The Week in FX and Crypto: January 13, 2026

30 Years of Market Structure, Distilled Weekly.

In This Issue

  • First full week of 2026: Low vol environment

  • BTC: Resistance Holding at 94-95K

  • EUR/USD: Bearish reversals until Monday's bullish turn

  • Gold & Silver: Making all-time highs

  • Week Ahead: Key levels and what to watch

Market Structure Update

USD Index & Major Pairs:

Low volatility to start 2026 - typical for first full week of the year. Liquidity normalized. Risk-on tone with stocks up, FX pairs consolidating. Watching for volatility pickup as institutions fully return.

BTC:

Resistance at 94-95K (flagged July 5th) held perfectly. Multiple bearish confluence: reversal bar, bearish divergence, close back inside Bollinger Band.

Traded down to 89k- 5K+ move from the resistance zone.

Key levels: 78K support / 98K resistance. Range-bound until clean break.

EUR/USD:

Multiple bearish reversals since late December high. Every rally rejected - until Monday's bullish reversal toward 1.1700.

Momentum had been diverging (rising on lower price lows) - signaling downside exhaustion. Strong reversal to start the week.

Gold & Silver:

Both making all-time highs this week. Silver broke above $80 pivot - negating prior bearish structure. Precious metals showing coordinated strength into 2026.

PRIVATE GROUP OPENING MARCH:

Live market structure analysis from institutional desk perspective. FX, crypto, futures.

Example last week: BTC resistance at 94-95K flagged Monday morning with full breakdown. Topped 94K, 5K+ move.

This is the daily analysis approach.

First 25 spots: $300/month locked forever. Standard: $600.

Educational only. Not trade recommendations.

Week Ahead

Key Levels:

BTC: 85K next support (Lower Bollinger Band) / 78K major

EUR/USD: Watching follow-through after Monday's reversal

Gold & Silver: All-time highs - continuation or pullback?

Key Events:

Second full trading week of 2026

Watching for volatility expansion

Early year chop typical

Focus:

Range-bound environment across major pairs. Patience required when structure isn't clear.

BTC example this week: Flagged 94-95K Monday with confluence mapped. Held perfectly, 5K+ lower. Waiting for confirmation vs forcing trades.

Allocation Update

The systematic allocation continues scaling following successful December launch. Model finished 2025 with strong double-digit returns. Now trading at increased size - institutional validation of the approach entering 2026.

Next Tuesday: Weekly market update.

— Mark

Meridian Compass is brought to you by Mark Schaefer, a portfolio manager with over 30 years experience developing and trading systematic strategies in global futures and FX at major banks and hedge funds.

IMPORTANT DISCLAIMER

This newsletter is for educational purposes only and does not constitute investment advice, trading recommendations, or solicitation to buy or sell any financial instruments. All content represents the author's personal opinions and experiences and should not be construed as professional financial advice.
Trading involves substantial risk of loss and is not suitable for all investors. Past performance does not guarantee future results. All trading examples and performance figures are for illustrative purposes only and may not reflect typical results.
The author may hold positions in currencies discussed in this newsletter. Readers should conduct their own research and consult with qualified financial advisors before making any investment decisions.
By reading this newsletter, you acknowledge that you understand these risks and agree that the author and Meridian Compass are not liable for any trading losses or damages that may result from using this information.