January 16, 2026 9:59 am
Key Moments EUR/USD has moved lower after being rejected near the upper boundary of its multi-month trading range around 1.1800/1.1830. The pair is currently testing the 200-day moving average, with Société Générale analysts flagging 1.1700 as a key resistance level that may cap any short-term rebound. Below current levels, potential support areas are highlighted near […]
Read moreJanuary 16, 2026 8:31 am
Key Moments USD/CAD trades near 1.3890 after three consecutive daily advances, holding within an ascending channel on the daily chart. The 14-day Relative Strength Index stands at 60, signaling bullish momentum while avoiding overbought territory. Key support is identified at the nine-day EMA around 1.3864 and the 50-day EMA near 1.3853, with resistance seen toward […]
Read moreJanuary 16, 2026 7:27 am
Key Moments Brent slipped to $63.55 per barrel and U.S. West Texas Intermediate to $59.04 per barrel in Asian trading at 0418 GMT. Prices pulled back after U.S. President Donald Trump indicated he would hold off on potential military strikes on Iran. Analysts highlighted comfortable supply conditions and projected range-bound Brent trading between $57 and […]
Read moreJanuary 15, 2026 2:39 pm
Key Moments Bank of America projects the USD/KRW rate at 1,395 by the end of 2026, anticipating won appreciation from current levels. Persistent retail portfolio outflows are identified as the main force pressuring the Korean won lower. A recent capital gains tax cut on foreign equity sales and potential additional incentives are highlighted as key […]
Read moreJanuary 15, 2026 1:22 pm
Key Moments U.S. equity futures inched higher as investors evaluated fresh bank earnings alongside easing geopolitical concerns. Taiwan Semiconductor Manufacturing (NYSE:TSM) surged 6.2% in premarket action after reporting stronger-than-expected fourth-quarter net profit driven by artificial intelligence demand. Boston Scientific (NYSE:BSX) dropped 3.5% after unveiling a roughly $14.5 billion agreement to acquire Penumbra to broaden its […]
Read moreJanuary 15, 2026 11:04 am
Key Moments Crude benchmarks fell over 2% in early Asian trading as supply disruption fears eased and U.S. crude stocks rose by 3.4 million barrels to 422.4 million. Natural gas hovered near $3.17 after repeated failures above $3.38, with technicals signaling ongoing downside pressure within a broader bearish channel. WTI and Brent both turned lower […]
Read moreJanuary 15, 2026 10:15 am
Key Moments Intuit shares fell more than 6% on Wednesday and are down nearly 10% so far this year, tracking broader weakness in technology stocks. However, Jefferies analysts said the recent selloff linked to AI concerns is “overdone” and reiterated Intuit as a top large-cap software pick. Meanwhile, Intuit is targeting a multi-year acceleration toward […]
Read moreJanuary 15, 2026 9:51 am
Key Moments GBP/USD traded sideways between 1.3420 and 1.3462, finishing at 1.3448 with a 0.19% gain. Short-term price action is expected to remain confined between 1.3410 and 1.3460 as momentum indicators flatten. UOB Group analysts maintain that GBP is in a broader range-trading phase between 1.3390 and 1.3520. Intraday Dynamics Point to Sideways Trading Two […]
Read moreJanuary 15, 2026 8:19 am
Key Moments USD/ZAR continues to trade deep within a descending channel, holding just above the 16.40-16.45 support band. Technical momentum and elevated South African carry are combining with a softer U.S. dollar backdrop to favor further rand gains. Base case points to additional downside toward 16.20 and 16.00, with only a move back above 17.00 […]
Read moreJanuary 15, 2026 7:18 am
Key Moments Spot gold fell 0.8% to $4,588.55 an ounce after three straight record-setting sessions. Silver and platinum saw steeper losses, with silver sliding nearly 6% to $87.74/oz and platinum dropping 4% to 2,309.52/oz. Comments from U.S. President Donald Trump on Iran and Federal Reserve Chair Jerome Powell eased safe-haven demand for gold. Gold Prices […]
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