📊 Technical Analysis — March 18, 2026

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■ Market Condition

👉 Full risk-off has resumed (strong)

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🔥 Situation Summary

• Equities: Broad-based collapse-level selling

• Yen crosses: Sharp decline across the board

• Precious metals: Continued strong selling

• BTC: Fully breaking down

• USD: Strong again

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🧠 Macro Structure

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📉 Equity Markets

👉 Clear risk-off dominance

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💱 FX (Key Focus)

✔ EUR/USD

• Short-term: Short covering

• Daily: Strong Sell

👉 Sell-the-rally confirmed market

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✔ GBP/USD

👉 Same structure: Sell rallies

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✔ USD/JPY

• Short-term: Sell

• Daily: Buy

👉 Corrective pullback (JPY strength dominating short-term)

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💴 Yen Crosses (Main Battlefield)

This is the most important area 👇

👉 Yen cross shorts are the primary opportunity

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🥇 Precious Metals

👉 Not acting as safe havens (important signal)

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🛢 Oil

• Daily: Strong Buy

• Short-term: Sell

👉 Pullback at high levels

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🪙 BTC

👉 Sell across all timeframes

➡ Full risk asset breakdown

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🌍 Currency Strength

Strong

1️⃣ USD
2️⃣ JPY
3️⃣ CHF

Weak

1️⃣ NZD
2️⃣ EUR
3️⃣ GBP

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📊 Best Short Opportunities

1️⃣ CHF/JPY 🔥 strongest trend
2️⃣ NZD/JPY 🔥 cleanest setup
3️⃣ S&P 500 / NASDAQ
4️⃣ EUR/USD (sell rallies)
5️⃣ GOLD

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📈 Best Long Opportunities

(Very limited)

1️⃣ USD/CHF
2️⃣ USD/JPY (buy dips)
3️⃣ Natural Gas (short-term)

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🎯 Trading Strategy (Very Important)

✔ Main

👉 Short Yen Crosses (Primary focus)

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✔ Secondary

👉 Short Equity Indices

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✔ Supplemental

👉 Sell EUR/USD on rallies

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⚠️ Key Warning

This market is:

👉 “No safe haven risk-off”

• Equities ↓

• BTC ↓

• Gold ↓

This indicates:

👉 Strong liquidity withdrawal across all asset classes

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📌 One-Line Summary

👉 “Broad market breakdown = Yen cross short market.”