📊 Technical Analysis — January 12, 2026
— “USD/JPY strongest × Yen crosses re-ignite × Gold accelerates again”
💱 Multi-Timeframe Summary (Key Changes)
🔹 Dollar pairs
| Pair | Short-term (5–15m) | 1-hour | Daily | Key Change |
|---|---|---|---|---|
| EUR/USD | 🟥 Strong sell → ⚪ | 🟩 Strong buy | ⚪ Neutral | Decline has stopped, shifting into consolidation |
| GBP/USD | 🟥 → 🟩 | 🟩 Strong buy | ⚪ Neutral | Selling pressure fading, rebound phase |
| AUD/USD | 🟥 → 🟩 | 🟩 Strong buy | 🟩 Strong buy | Full trend reversal |
👉 The market is moving away from a one-way “sell dollar pairs” mindset.
A structure of pullback → renewed upside is starting to take shape.
🔹 USD/JPY & Dollar crosses
| Pair | Short-term | Daily | View |
|---|---|---|---|
| USD/JPY | 🟩 Strong buy | 🟩 Strong buy | ⭐ Strongest trend |
| USD/CAD | 🟩 Buy | 🟩 Strong buy | ⭐ Dollar strength maintained |
| USD/CHF | ⚪ Neutral | ⚪ Neutral | ⚠️ Signs of losing momentum |
| USD/NZD | 🟥 → ⚪ | 🟩 Strong buy | 🔄 In correction |
👉 USD/JPY has fully reclaimed the leadership role.
The 157.9 area is a key zone for another breakout attempt.
🔹 Yen crosses (broad re-ignition)
| Pair | Short-term | Daily | Comment |
|---|---|---|---|
| EUR/JPY | 🟥 → 🟩 | 🟩 Strong buy | ⭐ Revival |
| GBP/JPY | 🟩 Strong buy | 🟩 Strong buy | ⭐ Core leader |
| AUD/JPY | 🟩 Strong buy | 🟩 Strong buy | ⭐ Strongest |
| CAD/JPY | 🟩 Buy | ⚪ Neutral | 🔄 Recovering from pullback |
| CHF/JPY | 🟥 → 🟩 | 🟩 Strong buy | 🔄 Re-accelerating |
👉 The market has shifted back from “currency selection” to
a broad bullish phase across yen crosses.
🔹 Gold & Bitcoin
| Market | Key Change |
|---|---|
| XAU/USD (Gold) | Re-accelerating after breaking above 4,590, no sign of a top |
| BTC/USD | Strong selling trend continues, no capital inflow |
👉 Gold has entered a “separate-class strength phase.”
Bitcoin remains completely left behind.
🧭 Current Market Structure
🔺 USD/JPY
🔺 Yen crosses
🔺 Gold
🔁 Dollar pairs rebuilding structure
🔻 Bitcoin
➡ “Yen selling + concentration into real assets.”
🎯 Trading Strategy (Updated)
🟩 Preferred longs
-
USD/JPY
-
GBP/JPY / AUD/JPY / EUR/JPY
-
XAU/USD (buy every pullback)
-
AUD/USD (on dips)
🟥 Preferred shorts
-
BTC/USD
-
EUR/GBP
-
EUR/AUD (sell rallies)
⚠️ Caution
-
EUR/USD: neither buy nor sell — wait
-
USD/CHF / USD/NZD: momentum temporarily slowing
📝 One-line takeaway
USD/JPY and yen crosses are back in the spotlight,
Gold has entered an “extreme bullish zone,”
And Bitcoin is completely out of the game.
