Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Saturday, April 10, 2021
The History of Bitcoin Hard Forks / Currencies / Bitcoin
By: Umer_Mahmood
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Friday, April 09, 2021
What Is Bitcoin Unlimited? / Currencies / Bitcoin
By: Umer_Mahmood
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Thursday, April 08, 2021
Stronger US Dollar Reacts To Global Market Concerns – Which ETFs Will Benefit? Part II / Currencies / US Dollar
By: Chris_Vermeulen
In this second part of our exploration of the recent US Dollar rally and what it may be reacting to in relation to the current US stock market highs and continued rally, we will explore some of the underlying factors that are translating into US Dollar strength while the US stock market continues to push higher.
In the first part of this research article, we highlighted the US Dollar reaction to the 2008-09 credit market crisis and how the US Dollar actually started to bottom/rally in early 2008 – just as the rollover top in the US stock markets continued to setup. The way the US Dollar reacts to stress factors in the global markets is to strengthen as a safe haven as capital is constantly seeking the best environment for investment and profits. When the markets enter a period of turmoil, the US Dollar typically begins to strengthen before the global markets really begin to react to the fear or turmoil.
The recent news of large financial institutions and hedge funds taking large losses and closing operations is somewhat similar to the Lehman event of 2008. These types of larger corporate debt collapses have wide-range global market effects. Sometimes, these events can ripple into other global corporations who engaged in this level of financing or credit functions. For example, Credit Suisse’s attempt to recoup potential losses from the Greensill collapse may be a very complicated and fruitless process according to a recent Wall Street Journal article.
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Thursday, April 08, 2021
Ladies and Gentlemen, Mr US Dollar is Back / Currencies / US Dollar
By: P_Radomski_CFA
Previously dismissed, the USDX may now be back with a vengeance. Sentiment is swinging away from shorts and there is an uncanny historical pattern.
With a potential bearish pattern already broken, the USDX is resuming its journey northward. And why is it geared to do well? Is it because the U.S. economy is ripping head? Definitely not - that’s not happening. It’s rather because other regions (think Europe and Japan) are doing even worse.
The dollar’s imminent rise doesn’t mean that gold can’t still experience some very short-term upswing, but for the medium-term, the precious metals continue to face bearish headwinds.
With the greenback laying back and enjoying a well-deserved Easter vacation, gold, silver and the gold miners avoided a dollar-drama for at least another day. However, with the USD Index working to regain its supremacy, along with investors’ respect, the ‘death of the dollar’ narrative has quietly dissipated from the investing zeitgeist.
Case in point: the USD Index has broken above its monthly declining resistance line and has already made four new highs since the New Year. More importantly though, because the precious metals have a strong negative correlation with the U.S. dollar, the upward momentum has coincided with an 8.78% drawdown of gold, a 6.18% drawdown of silver and a 6.41% drawdown of the GDX ETF.
Saturday, April 03, 2021
What can you buy with cryptocurrencies? / Currencies / BlockChain
By: Sumeet_Manhas
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Tuesday, March 30, 2021
An Ultimate Guide for Cryptocurrency Trading in Australia / Currencies / Bitcoin
By: Submissions
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Monday, March 29, 2021
4 Best Forex Broker Trading Platform Beginners Should Choose / Currencies / Forex Trading
By: Russell_Fenton
The forex market is the largest and hottest market right now as it is open 24 hours a day and five days a week. The way forex works is that you speculate whether one currency pair like EUR is going to go up or down against another currency pair like a US Dollar. However, forex trading gets more complicated once you get down to it. If you are new to the market, you have to keep a few things in mind to help you gain an edge.
On top of learning to trade against the best currency pairs, you must know how to choose from the best Forex brokers. In this article, I am going to highlight the four best forex brokers platforms for beginners so that you know where to start.
