〇 Technical Analysis — January 5, 2026
—— “Broad Dollar Rebound / Gold Still the Strongest — Even on Dips”
💱 Multi-Timeframe Summary (Key Updates)
🔹 Dollar Pairs (sold off first — then normalized)
| Pair | Short-term (5–15m) | 1-Hour | Daily | Status |
|---|---|---|---|---|
| EUR/USD | 🟥 Sell | 🟥 Strong sell | 🟥 Strong sell | ⤵ Trend pausing |
| GBP/USD | 🟩 Strong buy | 🟩 Buy | 🟩 Buy | 😀 Firm |
| AUD/USD | 🟩 Strong buy | 🟩 Buy | 🟩 Buy | 😀 Uptrend intact |
👉 The standout move was only EUR clearly breaking lower.
→ The market focused on “Dollar strong = Sell EUR”.
🔹 USD/JPY & Dollar Crosses (tracking the dollar rebound)
| Pair | Short-term | Daily | Takeaway |
|---|---|---|---|
| USD/JPY | 🟥 Strong sell | 🟩 Buy | ⚠️ Noise / countertrend |
| USD/CAD | 🟥 Strong sell | 🟩 Buy | 🔁 Possible turn higher |
| USD/CHF | 🟩 Buy | 🟩 Buy | ⭐ Following the upside |
| USD/NZD | 🟥 Strong sell | 🟩 Buy | 🔁 Bias turning up |
👉 Short-term charts are noisy,
but daily bias has tilted back toward dollar strength.
→ Closing dollar shorts and reassessing makes sense.
🔹 Yen Crosses (holding near highs without breaking)
| Pair | Short-term | Daily | Comment |
|---|---|---|---|
| EUR/JPY | 🟥 | ⚪️ | ⤵ Finally correcting |
| GBP/JPY | 🟩 | 🟩 | ⭐ Strength continues |
| AUD/JPY | 🟥 | 🟩 | 🔄 Pullback phase |
| CAD/JPY | 🟥 | 🟩 | 🔄 Pullback phase |
| CHF/JPY | 🟥 | ⚪️ | 😐 Taking a breather |
👉 This is not a yen-bullish reversal —
it looks more like “a pause inside the yen-weak trend.”
🔹 Gold & BTC (two primary leaders)
| Asset | View |
|---|---|
| XAU/USD (Gold) | 🟩 Daily trend still “strongest” — dips are being bought |
| BTC/USD | 🟩 Strong buy across all timeframes |
👉 Gold continues to be bought quickly on any dip — even around 4,430.
👉 BTC is in a clean trend — buy pullbacks.
🧭 The “Big Picture”
🔺 Gold
🔺 BTC
🔁 Yen crosses (resting)
🔺 Dollar (recovering — short to medium term)
= A rare regime: “Dollar up — while risk assets stay strong.”
🎯 Strategy (Current Bias)
🟩 Preferred Longs
-
XAU/USD (Gold)
-
BTC/USD
-
GBP/JPY & AUD/JPY (buy pullbacks)
🟥 Preferred Shorts
-
EUR/USD (sell rallies)
-
EUR/JPY (short-term — sell rallies only)
⚠ Notes
-
USD/JPY: short-term vs daily are conflicting → don’t force trades.
-
Yen crosses are near highs → use smaller position sizes.
📝 One-line takeaway
The dollar has regained strength —
Gold and BTC remain the main leaders.
Time to pause on “test” dollar shorts and wait.
