Bitcoin analysis and trading plan for 12/12/2017

Trading plan for 12/12/2017:
 Tuesday’s trade in FX is calm and investors have reduced their activity, waiting for more interesting events of the second part of the week. The main markets are moving sideways. EUR / USD drifts at 1.1770, USD / JPY remains close to 113.50, and GBP / USD fluctuates at 1.3340.The NZD remains the leader, pulling AUD with it. The equity market is correcting Monday’s rises. Crude oil sustains rally caused by information on disruptions in production. 
On Tuesday 12th of December, the event calendar is quite busy with various economic data releases. During the London session, France will publish data, the UK will present Consumer Price Index data and Germany will post ZEW Economic Sentiment data. During the US session, the US will post PPI index data and Federal Budget Balance data. ECB Chair Mario Draghi speech is scheduled at 07:00 pm GMT.

Bitcoin analysis for 12/12/2017:
 There are many stories about lost and long-lost Bitcoins that are worth a fortune today. The Bulgarian government may just be holding bitcoins seized a few months earlier, worth as much as about 18% of the country’s debt

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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