January 2026

The USDJPY fell over 200 pips just before the close on Friday, and has weakened another 200 pips since the new trading week started. The main driver is speculation that the BOJ (Bank of Japan) has intervened in the market, or that there…
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A new year, but it seems the same story as we begin 2026 with the threat of more tariffs. The ongoing saga over a fresh trade war in 2026 shows no signs of stopping.  Markets have already shown signs of turmoil and volatility in response…
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The Dow managed to restore strength after US president Donald Trump abandoned his tariff threat against Europe, easing trade-war concerns. As we see from the chart, the market is facing the first support around 48750 and if…
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Gold hit the first target today at 5000 as the second target remains towards 5200. As we see over the chart, prices face supports at 5030 and 4960-65 as one of those supports could advance the wave towards the second target at…
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Oil closed at target and resistance of 62.60 before dropping rapidly after President Donald Trump signalled that he might hold off on attacking Iran for now. As we see over the chart, prices still face support at 58.80, where if…
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USDJPY fell below 157.30-60 last Friday and managed to hit targets 155.60 and 154.35. As we see over the chart, the market is facing support at 153.60 which could give the chance for a move higher. Below 153.60 more of a drop…
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GBPUSD met the target of 1.3610-40 and broke above it. As we see from the chart, prices now face support around 1.3560-1.3610 which could keep the door open for an advance towards 1.3788 and 1.4000. Below 1.3560 more of a drop…
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The Euro managed to break above the resistance of 1.1810 last Friday to add more advance on the market open. As we see over the chart and as long as the market holds above the 1.1730-60 support, more advance will be expected…
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(EURUSD ) The euro hitting resistance (EURUSD ) The euro pulled higher after bouncing past the 1.1700 level. The pair is testing the mid-1.1750 area once again as price action attempts to get back on track. From the start of the year,…
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