In the Weekly Forex Forecast for the week of 01/12, we will be looking at the potential movements of Bitcoin and the EUR/USD currency pair.
Bitcoin has been showing some strong bullish momentum recently, with prices reaching new highs. Traders will be keeping a close eye on key support and resistance levels to determine the next direction of the cryptocurrency.
On the other hand, the EUR/USD pair has been trading in a range-bound pattern, with prices consolidating around a key level. Traders will be looking for a breakout in either direction to capitalize on potential trading opportunities.
Overall, both Bitcoin and the EUR/USD pair are showing interesting price action, and traders should be prepared for potential volatility in the coming week. Stay tuned for updates on these markets and happy trading!