
AUD/USD: Further gains need to clear 0.6375

AUD/USD navigated an irresolute day on Wednesday, hovering around the 0.6350 zone on the back of further gains in the US Dollar and amid some prudence ahead of the release of the Australian jobs report on Thursday.

EUR/USD: Initial contention lies at 1.0400
EUR/USD kept its bearish trend well in place for the third consecutive day on Wednesday, slipping back to the 1.0400 zone in response to further improvement in the Greenback.

Gold retreats, holds firmly above $2,920
Prices of Gold now face increasing selling pressure and recedes to the area of daily lows near the $2,930 level per ounce troy in response to the strong bounce in the Greenback, and mixed US yields.

Dogecoin price targets $0.50 as Elon Musk enters $44 billion investment talks for X
Dogecoin price gained 0.30% on Wednesday, getting close to the $0.26 resistance after four consecutive days of losses. News reports show the DOGE markets were lifted by fresh investment talks involving Elon Musk’s social media company X.
DEEPER DIVE

Maybe tariffs will be inflationary this time: Psychology now is not like it was in 2018
Tariffs are bullish bonds because the Fed will look through them and the economic confidence damage is greater than any one-time price level change. Psychology has changed and tariffs will be inflationary. Inflation is a psychological phenomenon.

Eurozone: A few reasons for the high saving rate
At the end of 2024, the household saving rate in the Eurozone was higher than it was before the COVID crisis. Among the four main economies of the Eurozone, France is no exception. Only in Spain and Italy has this trend been accompanied by an increase in investment in housing.

The new american supremacy: Technology, regionalization, and billionaire influence
The strengthening of American leadership in technology, regionalization, and billionaire influence is reshaping the global order. Recent geopolitical shifts and strategic partnerships reveal how the US is reasserting itself as a dominant force.
CRYPTOCURRENCIES

Bitcoin volatility hits multi-month lows, raising concerns of liquidation cascades
Bitcoin price has been consolidating between $94,000 and $100,000 for two weeks. Defund exchange FTX repayments on Tuesday dipped Bitcoin towards its lower boundary of the consolidating range.

Litecoin bulls target $170 mark as open interest reaches four-year high of $887 million
Litecoin price extends its gains and recovers above the $135.00 level on Wednesday, rallying over 7% so far this week. LTC’s open interest hints at a continuation of the rally as it reaches the highest level since May 12, 2021, of $887 million.

Maker Price Forecast: MKR generates highest daily revenue of $10 million
Maker price extends its gains by 6%, trading around $1,189 on Wednesday after rallying more than 20% so far this week. On-chain data support a bullish move ahead as MKR generated a new yearly high in daily revenue, and funding rate data is positive.
STOCKS

Walmart Earnings Preview: Q4 results expected on Thursday Premium
Walmart is among the major concerns offering earnings results this week and the foremost among DJIA components. Walmart will release results for the fiscal fourth quarter ending in January on Thursday morning.

Why this sector is performing three times better tech stocks
Financial stocks have outperformed tech stocks over the past 12 months and YTD. Technology stocks have been the dominant performers over the long term, but in the past year or so, there has been a shift.
WEEKLY FORECAST

EUR/USD: Optimism and central banks’ imbalances open the door for additional gains Premium
The EUR/USD pair gapped lower for a second consecutive week, falling to 1.0276 on Monday, yet managed to change course mid-week, finishing it at around 1.0500 and near fresh two-week highs.

GBP/USD: Pound Sterling recovers amid Russia-Ukraine prospects, Trump’s postponed tariffs Premium
The Pound Sterling (GBP) extended the recovery from 14-month troughs against the US Dollar (USD) as the GBP/USD pair reclaimed the 1.2500 threshold.

US Dollar: Cupid took the day off Premium
Another dreadful week for the US Dollar (USD) saw the currency slip back into the sub-107.00 region for the first time since mid-December, as measured by the US Dollar Index (DXY).

Gold: Bulls ignore overbought conditions Premium
Gold’s (XAU/USD) relentless uptrend continued, carrying the price to a new record high above $2,940. The economic calendar will not offer any high-tier events that could impact Gold’s valuation, leaving the yellow metal at the mercy of political and geopolitical headlines.

Bitcoin: BTC consolidates before a big move
Bitcoin price has been consolidating between $94,000 and $100,000 for the last ten days. US Bitcoin spot ETF data recorded a total net outflow of $650.80 million until Thursday.

Week ahead – Fed Minutes, RBA and RBNZ decisions in focus
After Powell and CPI data, dollar traders turn to Fed Minutes. RBA to cut rates by 25bps, focus on forward guidance. RBNZ may opt for a third consecutive 50bps rate cut. UK, Canadian and Japan’s CPI data also in focus.
EDUCATION
