Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.Wednesday, November 15, 2017
Bitcoin Rebounded Strongly From 5427 / Currencies / Bitcoin
BTCUSD rebounded strongly from the bottom support trend line of the price channel on the daily chart after a sharp drop from 7887, suggesting that the bitcoin price remains in the uptrend from 1812. As long as the channel support holds, the fall from 7887 could be treated as consolidation of the uptrend and further rise could be expected after the consolidation.
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Wednesday, November 15, 2017
The Battle And Future Of Bitcoin In Jeopardy / Currencies / Bitcoin
I went on We Are Change recently to talk about the future of bitcoin with Luke Rudkowski.
There is so much going on in the cryptocurrency space. One of the biggest things being talked about is the highjacking of Blockstream and Bitcoin Core by globalist influence.
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Wednesday, November 15, 2017
5 Ways Bitcoin can Improve its Odds of Becoming the Future of Money / Currencies / Bitcoin
In 2013, Forbes' Kashmir Hill tried to live on Bitcoin for a full week and it was a rough experience. She couldn't pay her rent, she was practically living on BTC-bought Sushi, and she had to walk or bike to most places. Now, living on Bitcoin for a week will be a significantly improved experience because many merchants both online and offline now display the "Bitcoin Accepted Here' sign. In fact, CNBC has a video documentary showing an entertaining attempt to live on Bitcoin on 2017
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Wednesday, November 15, 2017
NZDUSD Broke Below Trend Line Support On 4-Hour Chart / Currencies / Forex Trading
NZDUSD recently broke below a bullish support trend line on the 4-hour chart, indicating that the bounce from 0.6818 had completed at 0.6979 already.
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Tuesday, November 14, 2017
GBP/USD Faces Resistance at 1.3850 / Currencies / British Pound
The GBP/USD continues to press forward with its long-term downtrend but there are still opportunities for bullish currency investors that are looking to capitalize on opportunities at lower levels. After seeing some critical changes in the need for higher interest rates, the Bank of England has quickly started to alter its stance and this is leading to a turnaround in the GBP off of its prior lows.
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Monday, November 13, 2017
The Bitcoin Bubble Explained in 4 Charts / Currencies / Bitcoin
BY JAKE WEBER : Cryptocurrencies have surely been the best-performing asset class of 2017.
The crown jewel of the crypto world Bitcoin has run up over 604% year to date. But that pales in comparison to Ethereum’s 3,562% gain this year.
Naturally, these sorts of monstrous returns in such a short period of time spark heated debate. In fact, many financial pundits and crypto advocates have scrambled to argue whether Bitcoin is a bubble or not.
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Saturday, November 11, 2017
Bitcoin War Begins – Bitcoin Cash Rises 50% While Bitcoin Drops $1,000 In 24 Hours / Currencies / Bitcoin
Don’t be fooled… there is a war going on for bitcoin.
I posited to TDV subscribers months ago that factions of Bitcoin Core and Blockstream are a globalist attempt at taking over or destroying bitcoin. Or at the very least, an attempt to profit from it being slow and expensive.
How else can you make sense of a group that thinks it is totally fine for bitcoin to have transaction fees in the hundreds of dollars. In fact, they prefer it to be expensive!
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Saturday, November 11, 2017
E-franc, E-krona... E-volution? / Currencies / BlockChain
By Murray Gunn: With all the speculation around the future of Bitcoin and other cryptocurrencies, we thought you'd find this interesting.
Dam Square, Amsterdam 1636. Rue de Quincampoix, Paris 1719. 'Change Alley, London 1720. Is Zug, Switzerland 2017 about to be added to this roll call of bubble epicenters?
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Friday, November 10, 2017
BTCUSD Remains In Uptrend From 5020 / Currencies / Bitcoin
BTCUSD stays in a bullish price channel on its 4-hour chart and remains in the uptrend from 5020. As long as the price is in the channel, the pullback from 7887 could be treated as consolidation of the uptrend, and another rise could be expected after the consolidation.
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Thursday, November 09, 2017
Bitcoin Nearly Hits $8,000 and Cryptos Skyrocket After Segwit2X Fork Is Called Off / Currencies / Bitcoin
There was a lot of speculation about what would happen to bitcoin after the planned Segwit2x fork on November 16th.
Well, we got to find out a week early as news came out today that the Segwit2x fork has been called off.
The suspension was announced today in an email written by Mike Belshe, CEO and co-founder of bitcoin wallet software provider BitGo. One of the leaders of the Segwit2x project, he argued that the scaling proposal is too controversial to move forward, saying,
Read full article... Read full article..."Unfortunately, it is clear that we have not built sufficient consensus for a clean block size upgrade at this time. Continuing on the current path could divide the community and be a setback to Bitcoin’s growth. This was never the goal of Segwit2x."
Wednesday, November 08, 2017
USDCHF Moved Sideways Between 0.9938 and 1.0038 / Currencies / Forex Trading
The USDCHF pair moved sideways in a narrow range between 0.9938 and 1.0038 on the 4-hour chart for several days. As long as the price is above 0.9938 support, the sideways move could be treated as consolidation of the uptrend from 0.9704, and further rise is still possible after the consolidation.
