TA Alert of the Day: USD/CAD Bulls Regain Control After EMA Crossover!
Wednesday, January 7,2026,18:42
USD/CAD shows a bullish signal as the 5 EMA crosses above the 20 EMA and price rebounds from the mid 1.36s toward the upper 1.38s, can buyers keep momentum and hold above the moving averages? .. read more..
Financial & Forex Market Recap – Jan. 7, 2026
Wednesday, January 7,2026,16:50
Risk sentiment soured on Wednesday as traders navigated oil developments, surprisingly robust services activity, & mixed signals on economic resilience and policy direction. .. read more..
Amazon Breaks Through $240: What New Traders Need to Know
Wednesday, January 7,2026,13:58
Amazon stock broke above $240 this week as AWS accelerates, Alexa+ launches on the web, and advertising booms. But tariff risks loom large heading into earnings. .. read more..
Gold (XAU/USD) Slips 1.2% Before 50-Day MA Provides Support. Acceptance Above...
Wednesday, January 7,2026,13:44
Gold (XAU/USD) price dipped 1.2% before finding support at the 50-day MA ($4419/oz), but acceptance above $4500/oz is key. Geopolitical risks (US/Venezuela/Russia tensions, Greenland acquisition talks) and softer US employment data (job openings, ADP) are underpinning the metal. Investors now focus on Friday's NFP data, which is set to be the next catalyst. Technical support is strong, but a strong NFP could threaten $4400/oz. .. read more..
US Freedom Trading is Back! – North American Mid-Week Market Update
Wednesday, January 7,2026,13:39
Mid-Week update for North-American Markets – Freedom Trade is coming back to markets ahead of Friday's US NFP. Taking a close look at NA index and currency performance combined with a USD/CAD intraday chart to spot what's next for American Markets. .. read more..
China’s Manufacturing PMI Crosses Back Into Expansion
Wednesday, January 7,2026,12:29
China’s factory sector just flashed its first green light in eight months—and forex markets are paying attention. .. read more..
Oil on Discount: WTI Nosedives as Sellers Return to the Market, What's Next?
Wednesday, January 7,2026,11:36
WTI Oil Analysis: Crude falls back after a counter-intuitive spike following the Venezuela news. We explain the "Sanctions Paradox"—how removing black market barrels initially tightens pricing—and why the volatility premium is now fading. Can structural support hold against the selling pressure? .. read more..
EUR/USD. Smart Money. Bulls Continue to Play with Fire
Wednesday, January 7,2026,11:32
The EUR/USD pair has been declining for eight consecutive days. At the moment, quotes remain within "bullish" imbalance 9, which allows us to expect a reaction to this pattern eventually. Monday ended with the formation of a "Hammer" candlestick pattern, which is often a precursor to a reversal. It would have been better if this Hammer had simultaneously taken liquidity from a significant swing. However, there are no significant swings in the area of imbalance 9. Thus, I continue to wait for a bullish reaction to imbalance 9; however, invalidation of this pattern would force the conclusion that bearish ambitions are strong. This would not turn the trend bearish, but for some time the bear... .. read more..
U.S. Factory Orders Slump Slightly More Than Expected In October
Wednesday, January 7,2026,11:21
The Commerce Department released a report on Wednesday showing new orders for U.S. manufactured goods decreased by slightly more than expected in the month of October. The report said factory orders slumped by 1.3 percent in October after rising by 0.2 percent in September. Economists had expected factory orders to slide by 1.2 percent. .. read more..
U.S. Services Index Unexpectedly Climbs To Highest Level In Over A Year In De...
Wednesday, January 7,2026,10:58
The Institute for Supply Management released a report on Wednesday showing an unexpected increase by its reading on U.S. service sector activity in the month of December. The ISM said its services PMI climbed to 54.4 in December from 52.6 in November, with a reading above 50 indicating growth. Economists had expected the index to edge down to 52.3. .. read more..
