📊 Technical Outlook — January 6, 2026
“Euro selling takes the spotlight — the dollar is firm, but still choppy”
💱 Multi-Timeframe Summary (Key Updates)
🔹 Dollar Pairs — euro stands out as the weakest
| Pair | 5–15m | 1h | Daily | View |
|---|---|---|---|---|
| EUR/USD | 🔻 Strong Sell | 🔻 Strong Sell | 🔻 Sell | Clear weakness |
| GBP/USD | 🔻 Strong Sell | ⚪ Neutral | 🔺 Strong Buy | Uptrend pausing |
| AUD/USD | 🔺 Strong Buy | 🔺 Buy | 🔺 Strong Buy | Firm tone |
👉 The dollar strength has shifted into a “euro-focused sell theme.”
Pullback selling in EUR/USD remains the higher-probability setup.
🔹 USD/JPY & Dollar Crosses — trend points higher, but short-term noise
| Pair | Short-term | Daily | Comment |
|---|---|---|---|
| USD/JPY | 🔻 Sell | 🔺 Buy | Noisy / whipsaw risk |
| USD/CAD | 🔻 Sell | ⚪ Neutral | Unclear direction |
| USD/CHF | 🔺 Buy | ⚪ Neutral | Tilting higher |
| USD/NZD | 🔺 Buy | 🔻 Strong Sell | Mixed signals |
👉 The dollar is gradually firming,
but short- and medium-term signals are not fully aligned.
➡ Dollar longs are better treated as short-term trades for now.
🔹 Cross-Yen — consolidating at high levels
| Pair | Short-term | Daily | View |
|---|---|---|---|
| EUR/JPY | 🔻 | ⚪ | Entering correction |
| GBP/JPY | 🔻 | 🔺 | Still strong |
| AUD/JPY | ⚪ | 🔺 | Pullback mode |
| CAD/JPY | ⚪ | ⚪ | Neutral zone |
| CHF/JPY | 🔻 | 🔺 | Waiting for a bounce |
👉 This is not yen-strength reversal —
more like a cooling-off phase after overheating.
🔹 Gold & Bitcoin — clear difference in “temperature”
| Asset | View |
|---|---|
| XAU/USD (Gold) | Daily trend still bullish — dips are bought |
| BTC/USD | Trend intact — continuation bias |
👉 Gold refuses to break lower,
while BTC remains in a trend-following environment.
🧭 Big Picture
🔻 Euro
🔺 Dollar (gradually firmer)
🔁 Cross-yen — sideways at highs
🔺 Gold & BTC
= “Euro-selling × firm dollar × risk assets still resilient.”
🎯 Trade Ideas (Current Bias)
🟩 Preferred Longs
-
XAU/USD (Gold)
-
BTC/USD
-
Pullback-only: AUD/USD, GBP/USD
🟥 Preferred Shorts
-
EUR/USD (sell rallies)
-
EUR/JPY (short-term only)
⚠ Risk Notes
-
USD/JPY: short-term sell vs. daily buy → direction mismatch
-
Expect choppy moves tied to the Dollar Index swings
📝 One-Line Summary
The main theme is euro selling.
The dollar is firm — but still uneven.
Buy dips in gold and BTC.
