📊 Technical Analysis – January 21, 2026
“Broad USD weakness × Commodity currencies and the euro dominate × Gold accelerating × BTC completely losing momentum”
🌍 Market Power Structure
| Asset | Status |
|---|---|
| USD | ❌ A full-scale selling trend remains in place |
| EUR | 🟢 Leading currency, driving the upside |
| AUD / NZD | 🟢 Commodity currencies in a super-bullish leadership zone |
| JPY | ⚠ Short term: stronger due to USD weakness / Long term: structural JPY weakness |
| GOLD | 🔥 Extreme zone of capital flight + accelerating trend |
| BTC | 🧊 Full downtrend driven by capital outflow |
💱 Core Currency Views
🔹 EUR/USD (1.1720)
-
Short term: 🟢 Strong Buy
-
Daily: 🟢 Strong Buy
→ The centerpiece of a full uptrend.
The main leader of the current market.
🔹 USD/JPY (157.88)
-
Short term: 🔴 Strong Sell
-
Daily: 🟢 Strong Buy
→ A critical decision point.
“Short term = USD selling, long term = JPY selling trend still alive.”
= A pullback-buy-only zone.
🔹 AUD/USD (0.6760)
-
All timeframes: 🟢 Strong Buy
→ The cleanest and most beautiful trend structure in this market.
Every pullback can be bought.
🔹 USD/CAD · USD/CHF · USD/NZD
All of them:
-
All timeframes: 🔴 Strong Sell
→ Top priority USD short zone.
When in doubt, sell these three.
🔁 Yen Crosses
| Pair | Status |
|---|---|
| EUR/JPY | Buy on short term, strong buy on daily |
| GBP/JPY | Short-term sell, daily waiting-for-pullback |
| AUD/JPY | Strong buy on all timeframes = textbook trend |
| CAD/JPY | Overall strong buy dominance |
| CHF/JPY | Mostly buy on all timeframes = stable uptrend |
| NZD/JPY | Strong buy on all timeframes = top-class trend |
🥇 Gold (XAU/USD 4,857)
-
Hourly & Daily: 🟢 Strong Buy
-
Price zone: full trend-acceleration territory
This is a market where:
“Technical breakout × Currency distrust × Capital flight”
are exploding simultaneously.
Counter-trend trades here are basically stepping into an incinerator.
🧊 BTC/USD (88,500)
-
All timeframes: 🔴 Strong Sell
-
A complete capital outflow structure
The exact opposite of gold.
BTC is becoming the destination of capital liquidation, not inflow.
🎯 Trading Priority (Right Now)
🟢 Top Longs
-
XAU/USD
-
AUD/USD
-
EUR/USD
-
NZD/JPY
-
AUD/JPY
-
CHF/JPY
🔴 Top Shorts
-
USD/NZD
-
USD/CHF
-
USD/CAD
-
BTC/USD
⚠ Pullback Only
-
USD/JPY (longs only after short-term correction)
-
EUR/JPY
-
GBP/JPY
🧠 In One Line
“Sell the dollar.
Buy the euro and commodity currencies.
Gold is the trend itself.
Stay away from BTC.”
The current market could not be more clearly defined as a
textbook, easy-to-read trend market.
