Evening Insights: Monday, January 26, 2026
Current market quotes
| XAUUSD | 5,075.19 | (+1.75%) |
| EURUSD | 1.1856 | (+0.24%) |
| USDJPY | 154.08 | (-1.06%) |
| BTCUSD | 87,904 | (-1.49%) |
Short outlook by currency pair
XAUUSD
Gold still possesses a strong upside bias. Having posted its numerous record highs amid a weaker US dollar and ongoing demand for safe-haven assets, it hovers around the $5,080 zone. The pullbacks are shallow and are quickly re-bought.
EURUSD
Having peaked at 1.19000 (the level previously seen last September), EURUSD attempts to close the price gap near the 1.18330 level. The pair remains comfortable above the recent 1.18000 support zone. The greenback’s selloff across the market indirectly supports the euro.
USDJPY
The yen surged 1.5% intraday on the intervention risk. However, although the market respects such risk, USDJPY is seen as deeply oversold and might speculatively rocket, should the noise fade without any regulator’s steps toward fixing the exchange rate.
BTCUSD
Bitcoin stabilizes at $87,500 and might try to break above the $89,000 resistance. However, BTCUSD is still fragile and might resume a decline, should the crypto outflows last. As XAUUSD exploded to its record highs, the clients’ capital exits towards safe-haven assets accelerated. Bitcoin’s weekly withdrawals exceeded $1.08 bln last time, setting the anti-record since last November.
Market sentiment
The overall market tone is cautiously optimistic. Investors balance risk exposures while keeping an eye on macroeconomic and geopolitical factors. The defensive bias persists as traders remain alert to possible short-term corrections.