GBP/USD. Smart Money. The Pound Is in No Hurry to Resume Growth
Wednesday, January 7,2026,10:56
The GBP/USD pair has bounced off the "bullish" imbalance zone 12, which is a new buy signal. Despite the decline in the British pound's quotes last week, the bullish trend remains intact, and the bulls continue to dominate the market. Monday could have damaged the bullish chart picture, but it did not. Now all the trump cards are in the hands of buyers of the British pound, and all that remains for them is to hope for weak U.S. economic data on the labor market and unemployment this week. In my opinion, the probability of such an outcome is quite high. I would also note that there are currently no bearish signs or signals. There are no bearish patterns, nor are there any liquidity sweeps ... .. read more..
USD/JPY: Tips for Beginner Traders on January 7th (U.S. Session)
Wednesday, January 7,2026,10:52
Trade Analysis and Trading Tips for the Japanese Yen The test of the 156.55 price level occurred at a moment when the MACD indicator had moved significantly above the zero line, which limited the pair's upward potential. The second test of 145.55, when the MACD was in overbought territory, led to the implementation of Scenario No. 2 for selling the dollar; however, the pair did not experience a major decline. In the near term, the release of a number of important economic indicators is expected, including ADP private-sector employment data, the JOLTS report on job openings and labor turnover, and the ISM Services PMI. Market participants will carefully analyze every aspect of this data, t... .. read more..
15. GBP/USD: Tips for Beginner Traders on January 7th (U.S. Session)
Wednesday, January 7,2026,10:48
Trade Analysis and Trading Tips for the British Pound The test of the 1.3490 price level occurred at a moment when the MACD indicator had moved well below the zero line, which limited the pair's downward potential. For this reason, I did not sell the pound. The second test of 1.3490 allowed Scenario No. 2 for a buy to be implemented, resulting in a small upward movement of the pair by 10 points. The drop in the UK construction PMI to 40.1 creates many prerequisites for a slowdown in economic growth. Economists attribute this to a sharp decline in new construction orders caused by growing uncertainty about economic prospects and high interest rates, which discourage developers from startin... .. read more..
EUR/USD: Tips for Beginner Traders on January 7th (U.S. Session)
Wednesday, January 7,2026,10:38
Trade Review and Trading Advice for the European Currency The test of the 1.1676 price level occurred when the MACD indicator had already moved significantly below the zero line, which limited the pair's downward potential. For this reason, I did not sell the euro. The slowdown in the growth of the eurozone core Consumer Price Index to 2.3% is almost fully in line with the target levels set by the European Central Bank. This favorable trend creates the prerequisites for a potential adjustment of the current monetary policy if necessary. However, a balanced approach is essential now to support economic recovery and ensure price stability in the eurozone over the long term. In the near term... .. read more..
U.S. Job Openings Drop To Lowest Level In Over A Year In November
Wednesday, January 7,2026,10:36
A report released by the Labor Department on Wednesday showed job openings in the U.S. fell by more than expected in the month of November. .. read more..
EUR/USD. Analysis and Forecast
Wednesday, January 7,2026,10:34
The EUR/USD exchange rate is trading near the round level of 1.1700, maintaining an overall bearish trend. New inflation data from the eurozone confirmed that price pressures remain moderate, leading to sideways movement of the pair near three-week lows as markets await the release of key U.S. employment data. Data published by Eurostat on Wednesday showed that the Harmonised Index of Consumer Prices (HICP) in the eurozone fell to 2.0% year-on-year in December, in line with forecasts and down from 2.1% in November. Similarly, core HICP slowed to 2.3% year-on-year from 2.4%, outperforming expectations of 2.4%. Nevertheless, the market remains calm despite rising geopolitical risks. U.S. in... .. read more..
