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πŸ“Š Technical Analysis – January 19, 2026

πŸ“Š Technical Analysis – January 19, 2026

β€” β€œThe dollar pauses, while Yen crosses and Gold return to center stage”

πŸ’± Multi-Timeframe Summary (Key Updates)

πŸ”Ή Dollar Majors

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

πŸ‘‰ The dollar is being sold temporarily, and dollar majors have shifted into a β€œshort-term rebound phase.”
However, EUR/USD is still firmly in a daily downtrend, so this is not a trend reversal, only a corrective rebound.

πŸ”Ή USD/JPY & Dollar Crosses

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

πŸ‘‰ The previous β€œbroad dollar strength” structure has temporarily broken.
Dollar crosses are now entering a short-term profit-taking phase.

πŸ”Ή Yen Crosses (Clear Shift Back to Center Stage)

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

πŸ‘‰ The β€œweak yen trend” remains intact,
but yen crosses are now showing cleaner strength than USD/JPY itself.

πŸ”Ή Gold & Bitcoin

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

πŸ‘‰ 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 β€œshort rest.”

🧭 Updated Big Picture

πŸ”Ί Gold
πŸ”Ί Yen Crosses
πŸ” Dollar (in correction)
πŸ” BTC (high-level consolidation)
πŸ”» EUR/USD (mid-term bearish)

＝ β€œGold Γ— 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)

πŸŸ₯ Sell on Rallies

  • USD/NZD

  • EUR/AUD

  • EUR/GBP

πŸ“ One-Line Summary

β€œThe 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.”

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