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Tuesday, 14 November 2017

Bitcoin analysis and trading plan for 14/11/2017:

 Trading plan for 14/11/2017:
The major currencies consolidate on Tuesday, with the exception of the NZD, which loses for no apparent reason. USD/JPY reached 113.60, the EUR/USD hit 1.1670. Pound managed to pull back after Monday due to political factors, although today in the morning we can see a return of pressure and the GBP/USD down to 1.31. Outside FX, the stock market in Asia is flat, similarly oil, and gold is slightly losing. 
On Tuesday 14th of November, the event calendar is busy with the important news releases and various central bank representatives speeches. During the London session, Germany will issue GDP preliminary, ZEW Economic Sentiment and Consumer Price Index - EU Harmonised data, Switzerland will post Producer and Import Prices data, the UK will present Consumer Price Index data and Eurozone will post ZEW Economic Sentiment, revised GDP and Industrial Production data. During the US session, the PPI and Core PPI data will be published. The speakers of today are: BOE Governor Mark Carney, ECB President Mario Draghi, BOJ Governor Haruhiko Kuroda and Federal Reserve Chairperson Janet Yellen.


 Bitcoin analysis for 14/11/2017:
Every success of Bitcoin is related to the predictions of its fall. 

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