Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Friday, July 10, 2020
Declaring Your Independence from Currency Debasement / Currencies / Fiat Currency
By: MoneyMetals
Precious metals markets kicked off trading for the third quarter by posting modest declines across the board.
However, the technical bigger picture for gold and silver still looks strong after the metals recorded impressive gains in Q2. Gold finished out the quarter trading at its highest level since 2012. That has bulls anticipating new all-time highs for the monetary metal in the near future.
Even though gold is outperforming the stock market in 2020, it isn’t getting much attention from the Wall Street-centric financial media. We suspect public interest in precious metals will begin to surge once gold hits a new record and trades over $2,000. Then the media will be forced to start paying more attention to the sector.
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Wednesday, July 01, 2020
U.S. Dollar: When Almost Everyone Is Bearish... / Currencies / US Dollar
By: EWI
June started off with speculators decidedly negative toward the U.S. dollar.
On the second day of the month, the Financial Times said:
Wall Street strategists say dollar could be set for "dramatic" falls
Elliott Wave International's June 10 U.S. Short Term Update, a three-times-a-week publication which provides near-term forecasts for major U.S. financial markets, took note of the bearish sentiment when it showed this chart and said:
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Tuesday, June 30, 2020
In The Year 2025 If Fiat Currency Can Survive / Currencies / Fiat Currency
By: Bob_Kirtley
Introduction
We are presently enduring a period of great change due to the Coronavirus which has already cost many lives and inflicted untold damage to the global economy.
Alongside the damage caused by this virus the world has also entered a recession having been through an eleven-year period of expansion.
To make matters worse many nations are shouldering massive debts raising questions about the possibility of debt defaults on a grand scale.
Today we are taking a peek into what the future might look like and it is not a pretty sight.
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Monday, June 29, 2020
US Dollar with Ney and Gann Angles / Currencies / US Dollar
By: readtheticker
Where is price going, is there strength or weakness in the chart?
Previous Post on the US Dollar : Where is the US Dollar trend headed ?
The question is always what will the future price action look like ?
This post will highlight the use of lines generated by angles. Not trend lines, as trend lines require two known points on a chart, where as angles require only one known point and a angle degree to draw a line. The question then becomes how is the angle degree determined.
There are two theories: Gann Angles and Ney Angles. Gann angles are a fixed set of degrees (see below) and these degrees are based loosely on astrology and the regular cycle of planets around the sun. Gann said price would move between these angles as the angles acted as like critical support and resistance.
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Monday, June 22, 2020
Where is the US Dollar trend headed ? / Currencies / US Dollar
By: readtheticker
where-is-the-us-dollar-trend-headedJesse Livermore said we consider all matters concerning the market, this includes demand and supply fundamentals, general conditions and price patterns.
A high US dollar is the mighty destroyer of all, it explodes foreign debt and risk assets, and it will likely change US politics.
The chart below supports a greater supply of US dollars and a bearish dollar view.
The green line is the spread between the German 10 yr interest rate versus the US 10 yr interest rates, and it is showing bearish pressure on the US dollar. The black line is the trend of the US twin deficits and the US dollar as followed this trend over a very long time and the forecast is for deeper deficits into 2020-22.
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Monday, June 22, 2020
It’s Time for Private Cryptocurrency Boards / Currencies / BlockChain
By: Steve_H_Hanke
With the onset of the coronavirus pandemic, currencies around the world took a deep dive. To name but a few casualties: Argentina, Brazil, Colombia, Iran, Lebanon, Mexico, Nigeria, Russia, South Africa, Syria, Turkey, Venezuela, and Zimbabwe. Not only have the currencies in these countries plunged, but the burden of their foreign debts has soared. Exchange-rate instability is a curse.
Indeed, currency instability, banking crises, soaring inflation, sovereign-debt defaults, and economic booms and busts all have a common source: exchange-rate instability. The ills induced by exchange-rate instability bring with them calls for policy changes. Karl Schiller, the German Finance Minister from 1966 until 1972, understood this simple fact. Schiller’s mantra was clear and uncompromising: “Stability is not everything, but without stability, everything is nothing.” Well, Schiller’s mantra is my mantra.
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Wednesday, June 17, 2020
8 Rules for Forex Market Beginners / Currencies / Forex Trading
By: Submissions
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Thursday, May 14, 2020
Bitcoin Halving Passes with no Fanfare, but Smart Money is Accumulating / Currencies / Bitcoin
By: Submissions
After flirting with the 10k level, bitcoin has retraced to find support around $8,700 as the long-awaited halving event passes.
This milestone sees the block reward sliced in half, effectively acting as a supply shock by reducing the profits of miners by 50% and halving the amount of new bitcoin that enters the network.
With central banks embarking on massive money printing operations to tide over stalled economies, this event makes bitcoin look increasingly attractive as a deflationary asset — and this is reflected by the increased presence of institutions.
