Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Monday, April 18, 2022
Wall Street’s “green light” to get into Crypto / Currencies / cryptocurrency
By: Stephen_McBride
Won’t governments just ban crypto?It’s one of the most common questions folks ask me.
“Regulation” has been a bogeyman for the space since bitcoin (BTC) burst onto the scene 13 years ago.
Folks have long speculated new rules will crush crypto markets.
I couldn’t disagree more.
Regulation won’t kill crypto. Instead, it will lead to much higher crypto prices, as I’ll show you today.
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Sunday, April 10, 2022
Not About Gold – All About The US Dollar / Currencies / US Dollar
By: Kelsey_Williams
IT’S NOT ABOUT GOLD
There is a lot of talk centering on the US dollar and its “ultimate end as the world’s reserve currency”.
There is also additional talk about what this means with respect to the price of gold, but that is just talk.
The price of gold tells us nothing about gold. The only thing a continually rising gold price tells us is that the US dollar continues to lose purchasing power. (see What’s Next For Gold Is Always About The US Dollar)
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Saturday, April 09, 2022
What to Make of the Bullish Resilience of Bitcoin / Currencies / Bitcoin
By: EWI
"A corrective pattern is countertrend to the larger trend in force"
Every time an obituary is written for Bitcoin, the granddaddy of cryptocurrencies manages to resurrect.
As a Jan. 25 CNBC headline noted:
Investors fear 'crypto winter' is coming as bitcoin falls 50% from record highs
The day before that headline published, Bitcoin had briefly dipped below $33,000, far below its November high of nearly $69,000. At that time, the entire crypto market had shed roughly $1 trillion in value since that all-time high in Bitcoin. Also around that time, Russia's central bank had proposed banning the use of cryptocurrencies.
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Thursday, April 07, 2022
U.S. Dollar (USD) Is On Our Radar! / Currencies / US Dollar
By: Chris_Vermeulen
Since the USD plays such a strong role in global economics, we thought it appropriate to see how the USD performance is vs. other currencies and investments.
For the U.S. consumer, a strong USD means U.S. goods are more expensive in foreign markets. For U.S. companies that buy or sell products/services globally, a strong USD means they are less competitive. A strong dollar is a significant headwind that erodes the profits of U.S. multinationals.
Since we trade and invest in ETFs, it is especially interesting to see how the USD has been trading in 2022 compared to Gold (GLD), the S&P 500 (SPY), and the Nasdaq 100 (QQQ). Gold is the top performer, followed by the Australian dollar (AUD) and the U.S. dollar (DXY). We can also see on the following chart the recent recovery rally in both the SPY and QQQ. Amazingly the QQQ has recovered half of its 2022 loss in just the last few weeks.
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Wednesday, March 16, 2022
Bitcoin Jumps 9%: Is This Executive Order the Reason? / Currencies / Bitcoin
By: EWI
Here's what our "wave model" suggested for Bitcoin before the rally
Bitcoin and other cryptocurrencies surged higher on March 9.
CNBC provided this explanation (March 9):
Bitcoin and other cryptocurrencies were higher on [March 9] after President Joe Biden announced his highly anticipated executive order on digital assets that appeared to take a supportive stance toward the industry.
The basic message of the executive order focuses on development of the crypto market as opposed to unrealistic regulations.
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Wednesday, March 09, 2022
Are We Nearing the Final Days of the US Dollar? / Currencies / US Dollar
By: MoneyMetals
The dishonest fiat Federal Reserve Note “dollar” is slowly dying and will eventually need to be replaced with something more trustworthy.Perhaps it will be presented to Americans as a series of dramatic monetary reforms. Maybe people will be using something else entirely as money.
Either way, the destruction of the U.S. dollar as the world’s reserve currency promises to be a defining moment in the nation’s history and this moment may be growing nigh.
Should historians write a timeline of the dollar’s decline and fall, certain events must be included.
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Monday, February 28, 2022
IronFX Review 2022: How can I withdraw my profits? / Currencies / Forex Trading
By: Submissions
Here is the review of a forex brokerage firm IronFX. In this review, we will cover the most common queries from the people and try our best to provide you the genuine information about this broker.
Before choosing a broker, a client or a trader struggling to find the answer to multiple questions like Is the broker a scam or not? What is the trading fee or commission charged by the broker? Is the broker capable of providing trading opportunities in various asset classes like crypto and commodities?
You will get answers to all these questions in this article, and by the end, you can easily decide whether you choose the broker IronFX or not?
