Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Wednesday, September 20, 2017
AUDUSD Broke Below Trend Line Support At 0.7975 / Currencies / Austrailia
By: Franco_Shao
After failing in its two attempts to break above the resistance of the May 2015 high of 0.8162, AUDUSD pulled back from 0.8124 and broke below a major support trend line at 0.7975 on its daily chart, suggesting that lengthier consolidation for the uptrend from 0.7328 is underway.
Tuesday, September 19, 2017
USD/CHF – Verification of Breakout or Further Declines? / Currencies / Forex Trading
By: Nadia_Simmons
At the end of the previous week, the greenback moved lower against the Swiss franc, which resulted in a comeback to the previously-broken support/resistance line. Will we see a verification of the earlier breakout or rather further declines in the coming week?
Tuesday, September 19, 2017
Blockchain Tech: Don't Say You Didn't Know / Currencies / BlockChain
By: The_Gold_Report
Lior Gantz, founder of Wealth Research Group, discusses blockchain technology and one company that is harnessing its power.
"You can't stop things like the blockchain. It will be everywhere, and the world will have to readjust. World governments will have to readjust" – John McAfee, Founder of McAfee
As you're aware by now, the world's largest corporations and most governments are already testing the incredible potential of it.
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Monday, September 18, 2017
Bitcoin Price Crash 40% In 3 Days Underlining Gold’s Safe Haven Credentials / Currencies / Bitcoin
By: GoldCore
– Bitcoin price action shows cryptos vulnerable to commentary and government policies
– Bitcoin falls to low of $2,980, down by $1,000 in week as China flexes muscles
– Volatility major issue: In 3 days btc fell 40% before bouncing 25% off lows
– BIS state risks of cryptos cannot yet be fully assessed and says technology still unproven
– Apple and Google developing a payment API for cryptos – may give governments full oversight
– Bitcoin and cryptos current volatility and exposure to governments underlines gold’s safe haven status
Monday, September 18, 2017
How to Choose right Forex Trader? / Currencies / Forex Trading
By: Kavinesh_A
Market makes up more than $4 billion in average exchanged value every day, making it the world's biggest economical market. Since there is no central sell for forex dealing, traders must select a fx agent to help them conduct their dealing activity. There are a large and growing number of fx agents, deciding on the right one requires very carefully searching through a massive number of journal and internet ads. In this article, we'll look at when selecting a fx agent in today's aggressive forex dealing industry at Admiral Markets Deutschland.
Saturday, September 16, 2017
Bitcoin Drops After China Ban / Currencies / Bitcoin
By: Mike_McAra
Bitcoin is now present in mainstream media. On the Bloomberg Markets website, we read:
Bitcoin fell for a fifth day, the longest losing streak in more than a year, after one of China’s largest online exchanges said it would stop handling trades by the end of the month amid a government crackdown on cryptocurrencies.
BTC China will immediately stop accepting new account registrations on its BTCChina Exchange, Chief Executive Bobby Lee said Thursday in a tweet. The decision was made after “carefully considering” the Sept. 4 announcement by Chinese regulators that outlawed initial coin offerings, he said.
(…)
Friday, September 15, 2017
EURGBP Broke Below Trend Line Support / Currencies / Euro
By: Franco_Shao
EURGBP recently broke below the bullish trend line at 0.9050 on its daily chart. The subsequent fall had taken price to as low as 0.8866, indicating that the upside movement from 0.8313 had completed at 0.9306 already.
Friday, September 15, 2017
GBP USD Approaches Fibonacci Target / Currencies / Forex Trading
By: Enda_Glynn
Good evening to you all.
Another day, another all time high in the DOW, and another step closer to the target zone.
The wave count is working well on this front,
And I am sure we will see a break above 22300's before long,
But what amazes' me everyday,
is the sheer lack of interest in questioning this now eight year long rally.
It is taken for granted like milk in the supermarket.
Thursday, September 14, 2017
EURUSD Is Facing Channel Support / Currencies / Euro
By: Franco_Shao
EURUSD stays in a bullish price channel on its daily chart and remains in the uptrend from 1.0569. As long as the price is in the channel, the fall from 1.2092 could be treated as consolidation of the uptrend and the bullish movement could be expected to continue after the consolidation.
Wednesday, September 13, 2017
TRADE FOR A CHANGE / Currencies / Forex Trading
By: Kavinesh_A
Marketting business has always been referred to as a tedious task to handle. Its strategic approach to every service delivery should always seem to be a compatible one. Before taking a leap into this category of business one should get familiarised with it and, the various terminologies of forex trading for beginners. A person experienced enough to handle trading business online can have a blooming start in the same.