Eurozone Inflation Lowest In 4 Months In December
Wednesday, January 7,2026,10:31
Euro area consumer price inflation eased to its lowest level in four months in December amid a bigger decline in energy prices and a modest slowing in services cost growth, preliminary data from the statistical office Eurostat showed on Wednesday. The consumer price index rose 2.0 percent year-on-year following an increase of 2.1 percent in each of the previous two months. .. read more..
What’s Next for the US Dollar After the "Freedom Trade" Surge? – DXY Outlook
Wednesday, January 7,2026,10:28
US Dollar (DXY) Analysis: After a volatile correction, the Greenback stabilizes as the dedollarization narrative faces reality. We analyze how economic resilience and the "Return of US Freedom"—sparked by recent geopolitical wins—are reshaping the DXY's path for the year ahead. .. read more..
U.S. Private Sector Adds Slightly Fewer Than Expected Jobs In December
Wednesday, January 7,2026,10:21
Private sector employment in the U.S. increased by slightly less than expected in the month of December, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment rose by 41,000 jobs in December after falling by a revised 29,000 jobs in November. Economists had expected private sector employment to climb by 47,000 jobs. .. read more..
EUR/USD Analysis: Pair Stays Soft in Holiday Trade - 07 January 2026
Wednesday, January 7,2026,08:52
EUR/USD remains under pressure in thin holiday trading, with sellers eyeing 1.1640–1.1630 while 1.1730 and 1.1800 cap any recovery. .. read more..
Gold Analysis: Gold Index Headed to Break Record Highs - 07 January 2026
Wednesday, January 7,2026,08:46
Gold remains in a strong uptrend as bulls press $4,500, with a break above $4,550 opening the door toward $5,000 despite rising overbought signals. .. read more..
The USD is little changed with limited up & down price action to kickstart th...
Wednesday, January 7,2026,08:44
The forex market is waffling in narrow trading ranges for the major currency pairs. Looking at the low to high ranges shows: EURUSD 30 pips GBPUSD 35 pips USDJPY 50 pips USDCHF 24 pips USDCAD 26 pips AUDUSD 50 pips NZDUSD 22 pips. That is not a lot of price action to trade. Buyers and sellers are battling in looking for the next shove. In the video above, I take a look at the 3 major currency pairs - the EURUSD, USDJPY and GBPUSD ( Greg Michalowski and author of Attacking Currency Trends ). I outline the key levels in play and define the short-term bias, the risk, and the targets for each of those currency pairs. In Australia, the latest Consumer Price Index (CPI) data came in softer than... .. read more..
Nasdaq 100 Analysis: Shifting Realm as Trade Volumes Start Increasing - 07 J...
Wednesday, January 7,2026,08:27
The Nasdaq 100 is attempting to reclaim 25,600 as participation returns, but conviction remains cautious until Friday’s US jobs and earnings data. .. read more..
Market Spotlight On U.S. Data
Wednesday, January 7,2026,08:22
Amidst the nervous geopolitical scenario, market spotlight has shifted to the economic data releases related to the U.S. economy due on Wednesday as well as later in the week. .. read more..
S&P 500 Analysis: Record Levels Challenged and Sustained Highs Shown - 07 Jan...
Wednesday, January 7,2026,08:09
The S&P 500 is sustaining record-area levels as liquidity improves, but Friday’s US jobs and wage data could trigger the first real volatility test of 2026. .. read more..
How to Lose All the Money in Your Trading Account in 10 Days (or Less!)
Wednesday, January 7,2026,07:59
Do you want to learn how to make all the money you just deposited in your trading account quickly vanish? Here’s a step-by-step guide. .. read more..
AUD/USD Forex Signal: Bulls Pushing Price to New 1-Year Highs - 07 January 2026
Wednesday, January 7,2026,07:46
The AUD/USD currency pair seems to be leading the way higher on improved risk sentiment and a weaker greenback. .. read more..
Big metals rebalancing incoming. Waiting for Godot, a.k.a. US dollar volatility.
