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BTCUSD is trading in a textbook example of an impulse. We see price recovering since 5926 low in five waves, with current blue wave v reaching for 12088/13041 zone.
USD index as we know is negatively correlated to the EURUSD, so as we think that price may unfold a flat pattern on EURUSD, then we also have to be prepared for a possible flat on the USD Index.
Find futures trading levels & economic reports for February 20th 2018. Also, read the most common pitfalls to avoid when trading futures-commodity futures.
The S&P500 (ES) is tiring going into the European morning after retracing 61.8% of the drop that began late January. Significantly, ES is forming a weekly red Doji, and its 3rd straight daily Doji.