BCA Looks At Currency Trends, Likes AUD/USD Mid-Term

The US dollar could be headed lower, if analytics from BCA Research is correct. Utilizing both trend and fundamental models, the July 22 research report said the yen might have gotten ahead of itself as a policy divergence between the US Fed and their counterparts in Japan and the European kingdom differ.

BCA says British pound is a buy while separate algorithmic analysis questioned the validity of the “Brexit” sell signal

After the Brexit vote, several algorithmic trigger signals in some momentum models were sent. Shortly after the vote, separate analysis showed this is when the least reliable triggers occurred. Momentum models triggered before the Brexit vote became...