📊 Technical Analysis – January 26, 2026
— “The USD has completely collapsed, EUR and commodity currencies are in another dimension, JPY strength is accelerating, Gold is firmly holding above 5,000, and BTC is structurally dead on the daily chart.”
🌍 Market Power Structure
| Asset | Status |
|---|---|
| USD | ❌ Full-scale sell trend (total collapse) |
| EUR | 🟢 Lead currency, acceleration phase |
| AUD / NZD | 🟢 Super bullish zone (commodity-currency driven) |
| JPY | 🟢 Yen strength accelerating rapidly |
| GOLD | 🔥 Runaway trend zone (firmly above 5,000) |
| BTC | 🧊 Daily chart is completely broken, structural downtrend |
＝
“Broad USD collapse × EUR & commodity currencies dominance × revival of JPY strength × Gold in another dimension × BTC structurally bearish”
💱 Multi-Timeframe Summary
🔹 Dollar Majors
| Pair | Short-term (5–15m) | 1H | Daily | Comment |
|---|---|---|---|---|
| EUR/USD (1.1860) | ⚪ Neutral | 🟢 Strong Buy | 🟢 Strong Buy | Consolidating near highs → waiting for re-acceleration |
| GBP/USD (1.3672) | 🟢 Strong Buy | 🟢 Strong Buy | 🟢 Strong Buy | Perfect trend market |
| AUD/USD (0.6923) | 🟢 Strong Buy | 🟢 Strong Buy | 🟢 Strong Buy | Beautiful, textbook uptrend |
👉
For dollar majors, there are only two choices:
“Buy, or wait for pullbacks to buy.”
🔹 USD/JPY & Dollar Crosses
| Pair | Short-term | Daily | Assessment |
|---|---|---|---|
| USD/JPY (153.77) | ⚪ → 🟥 Strong Sell | 🟥 Strong Sell | Yen uptrend confirmed |
| USD/CAD | 🟥 Strong Sell | 🟥 Strong Sell | Top priority for USD shorts |
| USD/CHF | 🟥 Strong Sell | 🟥 Strong Sell | Stable USD selling |
| USD/NZD | 🟥 Strong Sell | 🟥 Strong Sell | Weakest USD pair |
👉
“Sell the USD” has become the global consensus strategy.
🔹 Cross Yen (Fully in Yen-Strength Phase)
| Pair | Short-term | Daily | Comment |
|---|---|---|---|
| EUR/JPY (182.36) | ⚪ | 🟥 Sell | Clear trend reversal |
| GBP/JPY (210.23) | ⚪ | 🟥 Sell | Complete reversal from highs |
| AUD/JPY (106.46) | 🟢 → 🟥 | ⚪ | Breakdown after failed pullback |
| CAD/JPY (112.45) | ⚪ | 🟥 Strong Sell | Core yen-strength pair |
| CHF/JPY (198.17) | ⚪ | ⚪ | Only pair still holding, but weakening |
| NZD/JPY (91.83) | ⚪ | ⚪ | Breakdown from top range |
👉
The market has fully shifted to:
“Buy JPY, sell other currencies.”
🔹 Gold (XAU/USD 5,088)
| Status |
|---|
| 🟢 Strong Buy on both intraday and daily timeframes |
👉
Safe-haven demand has become extreme.
Gold is absorbing the chaos of the FX market as the ultimate capital refuge.
🔹 BTC/USD (87,848)
| Timeframe | Status |
|---|---|
| Short-term | ⚪ to 🟥 |
| 1 Hour | 🟥 |
| Daily | 🟥 Strong Sell |
👉
Capital has completely exited.
BTC shows the exact opposite capital flow of Gold.
🧭 The “Big Picture”
🔺 Gold
🔺 EUR
🔺 Commodity currencies (AUD, NZD)
🔻 USD
🔻 Cross JPY
🔻 BTC
＝
“A crisis market where all currency and asset strength/weakness aligns around USD collapse.”
🎯 Trading Strategy
🟢 Top Priority Long
-
XAU/USD
-
EUR/USD
-
GBP/USD
-
AUD/USD
🔴 Top Priority Short
-
USD/JPY
-
USD/CAD
-
USD/CHF
-
USD/NZD
-
All JPY crosses (EUR/JPY, GBP/JPY, CAD/JPY, AUD/JPY)
-
BTC/USD (sell only on rebounds)
🧠 One-Line Summary
“The USD has collapsed.
The JPY has returned as a safe haven.
Capital fleeing FX chaos is flowing entirely into Gold,
and BTC has been completely left behind.”
A market this perfectly aligned only appears at major turning points.
