Trading news
14 Jan 2026

Silver rally stretches as momentum stays extreme – Société Générale

Silver has extended its breakout and is approaching the upper boundary of a steep ascending channel near $96.50–$97.00, with momentum indicators at multi-year highs despite clear signs of an overstretched trend, Société Générale's FX analysts note.

XAG/USD nears channel resistance at $97

"Silver broke out of its brief consolidation earlier this week, extending its upward move. It is now approaching the upper boundary of a steeper ascending channel at $96.50/$97.00. The daily MACD has surged to multi-year highs and remains well above the equilibrium line, underscoring strong momentum but also highlights an overstretched trend."

"Notably, Silver is nearly 45% above the 50-DMA; this is a historically extreme deviation and highlights the risk of near-term consolidation or corrective action. However, no clear signs of a meaningful pullback have emerged yet. The upper part of recent range at $82.70 could serve as initial support."

Jan 14, 2026

AUD/USD: Major support at 0.6655 is not expected to come into view – UOB Group

There is a chance for Australian Dollar (AUD) to test 0.6670; the major support at 0.6655 is not expected to come into view. In the longer run, the current price movements are likely part of a range-trading phase between 0.6655 and 0.6745, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Read more Previous
Jan 14, 2026

NZD/USD: Increase in downward momentum is likely to lead to a lower range – UOB Group

Slight increase in downward momentum is likely to lead to a lower range of 0.5720/0.5765 rather than a continued decline. In the longer run, for the time being, NZD is likely to trade in a range between 0.5720 and 0.5805, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Read more Next