Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Monday, October 14, 2019
British Pound GBP Trend Analysis / Currencies / British Pound
By: Nadeem_Walayat
GBP Long-term Trend
What stands out from the long-term chart is that GBP has been in a downtrend for many years, a good 20 years in fact for I recall sterling trading at over £/$ 2.0 a few years earlier than this graph. So whilst the clueless mainstream press have been crowing since 23rd of June of how the Pound has collapsed following Brexit. What they fail to understand is that Pound would have fallen regardless of the results of the 23rd June 2016 referendum because it's in a bear market.
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Friday, October 11, 2019
US Dollar Index Trend Analysis / Currencies / US Dollar
By: Nadeem_Walayat
A good technical starting point would be a quick look at the prospects for the US Dollar.
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Thursday, October 10, 2019
How Does Inflation Affect Exchange Rates? / Currencies / Forex Trading
By: Submissions
Consumers are always worrying about the rising cost of basic needs, products, and services. Whether we like it or not, the global economy affects all of us.
When we hear the word inflation, we often think about the increase in the prices of the things we buy. But how important is it to understand inflation and the factors that influence it?
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Thursday, October 10, 2019
Monetary Madness Puts U.S. Dollars Holders in Jeopardy / Currencies / US Dollar
By: MoneyMetals
We’re in uncharted territory. Never before have U.S. fiscal and monetary policy been leveraged so heavily to boost an economy that wasn’t even in recession.
Something will break – and it could be the value of U.S. currency. The Federal Reserve Note now faces devaluation pressures on multiple fronts.
With the federal government running a trillion-dollar budget deficit and an election year approaching, fiscal restraint is a dead letter in Washington, D.C. Politicians are fighting over who can promise to borrow and spend the most.
Wednesday, October 02, 2019
A Guide to FX Trading By Artur Hochberg / Currencies / Forex Trading
By: Travis_Bard
Planning to trade in the currency markets? Below are trading tips from Artur Hochberg that will assist you in managing the risks for profitability and longevity.
Most novice traders getting into the forex market tend to think of it as an investment for their money. Some will go as far as to call it a 'safe' investment. Artur Hochberg, however, says that there is a big difference between trading FX and investing in stocks or bonds.
Saturday, September 28, 2019
British Pound Fundamental Analysis / Currencies / British Pound
By: Nadeem_Walayat
Political Implications
An expected Tory general election win favours GBP strengthening as it delivers political certainty even if under BJ implies a hard Brexit outcome is more probable.
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Friday, September 27, 2019
Bitcoin Price Collapse Continues For Many Months / Currencies / Bitcoin
By: Chris_Vermeulen
The recent price collapse in Bitcoin may be the start of a much bigger price trend in the Cryptos. The support level near $9000 has been breached and the current resistance arc, see the MAGENTA Fibonacci Price Amplitude Arcs on these charts, are clearly acting as a major contracting price resistance level. Our research suggests price will find support near $7900, then $5571, then possibly just above $2000. But first, be sure to opt-in to our free market trend signals newsletter
The Fibonacci Price Amplitude Arcs are a proprietary modeling tool we use to measure and track how price may react based on previous price swings. They are the visual deployment of two unique theories; Fibonacci price theory and Tesla’s Mechanical Resonance theory. The basis behind our thinking when we created this proprietary tool was that Fibonacci price theory suggests that all price movement is related and structured to previous price movements and that Tesla’s theory that everything we touch, see and know to exist is the result of ENERGY suggested to us that ENERGY may be one of the most important components in understanding price movement.
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Thursday, September 19, 2019
The Many Forex Trading Opportunities the Fed Day Has Dealt Us / Currencies / Forex Trading
By: Nadia_Simmons
Volatile trading is calming down, revealing several opportunities. The euro has retraced its yesterday’s downswing, the Japanese yen is strengthening – just as the Canadian dollar is. Swiss franc is another currency we’re keeping a close eye on. But how does it translate into our trading plans?
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Wednesday, September 18, 2019
Bitcoin Price 2019 Trend Current State / Currencies / Bitcoin
By: Nadeem_Walayat
Bitcoin continued it's bear market into 2019 hitting a low of $3,400 by Mid Feb, following which the bitcoin price entered into a trading range with an upward bias with resistance at $4,300 and rising trendline support from the $3,400 low as illustrated by the chart from my last update of late April 2019.
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Sunday, September 15, 2019
The Race to Depreciate Fiat Currencies Is Accelerating / Currencies / Fiat Currency
By: MoneyMetals
Metals investors are anxiously awaiting the market’s reaction to next week’s Fed meeting. We may see players in the futures markets move to smash gold and silver prices down to lower support zones in the trading around the Fed’s decision.
But flushing out some more speculative longs and late comers with weak hands would be a healthy development in setting up the next rally.
Those who got left behind in this summer’s big moves in metals markets should certainly consider taking advantage of favorable buying opportunities as they present themselves ahead of a possible seasonal push higher in the sector this fall.
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Saturday, September 14, 2019
British Pound vs Brexit Chaos Timeline / Currencies / British Pound
By: Nadeem_Walayat
The consensus view is that the market seeks a resolution to Brexit uncertainty of when or even if the UK would leave the EU. Which given current extreme chaos would suggest that the British Pound should be an death spiral of sorts.
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Monday, September 09, 2019
UUP Bullish Cycles from May 2011 lows / Currencies / US Dollar
By: ElliottWaveForecast
Firstly the dollar tracking ETF fund UUP inception date was 2/20/2007. Interestingly the dollar index has a low in March 2008. The UUP ETF fund shows a low in May 2011. The dollar index did make a pullback cycle low in May 2011 however it was well above the March 2008 lows. The bullish cycle up from the May 2011 lows in UUP is the focus of this analysis where it begins on the weekly chart. It should see some further upside before any larger size pullbacks relative to the longer term cycles.
