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Ifo data also highlighted slowing. Their Business Climate indicator fell to almost 3 years lows
FTSE100 fell by 2.5% at the beginning of the week and could not turn to growth due to the strengthening of the pound. Read more
Wave Analysis: #Platinum is expected to rise further and re-test the next resistance level 834.00
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Wave Analysis: #EURGBP is expected to rise further and re-test the next resistance level 0.8700
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USD came under pressure on Friday, which helped the US stock market. On Monday, Gold jumped above $1300 and even tried to move on. Despite dollar weakness, Crude Oil lost 0.8% this morning.
πŸ—“ Important upcoming events and publications for January 28 (GMT):

πŸ‡ͺπŸ‡Ί14:00, 16:00 Mario Draghi, ECB President, speaks in the European Parliament with a quarterly report on economic and monetary issues. The attention of the markets will be given to the assessment of the financial system and the future steps in monetary policy. Cautious rhetoric and β€œwait-and-see” approach can push the euro lower.

πŸ‡¬πŸ‡§ 14:30 Mark Carney, Bank of England governor, speech and the follow-up session of questions and answers together with other Monetary Policy Committee members. The main topic of the forum is the future of money, but the answers to questions about the near future of monetary policy after Brexit may cause an increase of market interest and a surge of volatility.

Visit https://fxpro.news/economic-calendar/ for more details.
Technical analysis suggests that we saw "bullish absorption" on EURUSD on Friday. This is a signal for the reversal to growth. However, this technical signal will have to undergo a series of test from fundamental data.
πŸ“ China - USA trade talks
πŸ“ Possible new vote for the Brexit plan in the U.K. Parliament
πŸ“ The Fed rate decision
πŸ“U.S. Employment report

Any of these events have the potential to generate a new trend in the markets. All together they can lead to serious messy on markets.
Wave Analysis: NZDCAD is expected to rise further and re-test the next resistance level 0.9230
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Wave Analysis: Gold is expected to rise further and re-test the next resistance level 1325.00
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The euro and yen are strengthening against the dollar amid declining stock indices on the signs of world economic growth slowdown.
πŸ—“ Important upcoming events and publications for January 29 (GMT):

πŸ‡ΊπŸ‡Έ 14:00 U.S. Case/Shiller House price index for the 20 largest metropolitan regions is a very reliable, albeit quite lagging indicator. The data for November will be released today, and it is expected the index to maintain the annual growth rate at 5.0% after seven months of decline from 6.8%. The further slowdown can put pressure on #USD, as the attention of market participants will switch to signs of slowing growth.

πŸ‡ΊπŸ‡Έ 15:00 U.S. Consumer Confidence indicator is expected to continue its decline after multi-year peak levels it reached at the end of the year. On average, market analysts are expected the index to drop from 128.1 to 125.0. A sharper drop could have significant pressure on #USD, stressing that the peak of the growth rate was left behind. The higher performance, on the other hand, can inspire markets to buy dollar assets.

Visit https://fxpro.news/economic-calendar/ for more details.
EURUSD pair is stuck in the range 1.13-1.15, turning on Friday from the its bottom . The technical analysis supporters may note that the pair reversal on Friday is a β€œbullish takeover.” Such a model on the market is a sign of further growth of the currency pair. However, it is worth being careful to follow this candlestick pattern as the situation will most likely get hotter, and the EURUSD growth model will have to undergo several fundamental checks
Markets cautiously started very eventful week

A large number of important news reinforced the foreign exchange market volatility at the end of last week. The dollar index failed to continue to grow on Friday, losing more than a per cent, rolling away from the January highs. Despite the calm nature of trading, the US currency continued its cautious retreat. Read more
Bitcoin falls below $3,400 along with the trading volumes growth, which is often a sign of increased interest in sales and can send this currency to this year lows. Traders should remember that the darker the mood and the stronger the sales, the higher the potential and the better the moment to enter the market, for one who does not doubt the viability of this sector
Bitcoin's decline with enthusiasm

In the case of maintaining sales pressure and trading volumes growth for Bitcoin, the next target for the bears may be as low as $2,000 area. Read more
Wave Analysis: EURCHF is expected to rise further and re-test the next resistance level 1.1400
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Wave Analysis: Silver is expected to rise further and re-test the next resistance level 16.00
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GBP partially corrects its growth last week. AUD jumps on strong inflation data. Global Stock indices hold their positions ahead of FOMC
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Disclaimer: This video was published for informational purposes only and do not contain - and should not be considered as containing - investment advice and recommendations, or suggestions for performing any actions with financial instruments.

https://www.youtube.com/watch?v=iGfBGSDM9ys&feature=youtu.be
Another dramatic evening last night, as the UK Parliament votes down amendments to the draft Brexit agreement. The pound has dropped by 0.5% in the last 24 hours and the GBPUSD pair is now at 1.3070. Read more