Wednesday, January 7,2026,07:33
How will metals rally fare as billions to be sold on rebalancing of portfolios? Listen to the full episode now or follow the Saxo Market Call on your favorite podcast app. Questions and comments, please! We invite you to send any questions and comments you might have for the podcast team. Whether feedback on the show's content, questions about specific topics, or requests for more focus on a given market area in an upcoming podcast, please get in touch at marketcall@saxobank.com. This content is marketing material and should not be considered investment advice. Trading financial instruments carries risks and historic performance is not a guarantee for future performance. The instrum... .. read more..
Costco Wholesale Corporation (NASDAQ:COST) Stock Signal: Should You Buy the P...
Wednesday, January 7,2026,07:32
Costco Wholesale Corporation (NASDAQ:COST) stock signal, a fundamental snapshot, and a technical view on where its share price is heading. What to know before the market opens on January 7th, 2026, after COST closed at $889.10 during the previous session, before advancing in after-market hours. .. read more..
Shopify (NASDAQ:SHOP) Stock Signal: Does the Agentic Commerce Innovation Just...
Wednesday, January 7,2026,07:25
Shopify (SHOP) stock signal, a fundamental snapshot, and a technical view on where its share price is heading. What to know before the market opens on January 7th, 2026, after SHOP closed at $168.45 during the previous session, before sliding in after-market hours. .. read more..
German Unemployment Rate Unchanged At 6.3%
Wednesday, January 7,2026,07:21
Germany's unemployment rate remained unchanged at the end of the year but the actual jobless numbers increased as economic activity remains weak. The unemployment rate held steady at 6.3 percent, as expected, in December, figures from the Federal Employment Agency showed on Wednesday. .. read more..
Meta Platforms (NASDAQ:META) Stock Signal: How to Trade a $2 Billion AI Acqui...
Wednesday, January 7,2026,07:17
Meta Platforms (META) stock signal, a fundamental snapshot, and a technical view on where its share price is heading. What to know before the market opens on January 7th, 2026, after META closed at $660.62 during the previous session, before sliding in after-market hours. .. read more..
Novo vs Lilly: the pill battle begins
Wednesday, January 7,2026,07:00
Key takeaways Wegovy pill lowers friction , but repeat use is the real test of demand in 2026. Cash-pay pricing widens access , but it also puts margins and competition front and centre. Watch three scoreboards : pill uptake, Wegovy versus Zepbound momentum, and the CagriSema readout. A pill sounds like a small change. In obesity drugs, it can be a big one, because it changes behaviour and economics at the same time. On 5 January 2026, Novo Nordisk starts selling Wegovy as a once-daily tablet in the United States, after the US Food and Drug Administration approves it on 22 December 2025. Novo’s stock has already bounced since the approval, not because the market suddenly discovers o... .. read more..
Markets Today: Euro Area Inflation Cools, Silver Peaks Above $80/oz, Gold Ret...
Wednesday, January 7,2026,06:57
Euro Area inflation cools to 2.0%, hitting the ECB target, but German retail sales decline unexpectedly. Asia's stock rally stalls amid profit-taking and rising China-Japan tensions over a dual-use export ban. European stocks are steady. Gold and other precious metals fall as the US dollar holds firm. All eyes are now on US jobs data (JOLTS/ADP), which is forecast to be weak and could impact the dollar. .. read more..
Canadian Dollar Falls As Oil Prices Traded Lower
Wednesday, January 7,2026,06:56
The Canadian dollar weakened against other major currencies in the Asian session on Wednesday, as the crude oil prices traded lower after the United States and Venezuela reached an agreement allowing the export of up to $2 billion worth of Venezuelan crude oil to U.S. ports. .. read more..
Sterling holds near highest level in over three months ahead of US data
Wednesday, January 7,2026,06:10
Sterling held near its highest level in over three months against the euro and dollar on Wednesday, as steadying risk appetite left European stocks little changed following a three-day rally that pushed them to record highs. .. read more..
