Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Sunday, April 23, 2017
USD Cycle Update - 23rd April / Currencies / US Dollar
By: SurfCity
This Update will provide both a near term and long term update on the USD an where I think it stands in its short and long term cycles. My first two charts are the same near term daily chart. The first provides my cycle counts for the past 6 Trading Cycles. The second shows a potential Blue Fork Channel that should hold it. USD did find a TC low on day 17 last week.
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Sunday, April 23, 2017
EURUSD at a Critical Point in Wave Structure / Currencies / Forex Trading
By: Enda_Glynn
My Bias: short in wave 3 blue.
Wave Structure: downward impulse wave 1, 2 blue
Long term wave count: lower in wave 3 blue
Important risk events: EUR: French Presidential Election, German Ifo Business Climate. USD: N/A.
Tuesday, April 18, 2017
The Philippine Peso Squeeze / Currencies / Forex Trading
By: Dan_Steinbock
In the first quarter, the Philippine peso depreciated against the US dollar. Internationally, this was attributed to President Duterte’s policies. In reality, it has a lot to do with the expected US rate hikes. But there is a reason why misguided geopolitics now overshadows Philippines. In the recent quarter, the Philippine peso depreciated by 0.88 percent against the US dollar. It was the only currency in Asia to do so. For the first time since 2009, the peso drifted to 50 per US dollar.
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Tuesday, April 11, 2017
Marc Faber: Euro to Strengthen, Dollar to Weaken, Gold and Emerging Markets to Outperform / Currencies / Forex Trading
By: MoneyMetals
Mike Gleason: It is my privilege now to be joined by a man who needs little introduction, Marc Faber, editor and publisher of The Gloom, Boom and Doom Report. Dr. Faber has been a long-time guest on financial shows throughout the world and is a well-known Austrian school economist and an investment advisor and it's a tremendous honor to have him on with us today.
Dr. Faber, thank you so much for joining us again and, how are you?
Marc Faber: My pleasure, thank you.
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Tuesday, April 11, 2017
Origin And Danger Of Fractional-Reserve Banking / Currencies / Fiat Currency
By: Kelsey_Williams
If there is any one thing in particular that threatens the collapse of our banking system and financial structures worldwide, it is the practice of fractional-reserve banking. The subject is rarely mentioned in the financial press. When it is mentioned, a clear explanation is usually not available.
Monday, April 10, 2017
US Dollar and Chinese Renminbi: Mysteries Revealed / Currencies / China Currency Yuan
By: Dan_Steinbock
The Trump administration’s exchange-rate hawks contend that the US should designate China as a “currency manipulator.” In reality, the problem is the strengthening dollar, despite massive debt US owes to foreign countries.
Before the Trump-Xi Summit, the White House has often warned about “currency manipulators” while targeting US trade deficits.
Sunday, April 09, 2017
Forex Currencies Trading Around the World Chartology / Currencies / Forex Trading
By: Rambus_Chartology
As there seems to be a lot of interest in some of the currencies I would like to show you some charts we’ve been following for a very long time. Most of the charts will be long term in nature which won’t do us much good in the short term, but they will keep us in tune to the direction these currencies are most likely to take
Knowing what to expect in the Longer term is important not only to currency and commodity traders but to the very Countries who’s currencies are impacted and to their exporters and importers as well.
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Tuesday, April 04, 2017
EUR/USD - Another Invalidation of Breakout / Currencies / Forex Trading
By: Nadia_Simmons
On Friday, the euro extended losses against the greenback and closed the week under the previously broken long-term support/resistance line, invalidating the earlier breakout. Will this negative development encourage currency bears to act in the coming week?
In our opinion, the following forex trading positions are justified - summary:
EUR/USD: short (a stop-loss order at 1.0967; the initial downside target at 1.0521)
GBP/USD: short (a stop-loss order at 1.2738; the downside target at 1.2157)
USD/JPY: none
USD/CAD: none
Monday, April 03, 2017
USD and Gold: Intermediate and Super Cycle Update / Currencies / US Dollar
By: SurfCity
Beyond the 5-6 month Intermediate Cycle and Yearly Cycle (2-3 Intermediate Cycle), there are also longer Cycles for all assets. Gold for example has a 4 Year Cycle and the USD has a 3 Year Cycle (measured Low to Low). The USD also has a 15 Year Super Cycle (5 of its 3 Year Cycles).
I have stated that my longer term Cycle analysis indicates the USD should be making its 15 Year Super Cycle top in 2017 but I am not sure just yet if this is behind us or dead ahead. As always, the Price and Time action on the charts will guide me. For now the Wedge in my first chart needs to be watched closely over the next couple of weeks. A break to the upside of my Red down trend line will confirm a new Intermediate Cycle for the USD while a more serious breach of my Blue Uptrend line that goes all the way back to early 2014 would have me strongly consider that the 15 year top is in.
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Sunday, April 02, 2017
Time to Repair the Deflating US Dollar / Currencies / US Dollar
By: Tony_Caldaro
Every century the US has been existence there has been a new USD. And we believe it is time for a new US Dollar in the 21st century. In the following paragraphs we hope to explain why this is required, and how this could be accomplished in the coming years. First a little history.
