Bitcoin is on the verge of correcting its rise .Bitcoin is currently in decline.
The British pound experienced a sharp decline against the Japanese yen during the European session, but U.S. data later drove it into a strong upward trend.
Canada relies heavily on oil exports, so any drop in oil prices can weaken the Canadian dollar, while U.S. GDP growth or a decrease in unemployment strengthens the U.S. dollar.
"Black gold is heading back into a downward trend—stay cautious."
DOWN USDJPY FROM THIS POINT "The Euro against the Yen is likely to drop from this point based on a serious analysis."
"Since yesterday, gold has reached the bottom of its downward trend and is set to surge upward."