πŸ“Š Technical Analysis β€” March 17, 2026

πŸ“Š Technical Analysis β€” March 17, 2026


β–  Market Phase

πŸ‘‰ The market is currently in a transition phase:

  • Short-term: Risk-on rebound

  • Medium-term (daily trend): Still risk-off

In other words:

β€œEarly-stage reversal, but the primary trend has not changed yet.”


🌍 Updated Market Structure

Conclusion

  • Short-term: Risk-on (rebound phase)

  • Daily trend: Still risk-off

Market Status
U.S. Equities Rebounding (but weak on daily)
FX USD correcting
Yen Crosses Rising (risk-on signal)
Oil πŸ”₯ Strong uptrend
Precious Metals ❌ Ψ§Ψ³ΨͺΩ…Ψ±Ψ§Ψ± downtrend
BTC Pullback

πŸ’± FX (Key Insights)

EUR/USD

  • Short-term: Strong Buy

  • Daily: Strong Sell

➑ Sell-the-rally market


GBP/USD

➑ Same structure: Sell rallies


AUD/USD

  • Daily: Strong Buy

➑ Exceptionally strong currency


NZD/USD

➑ Weak β†’ Sell rallies


πŸ’΄ Yen Crosses (Key Shift)

This is the most important change in the market πŸ‘‡

Pair Status
AUD/JPY πŸ”₯ Strong Buy
GBP/JPY Strong Buy
EUR/JPY Buy
CHF/JPY Strong Buy

➑ Short-term risk-on confirmed


πŸ›’ Oil

  • All timeframes: Strong Buy

➑ The main driver of this market


πŸ₯‡ Precious Metals

  • GOLD / SILVER β†’ Broad-based selling


πŸͺ™ BTC

  • Short-term: Sell

  • Daily: Buy

➑ Pullback within uptrend


πŸ“‰ Equities

  • Daily: Strong Sell

  • Short-term: Rebound

➑ Corrective bounce within a downtrend


🌍 Currency Strength

Strong

1️⃣ AUD
2️⃣ JPY (slightly weakening)
3️⃣ CAD

Weak

1️⃣ EUR
2️⃣ GBP
3️⃣ NZD


πŸ“Š Best Short Opportunities

1️⃣ GOLD (XAU/USD)
2️⃣ SILVER (XAG/USD)
3️⃣ EUR/USD (sell rallies)
4️⃣ GBP/USD (sell rallies)
5️⃣ NZD/USD


πŸ“ˆ Best Long Opportunities

1️⃣ Crude Oil (WTI) πŸ”₯ strongest
2️⃣ AUD/JPY
3️⃣ GBP/JPY
4️⃣ EUR/JPY
5️⃣ CHF/JPY


🧠 Core Market Logic

Current structure:

Equities ↓ (daily trend)
↓
Short-term rebound
↓
JPY weakens β†’ Yen crosses rise

At the same time:

Energy ↑↑↑

πŸ‘‰ Oil remains the dominant force


πŸ“Œ One-Line Summary

β€œShort-term risk-on, but the main trend is still risk-off.”


🎯 Strategy (Tailored to Your Style)

Given your trend + structure-based approach, this is the optimal positioning:


βœ” Main Strategy

πŸ‘‰ Long Oil (Top Priority)

  • Strong trend across all timeframes

  • Core driver of current market


βœ” Secondary Strategy

πŸ‘‰ Short-term longs in yen crosses

  • Take advantage of risk-on rebound

  • Focus on AUD/JPY, GBP/JPY


βœ” Primary Setup to Build

πŸ‘‰ Wait for EUR/USD rally β†’ sell

  • Aligns with higher timeframe downtrend

  • Higher probability setup after rebound completes


πŸ“Œ Key Insight

This is not a market to blindly chase momentum.

πŸ‘‰ It’s a β€œtransition phase” market:

  • Trade short-term rebounds

  • But position for continuation of the broader trend

This is exactly the kind of environment where
structure-based traders outperform.

More Insights