Jan Aldrin Laruscain

Summary:The minutes of the FED December meeting is officially out—and the FED are now likely to slow their pace on hikes for now after seeing modest growth on spending, production, and job gains. Further inching them closer to the targeted 2% inflation.

As the old popular saying would go, “Last year I failed—this year I learned; Next year, I am rising”, that is certainly the case for the FX market’s most traded currency pair. EURUSD went from the Euro absolutely pounding the dollar; to the dollar bringing the Euro to 1:1 price ratio all in 2 years.

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GBPUSD to strike 1.16800s! GBPUSD ended the week in green following strong fundamental drivers supporting in favor of the Pound as UK consumer index increases—which contributed greatly to UK Retail Sales. However, these data releases weren’t enough to fuel the monthly resistance break as the US also

After over 4 years of back and forth over at GBPUSD, we have come yet again on another crucial deciding point. Will the market head to 1.14000 or would maintain its sails to keep ranging between 1.21000 to 1.41000? That is up to later’s NFP

Following a theoretical approach to gold, we are expecting price to push further up until it taps into the weekly key area along the stronghold of $1780. Until it reaches that level, taking longs are a very probable choice to take. 

In the 4 hour timeframe, we could confirm that a possible bullish upswing is highly probable following a break and retest on the daily level and multiple break of structures.

On the weekly timeframe, Gold is seen breaking through multiple structures--ignoring much of support and resistance levels.

The narrative behind BTC’s meltdown is the continuous institutional outflows on crypto--following the averse attitude of investors on risk assets.