Trading plan for 14/02/2018:
The Wednesday’s session in the forex market in Asia was a bit like the yesterday’s trading in Europe, that is, it left the US Dollar under the pressure of sales. USD/JPY had a temporary spike down under 107, and NZD found power in the inflation expectations. The stock market moves in different directions. Crude oil is based on the negative indications of the API report. On Wednesday, 14 February, the event calendar is quite busy in important data releases. The market participants should keep an eye on German Final Consumer Price Index and Preliminary GDP data, Eurozone Industrial Production and GDP data, and during the US session, on Consumer Price Index and Retail Sales data from the US.
Bitcoin analysis for 14/02/2018
South Korea is currently considering a licensing system for cryptocurrency exchanges, which looks like a large turnover of shares after previous information, to prove the ban on stock exchanges.