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Monday, February 07, 2022
Why the Federal Reserve Note’s Decline Is FAR Worse Than Reported / Currencies / US Dollar
By: MoneyMetals
Americans are waking up to some uncomfortable truths. One of these is the fact that government bureaucrats and the corporate media regularly lie about what is going on in the world.
They tell us the Federal Reserve Note “dollar” is strong and price inflation is completely under control. (We use quote marks because a true dollar is 24.057 grams of silver, whereas the Federal Reserve Note is a form of counterfeit.)
Millions of Americans now notice rapid price inflation and a good portion of them are pouring into physical bullion.
To illustrate just how much nonsense is baked into official inflation data, we are presenting three charts...
Thursday, January 27, 2022
The “play-to-earn” trend taking the crypto world by storm / Currencies / cryptocurrency
By: Submissions
By Justin Spittler: Something incredible happened last year in the Philippines.
Everyday people were making up to $3,500/month… from playing a video game.
That might not sound like a lot of money to you and me. But you should understand something.
The typical Filipino makes around $878 per month.
And these people making thousands of dollars a month aren’t professional gamers. They’re not part of an esports team. And they don’t receive money from sponsors.
They’re simply playing Axie Infinity.
Monday, January 17, 2022
THE NEXT BITCOIN / Currencies / cryptocurrency
By: Raymond_Matison
Most people, when thinking or talking about bitcoin, see it as a constant non-changing, immutable coin. However, the fact is that ever since the initial introduction of the original Bitcoin platform in 2009, there has been a near constant flow of imitators, look-alikes, and attempted improvements – in other words a “next bitcoin”.
Because Bitcoin’s programing code is public and available free to anyone desiring to download, use, or alter it to create a new version, the first bitcoin contender appeared not long after bitcoin itself was launched. Hence, several Bitcoin “forks” have been created – which were attempts to create a new and “improved” bitcoin, while also continuing to maintain the original version.
A new platform is only as effective and valuable as the size of its user community. When a Bitcoin fork is effected, a more modest size of a split user community will have its use languish, and value of its token proscribed, regardless that it may have improved functionality in terms of speed of transactions, finality, security, or cost.
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Sunday, January 16, 2022
The US Dollar Had a Slip-Up, but Gold Turned a Blind Eye to It / Currencies / US Dollar
By: P_Radomski_CFA
“It’s my party and I’ll fall if I want to”, sang gold and kept its word. Although the dollar weakened, gold seemed reluctant to take advantage of it.
Now that was a big decline in the USD Index! What made gold yawn and why is it declining today? Because it doesn’t want to rally.
I’ve been writing this over and over again, and yet I’ll write it once more. Markets don’t move in a straight line up or down, and periodic corrections are natural. However, the way markets interact during those corrections tells us a lot about what’s likely to take place next, at least in the case of some markets.
Thursday, December 30, 2021
My Most surprising Crypto call to date / Currencies / cryptocurrency
By: Stephen_McBride
Crypto stood before Congress two weeks ago…The CEOs of six crypto businesses testified in a highly anticipated session in Washington, DC.
Republicans and Democrats grilled them on blockchain technology, digital dollars, and regulation.
But one thing really stood out to me while listening to the hearing.
It lasted almost five hours, and guess what was hardly mentioned?
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Monday, December 27, 2021
Crypto's, Bitcoin on Cusp of BreakOut Trend Trigger to All Time Highs, BTC $100k Alt Coins Higher / Currencies / Bitcoin
By: Nadeem_Walayat
The crypto markets from Ethereum to Cardano to Polka dot right down to Ravencoin are at the cusps of breaking a significant trend triggers that would set them on course to new all time highs, of course led by the number 1 crypto that they are all leveraged to BITCOIN! How high could BTC go ? $100k all within a couple of months with far higher targets for the alt-coins. Find out why in my latest crypto video posted BEFORE the breakout moves take place..
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Wednesday, December 22, 2021
Euro: Look at This Head & Shoulders Chart Formation / Currencies / Euro
By: EWI
Learn about the "head and shoulders" measuring formula
You are probably familiar with the classic "head and shoulders" chart pattern.
But, in case you need a refresher, here's a brief description of a head and shoulders top:
The high of an initial upward move is the left shoulder. After a decline, another upward move takes prices to a higher high, or the head. A second decline follows the head. A third rally then takes prices to a peak below the high of the head, and becomes the right shoulder. The left and right shoulders are often similar in duration and extent. A trendline connecting the two lows is called the neckline. When prices penetrate the neckline, a change of trend is believed to have occurred.
