πŸ“Š Technical Analysis – January 23, 2026

πŸ“Š Technical Analysis – January 23, 2026

β€” β€œDollar 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 πŸ”₯ Accelerating trend, extreme strength

=
β€œBroad USD weakness Γ— Euro & commodity currencies dominating Γ— Yen selling trend Γ— Gold in a class of its own”


πŸ’± Multi-Timeframe Summary

πŸ”Ή Dollar Majors

Pair Short Term (5–15m) 1 Hour Daily Comment
EUR/USD (1.1741) 🟒 Strong Buy βšͺ️ 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

πŸ‘‰
The dollar now exists only β€œto be sold.”
Euro, pound, and Aussie are all instant buys on dips.


πŸ”Ή USD/JPY & Dollar Crosses

Pair Short Term Daily Assessment
USD/JPY 🟒 Strong Buy β†’ πŸŸ₯ Strong Sell 🟒 Strong Buy Battle at the top. Short term = sell rallies
USD/CAD πŸŸ₯ Strong Sell πŸŸ₯ Strong Sell Pure USD-short zone
USD/CHF πŸŸ₯ Strong Sell πŸŸ₯ Strong Sell Among the weakest USD pairs
USD/NZD πŸŸ₯ Strong Sell πŸŸ₯ Strong Sell The weakest USD seat

πŸ‘‰
Dollar crosses are so clean that
β€œjust sell all of them” is enough.


πŸ”Ή 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

πŸ‘‰
This is the golden market of
β€œSell yen, buy strong currencies.”


πŸ”Ή Gold (XAU/USD 4,936)

Status
🟒 Strong buy on all timeframes and indicators

πŸ‘‰
The concept of β€œcorrection” no longer exists.
β€œDip = buy.”
β€œCounter-trend = self-destruction.”


🧭 The Big Picture

πŸ”Ί Gold
πŸ”Ί Euro
πŸ”Ί Commodity currencies (AUD, NZD, CAD)
πŸ”Ί Yen crosses
πŸ”» Dollar
πŸ”» Yen

=
β€œA perfect trend market where currency strength and weakness are aligned in one direction.”


🎯 Trading Strategy (BTC excluded)

🟒 Top Priority Longs

  1. XAU/USD

  2. AUD/USD

  3. GBP/USD

  4. EUR/USD

  5. GBP/JPY

  6. AUD/JPY

  7. NZD/JPY

  8. CHF/JPY


πŸ”΄ Top Priority Shorts

  1. USD/CAD

  2. USD/CHF

  3. USD/NZD


⚠ Pullback Only

  • USD/JPY
    (Do not touch until the short-term correction is completed)


🧠 One-Line Summary

β€œSell the dollar and the yen.
Buy the euro and commodity currencies.
Ride the yen crosses.
And treat gold as a β€˜god-tier trend.’”

Markets where currency strength and weakness align this perfectly
do not come many times in a year.

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