Monthly Archives: January 2026
EUR/JPY pair stays around 184.15 while facing resistance above 185.00
Written on January 20, 2026 at 6:27 am, by davin
EUR/JPY stabilizes around 184.15, with resistance at 185.00 ahead of Japan’s snap elections. Traders should prepare for volatility and consider strategies for potential upward momentum or sudden downturns. – vtmarketsmy.com
As the UK prepares to release labour market data, GBP/USD stays steady around 1.3430 amid general caution.
Written on January 20, 2026 at 6:26 am, by davin
The ILO forecasts a slight drop in unemployment to 5%, while GBP/USD rises amid US-EU tensions over tariffs and Greenland. Traders may consider hedging strategies before key economic data releases. – vtmarketsmy.com
Elliott Wave Theory predicts that the DAX Index will continue to rise.
Written on January 20, 2026 at 6:26 am, by davin
The DAX Index hit a new high of 25,507.79, now in a corrective phase. As long as it stays above 23,927.96, expect a bullish comeback—it’s a buying opportunity! – vtmarketsmy.com
The US dollar weakens, causing the Australian dollar to rise in value
Written on January 20, 2026 at 6:26 am, by davin
The Australian Dollar gains as the US Dollar weakens amidst US-European tariff tensions. Strong inflation and commodity prices support AUD, signaling potential trading opportunities, despite geopolitical risks. Stay vigilant! – vtmarketsmy.com
GBP/USD remains stable around 1.3430 as traders anticipate UK employment data
Written on January 20, 2026 at 5:26 am, by davin
GBP/USD holds steady around 1.3450 as traders await UK labor data. US tariffs and cooling job growth pressure the dollar, while inflation and policy divergence shape future trading strategies. – vtmarketsmy.com
EUR/USD stays near 1.1640, showing little momentum while testing the nine-day EMA around 1.1650
Written on January 20, 2026 at 5:26 am, by davin
The EUR/USD pair struggles near resistance at 1.1645, showing diminishing momentum and a bearish outlook. Traders should watch for potential declines below 1.1589, favoring dollar strength. – vtmarketsmy.com
Silver price (XAG/USD) drops to around $93.60 after reaching a record high due to profit-taking
Written on January 20, 2026 at 5:26 am, by davin
Silver prices retreated to $93.60 due to profit-taking after a record high, with geopolitical tensions driving safe-haven demand. Traders brace for volatility amidst upcoming jobless claims and Fed decisions. – vtmarketsmy.com
The Canadian dollar weakens as oil prices drop, with USD/CAD around 1.3870
Written on January 20, 2026 at 5:25 am, by davin
Oil prices are dropping due to US-EU tensions, impacting the Canadian Dollar. Prepare for volatility as upcoming tariffs could shift markets. A bullish USD/CAD position may be favorable. – vtmarketsmy.com
PBOC sets the USD/CNY reference rate at 7.0006, which is lower than before
Written on January 20, 2026 at 4:27 am, by davin
The People’s Bank of China set a weaker USD/CNY rate at 7.0006, signaling possible economic support. Analysts expect continued yuan depreciation as officials respond to sluggish GDP and export figures. – vtmarketsmy.com
NZD/USD pair drops to around 0.5790 despite Trump’s tariff threats, with limited downside expected
Written on January 20, 2026 at 4:26 am, by davin
The NZD/USD dips to 0.5790 amid US tariff threats and China’s economic slowdown. Market volatility is expected, with traders eyeing New Zealand’s CPI report for potential rate changes affecting the Kiwi. – vtmarketsmy.com