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Friday, March 26, 2021
How to Get Started Crypto Mining with Nicehash, Easy Mine Ethereum Desktop PC Step by Step Guide / Currencies / Crypto Mining
By: Nadeem_Walayat
Crypto mania is reaching new heights with the likes of Bitcoin trading and holding above $60,000 which means virtually anyone with a decent enough GPU in their PC can make money from their very own desktop computers. Here is my comprehensive guide of how anyone can get started crypto mining Ethereum in the background with their desktop PC. Where the likes of Nice Hake crypto mining is made EASY, and where you get paid in BITCOIN, and not useless obscure coins. do check out Nicehash to start crypto mining with your desktop PC.
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Wednesday, March 24, 2021
The Best Backdoor Bitcoin Play of 2021 / Currencies / Bitcoin
By: Submissions
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Wednesday, March 17, 2021
US Dollar Debasement Accelerates with Biden Bailout / Currencies / US Dollar
By: MoneyMetals
As Washington prepares to pump another $1.9 trillion in stimulus into the economy, asset prices are lifting. From food to housing to equities to precious metals, inflationary pressures are being felt in all markets this week.
Investors can thank politicians and their enablers at the Federal Reserve. On Thursday, President Joe Biden signed the massive $1.9 trillion coronavirus relief package into law.
Direct payments of $1,400 will soon be hitting Americans bank accounts. And hundreds of billions of dollars will be deployed to bail out state and local governments. Of course, funding for various other programs unrelated to COVID losses was inserted into the legislation as well. As well as a remarkable federal ban on states enacting net tax cuts.
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Wednesday, March 17, 2021
Bitcoin: Speculative Investment or Value Asset? / Currencies / Bitcoin
By: Boris_Dzhingarov
Bitcoin joined the trillion-dollar market club on February 19, 2021, as the price of the cryptocurrency crossed the $56,000 mark. The world’s most popular cryptocurrency soared 1,000% over the past year, after struggling to break out of the $15,000 level throughout 2019, and the better part of 2020.
The rising prices of bitcoins have launched several discussions regarding the efficacy and sustainability of cryptocurrencies and Bitcoins in particular, as the deregulated currency is associated with a copious number of risks. There are a number of bitcoin margin trading exchanges as well that are providing leverage to users given the rising popularity of digital currencies.
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Sunday, March 07, 2021
The Great Reset Is Coming for the Currency / Currencies / Fiat Currency
By: MoneyMetals
As the Great Reset proceeds from globalist think tanks and technology billionaires to allied media elites, governments, schools, and Woke corporations, what will be “reset” next?
Supporters of the World Economic Forum’s all-encompassing Great Reset agenda are eyeing BIG changes for the global monetary system.
Plans that might once have been dismissed as pure speculation or conspiracy theories are now being openly pushed by people who occupy the highest levels of power.
Thursday, March 04, 2021
How to Get RICH Crypto Mining Bitcoin, Ethereum With NiceHash / Currencies / Crypto Mining
By: N_Walayat
How get rich crypto mining with your desktop computer or laptop. Here's my step by step guide for first time beginners crypto mining with Nicehash, lets see how easy it is to get started and start making money crypto mining, how many bitcoins can I make with my old 4790k GTX 970 desktop as I await for my 5950x, RTX 3080 to get delivered.
Step1 Download the Nicehash mining software....
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Wednesday, March 03, 2021
New Global Reserve Currency? / Currencies / Fiat Currency
By: Raymond_Matison
Politicians and investors regularly claim that “this time it’s different”. But history shows us repeatedly that rarely things are truly or fundamentally different. The power of the Roman Empire two thousand years ago was established by military means. Over time, its government undermined that empire by continuing military campaigns and lavish spending. This ultimately required that their money, the silver Denarius coin, be diluted with other metals which brought its purchasing value down. This in turn reduced people’s trust in the empire’s money and eventually brought the empire into decline. Since then, this history has been repeated many times – only the name of the country and its currency have changed. It is a lesson which neither kings nor politicians have been willing or able to learn – to this day. And this time it is not different.
