Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.Wednesday, May 04, 2016
Watching for an Undercut Bottom in the US Dollar / Currencies / US Dollar
Undercut bottom in the dollar coming next? Maybe.
Currencies are tricky SOB’s. Be aware we may still get one more drop to form an undercut low and catch shorts on the wrong side of the market.
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Tuesday, May 03, 2016
Is Craig Wright The Creator Of Bitcoin? Frisby and Matonis On ‘Satoshi Nakamoto’ / Currencies / Bitcoin
Craig Steven Wright, an Australian computer scientist, self-declared cyber security expert and entrepreneur, has claimed to be the creator of Bitcoin, the elusive ‘Satoshi Nakamoto’.
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Tuesday, May 03, 2016
US Dollar Index on the Brink as Dollar Meltdown Continues - Video / Currencies / US Dollar
Transcript Excerpt: Tuesday May 3rd 2016 yes around 8:40 a.m. London time or 340 New York
time I'm gonna be talking currencies this morning as the dollar continues to
to drop you know quite quite sharply I had been covering the yen and how that's
been appreciating quite strongly against the dollar despite the fact that the BOJ
stepped up especially knowing the end of February stepped up their cue we and a
negative interest rates but this morning I will be talking a little bit the
dollar index dollar index is basically weights and measures the dollar against
a basket of currencies and this basket is composed of the following 57.6% euro
30.6% Japanese yen 11.9% British Pound 9.1% Canadian dollar four point to.
Tuesday, May 03, 2016
A Currency War Battle That Europe and Japan Can’t Afford To Lose / Currencies / Currency War
The dollar is tanking lately. From a high of around 100 in December, the dollar index — which measures USD against a basket of foreign currencies — is down about 8%, and the decline is steepening. In counterintuitive currency war terms, that means the US is winning the latest battle.
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Monday, May 02, 2016
When the Truth is Found to be Lies, Confidence in Currency Dies / Currencies / Fiat Currency
In 1967 the Jefferson Airplane sang:
“When the truth is found to be lies,
And all the joy within you dies…”
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Monday, May 02, 2016
USD Still Declining... / Currencies / US Dollar
USD is plummeting lower today. This is keeping USD/JPY suppressed, even though the Yen is not rallying at the moment.
Bloomberg reports, “After falling for three months, the dollar is set to rebound, if this historical seasonal chart is any guide.
The Bloomberg Dollar Spot Index, which tracks the greenback versus 10 peers, has appreciated in May in every year but one since 2007, according to a Bloomberg Seasonality Chart. That’s the best record among the 12 months.
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Monday, May 02, 2016
USD, Yen and an ‘Inflation Trade’ Update / Currencies / US Dollar
The Fed has been trying to promote inflation. That is not the guy with the tin foil hat speaking, it is direct from FOMC statements targeting a higher inflation level, which is another way of saying they are targeting a lower US dollar level. From this we leaned toward that which would benefit from a declining USD. Precious metals (led by silver) are a prime beneficiary, with oil and some commodities remaining firm despite pressure on stock markets as corporate performance and economic signals continue to fade.
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Friday, April 29, 2016
US Dollar Meltdown Underway as Fed Credibility Evaporates - Video / Currencies / US Dollar
Transcript Excerpt: It's Friday April 29 2016 early here in london it's nine o'clock in the
morning so 4 a.m. New York time while in the us- and I'm making this video just
to talk about the dollar but the galleries crashing you most people and
even I have focused on the dollar yen on the yen been strong but you know we've
broken through the lows of the year and we had the lowest level since October
2014 that the dollars at 107 12 right now against the yen we had a key support
which was to prove you know earlier this month the low one of seven sixty and we
went down way to 10 689 and you know there's talk about that the Bank of Japan
Thursday, April 28, 2016
AUD/USD - Trend Reversal or Just a Bigger Pullback? / Currencies / Forex Trading
Earlier today, the Australian Bureau of Statistics showed that the consumer price index dropped by 0.2% in the first quarter, missing analysts' forecast. Additionally, consumer prices (year-on-year) rose by 1.3% in the first three months of the year also disappointing expectations. Thanks to these numbers, the Australian dollar declined sharply against the greenback, which pushed AUD/USD under previously-broken important line. Is it enough to trigger further deterioration in the coming days?
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Tuesday, April 26, 2016
Technical Versus Fundamental Currency Analysis – What Is Better? / Currencies / Forex Trading
There are so many questions that appear when you start to analyze currencies. Many do not even properly understand what this actually is. We end up looking at terms that we never heard about and do not really know what to do.The problem is that currency market analysis is paramount to the success of any currency based investment. You simply cannot focus on currencies and make a profit in the event that you do not know exactly what the market is like, how it operates and what will happen in the future. Most people do not have the luxury of using automated systems or do not want to. You can see this platform as an example of an automated signal based trading system. This is an option but since you are here, you surely want to do your own analysis.
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Tuesday, April 26, 2016
Britain's Prospects: GBP and BREXIT - MAP Wave Analysis / Currencies / British Pound
This base chart is readily available on the internet and I cannot find a source for it so, can't vouch for its accuracy suffice to say it follows MWA and MAP wave count which is beyond coincidence, and is an excellent demonstration of the fractal nature of waves! This highlights how context to analysis is gained and the importance of data for analysis.
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Monday, April 25, 2016
USD/CHF Meets Heavy Resistance At 0.9850 / Currencies / Forex Trading
Market Bulls writes: We have seen some interesting activity in the USD/CHF over the last few months as most of the market is still looking to weigh-in on the potential for interest rate changes as the US Federal Reserve. At this stage, there are not many global central banks that can even consider raising interest rates, so the developments here at the Fed will be critically important for those trading in the currencies space. The first step in the process here is to determine the price levels that will be required to form a basis and argue for or against bullish trend activity in the USD/CHF.
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Sunday, April 24, 2016
US Dollar Price Forecast / Currencies / US Dollar
Is the US Dollar in a new bull market or is it about to crash? Opinions seem divided on this issue and mine is a mixture of both depending which time frame is used.
Let's begin the analysis with the short term outlook followed by some big picture analysis.
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Thursday, April 21, 2016
US To Paint New Pictures On Its Dying, Barbarous Relic of a Currency / Currencies / US Dollar
In a letter to the American tax slaves, US Treasury Secretary Jacob Lew “the Loon” has presented his plan to replace some of the images on the dwindling $20, $10 and $5 Federal Reserve Notes. Slave emancipator, Harriet Tubman, will replace Andrew Jackson on the $20, leaders of the suffrage movement will go on the $10 and images of the Lincoln Memorial will go on the $5.
You’d think with the US government being $19 trillion in debt they’d have bigger priorities than artwork.
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Tuesday, April 19, 2016
British Pound Caught In Strong Trading Range / Currencies / British Pound
Currency markets have had some difficulty in establishing trends for most of the year, and this has made it harder for traders to establish a strong stance when dealing with the majors. The Euro, US Dollar, and the Japanese Yen have all shown themselves to be clear examples of this but when we look at recent activity in the British Pound it is looking as though some different conclusions can be drawn.
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Thursday, April 14, 2016
EUR/USD Is Sending Currency Bears Message / Currencies / Euro
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
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
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
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
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.