Crude Oil Forecast: Threaten the 200 Day EMA – 15 January 2026
Light sweet crude oil is hovering near key resistance at the 200‑day EMA amid ongoing Middle East geopolitical tensions and persistent oversupply that keeps prices range‑bound.

Light sweet crude oil is hovering near key resistance at the 200‑day EMA amid ongoing Middle East geopolitical tensions and persistent oversupply that keeps prices range‑bound.
Gold prices remain bullish above key support zones, driven by geopolitical uncertainty, central bank buying, and a breakout pattern targeting the $5,000 level.
BTC/USD surged past key resistance at $94.9K, with technical indicators and strong ETF inflows signaling a potential rally toward the $100K milestone.
GBP/USD consolidates in a bullish flag pattern as traders await UK GDP data, with technicals suggesting a breakout toward 1.3565 and beyond.
EUR/USD remains under pressure as geopolitical tensions and strong US retail data drive dollar strength, with technicals pointing toward a test of 1.1500.
EUR/USD depreciates for the third consecutive day on Thursday, trading right above 1.1630 at the time of writing, with the one-month low, at 1.1618, coming closer. Strong US macroeconomic figures and easing concerns about the US Federal Reserve’s autonomy are underpinning support for the Greenback.