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Currencywars

Smart Money is buying Real Bitcoin, selling USD and fake BitcoinPretty easy to see as a full time crypto trader wall street and smart money is trading in paper air Bitcoin bears with bulls here. $100K and $200K this year. Easy. It's not real estate or Bitcoin or other real assets going up, it's FIAT going down faster that we can tell because governement backed currencies are bankrupt and without a floor. Inflation will continue to rampant except in economies that peg on a fix and verifiable central reserve currency. Bitcoin from 2008, has proven itself.
COINBASE:BTCUSDLong
by UnknownUnicorn2413721
1
Will currency wars replace commodity wars?In general, Monday began quite peacefully. China has been non-aggressive in its response to Trump who has signed into law a bill that supports pro-democracy protesters in Hong Kong. And it seemed that we were waiting for another boring day. However, Trump once again showed why we prefer the sale of the dollar for a quite long time. He began the day by accusing Argentina and Brazil of understating their national currencies value to gain a competitive advantage for their products in the US market. In response, the President of the United States raised tariffs on the import of steel and aluminium from these countries. Well, he continued with the Fed’s traditional accusations of overvaluation of the dollar and called on the Central Bank to weaken monetary policy and the dollar. Markets took it as signals for sales of the American currency. Moreover, the buyers on the dollar were not happy with the data on the ISM Index in the US manufacturing sector: 48.1 pips with a forecast of 49.2 pips. Recall that an index value below 50 signals a deterioration in business activity in the US manufacturing sector. Well, returning to Trump and his actions on Monday, in the light of such events, it’s premature to talk about the end of the trade wars. Rather, on the contrary, there is a reason to talk about the transition of trade wars to currency wars with the consequences that maybe even more devastating for the global economy. In general, the future looks rather bleak. In this regard, our recommendations to buy safe-haven assets remain relevant. Our basic positions for today are: finding points for sales of the dollar, purchases of gold and the Japanese yen, sales of oil and the Russian ruble. We also note that while the period of low volatility continues on the foreign exchange market, it is worthwhile to continue aggressive trading on the intraday basis without obvious preferences, for which you can use watch oscillators.
TVC:DXY
by Trade24Fx
USDCNH - OVERDONE PARABOLIC This is getting politicized a ton with the ongoing "trade war" issue. I'm not writing off the fact that trade wars are a problem, and I wouldn't write off that they could have some effect on how the currency reacts. But the deval of the Yuan is unlikely to be a trade war retaliatory measure. This is worse - this is the uncontrolled devaluation of the Yuan due to China's dollar funding problems. This all ties back into their massive debt load, but also into Eurodollar markets as Jeffrey Snyder has written about extensively at www.alhambrapartners.com Take note of the timing of things. If the Yuan devaluing was a retaliatory measure, why did it so coincidentally line up with the date in which the USDHKD 0.01% peg was hit? This date also lines up with big drops in gold 0.77% , copper -2.43% , and tons of other EM currencies. Oh, it also is the day the dollar started appreciating again. This is all a signal that the dollar short being kept in place by China hit its limits (in my opinion). This resulted in a global collateral call, and restarted the rising dollar trend which China was so desperate to stop in 2015/2016. Comment: For a full understanding of things - read the article below. www.alhambrapartners.com
Short
by harmonay
1
US Dollar Breaks Out Against Yuan. Yuan to Drop Further. $USDCNH #Yuan #China #TradeWar #CurrencyWar $FXI $EEM These custom support resistance indicator lines show decent places to enter or exit. The Blue indicator line serves as a Bullish Trend setter. If your instrument closes above the Blue line, we think about going Long. If your instrument closes below the Red line, we think about Shorting. For Stocks, I prefer to use the Yellow line as my Bearish Trend setter (on Daily charts). Find out more. Send Private Mail (PM) to @MasterCharts
Long
by mastercharts
EUR/USD - The Middle of the Battle - BULLS or BEARS???I analyzed this chart with the intention of helping you see the bigger picture of where the overall currency pair is heading. The Euro looks like its in a uptrend but it also could be in turn for a downtrend. In my educated opinion, I think the currency pair holds strong bullish sentiment and is riding to some higher highs unless some economic events unravel (inflation, unemployment, etc... cough* cough*). A look at the pairs historical support and resistance levels helped me to better understand where this pair is heading. From the Red Line at about 1.035 to the current exchange rate at about 1.22 the difference is 0.185. Add 0.185 to 1.22 and you get 1.405 right about where that heavy resistance green line is located. So currently you are right in the sweet spot; the middle of it all. The price will either move up and stay in trend or retrace down back to support but like I said I think the Euro may be heading higher than the US Dollar. I also could be wrong but that's my sentiment. Also, I Incorporated yellow lines to keep you wary of these levels. These lines according to my calculations will be points of where many traders will be making trading decisions due to economic events, technicals analysis or whatever it may be but these points will experience a high level of volatility so be careful. Key Tip: Take some time to look at the bigger picture instead of what's sitting right in front of you. Good luck trader. P.S. If you liked my idea please share it and help the next person in need of trading advice, thank you!
