Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Monday, November 06, 2017
The US Dollar Reports of its death have been greatly exaggerated / Currencies / US Dollar
By: Plunger
In deference to Mark Twain, I will review the USD, general stock market, precious metals, the electric metals and various other topics. In the past two weeks Rambus has been so prolific with such high impact charts that I find it a challenge to offer value added material so I offer charts with some different perspectives.
USD-No I Am NOT Dead Yet!
Currencies tend to be a very emotional subject. I try to be objective when analyzing them, sticking to the language of the market and it’s message. It is always important to guard against the gold bug narrative, it can even influence our views of currencies. Demanding posts insisting the USD is toast and immediately headed towards history’s ash heap seem closely related to this gold bug narrative. The USD has spent the first 8 months of 2017 in a well defined downtrend, however it does not appear to be in a death spiral. Actually the shouting and insistence that it must continue down has been a fairly predictable sign that its move downward was reaching its limit. The dollar may have now completed a base and is set to continue its move higher. This is not dogma as it could reverse downward, but for now it’s making all the right moves if the trend is higher.
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Monday, November 06, 2017
USDCNH Is Forming A Triangle Pattern On 4-Hour Chart / Currencies / China Currency Yuan
By: Franco_Shao
The USDCNH pair seems to be forming a triangle pattern on its 4-hour chart. The price broke above a falling trend line last Friday, indicating that the short term downtrend from 6.6635 had completed at 6.5840 already.
Monday, November 06, 2017
Secure your money with the most reliable forex brokers / Currencies / Forex Trading
By: Kavinesh_A
Looking for a second income?
In this current volatile global economic scenario job security is very low as companies from various industries tend to fire employees on a regular basis. Technological advancements made across the world and their implementation in various sectors has reduced dependence on human intelligence and labour. Machine and robots have replaced humans in various sectors taking over the repetitive tasks. So, despite the increasing world population, the job market is shrinking at an alarming rate. Each and every one should have a backup plan or a second income source to support our expenses. With the widespread availability of internet across the world, you can get various options to make some money online. Trading in the stock exchange or foreign exchange market is one of the most popular methods to make some quick money with a little investment. If this option suits you, this article can guide you through the basics about a valiutų brokeris. Choose the best broker and start trading now to earn huge returns within a short time.
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Sunday, November 05, 2017
Using Hard Wallets To Secure Your Bitcoin & Cryptos / Currencies / Bitcoin
By: Jeff_Berwick
Joseph Wang of Cryptohwwallet.com and I had a chance to have a great interview while the two of us were at the Texas Bitcoin Conference in Austin.
After losing around 6 bitcoins in Joseph’s early experience, he decided to take a closer look at hardware - cold storage wallets. From there, he got involved with selling them.
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Saturday, November 04, 2017
Bitcoin Blasts Through $7,000… Are We Glitching The Matrix? / Currencies / Bitcoin
By: Jeff_Berwick
As a cryptocurrency HODLer, these are good times.
I take a flight, arrive, and my bitcoin holdings have soared. I go to sleep, wake up, bitcoin is up.
As I write, from here in Lisbon, Portugal, for Steemfest bitcoin is over $7,300.
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Friday, November 03, 2017
GBP/USD – Currency Bulls vs. mid-October Highs / Currencies / British Pound
By: Nadia_Simmons
Although GBP/USD increased a bit recently, the resistance area created by the mid-October highs continues to keep gains in check. What’s next for the exchange rate?
Thursday, November 02, 2017
NZDUSD Failed To Break Below 0.6817 Support / Currencies / Forex Trading
By: Franco_Shao
The NZDUSD pair failed in its attempt to break below 0.6817 support and bounced off to 0.6940 area, suggesting that consolidation for the downtrend from 0.7557 is needed. Further rally would likely be seen in the coming days and next target would be at 0.7000 area.
Thursday, November 02, 2017
Do Fundamentals Drive Bitcoin? Are You Kidding Me? / Currencies / Bitcoin
By: Avi_Gilburt
Is Bitcoin worth over $6600? Well, that is the price traders are bidding for it when this article was written.
Every MBA student is taught many means of evaluating or valuing securities. Discounted cash-flow and Capital Asset Pricing Models are a couple of valuation methods. Moreover, fundamental oriented stock traders tend to use ratios like Price to Sales, Price to Earnings or Price to Book to value stocks.
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Thursday, November 02, 2017
Formidable Fort of Forex / Currencies / Forex Trading
By: Kavinesh_A
Trading has increased enormously over the years and has been impacting the markets in a very commendable manner. The importance of money markets, the economic awareness of the trader, the finances. Which are to be carefully worked out and many more aspects which have to be sorted every time the come on to the table which need to be addressed. So trading isn't any child's play and is quite demanding at times which make the crux of important decision making as well which just not relies on one or two aspects but on a very wide aspect as well pertaining to the subject such as the role of foreign exchange markets as well on it.
Wednesday, November 01, 2017
USDCNH Broke Below Price Channel Support / Currencies / Forex Trading
By: Franco_Shao
USDCNH recently broke below the bullish price channel on the 4-hour chart, suggesting that the short term uptrend from 6.5555 had completed at 6.6635 already. Further decline would likely be seen over the next several days.
Wednesday, November 01, 2017
AUD/USD – Currency Bears Meet Important Supports / Currencies / Forex Trading
By: Nadia_Simmons
On Friday, the Australian dollar declined against the greenback, which resulted in a decline to important support levels. Will they withstand the selling pressure in the coming week?
