Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.Sunday, January 13, 2013
The Japanese Yen Trade Is Exporting Inflation to China / Currencies / Japanese Yen
3-Month Depreciating Yen Trade
The 3 month Japanese Yen trade which every fund manager from San Diego to Hong Kong has taken part in will sure help Japanese exporters and help spur more economic activity in what has been a real laggard in both business competiveness, and the race to weaken their currency that has occurred during the last five years.
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Thursday, January 10, 2013
The Real Idea Behind The U.S. Trillion Dollar Coin / Currencies / Fiat Currency
Paul Brodsky writes: Speaking of monetary abstractionism, there has been recent talk of a fiscal gimmick called “The Trillion Dollar Coin,” in which a platinum coin valued at $1 trillion would be created by the U.S. Mint for the Treasury Department. Treasury would then rid itself of its pesky fiscal deficit in one fell swoop by simply keeping the coin on deposit at the Fed.
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Monday, January 07, 2013
British Pound Heading for Sterling Crisis 2015 / Currencies / British Pound
It may be only a matter of weeks before the Pound's next great decline begins...
Right at the top of the banking pyramid you have an institution called the Bank for International Settlements (BIS), writes Paul Tustain - founder and director of BullionVault. It acts like a central bank for central banks.
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Thursday, January 03, 2013
Forex Trading: Why You Need to Look Past "Fiscal Cliffs" / Currencies / Forex Trading
First, a word on how we all are conditioned to think that, "momentum will remain constant unless acted on by an outside force." Read this excerpt from Robert Prechter's May 2004 Elliott Wave Theorist:
Read full article... Read full article..."...'Momentum will remain constant unless acted on by an outside force.' This mode of thought is deeply embedded in our minds because it has tremendous evolutionary advantages. When Og threw a rock at Ugg back in the cave days, Ugg ducked. He ducked not necessarily because his mind had inherited and/or learned the consequences of the Law of Conservation of Momentum.
Friday, December 28, 2012
Don't Expect the News to Tell You Where EUR/USD Is Going Next / Currencies / Forex Trading
Retrospective explanations of market moves don't keep you ahead of the trend
On December 27, EUR/USD shot up as high as $1.3283. Forex news headlines were quick to comment:
Read full article... Read full article..."Dec 27 - The euro slightly extended gains against the dollar after strong U.S. new home sales data last month further lifted the market's appetite for riskier currencies."
Thursday, December 27, 2012
Comex Pressure Point, The Coming Isolation Of The US Dollar / Currencies / US Dollar
The typical human reaction to any infection, vermin, danger, or toxicity is to stand back, to isolate the agent, to trap it, to prevent its further spread or release, then to remove it in a safe secure way if possible using trained professionals. Eventually decisions must be made on the level of acceptable risk on the removal, like what is willing to be lost or damaged or killed in the process. Risk analysis, cost trade-offs, and minimization decisions must be evaluated and executed. The toxic agent in global trade, global banking, and global bond market is the USDollar. In 2009, the Jackass began making a certain firm point. Those nations that depart from the entire USDollar system early will be the leading nations in the next chapter, with stronger foundations, richer solvency, emerging economies, healthier financial markets, efficient credit engines, growing wealth, stronger political helm activity, and better functioning systems generally. Imagine a contaminated blood system that infects, corrupts, and destroys all interior organs from the spread of the toxin.
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Wednesday, December 26, 2012
Currency Market Trading Opportunities for 2013 / Currencies / Forex Trading
Dear Trader,
Today, you have a chance to see a unique new report on 5 hidden market opportunities that should be coming your way in 2013.
The report was put together by Elliott Wave International's Senior Currency Strategist, Jim Martens. EWI prides itself on finding opportunities that others miss. This free report is no exception.
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Monday, December 24, 2012
EUR/USD Forex Analysis for Week Of December 24, 2012 / Currencies / Forex Trading
Euro-US Dollar (EUR/USD) had gone as high as 1.3308 after breaking over the May 1st, 2012's resistance of 1.3283. After this break the pair could not sustain over 1.3300 and the second attempt to break over this failed at 1.3295. After 8 day's price action over 5-day EMA, ER/USD managed to break below this support and went as low as 1.3158 before closing for the week at 1.3188 i.e. almost at the 5-day EMA.
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Thursday, December 20, 2012
The Road to the Euro: Birth Pangs of Globalism / Currencies / Euro
From an historical context – it may be argued that global domination begins and ends – FIRST - with control of Europe. The unification of Europe, or global domination as a concept, is perhaps as old as war itself. Put simply, you cannot ‘rule the world’ unless you first ‘rule Europe’. History is littered with many examples of ‘would-be’ aggressors ***** oppressors who have set their sights on European conquest. While not exhaustive – here’s a list of a few:
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Friday, December 14, 2012
Elliott Wave Analysis of USD/JPY / Currencies / Japanese Yen
The relentless moves in the JPY pairs, is impressive to say the least, truly a remarkable run we have seen in some of the JPY crosses, some pairs like the EURJPY and GBPJPY have seen massive gains.
