Forex News Bitcoin Holds above the $5K Level

Bitcoin Holds $5K


EURUSD has performed a minor correction gaining 0.1% in the last session the RSI remains neutral.

Crude oil has shown consecutive gains in recent sessions up 1.1% in the last session the ADX remains positive.

Bitcoin has gained an impressive 4.3% in the last session continuing a 5-session thrust and holding over the 5K mark.

Gold prices remain sleepy edging up a mere 0.1% the ATR is signaling low volatility.




Top Forex News Economic Events

US factory orders will be released at 14:00 GMT

Japanese Eco Watchers survey current at 5:00 GMT

German Exports at 6:00 GMT

German Trade Balance at 6:00 GMT

Eurozone Centex Investor Confidence at 8:30 GMT

Canadian Building Permits at 12:30 GMT


In other Forex News:

Global stocks rose to a fresh six-month high after concerns about an economic slowdown were lessened by US labor market data.

British home prices rose slightly more quickly in the first three months of 2019 in annual terms, but future growth remains uncertain.

EURUSD is subdued despite German industrial orders which climbed to 0.7% edging above the forecast.