Tuesday, September 12, 2017
GBPJPY Move Sideways On Weekly Chart / Currencies / British Pound
By: Franco_Shao
GBPJPY moved sideways in a trading range between 135.59 and 148.44 for several months. The sideways movement is likely consolidation of the uptrend from 122.36. As long as 135.59 key support holds, the uptrend could be expected to resume and a breakout of 148.44 resistance could signal resumption of the uptrend.
Tuesday, September 12, 2017
Bitcoin Price Analysis / Currencies / Bitcoin
By: MarketsToday
If Bitcoin breaks below most recent low a deeper correction becomes likely
Summary
Bitcoin forms potential Head and Shoulders Top at resistance of Fibonacci confluence
Breakdown likely leads to a -29% or greater correction
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Tuesday, September 12, 2017
Here’s A Strong Case For A Strong Yen / Currencies / Japanese Yen
By: John_Mauldin
I am well-known for suggesting that Japan was a bug in search of a windshield and in predicting that the yen would go 200 to the dollar.
About four years ago, when the yen was at 100, I even purchased 10-year options, which were ridiculously cheap, with strike prices 20 to 30 yen higher. I was willing to be patient and wait for 10 years, if I had to.
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Monday, September 11, 2017
USDJPY Broke Below 108.13 Key Support / Currencies / US Dollar
By: Franco_Shao
USDJPY recently broke below a major support level at 108.13, indicating that the sideways movement in a trading range between 108.13 and 115.50 is complete and the downtrend from 118.66 has resumed.
Monday, September 11, 2017
The Big Unwinding / Currencies / US Dollar
By: Submissions
Below is $USDJPY weekly, with $GOLD:$USD in the background. I am using $USD as the denominator for consistency.
Comments:
1. $USDJPY and $GOLD:$USD are inversely correlated
2. The long super cycle for $USDJPY is 180 months (or 15 years) low to low, and the half cycle harmonic is 90 months, low to low.
3. The long super cycle low bottomed in 2011, and its next low will be in 2026/27, which also coincides with the 5th K wave peak in commodities.
4. The 90 month half cycle also bottomed in 2011, with the 15 year super cycle. The next half cycle low will be in first half of 2019, followed by 2026/27, with the 5th K wave peak in commodities.
Saturday, September 09, 2017
Debt Ceiling Capitulation Spells Trouble Ahead for the Dollar / Currencies / US Dollar
By: MoneyMetals
“Frustration” no longer adequately describes what reformers in Congress – along with millions of investors and taxpayers who voted for reform – are feeling. For many, hopelessness is beginning to set in on the prospects for tax, budgetary, and monetary reform following Wednesday’s GOP capitulation on the debt ceiling.
Democrats shamelessly exploited the Hurricane Harvey disaster to couple the $7.85 billion disaster aid package with demands on unrelated issues in the budget. Congress didn’t pay for the bill with offsetting spending cuts, as the Club for Growth and other fiscal conservatives had urged.
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Thursday, September 07, 2017
EURJPY Might Be Forming Double Top Pattern / Currencies / Euro
By: Franco_Shao
After touching 131.39 previous high resistance, EURJPY pulled back sharply from 131.70 and broke below a major support trend line on on the 4-hour chart. The pair might be forming a double top pattern with neckline at 127.56, a breakdown below this level could confirm the pattern.
Wednesday, September 06, 2017
US Dollar Crashing, Gold Soars: Justuce at Last! / Currencies / US Dollar
By: The_Gold_Report
As the North Korean crisis escalates, Tom Beck, founder of Portfolio Wealth Global, discusses the rise of gold and other metals.
North Korea fired a ballistic missile over Japan last Tuesday, sending gold to its highest level in 2017. Last month, we told you that Ray Dalio, the world's largest hedge fund manager, suggested holding up to 10% of your portfolio in gold, warning of rising risks.
It's time to effectively prepare for the best buying opportunities.
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Wednesday, September 06, 2017
The Bitcoin Blueprint To Your Financial Freedom / Currencies / Bitcoin
By: Submissions
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Tuesday, September 05, 2017
Criminal Chinese Government Crashes The Cryptocurrency Market / Currencies / BlockChain
By: Jeff_Berwick
What do governments do? Enslave people. What do central banks do? Impoverish people. And what do government regulations do? Destroy capital, impoverish people and protect the monopolies of the 1%.
And today we are seeing how government regulations, which is just another word for “threats of violence” and “extortion” can impoverish people and destroy capital while protecting the financial banking monopoly.
And that is exactly what has happened in China this week where the People’s Bank of China, the Chinese central bank, has officially declared ICOs (initial coin offerings) to be an illegal method of raising money.
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