In the 18th century (1792) the US established the first USD with the one ounce Silver coin. There was no paper currency only Silver and Gold coins. The US was on a Silver standard, and one ounce of Silver was worth $1.
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Friday, March 31, 2017
See the Top Forex Markets that are Poised to Move -- Right Now / Currencies / Forex Trading
By: EWI
Dear Trader,
You saw big moves in forex last year -- and 2017 should be no different.
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Thursday, March 30, 2017
USD May Stay Soft in Near Term / Currencies / US Dollar
By: ElliottWave-Forecast
Although the Fed is in the rate hike cycle, USD rally started to lose momentum early this year when market started to realize that monetary policy divergence started to narrow. ECB has started to talk about rate hikes, while China started to tighten monetary policy by raising money market rates early last month. The Fed also sounded less hawkish in their last rate hike as they forecasted only three rate hikes this year and no Fed members agreed to hike rate four times.
Tuesday, March 28, 2017
US Dollar and Gold Dumb Market Myths About to Go Up in Smoke… / Currencies / US Dollar
By: Graham_Summers
Everywhere I look I see talk of a major $USD bull market being underway. I see this coming from CNBC as well as so-called “investment gurus.”
This is odd… because the $USD is DOWN against every major currency thus far in 2017.
I’m not making this up. The $USD is DOWN against the Yen, the Euro, the Swiss Franc, even the British pound.
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Monday, March 27, 2017
Top Ten US Dollar Risks / Currencies / US Dollar
By: Jim_Willie_CB
The USDollar has never been in greater danger for losing its dominant position as global reserve currency and payment standard. Challenges to its supremacy are many and with each passing month, more threats are put in place. While the volumes of trade payment in Chinese RMB grow slowly, and the banking reserves in non-USD bonds grow slowly, the risk for the USDollar to be marginalized has increased significantly in the last two to three years. Basically speaking, a fiat currency run by a corrupt, thieving, and dishonorable hegemonic regime for the sole purpose of exploiting the rest of the world cannot stand the test of time, and will be dismantled. The community of nations gathers momentum and organization with producing an alternative. It has taken time, and will require more time. The scenario is indeed possible of a dual universe has been raised, whereby the West continues under the USD-based system, and the East emerges under a new RMB-based system. However, the Eastern alternative is step by step to emerge with a gold foundation. The USDollar cannot compete with Gold in any way except through continued fraud, intimidation, extortion, and open war. All these topics at high level and ground level are covered with analysis in the Hat Trick Letter.
Monday, March 27, 2017
US Dollar Inflection Point / Currencies / US Dollar
By: SurfCity
This is the first of several updates this weekend and I thought I would start with the USD.
This update has four Charts on the USD starting with longer term charts and then moving in for a close up view on the current price action. My first chart is a long term 20 year weekly chart that shows the USD's breakout above the downtrend line from it's last top in 2001. This chart also shows the current uptrend channel out of the 2008 Low (Green and Orange lines).
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Tuesday, March 21, 2017
USD Decline Continues, Pull SPX Down as well? / Currencies / US Dollar
By: Anthony_Cherniawski
Good Morning!
USD futures are still on the move as the dollar declined to a low of 99.59 this morning. We are still looking for the expected master Cycle low, but it is late in coming.
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Monday, March 20, 2017
AUDUSD Elliott Wave View : 5 Waves Move / Currencies / Forex Trading
By: ElliottWave-Forecast
AUDUSD ended the correction in Intermediate wave (X) after reaching 0.7486 and then started rallying from there. With today’s new high the pair is showing 5 waves impulsive move from 03/09/2017 low and has already reached the minimum target area for Minutte wave (v) to end. The minimum target for Minutte wave (v) can be calculated as the inverse 1.236-1.618 Fibonacci extension of Minutte wave (iv) which comes at 0.7734 – .07753. Short term, an extension higher can’t be ruled out as there are still 2 other methods for calculating the 5th wave and one method of calculating (v) = (i) gives us a higher target around the equal legs area at 0.7765 – 0.7790.
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Sunday, March 19, 2017
Crypto Craziness: Bitcoin Plunges on Fork Concerns, Steem Skyrockets and Dash Surges Above $100 / Currencies / Bitcoin
By: Jeff_Berwick
The last month has not helped bitcoin’s reputation as being a volatile currency.
A month ago bitcoin was trading near $1,000. Two weeks later it sat on the cusp of $1,300. Then, after the SEC turned down a bitcoin ETF, it sank below $1,000 briefly a week ago.
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Thursday, March 16, 2017
It’s Time to Stop Putting a Patch on the Euro / Currencies / Euro
By: Rodney_Johnson
Andreas Georgiou can’t catch a break.The Greek statistician moved back to his home country in 2010, at age 50, to help right the financial ship. He left Washington, where he had spent 21 years working for the International Monetary Fund, to take over the agency that reports Greece’s financial health.
Part of the problem with Greece is that no one knows exactly how big their problems are, since the numbers weren’t exactly accurate.
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Wednesday, March 15, 2017
A Response to “Bitcoin Won’t Work When SHTF” / Currencies / Bitcoin
By: Jeff_Berwick
I’ve been commenting a lot on bitcoin lately as it has had an amazing and volatile week.
One thing that I keep noticing in the comments, though, is at least one or two people always chime in and say, “Bitcoin is screwed when SHTF”.
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