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Wednesday, November 08, 2017
So You’re a Bitcoin Millionaire! Now Where Do You Invest? / Currencies / Bitcoin
If you’ve made a profit from bitcoin and other cryptos, congratulations! You’re obviously a smart investor who spotted a trend early on and was able to profit. Hats off to you.
But now it’s time to take some profits… right? If you were smart enough to buy in early, you’re smart enough to know that it’s not a profit until you take it. And that asset prices don’t rise forever, no matter how revolutionary the technology.
Yes, some cryptos will gain widespread acceptance and use, but most won’t. Yes, the technology is here to stay, but that doesn’t mean prices will rise indefinitely. Yes, it’s a whole new industry that will continue to grow and evolve, but that doesn’t mean you’ll make a killing forever.
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Wednesday, November 08, 2017
Best Foreign Exchange Broker / Currencies / Forex Trading
Foreign exchange is basically the exchange of one country’s currency or money into another country. The other name of foreign exchange is Forex. In the economy of a country, the total value of the currency depends on the supply and demand of it. Otherwise, we can say that the value of a country’s currency can be fixed to another country’s currency, like U.S dollar. And also by the country’s government, the value of that country’s currency can be fixed.
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Tuesday, November 07, 2017
Forex FreeWeek: Get FREE Access to Pro-grade FX Trading Forecasts / Currencies / Forex Trading
Dear Trader,
Our friends at Elliott Wave International are putting on a special event for traders -- and you're invited!
Forex FreeWeek Nov. 8-15, gives you unrestricted access to EWI's Currency Pro Service, a trader-focused service that delivers intensive, 24-hour-a-day coverage of forex markets (normally $494/month, yours free during FreeWeek).
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Tuesday, November 07, 2017
Bitcoin Blockchain Hypocrisy Most Foul... / Currencies / Bitcoin
Precious metals expert Michael Ballanger examines why gold and silver have been stagnant while bitcoin and blockchains have taken off. As you all know by now, I have absolutely zero knowledge of anything related to the "blockchain" technology, which translates into "I don't own Bitcoin and would not touch HIVE Blockchain Technologies Ltd. (HIVE:TSX.V; PRELF:OTC) with a barge pole." That also means that I am constantly being reminded, primarily by those considerably younger than me, that geriatric anchoring is costing me (and my readers) a great deal of money by avoiding the space which, as you can see from the chart below, has been absolutely true.
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Monday, November 06, 2017
The US Dollar Reports of its death have been greatly exaggerated / Currencies / US Dollar
In deference to Mark Twain, I will review the USD, general stock market, precious metals, the electric metals and various other topics. In the past two weeks Rambus has been so prolific with such high impact charts that I find it a challenge to offer value added material so I offer charts with some different perspectives.
USD-No I Am NOT Dead Yet!
Currencies tend to be a very emotional subject. I try to be objective when analyzing them, sticking to the language of the market and it’s message. It is always important to guard against the gold bug narrative, it can even influence our views of currencies. Demanding posts insisting the USD is toast and immediately headed towards history’s ash heap seem closely related to this gold bug narrative. The USD has spent the first 8 months of 2017 in a well defined downtrend, however it does not appear to be in a death spiral. Actually the shouting and insistence that it must continue down has been a fairly predictable sign that its move downward was reaching its limit. The dollar may have now completed a base and is set to continue its move higher. This is not dogma as it could reverse downward, but for now it’s making all the right moves if the trend is higher.
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Monday, November 06, 2017
USDCNH Is Forming A Triangle Pattern On 4-Hour Chart / Currencies / China Currency Yuan
The USDCNH pair seems to be forming a triangle pattern on its 4-hour chart. The price broke above a falling trend line last Friday, indicating that the short term downtrend from 6.6635 had completed at 6.5840 already.
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Monday, November 06, 2017
Secure your money with the most reliable forex brokers / Currencies / Forex Trading
Looking for a second income?
In this current volatile global economic scenario job security is very low as companies from various industries tend to fire employees on a regular basis. Technological advancements made across the world and their implementation in various sectors has reduced dependence on human intelligence and labour. Machine and robots have replaced humans in various sectors taking over the repetitive tasks. So, despite the increasing world population, the job market is shrinking at an alarming rate. Each and every one should have a backup plan or a second income source to support our expenses. With the widespread availability of internet across the world, you can get various options to make some money online. Trading in the stock exchange or foreign exchange market is one of the most popular methods to make some quick money with a little investment. If this option suits you, this article can guide you through the basics about a valiutų brokeris. Choose the best broker and start trading now to earn huge returns within a short time.
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Sunday, November 05, 2017
Using Hard Wallets To Secure Your Bitcoin & Cryptos / Currencies / Bitcoin
Joseph Wang of Cryptohwwallet.com and I had a chance to have a great interview while the two of us were at the Texas Bitcoin Conference in Austin.
After losing around 6 bitcoins in Joseph’s early experience, he decided to take a closer look at hardware - cold storage wallets. From there, he got involved with selling them.
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Saturday, November 04, 2017
Bitcoin Blasts Through $7,000… Are We Glitching The Matrix? / Currencies / Bitcoin
As a cryptocurrency HODLer, these are good times.
I take a flight, arrive, and my bitcoin holdings have soared. I go to sleep, wake up, bitcoin is up.
As I write, from here in Lisbon, Portugal, for Steemfest bitcoin is over $7,300.
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