Nasdaq Forecast: Sideways Action Despite Wednesday Selling – 15 January 2026
The NASDAQ 100 pulled back on Wednesday amid geopolitical noise and Federal Reserve uncertainty, but overall price action remains sideways with key support near 25,000.

The NASDAQ 100 pulled back on Wednesday amid geopolitical noise and Federal Reserve uncertainty, but overall price action remains sideways with key support near 25,000.
The EUR/USD pair eases within range, trading near a fresh January low in the 1.1600 threshold early American session on Thursday. The pair has been grinding lower, although the momentum is missing despite political and macroeconomic headlines.
The EUR/JPY pair dipped on Wednesday due to short-term yen strength from geopolitical risk flows, but structural support and carry trade dynamics favor a rebound and continuation of the broader uptrend.
The USD/SGD pair remains range-bound near 1.2875 as traders adopt a risk-averse stance amid global uncertainty and mixed US inflation signals, favoring short-term caution.
The USD/ILS pair remains in a steady bearish trend near 3.15600, as Israeli and global markets stay calm despite rising Iran conflict risks, signaling potential for continued Shekel strength.
The US dollar continues to consolidate against the Canadian dollar near key EMAs, with bullish potential toward 1.40 as geopolitical tensions support demand.