Australian Dollar Rises Amid RBA Rate Hike Speculation
Wednesday, January 7,2026,06:03
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, as inflation has decreased more than anticipated, it is still high. Economists predict that interest rate increases will likely be postponed but are still a possibility. .. read more..
Europe Bets on Rotation. EuroStoxx 50 Forecast as of 07.01.2026
Wednesday, January 7,2026,05:54
Lower valuations, capital flows from the US to Europe, ECB-tamed inflation, and hopes for faster economic growth allow EuroStoxx 50 bulls to look ahead with optimism. Let's discuss this and make a trading plan. Major Takeaways In 2025, European indices outperformed their US counterparts. On a P/E basis, the EuroStoxx 600 looks cheaper than the S&P 500. Forecasts for European equities are more modest than those for the US. Buying EuroStoxx 50 with a target of 6,200 remains relevant. Annual Fundamental Outlook for EuroStoxx 50 2025 was a standout year for European equities. Stock indices delivered their strongest performance in... Read full author’s opinion and review in blog of #LiteFinance .. read more..
India rupee gains for second straight day on RBI support
Wednesday, January 7,2026,05:43
Wednesday's intervention followed a familiar playbook that the RBI used repeatedly last year, when it stepped in aggressively to push the rupee higher, aiming to disrupt one-way moves. Previous interventions came amid a build-up of speculative long dollar positions and expectations of consistent rupee depreciation, according to bankers. .. read more..
German Construction Activity Expands For First Time In Nearly 4 Years
Wednesday, January 7,2026,05:30
Germany's construction sector expanded for the first time since early 2022 on rebound in civil engineering activity, purchasing managers' survey results from S&P Global showed on Wednesday. The construction Purchasing Managers' index posted 50.3 in December, up from 45.2 in November. A score above 50.0 indicates expansion. .. read more..
Rupee climbs 31 paise to 89.87 per US dollar on likely RBI support, crude oil...
Wednesday, January 7,2026,05:25
At the interbank foreign exchange, the rupee opened at 90.20 against the US dollar and traded in the range of 89.75-90.23 before settling at 89.87 .. read more..
USD/JPY: Simple Trading Tips for Beginner Traders for January 7th. Review of ...
Wednesday, January 7,2026,05:00
Trade Review and Tips for Trading the Japanese Yen The test of the 156.58 price level coincided with the moment when the MACD indicator was just beginning to move upward from the zero line, which confirmed a correct entry point for buying the dollar. As a result, the pair rose by 15 points. Yesterday, the yen continued to trade within a sideways channel against the dollar after news that the U.S. services PMI came in below economists' forecasts. This created some uncertainty among investors about the strength of the U.S. economy, increasing expectations of further interest rate cuts by the Federal Reserve. Today's data showing a decline in Japan's services PMI was also ignored by traders.... .. read more..
Most Expensive Metals in the World
Wednesday, January 7,2026,05:00
Are there metals more expensive than gold? Surprisingly, although this iconic precious metal continues to rise in price, gold does not even rank among the three most valuable metals. Most people are unaware that the most expensive material in the world is produced artificially rather than occurring naturally. At present, the most valuable metal in the world is not gold or silver, nor even platinum, but the little-known californium. Due to their high cost, rare metals are seldom traded on the open market. However, there are a number of other precious metals that you can easily buy on the exchange... Read full author’s opinion and review in blog of #LiteFinance .. read more..
Australian Dollar Rises Against Majors
Wednesday, January 7,2026,04:56
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday. .. read more..
Forex forecast 07/01/2026: EUR/USD, USD/JPY, GBP/USD, SP500, Oil, Gold and Bi...
