๐ย Technical Analysis โ January 29, 2026
โย โThe dollar has completely collapsed on the daily chart, short-term is only a counter-trend rebound.
EUR, GBP, and AUD are forming pullbacks at extreme highs.
Gold shows no sign of slowing.โ
๐ย Market Power Structure
| Asset | Status |
|---|---|
| USD | โ Full bearish trend on daily chart, short-term squeeze/rebound |
| EUR | ๐ข The leading currency, still bought even at highs |
| GBP | ๐ข Stronger upward pressure than the euro |
| AUD | ๐ข The strongest among commodity currencies |
| JPY | โ Short-term yen selling, medium-term trend shifting back to JPY strength |
| GOLD | ๐ฅ Abnormal acceleration zone (ultimate capital refuge) |
| BTC | ๐ง Fully bearish trend, capital outflow locked in |
๐ฑย Multi-Timeframe Summary
๐น Dollar Pairs
| Pair | Short-term (5โ15m) | 1H | Daily | Key Point |
|---|---|---|---|---|
| EUR/USD (1.1949) | ๐ฅ Sell | ๐ฅ Strong sell | ๐ฉ Strong buy | Healthy pullback at extreme highs |
| GBP/USD (1.3793) | ๐ฅ Strong sell | ๐ฅ Strong sell | ๐ฉ Strong buy | Trend-continuation correction |
| AUD/USD (0.7037) | ๐ฅ Strong sell | ๐ฅ Strong sell | ๐ฉ Strong buy | Waiting for pullback completion |
๐
Short-term selling pressure, but daily trend remainsย strongly bullish.
The main trend is completely intact.
๐น USD/JPY and Dollar Crosses
| Pair | Short-term | Daily | Evaluation |
|---|---|---|---|
| USD/JPY (153.47) | ๐ฉ Strong buy | ๐ฅ Strong sell | Classic โrally to sellโ structure |
| USD/CAD (1.3554) | ๐ฉ Buy | ๐ฅ Strong sell | Rebound to create selling zones |
| USD/CHF (0.7683) | ๐ฉ Strong buy | ๐ฅ Strong sell | Textbook dollar-short pair |
| USD/NZD (1.6507) | ๐ฉ Strong buy | ๐ฅ Strong sell | Weakest daily dollar structure |
๐
โShort-term dollar buying = trapโ
โDaily dollar selling = core strategyโ
This structure is now complete.
๐น Cross-Yen (Transition Zone)
| Pair | Short-term | Daily | Comment |
|---|---|---|---|
| EUR/JPY (183.39) | ๐ฉ | ๐ฅ | Early phase of trend reversal |
| GBP/JPY (211.69) | ๐ฉ | ๐ฉ | Still strong but at extreme highs |
| AUD/JPY (107.99) | โช๏ธ | ๐ฉ | High-level consolidation |
| CAD/JPY (113.25) | ๐ฉ | โช๏ธ | Waiting for sell transition |
| CHF/JPY (199.77) | โช๏ธ | ๐ฉ | The strongest defensive currency |
| NZD/JPY (92.96) | ๐ฉ | ๐ฉ | Pullback formation type |
๐
Cross-yen pairs are at aย branch point:
some are turning bearish, others are still holding strength.
๐น Gold (XAU/USD 5,513)
| Status |
|---|
| ๐ข Strong buy on all timeframes |
๐
The ultimate destination for capital fleeing:
-
Dollar distrust
-
Currency distrust
-
Bitcoin distrust
The 5000 zone is no longer โexpensive.โ
It has become theย new normal.
๐น BTC/USD (87,850)
| Timeframe | Status |
|---|---|
| Short-term | ๐ฅ Strong sell |
| 1H | ๐ฅ Strong sell |
| Daily | ๐ฅ Strong sell |
๐
Completely disqualified as a safe haven.
The exact opposite of gold.
๐งญย The Big Picture
๐บ Gold
๐บ EUR / GBP / AUD
๐ป USD
โ JPY (early transition phase)
๐ป BTC
๏ผ
โCollapse of USD credibility โ capital flows into European & commodity currencies โ
final destination is Gold.โ
๐ฏย Trading Strategy
๐ขย Top Long Priorities
-
XAU/USD
-
EUR/USD (on pullbacks)
-
GBP/USD (on pullbacks)
-
AUD/USD (on pullbacks)
๐ดย Top Short Priorities (sell the rallies)
-
USD/JPY
-
USD/CAD
-
USD/CHF
-
USD/NZD
-
BTC/USD
๐ง ย One-Line Summary
โShort-term dollar rebounds are meant to confuse.
On the daily chart, the dollarโs defeat is already decided.
Buy EUR, GBP, and AUD.
The only true refuge is Gold.
BTC has become a graveyard for capital.โ
This is no longer a normal market phase.
We are already in theย mass capital migration โ Gold phase.