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Thursday, May 07, 2020
Bitcoin Price Trades Like the S&P 500, and is Testing Resistance / Currencies / Bitcoin
By: Chris_Vermeulen
If you pay attention to the trends taking place on the Weekly Bitcoin chart, you’ll notice that it has reacted to the global market Covid-19 trends almost exclusively since the beginning of 2020. After the end of 2019, the US stock market rallied on Q4: 2019 data and so did Bitcoin. The US Stock market peaked near February 20 and began a deeper selloff on February 25 – Bitcoin followed this pattern as well. When the US Fed initiated the stimulus on March 23, Bitcoin prices had already started to bottom in anticipation of the Fed stimulus and really began to rally after the Fed began intervening.
Before you continue, be sure to opt-in to our free market trend signals before closing this page, so you don’t miss our next special report!
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Monday, May 04, 2020
What’s Next, Trillion US Dollar Coins? / Currencies / Fiat Currency
By: MoneyMetals
The massive set of stimulus measures rolled out last month by the Treasury Department and Federal Reserve has left many Americans wanting more… and politicians scheming for new ways to dole out additional trillions in cash.
Most taxpayers have already received their $1,200 “stimulus” payments. However, that one-time payment will do little to repair the long-term financial health of the 26 million (and rising) who are newly unemployed.
And it surely won’t bail out all the small business owners who were callously deemed “non-essential” and forced to shut down during this pandemic.
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Wednesday, April 15, 2020
A single currency system for the world / Currencies / Fiat Currency
By: Submissions
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Sunday, April 12, 2020
Bitcoin Has Just Passed 50% Fibonacci Level And Is On Its Way To $7700 / Currencies / Bitcoin
By: Submissions
The recently rising price of Bitcoin against the US dollar is slowing progressing towards the next resistance level of $7700. Currently, we are seeing some pin bars forming near $7200 with the resurgence of some selling pressure.
As seen in the BTCUSD Daily chart below, the Bitcoin price has been rising gradually since its lowest levels this year, when the price briefly dropped on the 12th of March to $3600.
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Saturday, April 04, 2020
The US Dollar Index: How Can it Help You Trading? / Currencies / US Dollar
By: Submissions
Luckily, there are various ways to optimize your trading besides technical and fundamental analysis, especially when it comes to forex trading. Chances are that you are currently thinking about the live forex rates, however, there is an even more powerful tool to take advantage of the US dollar Index.
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Thursday, March 26, 2020
Covid-19 Pandemic Affecting Bitcoin / Currencies / Bitcoin
By: Submissions
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Thursday, March 19, 2020
Bticoin Crash Big Channel Review / Currencies / Bitcoin
By: readtheticker
Is bitcoin digital gold? Well 2020 will tell us if this is true. Should you double up?
First you must congratulate bitcoin (and litecoin) for how liquid it is, well done!
So what happens next.
Do you invest for the sci fi world coming on the back of new fancy tech which will use just in time internet money any where in the world ? Will you trust banks once the great crash of 2020 is over? Will governments be desperate for economic activity and remove taxation burdens to allow tax free BTC or LTC transactions.
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Friday, March 13, 2020
5 Professional Tips to Sell Bitcoin / Currencies / Bitcoin
By: Submissions
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Wednesday, March 11, 2020
Three golden rules you must learn as a currency trader / Currencies / Forex Trading
By: Submissions
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Sunday, March 08, 2020
Coronavirus Infects US Dollar / Currencies / US Dollar
By: Richard_Mills
Up to a month ago the US dollar was showing resilience in the face of a slowdown in the global economy evidenced by anemic growth. As central banks including the US Federal Reserve reacted by lowering interest rates, it looked as though strength in the US economy (stock market bull, 50-year-low unemployment, etc.) would see the States through the downturn, especially since US Treasury yields were that much higher than those of competing bonds such as the German “bund”.
All that has changed with the coronavirus.
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Thursday, February 27, 2020
A Digital “Fedcoin” May Be Coming… And It Would Be Terrifying / Currencies / BlockChain
By: MoneyMetals
Cryptocurrencies are based on blockchain technology that allows for de-centralized peer-to-peer transactions to take place outside the government-controlled banking system.
Backers of cryptocurrencies such as Bitcoin tout their privacy advantages and resistance to inflation due to their strictly limited quantities.
But what if this free-market innovation were co-opted to achieve opposite ends – centralized tracking of every transaction with no possibility of escaping digital devaluations?
That’s what some central bankers are ultimately aiming for by replacing paper cash with their own digitized, monopolized currencies.
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Sunday, February 16, 2020
British Pound GBP Trend Forecast 2020 / Currencies / British Pound
By: Nadeem_Walayat
This is the final part of my British Pound Analysis that concludes in a detailed trend forecast for 2020
- British Pound 2019 Review (Part1)
- Political Implications
- Fundamentals
- US Dollar Index
- GBP Long-term analysis
- GBP Trend Analysis
- Elliott Wave Theory
- GBP 2020 Forecast Conclusion
However the whole of analysis was first made available to Patrons who support my work: British Pound GBP Trend Forecast 2020
So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.
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