TRADING PLAN AND BITCOIN ANALYSIS FOR 25/01/2018 [ENG]

Trading plan for 25/01/2018:

Asia joined to the US Dollar sell-off, although the first bars of trade in Europe bring some sort of a rebound. Inflation from New Zealand clearly disappointed by hitting NZD. EUR has a big day ahead with the ECB meeting. Nikkei 225 lost 1.1% and Hang Seng fell 0.4%. On Thursday 25th of January, the main event of the day is the ECB Interest Rate Decision and Press Conference, but there are other important data scheduled for release, like German Ifo Business Climate data, Canadian Retail Sales data and Goods Trade Balance and Unemployment Claims data from the US

Read more: https://www.instaforex.com/forex_analysis/108244

Bitcoin analysis for 25/01/2018:

The ongoing World Economic Forum (WEF) 2018 has so far produced negative opinions about Bitcoin because economists, including Joseph Stiglitz, are preparing to proclaim the superiority of fiat money.

Read more: https://www.instaforex.com/forex_analysis/108246

About the author

Sebastian Seliga

Aktywny trader, analityk, ekspert metod inwestycyjnych bazujących na teorii fal Elliott'a, geometrii Fibonacciego i nie tylko.

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