Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Friday, June 28, 2019
Why Facebook May Pose a Greater Financial Danger Than Wall Street / Currencies / BlockChain
By: Ellen_Brown
Payments can happen cheaply and easily without banks or credit card companies, as has already been demonstrated—not in the United States but in China. Unlike in the U.S., where numerous firms feast on fees from handling and processing payments, in China most money flows through mobile phones nearly for free. In 2018 these cashless payments totaled a whopping $41.5 trillion; and 90% were through Alipay and WeChat Pay, a pair of digital ecosystems that blend social media, commerce and banking. According to a 2018 article in Bloomberg titled “Why China’s Payment Apps Give U.S. Bankers Nightmares”:
Read full article... Read full article...The nightmare for the U.S. financial industry is that a technology company—whether from China or a homegrown juggernaut such as Amazon.com Inc. or Facebook Inc.—replicates the success of Alipay and WeChat in America. The stakes are enormous, potentially carving away billions of dollars in annual revenue from major banks and other firms.
Wednesday, June 26, 2019
Bitcoin Is Going To Zero - Or $100,000 / Currencies / Bitcoin
By: Avi_Gilburt
If you have followed us since December 2018, then you know we were expecting a major bottom in the cryptocurrency market, and expecting 2019 to be very bullish. In February we wrote an article suggesting an imminent wave two bottom, which proved correct, holding support by $10 on some exchanges.
We suggested then that a third wave would commence, thrusting Bitcoin prices much higher. The only part we got wrong was that our targets were exceeded in the third wave. That happens in strong bull markets. So in May we updated our target for Bitcoin to exceed $10,000 before it completed this rally. But we were 100% right about a bullish 2019 so far.
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Tuesday, June 25, 2019
What Does Facebook’s LIBRA New Crytocurrency Really Offer? / Currencies / BlockChain
By: Rodney_Johnson
The dark days of 2009 now seem like forever ago.
We didn’t know which banks would survive. The Fed made all banks take bailout money so that citizens wouldn’t know which ones were in trouble and then drain them of deposits. The Fed made bank stocks ineligible for shorting so that investors wouldn’t drive their market caps to zero.
We worried that fiat currencies, those printed by governments and backed by nothing, would go to zero.
Monday, June 24, 2019
Facebook Win-Win with Libra… and The Third Market Wave / Currencies / BlockChain
By: Harry_Dent
If you don’t know by now that Facebook released its libra whitepaper on Tuesday, you’re living under a rock. What you may not know is that bitcoin shot up on the news. That’s because libra gives credibility to the cryptocurrency market, much like AOL did when it first brought email and the internet to the masses.
But that doesn’t mean it’s going to be all sunshine and flowers from here on out. Just like AOL, Facebook faces a storm of lash backs and push backs from across the board. Regulators. Governments. Central banks. Cryptocurrency players. Citizens concerned with Facebook’s growing involvement in every aspect of our lives.
Wednesday, June 19, 2019
US Dollar Rallies Off Support But Is This A Top Or Bottom? / Currencies / US Dollar
By: Chris_Vermeulen
The US dollar rallied nearly half a percent off recent support near $96.50. This upside price move confirms the capital shift we have been talking about. Foreign capital is pouring into US markets and US dollar as strength in the US economy continues to dominate.
This new upside move in the US dollar has established a new lower price channel that should continue to act as price support going forward. Fibonacci price structure dictates that a higher low and a higher high price rotation may follow. We would expect some resistance just below the $98 level and if the Fed lowers the rate the dollar will likely pullback and consolidate for a few weeks to digest the news, but investors will still see the USD as the strong currency and keep buying it longer term.
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Wednesday, June 19, 2019
Let’s Gain Even More on the Sliding Euro and British Pound / Currencies / Forex Trading
By: Nadia_Simmons
Yesterday, we’ve heard the ECB President speak and tomorrow, it’s the Fed’s turn. What about the time in between? Well, the markets still move and it’s our job to be positioned accordingly so as to profit from whatever is unfolding. And what kind of opportunities we’ve managed to catch! Good news, the ride is far from over. Let’s take a look at the way things are shaping up. We’ll then sharpen our battle plans accordingly. We even have a new candidate for opening a long position to tell you about!
Monday, June 17, 2019
King Dollar Rides Higher Creating Pressures On Foreign Economies / Currencies / US Dollar
By: Chris_Vermeulen
One of the biggest movers of the day on Friday was the US dollar. The US stock market appeared very weak prior to the opening bell and precious metals, especially gold, appeared to be rocketing higher. Almost right from the open, the markets washed out the fear and changed direction. The US dollar did the same thing.
This renewed strength in the US dollar continues to baffle foreign investors and foreign governments as they continue to try to support their economies and currencies against a stronger and more agile US economy and currency. Even as the US dollar strength is frustrating many investors, it is also attempting to keep a lid on traditional safe havens such as precious metals.
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Tuesday, June 11, 2019
How Forex Indicators are Getting Even More Attention in the Market? / Currencies / Forex Trading
By: Submissions
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Tuesday, June 04, 2019
New U.S. Sanctions Spark Blowback Against Federal Reserve Note Dollar System / Currencies / US Dollar
By: MoneyMetals
U.S. leaders are demanding the rest of the world recognize economic sanctions and stop buying Iranian oil. The U.K., Germany, France, Russia, China, and India are among the nations who don’t fully support the sanctions and would rather not pay higher prices for oil elsewhere.
American officials more and more often resort to delivering ultimatums, both to adversaries and allies alike. Nations that do not follow orders stand to lose access to the U.S. financial system and could face trade sanctions of their own. That is a serious threat.
