๐ Technical Outlook โ January 6, 2026
โEuro selling takes the spotlight โ the dollar is firm, but still choppyโ
๐ฑ Multi-Timeframe Summary (Key Updates)
๐น Dollar Pairs โ euro stands out as the weakest
| Pair | 5โ15m | 1h | Daily | View |
|---|---|---|---|---|
| EUR/USD | ๐ป Strong Sell | ๐ป Strong Sell | ๐ป Sell | Clear weakness |
| GBP/USD | ๐ป Strong Sell | โช Neutral | ๐บ Strong Buy | Uptrend pausing |
| AUD/USD | ๐บ Strong Buy | ๐บ Buy | ๐บ Strong Buy | Firm tone |
๐ The dollar strength has shifted into a โeuro-focused sell theme.โ
Pullback selling in EUR/USD remains the higher-probability setup.
๐น USD/JPY & Dollar Crosses โ trend points higher, but short-term noise
| Pair | Short-term | Daily | Comment |
|---|---|---|---|
| USD/JPY | ๐ป Sell | ๐บ Buy | Noisy / whipsaw risk |
| USD/CAD | ๐ป Sell | โช Neutral | Unclear direction |
| USD/CHF | ๐บ Buy | โช Neutral | Tilting higher |
| USD/NZD | ๐บ Buy | ๐ป Strong Sell | Mixed signals |
๐ The dollar is gradually firming,
but short- and medium-term signals are not fully aligned.
โก Dollar longs are better treated as short-term trades for now.
๐น Cross-Yen โ consolidating at high levels
| Pair | Short-term | Daily | View |
|---|---|---|---|
| EUR/JPY | ๐ป | โช | Entering correction |
| GBP/JPY | ๐ป | ๐บ | Still strong |
| AUD/JPY | โช | ๐บ | Pullback mode |
| CAD/JPY | โช | โช | Neutral zone |
| CHF/JPY | ๐ป | ๐บ | Waiting for a bounce |
๐ This is not yen-strength reversal โ
more like a cooling-off phase after overheating.
๐น Gold & Bitcoin โ clear difference in โtemperatureโ
| Asset | View |
|---|---|
| XAU/USD (Gold) | Daily trend still bullish โ dips are bought |
| BTC/USD | Trend intact โ continuation bias |
๐ Gold refuses to break lower,
while BTC remains in a trend-following environment.
๐งญ Big Picture
๐ป Euro
๐บ Dollar (gradually firmer)
๐ Cross-yen โ sideways at highs
๐บ Gold & BTC
= โEuro-selling ร firm dollar ร risk assets still resilient.โ
๐ฏ Trade Ideas (Current Bias)
๐ฉ Preferred Longs
-
XAU/USD (Gold)
-
BTC/USD
-
Pullback-only: AUD/USD, GBP/USD
๐ฅ Preferred Shorts
-
EUR/USD (sell rallies)
-
EUR/JPY (short-term only)
โ Risk Notes
-
USD/JPY: short-term sell vs. daily buy โ direction mismatch
-
Expect choppy moves tied to the Dollar Index swings
๐ One-Line Summary
The main theme is euro selling.
The dollar is firm โ but still uneven.
Buy dips in gold and BTC.
