On June 1st 2019 we published the analysis: in which we proposed the following scenario: Bitcoin finding itself at a significant distance from any support it is hard to believe that the major June thrust should extend higher without an intervening price consolidation. Bitcoin should retreat in the aforementioned price area with $7,000 being the […]
Before / After Analysis – Bitcoin – Wake me up when 2018 Ends
In June 2018 we published: in which we proposed the following scenario for Bitcoin in US dollar: On a semi-log price chart the rise from $152.40 in Jan 2015 to $19,666 in Dec 2018 shares similarities with the previous increase from $2.22 in Oct 2011 to $1164 in Nov 2013 (Bitstamp price history) with both […]
Which is the strongest Currency, the Japanese Yen or the Swiss Franc?
Looking to open new short positions against weakest currencies (AUD, NZD, CAD, GBP) by the opening of the week, month, quarter and semester we are now hesitating between selling them against the Swiss Franc (CHF) or the Japanese Yen (JPY). Now the question that arises is, which of the two is the strongest and expected […]
The Only Way is Down for the British Pound Sterling
Summary The British Pound is in a secular down trend against the US dollar that should not end until the exchange rate retests the 1.035 historical low marked in 1985 and possibly moves lower to reach parity. The rate is bearish on all time scales from the daily to the 2-year duration and a bearish […]
Before / After Analysis – USDZAR – March 2018 and beyond
On 1 March 2018 we published: In which we commented: The South African parliament vote to expropriate white farmers without compensation opens the door to runaway monetary inflation and the demise of the Rand currency. We expect to see the USDZAR correction to have ended here and the ZAR to massively depreciate in the coming […]
Turkish Lira ( TRY ): The Pain Ain’t Over
The Turkish Lira is in free fall and the trend does not appear to be ending any time soon with its exchange rate against the world’s major currencies accelerating as exemplified here below. Turkish Lira / Japanese Yen Monthly Exchange Rate Swiss Franc / Turkish Lira Exchange Rate US Dollar / Turkish Lira Monthly Exchange […]
The Euro ( EUR ) Should Weaken Against The US Dollar ( USD ) Until The...
Ripple Attempting A Bounce On Support After Lower Low, If Succeeds Wil...
Autocratic Vote from the South-African Parliament Opens the Door to Ru...
Bitcoin Breaking Out From Daily Falling Wedge with Short Term Potentia...
Something’s Fishy: Tether, Auditor “Dissolve Relationship” According t
Something’s Fishy: Tether, Auditor “Dissolve Relationship” According to Rumors Reports surfaced Saturday night that Tether and their auditor, Friedman LLP, had dissolved their relationship. Due to the weekend, independent confirmation has not been received. Calls to Friedman LLP have gone to voicemail. Published on COINTELEGRAPH, Jan 28th, 2018 Read more…
