Technical Analysis Report – June 25, 2026
Market Overview
The overall market theme remains unchanged from the previous session:
“Dollar Dominance and Weak Risk Assets.”
Capital continues to flow into:
- U.S. Dollar
- Natural Gas
while the following assets remain under pressure:
- Euro
- British Pound
- Australian Dollar
- New Zealand Dollar
- Gold
- Crude Oil
Equity markets, however, are showing a regional divergence.
European equities and Japanese stocks continue to perform well, while U.S. equities remain in a short-term corrective phase.
Strongest Currency
U.S. Dollar
USD/JPY
161.82
Strong Buy across all timeframes
USD/CHF
0.8120
Strong Buy across all timeframes
The bullish trend in the U.S. dollar remains firmly intact.
Both USD/JPY and USD/CHF continue to display the clearest and most stable uptrends in the FX market.
Euro
EUR/USD
1.1355
Strong Sell across all timeframes
EUR/USD remains one of the biggest casualties of the ongoing dollar rally.
The broader trend continues to favor selling into rallies.
EUR/JPY
183.74
Strong Sell across all timeframes
While USD/JPY continues to rise, most yen crosses remain weak.
This reflects euro weakness rather than broad-based yen strength.
British Pound
GBP/USD
1.3175
Strong Sell across all timeframes
GBP/JPY
213.19
Selling pressure dominates from short-term through daily charts.
Like the euro, sterling remains weak against both the U.S. dollar and the Japanese yen.
Australian Dollar & New Zealand Dollar
AUD/USD
0.6897
Strong Sell across all timeframes
NZD/USD
0.5644
Strong Sell across all timeframes
Selling pressure on commodity-linked currencies remains intense.
The New Zealand dollar continues to underperform.
Yen Crosses
The weakest cross-currency pairs remain:
- EUR/JPY
- GBP/JPY
- AUD/JPY
- NZD/JPY
- CAD/JPY
- CHF/JPY
While USD/JPY continues to strengthen, nearly all other yen crosses remain under pressure.
Gold
Gold (XAU/USD)
$3,999
Strong Sell across all timeframes
Gold has fallen toward the psychologically important $4,000 level.
The combination of a stronger U.S. dollar and higher real interest rates continues to weigh heavily on precious metals.
Silver
Silver (XAG/USD)
$57
The daily chart continues to signal a strong bearish trend.
Although short-term momentum has slowed, the medium- and long-term outlook remains negative.
Bitcoin
Bitcoin (BTC/USD)
$61,721
Short-term momentum has become neutral.
However, the daily trend remains firmly bearish.
While occasional rebounds are possible, the medium-term bias still favors further downside.
Crude Oil
WTI Crude Oil
$69.62
Short-term charts suggest the possibility of a modest rebound.
However, the daily trend remains decisively bearish.
The broader downtrend is still intact.
Natural Gas
Natural Gas
3.332
Strong Buy across all timeframes
Natural gas remains one of the strongest-performing assets in today’s market.
It continues to be the only major commodity displaying a clear and consistent uptrend.
Equity Markets
U.S. Equities
- Dow Jones: Short-term Sell / Daily Buy
- S&P 500: Strong Sell on the hourly chart
- NASDAQ 100: Strong Sell on the hourly chart
U.S. equities remain in a short-term correction.
European Equities
- DAX: Strong Buy
- FTSE 100: Strong Buy across all timeframes
- CAC 40: Strong Buy across all timeframes
European stock markets continue to show impressive resilience.
Nikkei 225
72,419
Buy across all timeframes
The Nikkei continues to maintain a powerful bullish trend and remains one of the strongest global equity markets.
Strength Ranking
S-Tier
- USD/JPY
- USD/CHF
- Natural Gas
A-Tier
- Nikkei 225
- FTSE 100
- CAC 40
- DAX
Weakness Ranking
- EUR/USD
- GBP/USD
- AUD/USD
- NZD/USD
- EUR/JPY
- Gold
- Crude Oil
- Bitcoin (Daily Chart)
- S&P 500 (Hourly Chart)
- NASDAQ 100 (Hourly Chart)
Current Market Theme
Assets Being Bought
- U.S. Dollar
- Natural Gas
- Japanese Equities
- European Equities
Assets Being Sold
- Euro
- British Pound
- Australian Dollar
- New Zealand Dollar
- Gold
- Crude Oil
- Bitcoin (medium-term)
- U.S. Equities (short-term)
Trading Perspective
Preferred Long Setups
- USD/JPY
- USD/CHF
- Natural Gas
- Nikkei 225
Preferred Short Setups
- EUR/USD
- GBP/USD
- AUD/USD
- NZD/USD
- EUR/JPY
- Gold
- Crude Oil
Conclusion
The latest technical picture confirms that U.S. dollar strength continues to intensify.
At the same time, gold has fallen toward the $4,000 level, while crude oil has slipped below $70, highlighting broad weakness across the commodity sector.
Equity markets are showing increasing regional divergence.
While U.S. stocks remain in a short-term correction, both Japanese and European equities continue to maintain solid uptrends.
For now, the highest-probability trading opportunities remain:
- Long U.S. Dollar (especially USD/JPY and USD/CHF)
- Short Commodity Currencies (EUR/USD, AUD/USD, and NZD/USD)
These continue to offer the clearest technical trends across the global financial markets.
