Evening Insights: Monday, January 12, 2026
Current market quotes
| XAUUSD | 4,609.00 | +2.20% |
| EURUSD | 1.1690 | +0.51% |
| USDJPY | 157.80 | -0.07% |
| BTCUSD | 90,604 | +0.21% |
Short outlook by currency pair
XAUUSD
Gold continued its strong rally and marked another all-time high at $4,609. The bulls clearly control the market, and the further breakout above the recent record opens the door for further upside, while support stays now around $4,550.
EURUSD
EURUSD rallied 0.5% intraday after Donald Trump had threatened the current Fed Chairman Jerome Powell with criminal charges. The US dollar dipped 0.43%, letting the euro gain momentum.
USDJPY
USDJPY has been trading in a tight range and remains highly sensitive to the dollar’s behaviour and overall risk management. A break above 158.200 could open the way towards 160.00. However, a failure to break higher may trigger a pullback toward 157.20.
BTCUSD
Bitcoin is holding within a $90,000–$92,000 zone. The pair stays neutral with a cautious bullish bias. It is stable and resilient, with upside potential should the risk appetite improve.
Market sentiment
Today, the markets are driven mainly by uncertainty around the US economy and politics. Tensions between the White House administration and the Federal Reserve increased volatility. As a result, the greenback is under pressure, and safe-haven assets are in demand. The market stays cautious but active.
