Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Friday, April 27, 2018
Currency Wars: The Race to the Bottom has Begun / Currencies / Currency War
By: Richard_Mills
As a general rule, the most successful man in life is the man who has the best information.
If trade wars and actual shooting wars (Syria, Yemen) weren't enough for the world economy to worry about, pressuring stock markets and threatening to derail robust global economic growth, there is another elephant in the room looking to stomp on traders, investors and everyday consumers, and that is a currency war.
What is a currency war?
A currency war is what happens when countries intentionally devalue their currencies through their central banks. Increasing the money supply lowers interest rates and the value of the currency, thereby depressing the exchange rate. The best example of this type of expansionary monetary policy is that of the United States Federal Reserve. The Fed buys Treasury notes from its member banks, giving them more money to lend. To do this, the Fed must print more US dollars. The idea is to stimulate demand by reducing lending rates and therefore entice businesses and individuals to borrow and spend more money. Until last September, when the Fed wound up its last round of quantitative easing, this policy led to rock-bottom interest rates and has been behind the record-setting highs hit on US stock markets. Low interest rates mean companies can borrow, expand and grow, thus boosting profits and share prices.
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Friday, April 27, 2018
Blockchain Thrives in Online Gambling / Currencies / Bitcoin
By: Boris_Dzhingarov
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Tuesday, April 24, 2018
CRYPTOCURRENCY MASTERCLASS #CRY90 / Currencies / BlockChain
By: TheDailyReckoning
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Tuesday, April 24, 2018
Digital Currencies Are Reshaping Forex Markets / Currencies / BlockChain
By: Submissions
Peter Lloyd writes: For many traders and investors, the forex market has always been a shining example of what a financial exchange should be: a truly global, highly liquid and decentralized platform where the diversity of participants ranges from sovereign central banks to institutional investors and from investment banking firms to day traders.
It so happens that this view of an ideal market is being augmented by the growing interest in cryptocurrency exchange platforms, which more closely resemble a "perfect market."
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Friday, April 20, 2018
What’s Bitcoin Really Worth? / Currencies / Bitcoin
By: Mike_McAra
What’s Bitcoin really worth? This question might really drive you mad if you think hard enough about it. $0? $10? Maybe $1,000,000 for one coin? The range of the numbers can make your head spin but it is the explanation behind the number that matters. For the most part, investors don’t have a good reason why Bitcoin is worth this or that, apart from claims that “it will take over the world” and so on. This hasn’t stopped people from trying, though. Is it even important for short-term traders? Can it boost profits on our hypothetical positions?
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Thursday, April 19, 2018
Bitcoin Hater George Soros Finally Admits He Wants In On Crypto / Currencies / Bitcoin
By: Jeff_Berwick
America’s favorite power broker, the evil bloated Ringwraith himself, George Soros, is now poised to invest in cryptocurrency, despite trashing Bitcoin just a few months ago.
In addition to calling Bitcoin a “bubble”, Soros ironically stated that digital currencies are a tool for dictators:
Read full article... Read full article...As long as you have dictatorships on the rise, you will have a different ending, because the rulers in those countries will turn to Bitcoin to build a nest egg abroad.
Monday, April 16, 2018
Will Bitcoin Ever Recover? / Currencies / Bitcoin
By: Submissions
With a value of $137 billion, Bitcoin remains the largest cryptocurrency on the market. When it performs well, the others follow suit and when it drops so do they. The road has been a rough one for the currency in recent times reaching ultimate highs and all-time lows. But, will Bitcoin ever recover?
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Friday, April 13, 2018
If Inflation is Just 2%-3%, Why is the US Dollar Dropping Like a Brick? / Currencies / US Dollar
By: Graham_Summers
The financial world is finally waking up to the fact that inflation is in fact MUCH higher than previously believed.
As we noted yesterday, the official measure of inflation, the CPI, is now clocking in at 2.4%, well above the Fed’s so-called target of 2%.
This is really, REALLY bad news because the CPI is actually massaged to make inflation look LOWER than it really is.
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Wednesday, April 11, 2018
The Petroyuan Shift: The Eclipse of the Petrodollar Monopoly / Currencies / China Currency Yuan
By: Dan_Steinbock
As oil can now be traded with RMB-denominated contracts, the rise of the petroyuan will accelerate the internationalization of the Chinese currency as investors begin to increase their allocations into Chinese financial assets.In late March, as international media focused on Trump’s tariffs and the prospects of a trade war, renminbi-denominated oil contracts began trading in the Shanghai International Energy Exchange (INE), for the first time. That will foster the rise of petroyuan, which may cause a dramatic shift in global asset allocations as institutional investors begin to diversify into China’s onshore bond markets.
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Sunday, April 08, 2018
US Dollar Index Analysis / Currencies / US Dollar
By: Austin_Galt
Pattern – price looks to be in a consolidating the downtrend. Once this consolidation is over, which I believe is imminent, the downtrend should resume and see price crack to new lows.Bollinger Bands – these bands clearly show the sideways action in play currently. Price looks like it has just turned down failing to reach the upper band. The lower band has already been hit three times during this consolidation phase and the fourth attempt is usually successful at breaking through.
