty well this year, the best performing currency is in fact the Japanese Yen. You can see in the table below that despite the Dollar Index rallying 4.9% as of Dec 27th, the Yen has outperformed the U.S Dollar by 1.43%. We can also see the U.S. Dollar has rallied against all the other major currencies, but the Japanese Yen has rallied even at a greater percentage against the same currency. For example, EURUSD has dropped 5.08%, meaning that U.S Dollar has rallied 5.08% against European Dollar this year. However, EURJPY dropped 6.5%, which means that Japanese Yen has rallied at a greater percentage against the European dollar.

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Elliott Forecast
Elliott Forecast

Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to thousands of clients. ElliottWave-Forecast has built a reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary Pivot System, we provide precise forecasts with up-to-date analysis for 52 instruments including FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. Our clients also have immediate access to our proprietary Actionable Trade Setups, Market Overview, 1 Hour, 4 Hour, Daily & Weekly Wave Counts. Weekend Webinar, Live Screen Sharing Sessions, Daily Technical Videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions. 

Analysts
Hendra Lau

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