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USD/CAD Pullback Tests Near-Term Supports Within Uptrend Channel

January 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 more

Sterling Slips Below 2.000 Against Aussie as Technical Downturn Deepens

January 16, 2026 7:52 am
Key Moments GBP/AUD closed below 2.000 for the first time since early 2025. As a result, a key technical break is now confirmed. UK November GDP rose 0.3%, beating forecasts of 0.1%. However, the gain relied on temporary factors such as higher car production. Bearish momentum and a risk-friendly market tone point to further downside. […] Read more

BofA Sees Korean Won Rebound in 2026 Despite Ongoing FX Headwinds

January 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 more

Yen Strengthens on Intervention Talk as GBP/JPY Rally Pauses Near Highs

January 15, 2026 2:19 pm
Key Moments GBP/JPY trades around 212.35, declining for a second straight session while still hovering near multi-year highs. UK GDP rose 0.3% MoM in November, topping the 0.1% consensus and rebounding from October’s 0.1% contraction, but offered only limited support to Sterling. Technical structure for GBP/JPY remains bullish, with price above the 21-day and 50-day […] Read more

Dollar-Franc Tests Key Barrier as Bullish Structure Takes Shape

January 15, 2026 1:41 pm
Key Moments USD/CHF holds a firm bid and tests resistance near 0.8020 while extending its uptrend from late December. Strong US PPI and Retail Sales data support expectations for a Federal Reserve pause, boosting the US Dollar. On the 4-hour chart, USD/CHF trades near 0.8012 within an ascending triangle, with resistance at 0.8020 and support […] Read more

USD/ZAR holds close to lows not seen since August 2022

January 15, 2026 12:44 pm
The USD/ZAR currency pair held not far from a 40 1/2-month low of 16.3025 on Thursday, as the Rand continued to draw support from elevated Gold prices and ongoing economic reforms domestically. The Rand has advanced, as Gold scaled a new all-time high earlier this week amid heightened safe-haven demand. South Africa is a major […] Read more

Dollar Advances as Solid U.S. Data Cools Near-Term Fed Cut Expectations

January 15, 2026 12:43 pm
Key Moments The Dollar Index rose 0.1% to 98.980, positioning the U.S. currency for a modest weekly gain. Stronger November U.S. producer prices and retail sales, along with the Fed’s Beige Book, pointed to resilient economic conditions. USD/JPY held near an 18-month high, while GBP/USD ticked higher on better than expected U.K. growth data for […] Read more

US Dollar Climbs Against Canadian Peer as Data Strength and Oil Slide Align

January 15, 2026 10:50 am
Key Moments USD/CAD trades back above 1.3900, moving toward monthly highs around 1.3920 after rebounding from 1.3850. Stronger-than-expected US PPI and Retail Sales readings have reinforced support for the Greenback. Oil prices fall by nearly 2% on the day, pressuring the commodity-linked Canadian Dollar. USD/CAD Extends Recovery Toward Monthly Peak The USD/CAD pair is advancing […] Read more

Sui Eyes Potential Upside as Technical Signals Point to Key Breakout Levels

January 15, 2026 10:30 am
Key Moments SUI is trading at $1.81 with a neutral RSI of 59.33, down 1.60% over the past 24 hours. Technical models suggest an upside target between $2.07 and $2.42 if resistance at $2.00 is cleared. Failure to hold support near $1.75-$1.68 could trigger a deeper move toward the lower Bollinger Band at $1.34. Current […] Read more