📊 Technical Analysis – January 23, 2026
— “Dollar selling accelerates, the euro and commodity currencies show otherworldly strength, and yen crosses and gold are in full trend mode”
🌍 Market Power Structure
| Asset | Status |
|---|---|
| USD | ❌ In a complete downtrend |
| EUR | 🟢 Among the strongest currencies |
| AUD / NZD | 🟢 In a super-bullish zone |
| JPY | ❌ Broad selling pressure (yen crosses exploding higher) |
| GOLD | 🔥 Accelerating trend, extreme strength |
＝
“Broad USD weakness × Euro & commodity currencies dominating × Yen selling trend × Gold in a class of its own”
💱 Multi-Timeframe Summary
🔹 Dollar Majors
| Pair | Short Term (5–15m) | 1 Hour | Daily | Comment |
|---|---|---|---|---|
| EUR/USD (1.1741) | 🟢 Strong Buy | ⚪️ Neutral | 🟢 Strong Buy | Every dip is bought. Lead currency |
| GBP/USD (1.3529) | 🟢 Strong Buy | 🟢 Strong Buy | 🟢 Strong Buy | A full trend market |
| AUD/USD (0.6860) | 🟢 Strong Buy | 🟢 Strong Buy | 🟢 Strong Buy | The cleanest uptrend this cycle |
👉
The dollar now exists only “to be sold.”
Euro, pound, and Aussie are all instant buys on dips.
🔹 USD/JPY & Dollar Crosses
| Pair | Short Term | Daily | Assessment |
|---|---|---|---|
| USD/JPY | 🟢 Strong Buy → 🟥 Strong Sell | 🟢 Strong Buy | Battle at the top. Short term = sell rallies |
| USD/CAD | 🟥 Strong Sell | 🟥 Strong Sell | Pure USD-short zone |
| USD/CHF | 🟥 Strong Sell | 🟥 Strong Sell | Among the weakest USD pairs |
| USD/NZD | 🟥 Strong Sell | 🟥 Strong Sell | The weakest USD seat |
👉
Dollar crosses are so clean that
“just sell all of them” is enough.
🔹 Yen Crosses (The yen is a complete punching bag)
| Pair | Short Term | Daily | Comment |
|---|---|---|---|
| EUR/JPY (185.79) | 🟢 Strong Buy | 🟢 Strong Buy | A main leader |
| GBP/JPY (214.08) | 🟢 Strong Buy | 🟢 Strong Buy | The strongest trend |
| AUD/JPY (108.55) | 🟢 Strong Buy | 🟢 Strong Buy | Explosive power |
| CAD/JPY (114.93) | 🟢 Strong Buy | 🟢 Strong Buy | Stable uptrend |
| CHF/JPY (200.24) | 🟢 Strong Buy | 🟢 Strong Buy | Safe-haven currency, yet strongest |
| NZD/JPY (93.55) | 🟢 Strong Buy | 🟢 Strong Buy | Monster-class strength |
👉
This is the golden market of
“Sell yen, buy strong currencies.”
🔹 Gold (XAU/USD 4,936)
| Status |
|---|
| 🟢 Strong buy on all timeframes and indicators |
👉
The concept of “correction” no longer exists.
“Dip = buy.”
“Counter-trend = self-destruction.”
🧭 The Big Picture
🔺 Gold
🔺 Euro
🔺 Commodity currencies (AUD, NZD, CAD)
🔺 Yen crosses
🔻 Dollar
🔻 Yen
＝
“A perfect trend market where currency strength and weakness are aligned in one direction.”
🎯 Trading Strategy (BTC excluded)
🟢 Top Priority Longs
-
XAU/USD
-
AUD/USD
-
GBP/USD
-
EUR/USD
-
GBP/JPY
-
AUD/JPY
-
NZD/JPY
-
CHF/JPY
🔴 Top Priority Shorts
-
USD/CAD
-
USD/CHF
-
USD/NZD
⚠ Pullback Only
-
USD/JPY
(Do not touch until the short-term correction is completed)
🧠 One-Line Summary
“Sell the dollar and the yen.
Buy the euro and commodity currencies.
Ride the yen crosses.
And treat gold as a ‘god-tier trend.’”
Markets where currency strength and weakness align this perfectly
do not come many times in a year.
