Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Thursday, November 14, 2019
7 days of Free FX + Crypto Forecasts -- Join in / Currencies / Forex Trading
By: EWI
Hi Wave Trader,
The end of the year is fast approaching. Have you met your 2019 trading goals?
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Wednesday, November 13, 2019
7 days of FREE FX + Crypto Market Forecasts / Currencies / Forex Trading
By: EWI
Hi Reader,
The end of the year is fast approaching. Have you met your 2019 trading goals?
Our friends at Elliott Wave International (EWI) can help.
In fact, their upcoming Forex FreeWeek event is worth your time even if you're not actively trading forex.
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Monday, November 11, 2019
Avoid Emotional Investing in Cryptocurrency / Currencies / BlockChain
By: Submissions
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Tuesday, November 05, 2019
Is the Run on the US Dollar Due to Panic or Greed? / Currencies / US Dollar
By: Ellen_Brown
What’s going on in the repo market? Rates on repurchase (“repo”) agreements should be about 2%, in line with the Federal Reserve funds rate. But they shot up to over 5% on Sept. 16 and got as high as 10% on Sept. 17. Yet banks were refusing to lend to each other, evidently passing up big profits to hold onto their cash—just as they did in the housing market crash and Great Recession of 2008-09.
Because banks weren’t lending, the Federal Reserve Bank of New York jumped in, increasing its overnight repo operations to $75 billion, and on Oct. 23, it upped the ante to $120 billion in overnight operations and $45 billion in longer-term operations.
Why are banks no longer lending to each other? Are they afraid that collapse is imminent somewhere in the system, as with the Lehman collapse in 2008?
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Tuesday, November 05, 2019
Larger Bullish Move in USD/JPY May Just Be Getting Started / Currencies / Japanese Yen
By: MarketsToday
Summary
- Once current retracement is complete the USD/JPY has a good chance of exceeding last week’s high.
- Pair still in early stages of following through on bullish breakout of a large head and shoulders bottom.
- Upside target zone around $110.51 to $110.70.
Following an upside breakout of a large head and shoulders bottom pattern several weeks ago, the USD/JPY pulled back to test support of the neckline last week. So far, the area of the neckline has held as support around $107.88. Whether it continues to do so remains to be seen.
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Sunday, November 03, 2019
Is US Dollar Topping? / Currencies / US Dollar
By: ElliottWaveForecast
The Fed’s monetary stance has turned 180 degree this year. Recall last year the Fed talked about shrinking the balance sheet on auto pilot and raising interest rate. The QT (Quantitative Tightening) of $50 billion a month, according to former Fed Chair Janet Yellen, should be boring like watching paint dry. By July this year, the $50 billion monthly rundown has ended. Instead, the Fed embarks in another balance sheet inflation to the tune of 60 billion a month. In mid-September, short term funding in repo market spiked to 10% from 2% overnight. This suggests stress in the financial system as some banks and financial institution can’t find necessary cash in the market. The Fed quickly points out this balance sheet expansion is different than asset purchase from years ago. Below is the chart of the Fed’s balance sheet. It has dropped steadily from 2017 and reverses higher this year.
Friday, November 01, 2019
Near-term bearish signs for Bitcoin Cash / Currencies / Bitcoin
By: MarketsToday
Summary
- Bearish doji candlestick pattern occurs after seven days up.
- Occurs on test of neckline of large bearish head & shoulders topping pattern.
- Potentially significant drop possible to below most recent swing low.
Sunday, October 27, 2019
Here is why Bitcoin jumped 20% (2019-10-25) / Currencies / Bitcoin
By: readtheticker
If you are having trouble finding the news behind the bitcoin price move, don't fret here is the answer.
1) Gold and silver starting to react to US FED repo non QE US Dollar creation.
2) Congress questioning of Zuck on Libra did not surprise.
3) Bitcoin price hit trusted outer demand channel line (see chart below).
Sunday, October 27, 2019
Latin America Sinks Under The Weight Of Its Third-Rate Currencies / Currencies / Fiat Currency
By: Steve_H_Hanke
Latin America is plagued with many endemic economic problems. As a result, slow growth and economic instability are the order of the day. Latin America is sinking. In the grand scheme of things, it’s become irrelevant.
When it comes to listing culprits that account for the zombie growth rates in Latin America, the laundry list usually includes: high levels of corruption, a weak application of the rule of law, poor public services, a lack of public safety, and so on.
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Friday, October 18, 2019
British Pound Brexit Chaos GBP Trend Forecast / Currencies / British Pound
By: Nadeem_Walayat
The Pound fell sharply following the announcement that Parliament would be suspended so as to enable a hard Brexit. However subsequent chaos of the Governments loss of control of Parliament with Remainer's taking control of business of the house has seen a sharp bounce in sterling which is contrary to what one would expect given extreme chaos and uncertainty.
Taking a look at the British Pound since Theresa May took office July 2016 against key Brexit events paints a different picture of what is driving the British Pound where the Brexit factor is concerned.
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Thursday, October 17, 2019
Currencies Show A Shift to Safety And Maturity – What Does It Mean? / Currencies / Forex Trading
By: Chris_Vermeulen
Recent rotation in multiple foreign currencies hints at the fact that a new stage of the “Capital Shift” process is taking place and that skilled technical investors need to pay very close attention to how these currencies continue to react over the next 3 to 6+ months. In the recent past, most of the world’s foreign currencies were declining in value while the US Dollar continued to strengthen. In fact, we authored many research articles about these trends and how weakness in foreign currencies will drive new foreign investment into the US stock markets for two simple reasons; strength and security.
Now that a few of the world’s most mature economies, and some that may surprise you, are starting to change directions, we may be beginning a new stage of the “capital shift” process that may open up multiple new opportunities for skilled technical traders. As the old saying goes, “follow the money”. At this point, if our research team is correct about these price trend changes, following the money may mean opening our eyes to new investment opportunities across the Pacific and Atlantic – as well as very near to the US.
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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
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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 currency 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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