Technical Analysis — January 9, 2026
— “Euro extends losses × USD/JPY re-accelerates × Gold bought on dips”
💱 Multi-Timeframe Summary (Key Changes)
🔹 Dollar pairs — euro breakdown confirmed
| Pair | Short-term (5–15m) | 1-hour | Daily | Status |
|---|---|---|---|---|
| EUR/USD | 🟩 → ⚪ | 🟥 Strong sell | 🟥 Strong sell | ❌ Firm break below 1.17 |
| GBP/USD | 🟥 Strong sell | 🟥 Strong sell | 🟥 Sell | ⛔ Weak rebounds |
| AUD/USD | 🟩 → ⚪ | 🟥 Strong sell | 🟩 Buy | 🔄 Rebounds remain limited |
👉 EUR/USD has slipped toward the 1.165 area.
➡ Short-term buy signals are merely corrective bounces, while the 1-hour and daily trends remain bearish.
🔹 USD/JPY & Dollar crosses — USD/JPY back in the lead
| Pair | Short-term | Daily | View |
|---|---|---|---|
| USD/JPY | ⚪ → 🟩 | 🟩 Strong buy | ⭐ Re-acceleration |
| USD/CAD | 🟩 Buy | 🟩 Strong buy | ⭐ Dollar dominance |
| USD/CHF | ⚪ → 🟩 | 🟩 Strong buy | 🔄 Rebound after dip |
| USD/NZD | 🟩 Strong buy | 🟩 Strong buy | ⭐ Trend intact |
👉 USD/JPY’s recovery into the 157s signals another attempt toward recent highs.
➡ The broader dollar remains biased higher, even as short-term pullbacks appear.
🔹 Yen crosses — pullback vs. re-ignition
| Pair | Short-term | Daily | Comment |
|---|---|---|---|
| EUR/JPY | 🟥 → ⚪ | ⚪ | ❌ Dragged by euro weakness |
| GBP/JPY | 🟥 → ⚪ | 🟩 | ⭐ Recovering after pullback |
| AUD/JPY | ⚪ → 🟩 | 🟩 | ⭐ Re-igniting |
| CAD/JPY | 🟥 → ⚪ | ⚪ | ⚠️ Awaiting direction |
| CHF/JPY | 🟥 → ⚪ | ⚪ | ⚠️ Momentum slowing |
👉 Currency selection within yen crosses has become even clearer.
➡ AUD and GBP are rebounding, while euro-linked crosses remain heavy.
🔹 Gold & Bitcoin — contrasting momentum
| Market | View |
|---|---|
| XAU/USD (Gold) | 🟩 Strong daily trend; short-term dip-buying |
| BTC/USD | 🟥 Bearish short- to mid-term |
👉 Gold is quickly bought back even on dips toward the 4,47xx area.
BTC shows weak rebound momentum, with limited capital inflows.
🧭 Current Market Structure
🔺 Dollar (leading against the yen)
🔻 Euro (broad-based weakness)
🔁 Selective yen-cross performance
🔺 Gold (stable near highs)
🔻 Bitcoin
➡ “USD/JPY in the spotlight × Persistent euro selling × Gold in a separate lane.”
🎯 Trading Strategy (Updated)
🟩 Preferred longs
-
USD/JPY
-
USD/NZD / USD/CAD
-
AUD/JPY — on pullbacks
-
XAU/USD — short-term dips
🟥 Preferred shorts
-
EUR/USD — sell rallies
-
GBP/USD
-
EUR/JPY
⚠️ Caution
-
Avoid blanket longs across all yen crosses
-
BTC: rebound trades not recommended
📝 One-line takeaway
The euro keeps sliding, USD/JPY re-accelerates.
Gold stays bid on dips.
Yen crosses are a selective market.
