Bitcoin Analysis for 11.09.2018


The European Commission will conclude this year's regulatory assessment regarding the management of cryptocurrency resources. Speaking at a press conference following the meeting of the Economic and Financial Council, Valdis Dombrovskis, Vice-President of the European Commission, said that member states support changes in the regulations governing the activity of the cryptocurrency industry in the economic region: "We also had a good exchange of views on the subject of crypto-assets.

Forecast and technical analysis EURUSD on September 05, 2018.


EURUSD: bulls trying to turn the tide

On Tuesday the 4th of September, trading on the EURUSD pair closed slightly down, although the rate dropped as far as 1.1530 during the US session. The pair hit a new low after a strong ISM manufacturing PMI report for the US. The index came out at its highest since 2004. The value for August was 61.3 against a forecast of 57.6 and a previous reading of 58.1.


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