Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Thursday, April 14, 2016
EUR/USD Is Sending Currency Bears Message / Currencies / Euro
By: Nadia_Simmons
Earlier today, official data showed that euro zone industrial production declined by 0.8% in Feb (month-on-month), missing analysts' forecasts. Additionally, industrial production (year to year) rose less-than-expected in Feb, which pushed the euro lower against the greenback. As a result, EUR/USD declined under the Feb high, invalidating earlier breakout. How low could the exchange go in the coming days?
In our opinion, the following forex trading positions are justified - summary:
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Wednesday, April 13, 2016
Bringing Everyone into The banking System so They can Establish a One-World Bank and Taxation System / Currencies / War on Cash
By: Gordon_T_Long
FRA Co-founder Gordon T. Long is joined by Jeff Berwick in discussing the article Central banks beat Bitcoin at own game with rival supercurrency, the central banking system, and blockchain technology.
Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast. Jeff is a prominent speaker at many of the world's freedom, investment and gold conferences including his own,Anarchapulco, as well as regularly in the media including CNBC, Bloomberg and Fox Business.
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Wednesday, April 13, 2016
USD is a Puzzle. I may have a Solution / Currencies / US Dollar
By: Anthony_Cherniawski
There is a lot not to like about this Wave structure, but it may be that the decline is finished. The decision to take this opinion is based on several factors. But the main one was the following Bloomberg article that caught my eye: “Hedge funds are close to calling it quits on the dollar’s best run in a generation.
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Tuesday, April 12, 2016
Bitcoin Price in Tight Range / Currencies / Bitcoin
By: Mike_McAra
In short: short speculative positions, target at $153, stop-loss at $515.
Bitcoin might change how the banking landscape looks like, but it most likely won’t substitute banks, we read on CNBC:
(…) Brock Pierce, the chairman of the Bitcoin Foundation, said that while the adoption of blockchain will hit parts of a bank, it will ultimately create opportunity.
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Friday, April 08, 2016
Bitcoin Price Volatility Deceptively Low / Currencies / Bitcoin
By: Mike_McAra
In short: short speculative positions, target at $153, stop-loss at $515.
A custom Bitcoin-based record-keeping system has been tested on credit default swaps (CDSs), we read on the Wall Street Journal website:
Read full article... Read full article...Banks including J.P. Morgan Chase & Co. and Citigroup Inc. have successfully tested the record-keeping technology behind bitcoin on credit-default swaps, a move that could help it gain a foothold in mainstream finance.
Wednesday, April 06, 2016
USD Breaking Down / Currencies / US Dollar
By: Anthony_Cherniawski
USD made a new low at 94.25 in what may be the last probe lower in wave 3. There is a strong likelihood of it declining further to its Bearish Pennant minimum low of 93.93. The USD/JPY pair has sunk below 110.00 for the first time since last October.
Wednesday, April 06, 2016
Currency Wars, The Truth About Currency Devaluation, Why They Fail / Currencies / Currency War
By: Steve_H_Hanke
In 2010, Brazil’s Finance Minister, Guido Mantega, coined the phrase “currency war” when he complained about the “cheap” Chinese renminbi (RMB). Mantega claimed this gave China an unfair trade advantage. As he put it to the Financial Times, “we’re in the midst of an international currency war, a general weakening of currency. This threatens us because it takes away our competitiveness.”
That was then. Now the Brazilians are conspicuously silent, because the shoe is on the other foot. The Brazilian real has lost a whopping 25% against the RMB since January 2015. The currency wars continue and are every bit as intense as they were back in 2010, when Mantega coined the phrase.
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Wednesday, April 06, 2016
Forex Trading Alert: EUR/USD – Time for Correction? / Currencies / Forex Trading
By: Nadia_Simmons
Earlier today, official data showed that German factory orders dropped by 1.2% in Feb, which weighed negatively on investors’ sentiment and pushed the euro lower against the greenback. As a result, EUR/USD slipped under the Feb high. What does it mean for the exchange rate?
In our opinion, the following forex trading positions are justified – summary:
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Sunday, April 03, 2016
Canadians Switch Out of Canadian Dollars Into U.S. Dollars Now!!... / Currencies / Canadian $
By: Clive_Maund
As a Brit I well understand the deep admiration the Canadians have for their powerful neighbors south of the border, even if it is not always expressed. The good news in this update is that now is the time to "put your money where your mouth is" when it comes to admiring the Yanks, by changing your Canadian dollars immediately into US dollars, the prime reason being that the Canadian looks set to drop after a big rally from mid-January, while the US dollar looks set to surprise by rallying away from the danger zone of the support around 93 on the dollar index.
Friday, April 01, 2016
Bitcoin Edging Towards Declines / Currencies / Bitcoin
By: Mike_McAra
In short: short speculative positions, target at $153, stop-loss at $515.
If you have been wondering what kinds of applications there might be for Bitcoin on Wall Street, apart from settlement work, a new idea has been just highlighted. In an article on the Wall Street Journal website, we read:
Read full article... Read full article...Depository Trust & Clearing Corp., a firm at the center of Wall Street's trading infrastructure, is about to give the technology behind bitcoin a big test: seeing whether it can be used to bolster the $2.6 trillion repo market.
