📊 Technical Analysis – January 19, 2026

📊 Technical Analysis – January 19, 2026

19 1月 2026, 10:27
Masayuki Sakamoto
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📊 Technical Analysis – January 19, 2026

— “The dollar pauses, while Yen crosses and Gold return to center stage”

💱 Multi-Timeframe Summary (Key Updates)

🔹 Dollar Majors

Pair Short Term (5–15m) 1 Hour Daily Key Point
EUR/USD 🟩 Strong Buy 🟩 Strong Buy 🟥 Strong Sell Short-term rebound, but daily downtrend remains
GBP/USD 🟩 Strong Buy 🟩 Strong Buy ⚪️ Neutral Pound stronger than euro, rebound is clearer
AUD/USD 🟩 Strong Buy 🟩 Strong Buy 🟩 Strong Buy Aussie remains in a full bullish trend

👉 The dollar is being sold temporarily, and dollar majors have shifted into a “short-term rebound phase.”
However, EUR/USD is still firmly in a daily downtrend, so this is not a trend reversal, only a corrective rebound.

🔹 USD/JPY & Dollar Crosses

Pair Short Term Daily Assessment
USD/JPY 🟥 Strong Sell 🟩 Strong Buy ⚠️ Forming a pullback
USD/CAD 🟥 Strong Sell 🟩 Strong Buy ⚠️ High-level consolidation
USD/CHF 🟥 Strong Sell ⚪️ Neutral ⚠️ Dollar momentum fading
USD/NZD 🟥 Strong Sell 🟥 Strong Sell ❌ Full dollar-sell structure

👉 The previous “broad dollar strength” structure has temporarily broken.
Dollar crosses are now entering a short-term profit-taking phase.

🔹 Yen Crosses (Clear Shift Back to Center Stage)

Pair Short Term Daily Comment
EUR/JPY 🟥 ⚪️ Direction temporarily lost
GBP/JPY 🟩 🟩 ⭐ Back as a main candidate
AUD/JPY 🟩 🟩 ⭐ Trend continuation
CHF/JPY 🟩 🟩 ⭐ Stable trend
NZD/JPY 🟩 🟩 ⭐ Sustained upside

👉 The “weak yen trend” remains intact,
but yen crosses are now showing cleaner strength than USD/JPY itself.

🔹 Gold & Bitcoin

Asset Assessment
XAU/USD (Gold) 🟩 Strong buy on both daily and hourly, acceleration phase
BTC/USD 🟥 Short-term correction, momentum temporarily slowing

👉 Gold has broken above the 4,660 zone and entered a different league.
BTC is seeing profit-taking at high levels and is taking a “short rest.”

🧭 Updated Big Picture

🔺 Gold
🔺 Yen Crosses
🔁 Dollar (in correction)
🔁 BTC (high-level consolidation)
🔻 EUR/USD (mid-term bearish)

= “Gold × Yen Crosses lead, the dollar steps aside.”

🎯 Trading Strategy (Latest)

🟩 Priority Longs

XAU/USD (Gold)

AUD/JPY, GBP/JPY, CHF/JPY, NZD/JPY

AUD/USD (trend continuation)

⚠️ Buy Only on Pullbacks

EUR/USD (short-term rebound, daily still bearish)

GBP/USD (short-term longs only, no chasing)

🟥 Sell on Rallies

USD/NZD

EUR/AUD

EUR/GBP

📝 One-Line Summary

“The dollar is pausing. The real leaders are once again Gold and Yen crosses.
The euro remains vulnerable even on rebounds,
and for now, Yen crosses and Gold are the safer battlefield than dollar majors.”