Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Saturday, August 20, 2016
The Chimera Of Stable Money / Currencies / Fiat Currency
By: Frank_Hollenbeck
Since the early 19th century, economists have consistently preached that the value of money or its purchasing power should be stable or relatively stable. David Ricardo, in 1817, said: “A currency, to be perfect, should be absolutely invariable in value.”
According to this view, money as a unit of account should be equivalent to a yardstick measuring an immutable distance. Over the last century, this view of money has led economists to suggest that prices, reflecting the purchasing power of money, as measured by a price index [1], should also be stable and that central banks should actively interfere with the market economy to bring stability to such an index. The U.S. Central bank has essentially been following such a policy since its inception in 1913. Price stability is inscribed in the Maastricht Treaty, and the goal of hitting a 2% CPI inflation target is a variant of this widely-held view.
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Wednesday, August 17, 2016
USDU - An Important Perspective on the US Dollar / Currencies / US Dollar
By: Rambus_Chartology
We started following this US dollar index about a year or so ago which has a more equal weighting of different currencies than the $USD. Even though I don’t post it much this Alternative US dollar index has some very interesting Chartology on it which may be giving us an important clue as to the intentions of the Dollar .
If you recall the Standard US dollar index ($USD) was testing a major inflection point in May around the 92 area earlier this year. It did finally bottom but left some unfinished business behind. This is the daily chart I was following at the time for the USDU which shows the H&S top in place and the decline that took the price action down to the low at the 25.50 area. From that low the USDU began a decent rally but couldn’t trade above the neckline extension line at reversal point #2 before the bears took charge again. The bulls were able to stop the decline at reversal point #3 and a laborious rally took the USDU back up to the top of the trading range where the neckline extension line came into play again along with the 200 day moving average.
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Thursday, August 11, 2016
The Colombian Peso Going Higher / Currencies / Forex Trading
By: Austin_Galt
The Colombian peso has increased value against the US dollar as laid out in previous analysis, The Colombian Peso!, produced on 21st February 2016 when the USDCOP was trading at 3.358,500. Price is now 2.974,000.
I expect the USDCOP currency pair to continue its decline so let’s review the daily chart.
Wednesday, August 10, 2016
Bitcoin after Recent Decline / Currencies / Bitcoin
By: Mike_McAra
In short: short speculative positions; stop-loss at $657; initial target at $527.
The customers of the recently hacked Bitfinex exchange will most likely share the losses resulting from the theft, we read on the Wall Street Journal website:
Bitfinex, the digital-currency exchange that lost $65 million to hackers last week, plans to spread the losses among all its users, including those not directly affected by the hack.
The Hong Kong-based digital-currency exchange said in a statement Sunday that the losses from the theft would be shared, or “generalized across all accounts and assets” of its clients, with each taking a loss of around 36%.
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Saturday, August 06, 2016
Why Stability is Not what Bitcoin Needs and Why Big Business Should Move Into It / Currencies / Bitcoin
By: Submissions
Shannon Lowery writes: It is constantly spoken that Bitcoin is not viable because it is not stable.
Stability, from my view point, is not what Bitcoin needs.
Bitcoin needs appreciation.
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Friday, August 05, 2016
The Blockchain - Cold, Hard Cash Will Soon Be A Distant Memory / Currencies / War on Cash
By: Chris_Vermeulen
The ‘blockchain’ technology, the very basis on which the bitcoins were created, is likely to become the backbone of the future digitization of money. The importance of the technology was asserted in the 16th Annual International Conference on Policy Challenges for the Financial Sector; a three-day convention which was held on June 1st through June 3rd in Washington, D.C.
The conference was held under the tutelage of the FED, the World Bank, and the International Monetary Fund.
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Wednesday, August 03, 2016
The Colors of Money: Andrew Jackson Still Fights the Banking War / Currencies / Fiat Currency
By: MoneyMetals
This year marks the 101st anniversary of Andrew Jackson rolling over and over in his grave.
Back in 1915, the brand new Federal Reserve pasted the 7th President's likeness on its first $10 debt note – a sharp slap to the President who fought and won his famously bitter battle to destroy the “corrupting monster” of central banking.
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Wednesday, August 03, 2016
Bitcoin Price Flashes Important Signal / Currencies / Bitcoin
By: Mike_McAra
In short: short speculative positions; stop-loss at $657; initial target at $527.
Does Bitcoin correlate to gold? This is the kind of question Bitcoin enthusiasts pose to themselves. As it turns out, the question might be surprising to a lot of people who claim that the two are very similar. In an article on CoinDesk, we read:
An analysis of historical market data conducted by ARK Invest's Chris Burniske failed to illustrate a strong relationship between the two.
Burniske's analysis revealed that when examined on a weekly basis, the one-year rolling correlation of bitcoin and gold's returns was positive for nearly the entire period between 30th December, 2011, and 20th June, 2014.
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Wednesday, August 03, 2016
US Dollar Analysis And New Trading Opportunity / Currencies / US Dollar
By: Chris_Vermeulen
Investor optimism in stocks is becoming more widespread. Last week’s NAAIM Exposure Index rose to 101, which is the highest level since December of 2013. The trading sentiment composite has moved to a “Sell Signal” and last week saw an 11 on the VIX. Excessive optimism is universal.
We are entering an interesting time of the year for investors. Is this stock market going to break out to the upside and rally to further new highs, or will this latest lull be followed by a painful reversal of fortune? Historically, the August/September timeframe is the “Danger Zone” for the stock market.
