- January 19, 2026
- Posted by: EWGFX
- Category: Technical analysis
Market News:
President Trump vowed last Saturday to impose a series of escalating tariffs on EU member states Denmark, Sweden, France, Germany, the Netherlands, and Finland, as well as the UK and Norway, until the US is authorized to purchase Greenland. On March 17th, Trump announced on social media that a 10% tariff would be imposed on goods imported from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland starting February 1st, and declared that the tariff rate would increase to 25% from June 1st, until an agreement is reached on the US’s “full and complete purchase of Greenland.”
Technical Analysis:
Today’s Buy/Sell Threshold:
4584
Support and Resistance Levels:
4667
4636
4616
4552
4532
4501
Trading Strategy:
A break above 4636 suggests a buy entry, with a first target price of 4667.
A break below 4584 suggests a sell entry, with a first target price of 4552.