Although not one to be outdone the USDJPY has followed in sync, only now I think it’s nearing a potential high that should yield a decent pullback of 200-250 pips.
Thursday, December 13, 2012
US Dollar Index Very Long Term Chart - A Rake's Progress / Currencies / US Dollar
Here is an end of year update on the very long term US dollar chart, la douleur du monde.
As a reminder, this is a chart based on the DX dollar index.
That index is woefully out of date with the progress of the world economy and the currency wars with their competitive devaluations and rising currencies of the developing nations.
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Tuesday, December 11, 2012
Dissecting the US Dollar, Biotech – The Next Major Bull Market After 2020 / Currencies / US Dollar
Sometimes a very simple picture can replace 1000 words, so as such, this brief update will illustrate what is driving the market. There was a minor shooting star doji put in place yesterday, which suggests weakness into the start of next week before starting to rise towards 81.5. Other charts that will be presented on Wednesday will illustrate that the coming top will be just that and in the process, create a setup for a very sharp decline. After wave [E] completed a long-term triangle, a subsequent cliff-like decline occurred, which appears to take the form of an elongated flat to form wave (A).
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Monday, December 10, 2012
EUR/JPY - The Fear Of 108.00? / Currencies / Forex Trading
Euro - Japanese Yen has been making attempts to break over 107.95 for past 3 trading days but has been failing to do so. The drop took it to 106.12 before the currency pair closed for the week at 106.66.
The fact that EUR/JPY has not been able to break over 107.95 suggests that we can expect some downward consolidation. Please note that this zone had proved to be a very strong resistance area during April 2012 and a strong fall had taken place from here. But on the other hand the support came exactly at 22-day EMA and that keeps us neutral initially. The weekly MACD stays above the signal line very bullishly, while the daily MACD has moved below the signal line. This also indicates that some downward consolidation may take place while bullish sentiments continue to hold.
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Monday, December 10, 2012
GBP/USD - On the Crossroads? / Currencies / British Pound
GBP/USD went as high as 1.6130 but then went into sideways mode. Another attempt of upward jump failed 2 pips below it i.e. 1.6128 and the fall took the current pair to 1.6002 before the weekly closing at 1.6042.
On one hand the break above the psychological level and a move as high as 1.6130 brings in the bullish outlook but on the other hand a failure much below November 1st's 1.6175 argues in favor of some more consolidation if a break below the psychological 1.6000 takes place. Please also check this blog post about GBP/USD.
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Monday, December 10, 2012
USD/CHF - Break Of The First Hurdle / Currencies / Forex Trading
USD/CHF found the support34 pips above the level we had mentioned last week (quoted above). The currency pair found support at 0.9241 and then broke above the mentioned resistance of 0.9340. The pair went as high as 0.9383 after breaking over the 55-day EMA resistance and closed for the week at 0.9347.
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Saturday, December 08, 2012
Should the UK Join the Euro? / Currencies / British Pound
Jan Skoyles looks at how the Euro might not be such a bad idea if it is the interim step to a return to the gold standard. Looking at a paper written by Jesus Huerta de Soto, she looks at the Austrian arguments for the UK joining the Euro, but concludes that the current path of central bank net gold investment and private citizens choosing to buy gold is more likely to be providing the first steps to the new gold standard.
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Friday, December 07, 2012
Research Shows ALL Fiat Paper Money Systems Eventually Fail / Currencies / Fiat Currency
We often read or hear quotes like “paper money eventually fail” and “paper money always returns to its intrinsic value which is zero.” In this article, we provide evidence why these statements are true, backed by research in which 599 different forms of paper money have been analyzed. We explain in an easy to understand way what money fundamentally is, how monetary policies of governments are affecting everyone of us and how gold is first and foremost an alternative form of money (for each and every one of us, not only for an elite). Courtesy of Vince Cate for the incredibly valuable research and David Morgan who referred us to the research materials.
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Friday, December 07, 2012
EUR/USD at double support level / Currencies / Euro
1) 38.2% retracement of the uptrend which took place between Nov. 13th and Dec. 5th.
And
2) 22-Day EMA support level.
Wednesday, December 05, 2012
More Cracks Appear for U.S. Dollar as Reserve Currency / Currencies / US Dollar
Sasha Cekerevac writes: The U.S. dollar has been the world’s reserve currency for decades, but that position might be under attack. With the rising level of U.S. debt, many countries around the world are questioning the position of the U.S. dollar as the reserve currency.
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Wednesday, December 05, 2012
U.S. Dollar Cliff? / Currencies / US Dollar
As election euphoria settles and the "fiscal cliff" approaches, what are the implications for the dollar? Even as federal deficits may be unsustainable, stocks and bonds are up, and while the dollar may have resumed its long-term downward trend, the greenback has hardly fallen off a cliff. We look at how different tax policies might affect the U.S. dollar.
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