If the Bank of Canada does follow through with the forecast to raise the interest rate it could later cause Gold prices to drop according to Iliya Spivak Sr. Currency Strategist for Daily FX. https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2018/01/17/Gold-Prices-May-Fall-if-BOC-Signals-More-Rate-Hikes-on-the-Horizon.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:commodities

Japanese shares managed to push higher while the EUR broke a 3-year resistance with positive sentiment created by Germany’s recent commitment to provide funds for EU economic recovery. Last week was filled with nice surprises. https://www.reuters.com/article/us-global-markets/asian-shares-hit-record-high-euro-near-three-year-top-idUSKBN1F501C?feedType=RSS&feedName=topNews

From the weekly point of view, the U.S. dollar is doing exactly what it should be doing. But at the end of last week, I had some hope it might turn. Now the picture has changed and it no longer even looks like it might be getting ready to turn. https://www.dailyfx.com/forex/video/daily_news_report/2018/01/16/Dollars-Pain-Continues-Despite-Holiday-Positioning-Hits-Extremes.html?

Cryptocurrencies are still in worldwide sentiment limbo with each day’s latest news confusing potential investors who are uncertain about the future. https://www.cnbc.com/video/2018/01/09/ripple-falls-5-percent.html

Who knows where Bitcoin will be by the time it becomes a teenager or if it might die a young death before reaching that age. But for the die-hard enthusiasts, many believe it will be here forever. https://www.cnbc.com/video/2018/01/03/happy-birthday-bitcoin.html

I always like reading headlines about markets because they say things like Bitcoin jumps or recovers etc. What they don’t seem to see is that right now it is very easy to see on all crypto currencies that the move up is now a correction in a downtrend that will lead to more movement down.

https://www.youtube.com/watch?time_continue=174&v=UG7zLhEWanc

The Hong Kong trader who called this last years 4th quarter ralley is now expecting the price to go to $100,000 before the end of 2018. https://www.cryptocoinsnews.com/bitcoin-price-headed-100000-says-trader-called-q4-rally/

This week there were a couple of good continuations of the trend for the AUD USD. The pattern was easily readable from the daily on down to the 1 hour making for some good trades this week on AUD USD, EUR AUD and GBP AUD. https://www.dailyfx.com/forex/technical/home/analysis/aud-usd/2017/12/08/AUDUSD-Technical-Analysis-Aiming-to-Probe-Below-0.75-Figure.html