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Monday, August 01, 2016
4 Stages of Fiat Monetary Madness / Currencies / Fiat Currency
By: Michael_Pento
There are four stages of fiat money printing that have been used by central banks throughout their horrific history of usurping the market-based value of money and borrowing costs. It is a destructive path that began with going off the gold standard and historically ends in hyperinflation and economic chaos.
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Sunday, July 31, 2016
Bank of Japan Disappointment Sets Stage For Further Yen Appreciation / Currencies / Japanese Yen
By: AnyOption
After the considerable fanfare that followed the Liberal Democrats sweeping victory in the upper house of Japanese Parliament, the monetary stimulus measures that have seen been unveiled have not been met with optimism as evidenced by the recent strengthening in the Yen. In a sign that confidence in the Bank of Japan continues to fall, and recently announcement of expanded JPY 6 trillion in ETF purchases failed to move the needle lower for the Yen. Anticipation of more aggressive stimulus measures including expanded easing and lower interest rates was not rewarded after the Central bank abstained from making serious adjustments to existing policy measures. Despite the pessimism that surrounded the decision, it may have been the best move considering the ongoing deflationary pressures that have not budged and weaker consumption metrics. However, with deteriorating economic fundamentals comes the added risk of another wave of Yen appreciation.Read full article... Read full article...
Sunday, July 31, 2016
US Dollar Set For Massive Smackdown / Currencies / US Dollar
By: Austin_Galt
The US Dollar Index price action has played out exactly as forecast in recent subscriber analysis. That analysis reduced the price expectation for the bear rally and the recent high of 97.62 was a bingo hit.Let’s review the technicals beginning with the daily chart.
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Thursday, July 28, 2016
U.S. Dollar Bear Market / Currencies / US Dollar
By: Gary_Savage
The first stage in a bear market begins with a severe drop below the 200 day moving average. This serves as the shot across the bow warning. Then there is usually at least one more attempt to recover the 200. When it fails the bear market starts in earnest. The dollar has dropped below the 200 this morning.
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Wednesday, July 27, 2016
Monetary Zika - The Insidious Nature of Credit Expansion / Currencies / Fiat Currency
By: Dr_Jeff_Lewis
The insidious nature of credit expansion under the implicit guise of forced legal tender has worked it’s way (essentially) undiagnosed through many generations.
Viruses work from the inside out. They take over the control center of a cell. They use the existing machinery to proliferate.
Ultimately, the most successful become part of the host. Some become a part of the genome.
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Tuesday, July 26, 2016
Bitcoin $650 Still in Play / Currencies / Bitcoin
By: Mike_McAra
In short: no speculative positions.
A recent development in the Ethereum ecosystem might turn out to be important for other digital assets, Bitcoin included. On CoinDesk, we read:
The ethereum ecosystem is returning to normalcy following a high-profile hack last month that resulted in nearly $60m worth of investor funds ending up under the control of an unknown group or individual.
The 'theft', as some would label it, was eventually reversed through what's known as a hard fork, a change in the code, 'approved' by an informal community vote, that effectively moved the disputed funds to a new account where investors could withdraw their original investments.
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Tuesday, July 26, 2016
The Forex Markets Are Getting Exciting! / Currencies / Forex Trading
By: EWI
Our Senior Currency Strategist explains why
Jim Martens, the editor of our Currency Pro Service, gives you a preview of what's going on in the FX world post-Brexit.
Watch this new interview to learn which markets Jim's keeping his eye on.
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Monday, July 25, 2016
Here’s One Currency That Could Go to Zero / Currencies / Fiat Currency
By: John_Mauldin
BY JARED DILLIAN: Shinzo Abe just scored a decisive victory in the upper house elections. Let me explain why that is not boring.
Abenomics was conceived in 2012 as a way to combat Japan’s never-ending deflation and pseudo-depression. It included a truly massive program of quantitative easing. This involved the printing of yen to buy all sorts of assets—including stocks!
Abenomics has continued for four years… with mixed results.
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Saturday, July 23, 2016
Large Investors Become Major Bitcoin Buyers / Currencies / Bitcoin
By: Chris_Vermeulen
The world has woken up to the fact that the Central Banks are a curse, rather than a boom to the global economies, and their time left is slowly coming to an end because of new technologies and currencies I talked about last week.
People are starting to park their money in digital currencies, like Bitcoin, rather than parking them in fiat currencies. This is primarily due to the Negative Interest Rate Policy as well as Zero Interest Rate Policy of the Central Banks, which explains the sharp rise in the price of Bitcoin, this year as seen in the chart below.
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Wednesday, July 20, 2016
Forex: "The Markets Are Getting Exciting!" / Currencies / Forex Trading
By: EWI
Our Senior Currency Strategist explains why
Jim Martens, the editor of our Currency Pro Service, gives you a preview of what's going on in the FX world post-Brexit.
Watch this new interview to learn which markets Jim's keeping his eye on.
Read full article... Read full article...
Wednesday, July 20, 2016
Forex Trading: Investors Await Inside Bar Breakout for Clear Direction in USD/JPY / Currencies / Japanese Yen
By: Richard_Cox
The US Dollar (USD) extended upside movement against the Japanese Yen (JPY) on Thursday, increasing the price of USD/JPY to more than 105.00 as bulls gain strength. The technical bias however remains bearish because of a Lower Low in the recent downside move. The pair has formed a great inside bar trade setup after the emergence of a giant candle on 24th June amid Brexit vote. A breakout through the aforementioned candle will provide clear direction for the pair.
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