Wednesday, November 01, 2017
EURJPY Formed A Double Top Pattern On 4-hour Chart / Currencies / Euro
By: Franco_Shao
EURJPY moved below a major bullish trend line from 122.40 to 127.56 on its daily chart, suggesting that the upside movement from 114.85 had completed at 134.49 already. Further decline would likely be seen in the coming days.
Tuesday, October 31, 2017
US Dollar Breaks Out / Currencies / US Dollar
By: The_Gold_Report
Technical analyst Clive Maund discusses the outlook for the dollar, euro and precious metals sector after the predicted major dollar breakout occurs. Yesterday saw one of our most important predictions become reality—the dollar broke decisively out of its Head-and-Shoulders bottom. We can clearly see this breakout on the latest 6-month chart for the U.S. dollar index shown below. Fundamental reasons for this are believed to include the current (weak) trend to higher rates in the U.S., and perhaps more importantly, the euro starting to unravel if Catalonia succeeds in its push for independence from Spain. Whatever, this chart says the dollar index is going to advance to our target in the 97 area.
Tuesday, October 31, 2017
Bitcoin and Cryptocurrencies Rocket To New All-Time Highs as Peter Thiel Warns Not To Underestimate Bitcoin / Currencies / Bitcoin
By: Jeff_Berwick
Cryptocurrencies as a sector surpassed their all-time high hitting a high of $180.6 billion.
Tuesday, October 31, 2017
British Pound Could See Declines / Currencies / British Pound
By: Richard_Cox
Market activity in the GBP/USD has shown some interesting trends over the last several quarters and now that the Bank of England has delivered on its expected rate increase it remains to be seen if these moves can still continue. In most cases, when a central bank decides to raise their lending rates markets will experience an upward surge in the trading value of that currency. But while we have seen some bullish activity in the British Pound, there is scope for further downside if broader financial volatility increases next week.
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Sunday, October 29, 2017
Learn Why Axel Merk Sees Problems Ahead for the US Dollar… / Currencies / US Dollar
By: MoneyMetals
Mike Gleason: It is my privilege now to welcome in Axel Merk, president and chief investment officer of Mark Investments, and author of the book Sustainable Wealth. Axel is a highly sought-after guest at financial conferences and on new outlets throughout the world, and it's great to have him on with us again. Axel, thanks for joining us today.
Axel Merk: Good to be with you.
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Sunday, October 29, 2017
Basics about forex trade and the foreign exchange market / Currencies / Forex Trading
By: Kavinesh_A
What is Forex Market?
The foreign exchange market is a vast marketplace where currencies are traded. Currencies and exchanging them with another currency hold prime importance around the world. Be it for travel, education, business or any other purpose, we need to relocate to a different country and need to exchange our currencies to the equivalent amount of local currency. As for example, if you are French on a tour to India, you can’t pay for food or conveyance in euros as they are not accepted. You need to seek help from a broker or an agent who exchanges your euros to the equivalent amount of Indian rupee that you can spend. The same theory is applicable all across the world. So, there are firms who provide a platform to the traders to buy or sell foreign currencies at the current exchange rates. This is where Forex tirdzniecība comes into existence.
Saturday, October 28, 2017
How to choose the most reliable forex broker? / Currencies / Forex Trading
By: Kavinesh_A
Who is a forex broker?
A forex broker or a foreign exchange broker is a firm that provides a platform to the traders to buy or sell foreign currencies. The forex broker is not an individual person but an organization backed by banks, financial institutions, hedge funds, investment management firms etc. Their functions are regulated by the central banks or other regulatory authorities to allow traders trade in the forex market. The forex market is a huge market that is not dominated by any single authority but links a huge network of exchanges and brokers in the global platform. The foreign exchange market is the largest financial market that witnesses a huge amount of transactions every day. Traders from across the world participate in the forex market to earn huge money while selling or buying currencies.
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Friday, October 27, 2017
Bitcoin Might Test All-time High / Currencies / Bitcoin
By: Mike_McAra
Is Bitcoin in bubble territory? Certainly, the price pattern this year looks like an exponential one, at least locally, but there are also opposing views. In an article on CNBC, we read:
[William] Bernstein is a neurologist who began writing about investing in the 1990s, soon becoming a best-selling author and drawing the admiration of legends such as Vanguard's Jack Bogle for his clear and rational analysis. He is best known for books such as "The Intelligent Asset Allocator" and "The Four Pillars of Investing" that show independent investors how to manage their money for the long term. He is currently retired as a doctor, but co-principal at Efficient Frontier Advisors, a money management firm for the very wealthy.
Friday, October 27, 2017
Apple Legend Steve Wozniak Says Bitcoin Is Better Than The Phony US Dollar / Currencies / Bitcoin
By: Jeff_Berwick
We’ve had a seemingly never-ending parade of crony capitalists, bankers, and politicians calling bitcoin everything from a “fraud” to “Enron” to “junk.”
Yesterday, though, a big name came out on the side of bitcoin. Steve Wozniak, co-founder of Apple.
Notice that while people like JP Morgan’s Jamie Demon and Mastercard CEO, Ajay Banga, have never actually created any real wealth in their lives, Wozniak played a very crucial role in the development of personal computers which has led to the internet… which led to bitcoin… which has created massive amounts of wealth and freedom for the world.
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