Analyzes

Bitcoin consolidates below key moving averages, forming a bearish pennant that signals increased downside risk amid ETF outflows and weak momentum.

EUR/USD trades sideways in thin holiday liquidity while staying technically bullish above key support ahead of the release of the FOMC minutes.

EUR/USD stays in a consolidation phase and moves sideways above 1.1750 early Monday after registering marginal losses on Friday. In the absence of fundamental drivers and key macroeconomic data releases, the pair could have a difficult time finding direction heading into the New Year holiday.

The GBP/USD appears set to begin its trading around the 1.34978 ratio on Monday morning, this after finishing last week’s price action with sustained gains.

A quit Christmas holiday period was marked by wild gains and new record highs in precious metals

Day traders who dare to pursue WTI Crude Oil this coming week will see the commodity ended Friday’s trading near the 56.655 mark, slightly above last week’s finish, but that isn’t the whole story.