Wednesday, January 7,2026,04:51
We introduce you to the daily updated section of Forex analytics where you will find reviews from forex experts, up-to-date monitoring of financial information as well as online forecasts of exchange rates of the US dollar, euro, ruble, bitcoin, and other currencies for today, tomorrow and this trading week. Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful when making decisions about entering the market. Before the release of important reports, it is best to stay out of the market to avoid being caught in sharp market fluctuations due to inc... .. read more..
GBP/USD: Simple Trading Tips for Beginner Traders for January 7th. Review of ...
Wednesday, January 7,2026,04:42
Trade Review and Tips for Trading the British Pound The test of the 1.3511 price level occurred at the moment when the MACD indicator was just beginning to move downward from the zero line, which confirmed a correct entry point for selling the pound. As a result, the pair declined toward the target level of 1.3490. The pound managed to hold its ground against the dollar after news that the U.S. services PMI came in below economists' expectations. This fact, which may seem contradictory from the standpoint of classical economic logic, nevertheless reflects the complex nature of current economic realities and market expectations. Contrary to expectations, the weakening of U.S. services-sect... .. read more..
EUR/USD: Simple Trading Tips for Beginner Traders for January 7th. Review of ...
Wednesday, January 7,2026,04:40
Trade Review and Tips for Trading the European Currency The test of the 1.1704 price level occurred at the moment when the MACD indicator was just beginning to move downward from the zero line, which confirmed a correct entry point for selling the euro. As a result, the pair declined to the 1.1685 level. Despite the fact that the U.S. services PMI showed a slight decline, the U.S. dollar nevertheless managed to strengthen its position against the euro. Today, in the first half of the day, data on the change in the number of unemployed in Germany, the unemployment rate, as well as the eurozone Consumer Price Index for December are expected. These figures can significantly affect the balanc... .. read more..
EUR/USD Forecast on January 7, 2026
Wednesday, January 7,2026,04:35
On Tuesday, the EUR/USD pair rebounded from the 23.6% Fibonacci retracement level at 1.1731, reversed in favor of the U.S. dollar, and fell to the 38.2% Fibonacci level at 1.1686. Today, a rebound from the 1.1686 level would favor the euro and lead to some growth toward 1.1731. A consolidation of the pair below 1.1686 would increase the likelihood of further decline toward the next retracement level, 50.0% at 1.1648. The wave structure on the hourly chart remains straightforward. The most recent completed upward wave failed to break the previous peak, while the new downward wave broke the prior low. Thus, the trend has shifted to bearish. In my view, the decline will not be prolonged, but... .. read more..
Market eyes further gains amid micro?rotation
Wednesday, January 7,2026,04:12
People want to invest in the US equity market, but they are looking at other sector groups — those that offer relative value versus yesterday's leaders. As a result, while the Dow Jones managed to record a Santa Claus rally, the best since 2021-2022, the S&P 500 failed to do so for the third year running. S&P 500 Santa Claus Rally Dynamics Goldman Sachs calls 2026 a year of micro?rotation due to extreme concentration and the evolving trade in artificial intelligence technologies. According to the bank, the top 10 stocks accounted for 41% of market capitalization and 53% of the S&P 500's return in 2025. At the same time, the giants continue to move the market: NVIDIA's statemen... .. read more..
Stock market on January 7: S&P 500 and NASDAQ extend gains
Wednesday, January 7,2026,04:12
Yesterday, stock indices closed with another advance. The S&P 500 rose by 0.62%, while the Nasdaq 100 added 0.65%. The Dow Jones Industrial Average strengthened by 0.99%. The global equity markets index fell by 0.1% on Wednesday after four days of gains that had lifted it to a record high. Asian indices declined by 0.5% after a rally that delivered their best start to a year on record. Japanese indices slid by 1% after China imposed export restrictions. Against a backdrop of weak sentiment, futures on European and US stock indices showed modest declines after the opening bell. Treasury bonds gained slightly, with the yield on the benchmark 10?year note down one basis point to 4.16%. C... .. read more..