Now that the holidays are finally over I hope the range will also finally end.

Don't be fooled by the FED's hawkish swagger. They need to keep the value of the US$ low to keep up with Chinah. I think until then, there will be lots of horizontal movements and not much trending.

Inflation is here to stay. We can expect commodities go up and the currencies of the countries that produce them.

Papybillou wrote: Sat Jan 08, 2022 11:31 am The sovereign debt crisis is approaching.

Never let a good crisis go to waste

Are you guys trading this range?

Finally, a breakout! Also, there's a bullish hammer candlestick on the monthly time frame at 1.1200, so this move north may end up being pretty significant.

It's testing the resistance at 1.1480 and I think we may see some pullback before the move north continues.

Finally coming down at last.....

Personally, I think it will test the breakout level and then rally again.

I hope next week the rally will continue, it would be terrible if it goes back into the range.