Friday, April 01, 2016
Forex Trading - EUR/USD Increases – What About USD/CAD? / Currencies / Euro
By: Nadia_Simmons
Yesterday, the greenback moved sharply lower against the Canadian dollar despite bullish ADP report and declining crude oil prices as sentiment on the U.S. dollar remained weak after Janet Yellen’s speech. As a result, USD/CAD dropped under important support line. How low could the exchange rate go in the coming days?
In our opinion, the following forex trading positions are justified – summary:
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Wednesday, March 30, 2016
What Currency Has the Highest Purchasing Power? / Currencies / Fiat Currency
By: BATR
Establishment economists are the first vindicators that having a weak currency is essential to foster international trade. The utter absurdity that a nation can prosper when their coin of the realm buys less is inherently illogical. Yet, for the globalists, maintaining the myth that promoting exports in a system that is designed around transporting our domestic manufacturing capacity overseas is intellectually incongruent. So what is the essential argument for having a strong currency?
Tuesday, March 29, 2016
Currency Wars, the Devaluation Delusion / Currencies / Currency War
By: Steve_H_Hanke
In 2010, Brazil’s Finance Minister, Guido Mantega, coined the phrase “currency war” when he complained about the “cheap” Chinese renminbi (RMB). Mantega claimed this gave China an unfair trade advantage. As he put it to the Financial Times, “we’re in the midst of an international currency war, a general weakening of currency. This threatens us because it takes away our competitiveness.” Read full article... Read full article...
Friday, March 25, 2016
Fiscal and Monetary Madness / Currencies / Fiat Currency
By: DeviantInvestor
Global Currencies Madness:
When central banks and politicians “manage” global currencies, we can expect:
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Friday, March 25, 2016
EUR/USD Likely to Fall Back Below 1.10 / Currencies / Euro
By: Richard_Cox
The EUR/USD has fallen under the radar in recent weeks, as overall volatility in the currency space as slowed significantly. There are a few different reasons for why this is happening, as recent central bank statements have clarified what we are likely to start seeing from both the US Federal Reserve and the European Central Bank (ECB). To some extent, we are seeing dovish alterations in many of the previous expectations that most analysts had for both central banks. So, it would not be entirely surprising to see some accompanying trend changes in the weeks ahead.
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Thursday, March 24, 2016
US Dollar Rebound Spells Further Downside for the Kiwi Dollar / Currencies / Forex Trading
By: AnyOption
With rhetoric for US rates hikes ramping higher while other advanced economies across the globe consider the merits of additional accommodation, the US dollar has found itself on the mend after several weeks of softness. Even though US macroeconomic data has been mixed and at times disappointing, first quarter growth is projected to be strong, paving the way for additional tightening while countries such as New Zealand contemplate lowering benchmark rates even further. Read full article... Read full article...
Wednesday, March 23, 2016
Two Short-Term Forex Market Trading Strategies That Can Make You Money / Currencies / Forex Trading
By: Nicholas_Kitonyi
There is much debate amongst experts about whether a buy-and-hold strategy or active short-term trading will earn you higher returns in the long run. There are numerous stories about people successfully turning a few thousand dollars into over a million dollars, by sitting at home in front of their computers and actively trading the market every day. On the other hand, many financial experts believe that buy-and-hold is the way to go as the majority of actively managed funds do not outperform their benchmark indices.
Wednesday, March 23, 2016
GBP/USD - Currency Bears in Charge / Currencies / British Pound
By: Nadia_Simmons
Earlier today, official data showed that the U.K. rate of consumer price inflation increased by 0.3% in Feb, missing analysts' forecasts. Additionally, although month-over-month consumer prices rose by 0.2% in the previous month, the data disappointed market participants, which pushed GBP/USD under 1.4300. How low could the pair go in the coming days?
Tuesday, March 22, 2016
Bitcoin Trading Alert: $400 Level Becoming More Important / Currencies / Bitcoin
By: Mike_McAra
In short: short speculative positions, target at $153, stop-loss at $515
It has been known for some time that Bitcoin transactions are not really anonymous. Now, a company focused on Blockchain surveillance has received significant venture capital funding, we read on The Telegraph website:
Read full article... Read full article...A British technology company that attempts to fight crime by spotting suspicious Bitcoin deals has raised $5m (£3.5m) as banks and regulators begin to take the blockchain technology that backs up the virtual currency seriously.
Friday, March 18, 2016
GBPJPY And EURGBP Elliott Wave Analysis / Currencies / British Pound
By: Gregor_Horvat
GBPJPY
On the intraday chart of GBPUSD, we are looking at a possible three wave structure, labeled as A-B-C, that started from recent highs at 164.098 region, and is now trading midway through it's completion in wave B. That said wave B could be near finished, as price is unfolding near 61.8 fibo. ratio measured from wave A highs. The ideal turning point into lower levels would then be around 161-162.40 area.
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