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Thursday, 26 October 2017

Bitcoin analysis nad trading plan for 25/10/2017

Trading plan for 26/10/2017: 
The currency market drifted during the Asian session, but a fall on Wall Street is sustained by the temporary weakness of the USD. EUR is slightly higher before the ECB interest rate decision. Nothing interesting happens on the oil market, while gold uses the dollar's weakness and extends the bounce. 
On Thursday 26th of October, the main event of the day is the anticipated ECB interest rate decision and press conference. Moreover, market participants will pay attention to the Eurozone Money Supply data and during the US session to Unemployment Claims, Goods Trade Balance and Pending Home Sales data from the US.



Bitcoin analysis for 26/10/2017: Cointelegraph reported yesterday that the largest US digital currency stock exchange Coinbase will continue to refer to BTC as "real" Bitcoin, while SegWit2x as "B2X" will be treated equally with the altcoins.

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