Crude Oil Forecast: Crude Oil Continues to Build Tradable Range – 23 January 2026
WTI crude oil remains range-bound near $60 as traders look for short-term opportunities between resistance at $62 and support at $58.50.

WTI crude oil remains range-bound near $60 as traders look for short-term opportunities between resistance at $62 and support at $58.50.
Gold (XAU/USD) prolongs its record-setting rally for the fifth straight day and climbs above the $4,950 level during the Asian session on Friday.
EUR/USD pushed higher late on Thursday, trading around the 1.1750 area and sitting at two-day highs after the closing bell in European markets.
A better market mood is not enough to take Gold price down, with the bright metal reaching yet another record high on Thursday.
The Australian Dollar (AUD) is back on the rise, and AUD/USD is surpassing the 0.6800 hurdle. The move shows that investors are more willing to take risks, especially after President Trump spoke in a way that was more friendly to the market at the World Economic Forum (WEF) in Davos.
XRP tests $2.00 resistance after bullish bounce. Is this a breakout or another false rally? Key levels, technical outlook, and upside targets revealed.