Long
by austinlmkc
Longterm view on GoldPretty self explanatory, shaded areas are where I think price will turn, based on unfilled orders existing right outside those candles. I'm particularly convinced by Jim Rickards(youtu.be), who argues that gold will go through a severe re-pricing whenever the relentless expansion of central bank balance sheets overwhelms the low-yield, deflation-biased economy we're currently in. QE/Stimulus does not work (currently ECB/JCB have been buying ~$200b worth of stuff EVERY MONTH) and all that misspent capital will have to be accounted for one way or another, ultimately through inflation. We're going to experience an inflationary episode much like the 70's when the dollar depegged from gold and the world became pure fiat, except the paradigm shift this time around is for permanent money creation to become the norm, aka helicopter money, which arguably is a more sensible form of money (read here: en.wikipedia.org(1860s_money)). When the debts placed upon us become monetized by the very central banks they originate from, it will be known that deflation is dead, and there will be nothing stopping inflation from taking over and reclaiming all that misspent capital. Now is a risky time to go long general bonds/equities, focus on preserving wealth rather than chasing yield. %5-10 in physically owned gold makes fine sense as insurance against severe market, rare as their occurrences may be, and the price currently seems quite fair. Gold made a drastic climb up from 1050 to 1250, assuming 1050 is a reliable floor the worst we'll see for gold going forward is probably the 1090-1120 range. Although, it's totally possible the ComEx paper market gets slammed for whatever reason, if they are that bold then I don't really expect anything worse than 900. If you buy physical gold you shouldn't have any plans to sell it for at least three years.
FX:XAUUSDLong
by pjlbtv
The Dollar Paradox Pt. 1: Unintended ConsequencesIt is clear that the U.S. dollar has been one of the biggest hedge fund crowded trades, and still remains despite recent pullbacks in the greenback. And, although, the DXY saw a violent decent following last week's dovish FOMC-minutes report, there is still an underlying dynamic that supports a much higher dollar. History may not repeat, but it often rhymes. And, those who look back into historical context for potential clues of today should find interest in the "Law of Unintended Consequences." This concept dates back to John Locke, who discussed the unintended consequences of interest rate regulation in his letter to Sir John Somers, Member of Parliament during the 17th century. In 1936, socialogist Robert K. Merton wrote "The Unanticipated Consequences of Purpose Social Action," which discussed unintended consequences of deliberate acts intended to cause social change. We don't have to look any further to globalized manipulation of interest rates by central banks with the sole purpose to deliberately change actions (or inaction) of consumers. Low interest rates have been designed to force those into riskier assets who may not have accumulated previously. The suppression has also "enticed" individuals to buy homes, cars, take on student loans and other interest rate sensitive loans to unsustainable levels, essentially robbing tomorrow's growth to consume today. Furthermore, market participants are underestimating the ongoing global currency debasement on the race to zero. Since the financial crisis - on a global scale - there has been $12.3 trillion (and growing) in quantitative easing and 650-plus (and growing) rate cute. Yet, central banks are unwilling to admit their policies have failed. And they won't. In Merton's paper, he stated that ignorance stems from unintended consequences. Those that are objective ponder why economists are consistently wrong and never forecast recessions (Fed included). There is a degree of ignorance that shields them off from from anticipating the potential from future events, thus this leaves their analysis incomplete. Moreover, short-term interests are clearly overtaking long-term interests. As former Dallas Fed Reserve Bank President Dick Fisher has stated on TV numerous times, the Federal Reserve front-loaded risk appetite in order to develop a "wealth effect." Instead of focusing on longer-term solutions for the growth of American, it was imperative for the Fed to spoon feed quantitative easing to investment banks and their crony peers. The hubristic nature of Ben Bernanke, Janet Yellen, Mario Draghi or Haruhiko Kuroda in believing they can manipulate "free" markets like a volume dial on a radio is foolhardy and create unintended consequences that will cause a panic buying of the global reserve currency, the U.S. dollar. Stay tuned for additional Dollar Paradox additions. Please feel free to comment and share charts! And follow me @Lemieux_26 Check my posts out at: bullion.directory www.investing.com www.teachingcurrencytrading.com oilpro.com
TVC:DXY
by CommoditiesTrader
6