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Saturday, April 07, 2018
U.S. Dollar: Why It Pays to Use the Elliott Wave Model / Currencies / US Dollar
By: EWI
See the signs that could’ve helped you nail two junctures in the greenback's trend
The legendary football coach Vince Lombardi believed that a winning team is built on mastering the game's basics -- so much so that at the start of the season he would "remind" veteran players, "Gentlemen, this is a football."
Lombardi would even take them out to the field, discuss the boundaries and remind the players that the goal is to get the football into the end zone.
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Friday, April 06, 2018
Bitcoin Not Quite Worthless, Potentially Profitable / Currencies / Bitcoin
By: Mike_McAra
Is Bitcoin worthless? Depreciation brings such questions as it has in the past. Bitcoin traders might be worried by such statements. But should they be anxious? In the whirlwind of opinions, we can find a theme which might allow profits on our hypothetical positions to grow even further.
The fact that Bitcoin is going down prompts all sort of analyses to come out. No big surprise that some of them are pretty bearish. In a piece on CNBC, we read:
Bitcoin is likely to fare worse than other assets in the coming months because it has no fundamental worth, an investment research firm said in a note Thursday.
London-based Capital Economics explained that the cryptocurrency has been quite closely correlated to the S&P 500 since the price started to fall from its record high at the end of last year.
Friday, April 06, 2018
How I Learned Cryptos and Became the Ethereum Whisperer / Currencies / BlockChain
By: Avi_Gilburt
Ryan Wilday : While we still await the crypto bottom, I want to start this week's article off with a personal narrative. I owe my current working life to ethereum.
In 2016, I was a practicing design strategist for Samsung while trading as a hobby. In fact, I had already been trading for two decades when I decided to continue my study of the market by learning Elliott Wave Theory as a member of elliottwavetrader.net. Soon after that, I started using my new knowledge with ethereum (ETHUSD), then a new coin.
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Thursday, April 05, 2018
USD/CAD – Happy and Profitable Bears, EUR/USD – Breakdowns and Their Implications / Currencies / Forex Trading
By: Nadia_Simmons
Yesterday, the U.S. dollar moved sharply lower against its Canadian counterpart, which took the exchange rate to our next downside target. Thanks to the seller’s attack, we noticed a potential pro-bearish formation on the horizon, which can make positions even more profitable…
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Wednesday, April 04, 2018
Is Bitcoin a Substitute for Gold? / Currencies / Bitcoin
By: Arkadiusz_Sieron
John Maynard Keynes once famously called gold the “barbarous relic”. The emergence of the cryptocurrencies seems to validate that thesis. Will gold survive in the digital era?
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Wednesday, April 04, 2018
Is Investing in Cryptocurrency a Good Idea for Your Business? / Currencies / BlockChain
By: Boris_Dzhingarov
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Tuesday, April 03, 2018
China Moves to Neuter King Dollar in International Trade / Currencies / US Dollar
By: MoneyMetals
Last Monday, the Shanghai International Energy Exchange launched the first futures contract for crude oil priced in Chinese yuan. It’s a major step forward in the process of international de-dollarization. Now Chinese and other international traders can buy and sell the world’s most important commodity in a liquid market without using U.S. dollars.
The “petro dollar” now faces the prospect of being rendered unnecessary as China – the world’s biggest oil importer – attempts to establish a “petro yuan.”
Sunday, April 01, 2018
AUDUSD Currency Trend Analysis / Currencies / Austrailia
By: Austin_Galt
Latest Price – 76.82c
Pattern - recent high made a double top which rarely end trends. So, expect a move above that level.
Fibonacci – price down to 76.4% retracement level and the 88.6% angle, a very nice setup for a corrective low if that is to be the case.
RSI – triple bullish divergence in place at recent low. Nice.
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Thursday, March 29, 2018
Cryptocurrency: Money or Asset? / Currencies / BlockChain
By: EconMatters
Some of the hypes and speculations surrounding bitcoin and cryptocurrency is that central banks may create their own digital currencies thus replacing fiat money altogether. A G20 draft communiqué already states cryptocurrencies “lack the traits of sovereign currencies” and seeks cryptocurrency regulation recommendations by July 2018. The Bank of International Settlements (BIS) also published a report last month entitled “Money in the digital age: what role for central banks?” stating:
“… while cryptocurrencies may pretend to be currencies, they fail the basic textbook definitions. Most would agree that they do not function as a unit of account. Their volatile valuations make them unsafe to rely on as a common means of payment and a stable store of value.”Read full article... Read full article...
Wednesday, March 28, 2018
Bitcoin Elliott Wave Analysis Looking for Short Term Recovery / Currencies / Bitcoin
By: ElliottWave-Forecast
Bitcoin Elliott Wave Analysis in the short term is showing an interesting corrective structure suggesting a recover to take place after it finishes the current move.
The digital instrument is correcting the cycle from 03/18 low in 3 waves as a Zigzag structure which reached the 100% – 161.8% Fibonacci extension area $8093 – $7520 from where it’s expected to resume a new cycle to the upside or at least bounce in 3 waves as long as it remain above $7320 low.
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