Free Forex Trading Signals For 1.12.2026
Stepping into the second week of 2026, the forex scene feels like it’s catching its breath after last week’s data frenzy, with the dollar holding firm but giving ground in places as global risk appetite flickers back on. I’ve been poring over these charts all weekend—from my desk here in what feels like perpetual motion—watching how that surprise dip in US inflation expectations has rippled through, easing yields just enough to lift majors like the euro and pound. In my years calling these shots, January’s always a month of false starts and realignments, especially with Lunar New Year vibes in Asia potentially thinning volumes soon. These signals pull from the price action I’ve tracked since early January, fusing SMA crossovers with broader sentiment reads like equity rebounds and crypto’s tentative stability. Trade ’em with care; markets love to humble the overconfident.
EUR/USD
Current Price: 1.1696
The Euro’s staged a decent recovery over the weekend gap, climbing from Friday’s 1.1654 close amid softer dollar pressures and hints of ECB steadying the ship on rates. Looking at the broader picture since the year’s start, it’s rebounded from 1.1650 lows, pushing the 10-day SMA up to 1.1670 now above the 20-day at 1.1665, signaling a potential bullish pivot after last week’s grind. I’ve always pegged EUR/USD as a sentiment mirror for EU-US divides, and this uptick strikes me as traders betting on eurozone resilience amid cooling Fed bets—though if yields spike back, it could unravel fast. That 1.1700 mark’s been a sticky resistance; break it, and bulls might run.
- Trend: Bullish rebound
- Entry Point: Buy at 1.1685
- Stop Loss: 1.1660 (below recent support to buffer dips)
- Take Profit: 1.1725 (targeting overhead levels)
GBP/USD
Current Price: 1.3482
Cable’s bounced notably from 1.3414, reclaiming ground as UK wage data beat whispers and sterling drew safe-haven-ish flows amid equity calm. From the week’s early tumble below 1.3420, it’s built upward, with the 10-day SMA at 1.3435 crossing over the 20-day at 1.3420, flipping the script to bullish. GBP’s got that underdog charm in my eyes, often shrugging off domestic woes when global tides turn favorable—like now, with energy prices easing—but I’ve been stung by sudden BOE dovishness before. Watching for confirmation above 1.3500 to really commit.
- Trend: Bullish
- Entry Point: Buy on dip to 1.3460
- Stop Loss: 1.3425 (under SMA crossover)
- Take Profit: 1.3520 (pushing for weekly highs)
USD/JPY
Current Price: 157.73
The Dollar-Yen’s inched higher from 157.66, extending gains on lingering yield advantages despite a slight dollar softening elsewhere. Weekly momentum’s carried it from 157.00 supports, keeping the 10-day SMA at 157.20 well above the 20-day at 157.00, underlining persistent bulls. This pair’s a classic yield chaser in my trading playbook, and with BOJ still whispering about patience, the upside bias holds—though those intervention thresholds around 158 keep me leery, having seen sharp yen snaps in the past. Feels overbought, but not ready to fade yet.
- Trend: Bullish continuation
- Entry Point: Buy at 157.50
- Stop Loss: 157.00 (below key pivot)
- Take Profit: 158.30 (testing caution zones)
Gold (XAU/USD)
Current Price: 4616.86
Gold’s skyrocketed from 4464.61, blasting through resistances as geopolitical jitters and inflation hedges fuel a monster rally. Since the new year, it’s surged from 4420 bases, propelling the 10-day SMA to 4500 far above the 20-day at 4450, screaming bullish overdrive. I’ve long viewed gold as the market’s panic button, and in 2026’s shaky start—with supply snarls and crypto volatility—this leap doesn’t shock me, though at these heights, profit-takers lurk. Reminds me of past bubbles; solid for longs but with tight stops.
- Trend: Strongly bullish
- Entry Point: Buy on pullback to 4580.00
- Stop Loss: 4540.00 (safeguarding gains)
- Take Profit: 4680.00 (aiming for extensions)
BTC/USD
Current Price: 90644.25
Bitcoin’s ticked up modestly from 90430.05, consolidating after last week’s washout as ETF chatter revives buyer interest. The crypto’s steadied from 89500 lows, nudging the 10-day SMA to 90200 above the 20-day at 90000, hinting at stabilization turning bullish. BTC’s eternal wild card has taught me to never count it out, especially with adoption narratives heating up— but regulatory curveballs could derail. Feels like it’s coiling for a move; I’d dip-buy but not chase blindly.
- Trend: Bullish consolidation
- Entry Point: Buy at 90400.00
- Stop Loss: 89500.00 (below support)
- Take Profit: 92000.00 (round target)
Summary Table for January 12th, 2026
| Asset | Current Price | Trend | Entry Point | Stop Loss | Take Profit |
|---|---|---|---|---|---|
| EUR/USD | 1.1696 | Bullish rebound | Buy at 1.1685 | 1.1660 | 1.1725 |
| GBP/USD | 1.3482 | Bullish | Buy at 1.3460 | 1.3425 | 1.3520 |
| USD/JPY | 157.73 | Bullish continuation | Buy at 157.50 | 157.00 | 158.30 |
| Gold (XAU/USD) | 4616.86 | Strongly bullish | Buy at 4580.00 | 4540.00 | 4680.00 |
| BTC/USD | 90644.25 | Bullish consolidation | Buy at 90400.00 | 89500.00 | 92000.00 |
There you go—my calls for the day, shaped by a weekend of number-crunching and market whispers. With Asian sessions winding down, keep an eye on overnight flows; they’ve flipped scripts before. If these resonate or you’ve got counter-views, shout out below. Let’s make this week count.
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Disclaimer: These forex trading signals are for educational purposes only and not financial advice. Trading carries significant risks, including the potential loss of your entire investment. Always consult a professional advisor before jumping in.