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Saturday, December 11, 2021
Has Bitcoin Crypto Mania Finally Run Its Course? / Currencies / cryptocurrency
By: EWI
Here's a high-profile parallel between tech- and crypto-mania
When a company that's part of a major financial trend buys the naming rights to a professional sports stadium or arena, watch out!
History suggests that such a prominent move might be a sign that the fortunes of that company are about to dramatically change.
For instance, back in 1999-2000, technology shares were all the rage and one of the "highest of the dot-com high flyers," as the Wall Street Journal put it, was CMGI. It was the best performing U.S. stock from 1995 to 1999.
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Wednesday, December 08, 2021
US Dollar Still Has the Green Light / Currencies / US Dollar
By: P_Radomski_CFA
The dollar looks poised for another rally, to gold’s dismay. So, what’s the price target for the greenback over the winter months?
While the consensus across the financial markets (especially at the beginning of the year) was that the U.S. dollar was destined for devaluation, I warned that the greenback would rise from the ashes. And with gold, silver, and mining stocks often moving inversely to the U.S. dollar, the latter’s ascent helped make the precious metals one of the worst-performing asset classes in 2021.
Moreover, after more dollar doubters emerged in October – and the precious metals rallied hard – the USD Index eventually cut through 94, 95, and then 96 like a knife through butter. And with the precious metals reversing sharply once again, I expect another rally to push the USD Index to ~98 over the medium term. Perhaps quite soon. And the implications for the precious metals sector, are bearish.
Sunday, December 05, 2021
Bitcoin FLASH CRASH! Cryptos Blood Bath as Exchanges Run Stops, An Early Christmas Present for Some? / Currencies / cryptocurrency
By: Nadeem_Walayat
Bitcoin FLASH Crash of Saturday 4th December delivered me and likely many crypto investors an early Christmas present by triggering most of my buy limit orders. In this video I explain why it happened, and what to do do to profit from future Flash crashes that WILL happen! As well as how to protect yourselves from the wild, wild west crypto exchanges where literally anything goes!
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Friday, December 03, 2021
Bitcoin Price TRIGGER for Accumulating Into Alt Coins for 2022 Price Explosion - Part 2 / Currencies / cryptocurrency
By: Nadeem_Walayat
Dear Reader
This is Part 2 of 2 of my extensive analysis that maps out the potential trend trajectgory for some of the most manipulated markets on the planet, the CRYPTO ALT COIN MARKETs
So do check out the recently posted part 1 first if you have not already done so - Bitcoin Price TRIGGER for Accumulating Into Alt Coins for 2022 Price Explosion
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Tuesday, November 30, 2021
Bitcoin Price TRIGGER for Accumulating Into Alt Coins for 2022 Price Explosion / Currencies / cryptocurrency
By: Nadeem_Walayat
Dear Reader
Firstly, crypto's are VERY HIGH RISK, the crypto bugs constantly talk about how manipulated fiat, stocks and precious metals are hence they seek their financial freedom in decentralised crypto currencies. However in my opinion crypto currencies are probably the most manipulated markets of the lot where huge amounts of coins reside in whale wallets that could be dumped onto the markets at any time. Then there are the inflation rates, crypto coin printing on an epic scale that would even make the Fed's Powell blush where comparatively low prices against all time highs can easily fool unsuspecting crypto investors into buying garbage with masked inflation rates in excess of over 100% that thus can not sustain bull runs to capitalise on until the inflation rates moderate to under 10%, such as that of Filecoin where given the plethora of pump content out there one is hard pressed to determine the true inflation rate that apparently is currently running at 160% against that of say Bitcoin's inflation rate of about 1.6%.
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Tuesday, November 30, 2021
Crypto Market Analysis: What Trading Will Look Like in 2022 for Novice and Veteran Traders? / Currencies / cryptocurrency
By: Submissions
Cryptocurrency in all of its complexity and ambiguity has seen yet another successful year.
Following the several peaks the crypto market has undergone in 2021, with May presenting itself to be the most volatile out of all. Novice and veteran traders have gone to extreme lengths to cash in on the craze, as U.S. investors made more than $4 billion from Bitcoin (BTC) in 2020.
Crypto is looking more and more as the digital currency of tomorrow with more than 6,000 cryptocurrencies already accessible on the market. While many raise scepticism concerning the volatility of cryptocurrencies, the market size has surged on numerous occasions and we can expect an even more exciting year ahead.
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