Starting in the 15th century, Portugal, geographically bounded by the Atlantic Ocean rapidly developed shipbuilding and maritime exploration. Discovering new lands (Brazil) and routes for the spice trade (India) and other commodities (Africa), and by expanding military incursions into Asia, their empire flourished as one of the world’s major economic, military, and political powers. When its king died in battle in Morocco, King Phillip of Spain seized the Portuguese crown, and Portugal was subject to military adventures from the Netherlands, France, and England – who were hostile competitors to Spain. Unable to protect its lands and vast global network of trading posts, its empire started a long and gradual decline.
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Wednesday, March 03, 2021
US Fed Grilled about Its Unsound Currency, Digital Currency Schemes / Currencies / BlockChain
By: MoneyMetals
As financial markets gyrated this week, Federal Reserve chairman Jerome Powell touted the U.S. dollar as a form of “sound money.” More on that incredible take in a moment.
But first, let’s review this week’s market action.
Inflation fears helped drive another spike in long-term bond yields, and by Thursday that began to spook Wall Street. The Treasury market is now off to one of its roughest starts to a year on record. As a result, calls are mounting for the Fed to up its bond purchases.
A steepening yield curve is helping to depress precious metals prices. Rising real interest rates tend to be negative for the gold market.
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Wednesday, March 03, 2021
How to Start Crypto Mining Bitcoins, Ethereum with Your Desktop PC, Laptop with NiceHash / Currencies / Crypto Mining
By: HGR
How get rich crypto mining with your desktop computer or laptop. Here's my step by step guide for first time beginners crypto mining with Nicehash, lets see how easy it is to get started and start making money crypto mining, how many bitcoins can I make with my old 4790k GTX 970 desktop as I await for my 5950x, RTX 3080 to get delivered.
Step1 Download the Nicehash mining software....
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Tuesday, March 02, 2021
Bitcoin: Let's Put 2 Heart-Pounding Price Drops into Perspective / Currencies / Bitcoin
By: EWI
Here's what our "preferred" Elliott wave count said on Feb. 5, 2021
When financial historians discuss past manias, many of them point to the South Sea Company of the early 1700s as a classic example.
The enthusiasm to buy a piece of the action was so great that even Sir Isaac Newton became in investor.
He, along with many others, eventually lost big time when the South Sea Company Bubble burst.
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Saturday, February 20, 2021
Technical Analysis of EUR/USD / Currencies / Euro
By: Submissions
The strength in US long-term yields is beginning to put downward pressure on the Euro as the dollar gains traction. The exchange rate is starting to edge through a critical support level, while the exchange rate is also oversold. Medium-term momentum remains negative, pointing to a lower exchange rate on the EUR/USD. The EUR/USD weekly forex trading chart shows that the currency pair topped out in January and appears to have broken through trend line support. The daily charts show a similar picture but also show that the exchange rate is oversold an might have moved too far too fast.
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Thursday, February 18, 2021
Crypto Mining Craze, How We Mined 6 Bitcoins with a PS4 Gaming Console / Currencies / Bitcoin
By: Eliza_Walayat
The worlds gone crypto currency mining MAD, with crypto miners buying up all of the expensive new graphics card to create huge multi GPU mining rigs given that the price of Bitcoin has shot to over $50,000! Even Elon Musk has bout $1.4 billion of bitcoins!
So everyone under the sun with a mining capable GPU, even laptops set their devices to mine crypto currencies.
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Wednesday, February 10, 2021
Ethereum Surges to Record High, As for Fundamental Causes... it's "Game" Over / Currencies / Ethereum
By: EWI
The GameStop fiasco did not spark Ether's rally; see the Elliott wave pattern that did.
Cryptocurrencies are well-known as hot-potato markets with volatile price swings. Most investors and traders see cryptos as "catch-and-release" - vs. - "buy-and-hold."
But this chart tells a somewhat different story. It not only shows that the #1 top performing cryptocurrency for 2020 and (so far) 2021 is #2 in line: Ethereum. But it also shows that, after trending sideways from August through October, ETH held and continued to hold the upside in a powerful rally to record highs on February 3.
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