Monday, May 27, 2019
Bitcoin Price Stalls Near $8100 / Currencies / Bitcoin
By: Chris_Vermeulen
After an incredible 7+week rally in Bitcoin, from $3700 to above $8000, the current price action is setting up for what may become an extended Pennant/Flag formation with quite a bit of sideways trading ahead.
Our researchers believe the past 7+ weeks rally in Bitcoin was prompted by a shift away from risk in Asia/China and into more suitable protection assets. Cryptos appear to be the easy choice for many as this rally coincided with the April 3rd through 6th US/China trade talks in Washington, DC (https://www.scmp.com/economy/china-economy/article/3004961/us-says-theres-still-significant-work-be-done-trade-talks). It appears that many investors were preparing for a difficult deadline after the March 1st deadline for a deal was pushed back. These early April trade talks may have been interpreted as a “do or die” effort from both sides. Again, shortly after the May 1st US/China trade talks in Beijing, Bitcoin began another rally from the $5200 level all the way up to the $8000 level.
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Thursday, May 23, 2019
Eye Opening Currency Charts – Why Precious Metals Are Falling / Currencies / Forex Trading
By: Chris_Vermeulen
The incredible strength of the US Dollar over the past 12+ months has put downward pricing pressure on Gold and Silver. I believe this downward pricing pressure could be muting any upside price advanced in Gold and Silver by as much as 20% to 30% or more.
The US Dollar has turned into the global “safe-haven” for international investors and foreign governments. Over the past 6 to 12 months, or more, the US Dollar has been the only fiat currency to see any strength and upward trend. All the other major global currency levels have fallen – some dramatically lower.
The EUR, GBP, AUD, CAD, and CHF have all fallen sharply over the past 6 to 12 months as the strength of the US Dollar and US Economy continued to surprise many. We’ve been calling this a “capital shift” that started back in 2015~2016 – when the 2016 US Election cycle began and China began to implement capital controls. At the same time, foreign nations such as Brazil and Venezuela began to shift into an economic abyss while the UK dealt with BREXIT negotiations. All of these external factors created an environment where the US Dollar became a global safe-haven for global investors – all of which were seeking US equities and US Dollars to hedge weakening foreign currencies and weak foreign stock market performance.
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Thursday, May 23, 2019
Elliott Wave Analysis of GBPUSD / Currencies / British Pound
By: WavePatternTraders
I suspect a relief bounce is close at hand for some of the GBP pairs, when we look at the decline from the May 2019 high, the new low on pairs such as GBPCHF and GBPCAD are supportive that the new low on GBPUSD is most likely the 5th wave of an impulse wave (5 wave decline) from 13176.A partial rally in 3 waves is favored soon, that can offer an opportunity for traders that are looking to sell GBPUSD, stops need to be placed at 13176. That is likely to align with a bounce on pairs like GBPCHF and GBPCAD etc.
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Thursday, May 23, 2019
Bitcoin's Strong Extensions Warn The Bear May Try To Come Back / Currencies / Bitcoin
By: Avi_Gilburt
In our last update, we stated that Bitcoin was providing us the minimum price patterns to suggest that a bull market was under way. Moreover, we were looking for a standard corrective pullback to solidify the bull market case.
But when the price action is too strong, it can flash warnings signals. This is clearly what we have seen over the last week or two. Price is always king, and we must not act emotionally as price barrels upward. We must continue to put price action to the test, as it is the only truth in the market.
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Thursday, May 23, 2019
The Euro Is Bidding Its Time: A Reversal at Hand? / Currencies / Euro
By: Nadia_Simmons
Relentlessly, the USD Index keeps pushing higher. The euro has come under pressure earlier today though it looks to have stabilized. How close are we to the euro flashing a buy signal and how strong would that have to be to make us act? Is it time to change sides and make another quick buck or two this way? And what about the rest of our profitable positions?
Friday, May 17, 2019
The Use of Technical Analysis for Forex Traders / Currencies / Forex Trading
By: Submissions
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Thursday, May 16, 2019
Learn to Protect your Forex Trading Capital / Currencies / Forex Trading
By: Boris_Dzhingarov
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Tuesday, May 14, 2019
As cryptocurrency wallets become more popular, will cryptocurrencies replace traditional payments? / Currencies / BlockChain
By: Umer_Mahmood
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Friday, May 10, 2019
Bitcoin Bull Market Is Back / Currencies / Bitcoin
By: Avi_Gilburt
I am hoping that the title to this article will mark the local top to the rally off the December 2018 lows in Bitcoin. (smile) But, that does not change our perspective that it is likely that Bitcoin has resumed its bull market run.
As we came into 2019, Ryan Wilday and I have been publishing articles about Bitcoin, with our ideal targets for the initial rally off its December 2018 lows pointing to the $6000-7000 region before a top forms. And, as we now find ourselves in our target region, we now can count the minimum number of waves in Bitcoin to mark a near term top. Therefore, as I write this article while Bitcoin is hovering around $6,050, we are still looking a bit higher in the near term, but with more caution than prior articles.
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Thursday, May 09, 2019
Bitcoin Setting Up For Another Drop / Currencies / Bitcoin
By: Chris_Vermeulen
Last year just days before the big Bitcoin breakdown we notified everyone publicly to get ready for a swift drop from $6000 to $4000 which played out perfectly within a few days. Our cycle system and technical analysis skills combined can pack a powerful punch and this one of those incredible moves where the stars aligned for us as traders.
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Friday, April 26, 2019
The Euro Is Down. But Is It Really Out? / Currencies / Euro
By: Nadia_Simmons
We’ve seen quite decent currency moves in recent days. And the market ain’t exactly sleepy today, either. Let’s put these moves into the picture. The implications lead us to make serious decisions. Is there a more pleasant sound than ringing a cashier’s bell? Ringing YOUR cashier’s bell, that is. Just see what we’ve exactly decided to do right now.
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