Outlook Bitcoin Breaks through $7K Bitcoin Remains On the Defensive

Outlook Bitcoin Breaks through $7K

Outlook Bitcoin Breaks through $7K

Blockchain
March 5, 2018 by admin
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EURUSD has performed a minor correction gaining 0.3% in the last session stochastic remains positive. The price of gold has lost 0.1% in the last session the stochastic RSI is currently neutral. USDJPY has shown steady depreciation in recent sessions falling 1.3% the CCI enters the oversold territory. Bitcoin has gained 10% in three sessions percent of the last session the ATR remains in the high volatility zone
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Outlook Bitcoin Breaks through $7K Bitcoin Remains On the Defensive EURUSD has performed a minor correction gaining 0.3% in the last session stochastic remains positive.

The price of gold has lost 0.1% in the last session the stochastic RSI is currently neutral.

USDJPY has shown steady depreciation in recent sessions falling 1.3% the CCI enters the oversold territory.

Bitcoin has gained 10% in three sessions percent of the last session the ATR remains in the high volatility zone.

Eurozone’s Industrial Production will be released on Tuesday at 9:00 GMT

Eurozone’s GDP is Wednesday at 9:00 GMT

US Retail Sales Wednesday at 12:30 GMT

Australian Unemployment Rate Thursday at 1:30 GMT

US Initial Jobless Claims Thursday at 12:30 GMT

Eurozone CPI Friday at 9:00 GMT

Nouriel Roubini clashed with Novigrad stating that crypto is the mother and father of all bubbles at a conference in New York.

Wall Street fell as tensions heated up ahead of a make-or-break us-china trade meeting as the outcome could threaten global growth.

The FTSE has resumed its downward spiral as investors get spooked by the prospects of post Brexit tariffs

 

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