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Saturday, August 31, 2019
King Dollar Global Reserve Paradox / Currencies / US Dollar
By: Jim_Willie_CB
An intriguing paradox is evident, whereby the USDollar continues to rise despite the global economic recession. In fact, it can be argued that the USDollar is rising in the past several months, because of the global recession. On a worldwide basis, the economy is struggling badly, especially in the West. Worse still, without a doubt, the rising USDollar is destroying the individual economies of smaller nations, one by one. The King Dollar is truly an economic machete. Numerous factors are at work. All contribute toward the continued rise of the USDollar until the systemic breakdown hits both the economy and the financial system. The sign of systemic breakdown is the bond rally, which has taken bond yields into negative territory. Nobody with a working cerebrum can claim that $17 trillion in sovereign bonds sporting negative yields can defend the current system as either normal or stable. The Fed Valuation Model justifies higher stock index values when bond yields are lower, but the model has no modern feature for negative rates. Eventually, and soon, the only beneficiary will be Gold & Silver, along with a few hard assets like diamonds.
Wednesday, August 28, 2019
New Gold & Silver Bull Analogs / Currencies / Gold and Silver Stocks 2019
By: Jordan_Roy_Byrne
Back during the bear market years (it’s nice to be able to write that now), I regularly would compare the declines in Gold, Silver and gold stocks to their past history. It gave us a visual representation of just how bad the forever bear market was and helped us decipher when it might end.
Thankfully that is all behind us.
Now it’s time to compare recent bullish moves to past iterations.
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Sunday, August 25, 2019
Newbie Guide to Currency Pairs in Forex Trading – Review / Currencies / BlockChain
By: Kavinesh_A
The coupling of currencies from two countries to exchange or trade against each other is known as currency pairs in forex trading. There are exchange rates from both currencies on which the position basis of the trade are established. Currency pairs are undoubtedly an integral component when you mention forex trading, understanding it’s basics is so vital since every form of buying and selling is achieved through currency pairs.Read full article... Read full article...
Thursday, August 22, 2019
USD/JPY, USD/CHF, GBP/USD Currency Pairs to Watch Prior to FOMC Minutes and Jackson Hole / Currencies / Forex Trading
By: Nadia_Simmons
It’s often like this prior to market-moving events. Prices keep trading in a narrow consolidation, dropping subtle clues here and there. The context remains though, and coupled with the preceding price action, it allows to us to see the market tipping its hand. So, how have we prepared for what’s to come?
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Saturday, August 17, 2019
It’s Time For Colombia To Dump The Peso / Currencies / Fiat Currency
By: Steve_H_Hanke
Colombia’s peso is in trouble, again. Against the U.S. dollar, the peso has shed 20% of its value in a little more than a year and 7% in the last month. Like most Latin American currencies, the Colombian peso bobs up and down like a yo-yo, but its long-term trend is one of weakness. Indeed, since August 2014, the peso has lost 45% of its value against the greenback. Talk about a theft! The chart below tells the peso’s most recent tale.
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Thursday, August 15, 2019
GBP vs USD Forex Pair Swings Into Focus Amid Brexit Chaos / Currencies / British Pound
By: Submissions
On July 16th Sterling hit its 2019 low of $1.24 against the US Dollar. It wasn’t the biggest surprise, as GBP has been bouncing around the $1.25-$1.26 mark for most of July, and, indeed, sits around that mark at the time of writing one week later.The drop in Sterling’s value prompted a bit of a reaction on social media, which soon snowballed into hysteria and misinformation. The latter came from a widely shared story on Twitter, which claimed that GBP had reached its lowest rate against USD since 1985. That was, in fact, incorrect, as the Pound was buying $1.22 in January 2017.
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Thursday, August 15, 2019
The EagleFX Beginners Guide – Financial Markets / Currencies / Forex Trading
By: Kavinesh_A
A financial market is a market where derivatives at low transaction costs, commodities, foreign exchange and financial securities (bonds, precious metals and stocks) are traded by people. In elementary terms, they can be described as markets where investors make money, companies reduce risks and businesses approach to raise funds for growth. Bonds and currency trading are done mainly on bilateral basis even though some trade on a stock exchange, also recently electronic systems are being built for stock exchange purposes.
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Tuesday, August 13, 2019
US Dollar Finally the Achillles Heel / Currencies / US Dollar
By: Jim_Willie_CB
All important factors are finally putting tremendous pressure on the USDollar. The weak economy will result in lower interest rates, thus more downward USD pressure. The enormous USGovt debt will result in further bond dumps in addition to trade settlement outside the USD, thus more downward pressure. The resentment for threatened hot wars, trade wars, economic sanctions, and SWIFT obstructions will result in amplified resentment. They will respond with a global boycott of the King Dollar, dumping of USTreasury Bonds, and thus more downward pressure. Worse, a global currency war might erupt in the very near future, which might have basis in competing interest rates from monetary policy in addition to competing bond yields. The remarkable fact that has come to the table in the last few weeks is that foreign sovereign bond offerings are having strong demand despite lower bond yields offered than USTreasurys. However, the USTreasury auctions are being gradually noticed as failures, despite higher bond yields offered. The message is crystal clear, that collateral for the huge debt is far more important than the carry, namely the bond yield. Finally the USGovt debt is being questioned, as it rises past the $22 trillion level, as the debt limit is suspended, and as the over $20 trillion in missing funds is publicized. The USGovt financial room is a recognized crime scene.