S&P 500 Forecast: Buyers Remain Active on Dips – 19 January 2026
The S&P 500 remains range-bound below 7,000 as earnings season nears, with strong dip-buying interest and support building around the 6,850–6,800 area.

The S&P 500 remains range-bound below 7,000 as earnings season nears, with strong dip-buying interest and support building around the 6,850–6,800 area.
The US dollar’s minor bounce against the Mexican peso is seen as a shorting opportunity, with the dominant downtrend likely to push the pair toward 16.80.
The Australian dollar remains range-bound below 0.67, with a breakout above 0.6750 needed to confirm bullish momentum toward the 0.69 level.
After closing the third consecutive week in negative territory, EUR/USD opened with a bullish gap and was last seen trading in positive territory above 1.1600.
Gold eased on Friday before the US holiday, but strong technical support near $4,400 and ongoing bullish drivers point to a likely continuation toward $4,800 and beyond.
USD/CHF continues to show signs of a bottoming pattern near 0.80, offering a profitable carry trade setup with potential for a breakout toward 0.85.