{lang: 'en-US'} Bitcoin analysis and trading plan for 01/12/2017 ~ ElliottFxTrader Blog

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Friday, 1 December 2017

Bitcoin analysis and trading plan for 01/12/2017

Trading plan for 01/12/2017:
 The night was lively for the US dollar which traded on a roller coaster. The tax bill is the culprit, though the hopes of today's vote in the US Senate are not out of the question. The stock market in Asia is drawing an ambiguous picture. Crude oil is stable after the decision of OPEC. 
On Friday 1st of December, the event calendar is busy with important data releases. During the London session, the UK will post PMI Manufacturing data. During the US session, Canada will present Quarterly Gross Domestic Product Annualized, Gross Domestic Product, Unemployment Rate, Employment Change data. The US will post ISM Manufacturing PMI data. There are two speeches from FOMC members scheduled: Patrick T. Harker and Robert Kaplan. No NFP-Payrolls data today.

Bitcoin analysis for 01/12/2017:
 Audit and accounting company PwC, accepted the possibility of payment in cryptocurrencies.


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