Daily News | Fed inflates its balance | 21.01

Crypto market sheds 3%.
The major Cryptocurrencies performed a strong correction downwards.
The Cryptocurrencies continue showing high volatility, even during the weekend, with most currencies correcting approximately 3% downwards.

Fed inflates its balance.
US Dollar faces southern fundamental headwinds from the Fed.
The fundamental outlook for the US Dollar remains unfavorable considering the Fed plans to keep inflating its balance sheet.

Anti-Fiat headwinds in Davos.
Gold prices may rise if Davos forum, IMF outlook spur easing bets.
Gold prices may rise if commentary from officials at the Davos forum kindle easing bets and inflame demand for anti-fiat hedges.

USD/JPY
USD/JPY has traded sideways in the last session.
The Dollar-Yen pair has traded sideways in the last session. The Stochastic-RSI enters the negative area.

Gold
XAU/USD has gained 0.3% in the last session.
The price of gold has performed a minor correction, gaining 0.3% in the last session. Stochastic remains positive.

AUD/USD
AUD/USD has lost 0.3% in the last session.
The Aussie-Dollar pair has lost 0.3% in the last session. Stochastic currently dwells in the oversold zone.

GBP/USD
GBP/USD has fallen 0.5% in the last session.
The Sterling-Dollar pair has shed 0.5% in the last session. The ROC remains negative.