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πŸ“Š Technical Analysis – January 21, 2026

πŸ“Š Technical Analysis – January 21, 2026

β€œBroad USD weakness Γ— Commodity currencies and the euro dominate Γ— Gold accelerating Γ— BTC completely losing momentum”

🌍 Market Power Structure

Asset Status
USD ❌ A full-scale selling trend remains in place
EUR 🟒 Leading currency, driving the upside
AUD / NZD 🟒 Commodity currencies in a super-bullish leadership zone
JPY ⚠ Short term: stronger due to USD weakness / Long term: structural JPY weakness
GOLD πŸ”₯ Extreme zone of capital flight + accelerating trend
BTC 🧊 Full downtrend driven by capital outflow

πŸ’± Core Currency Views

πŸ”Ή EUR/USD (1.1720)

  • Short term: 🟒 Strong Buy

  • Daily: 🟒 Strong Buy

β†’ The centerpiece of a full uptrend.
The main leader of the current market.

πŸ”Ή USD/JPY (157.88)

  • Short term: πŸ”΄ Strong Sell

  • Daily: 🟒 Strong Buy

β†’ A critical decision point.
β€œShort term = USD selling, long term = JPY selling trend still alive.”
= A pullback-buy-only zone.

πŸ”Ή AUD/USD (0.6760)

  • All timeframes: 🟒 Strong Buy

β†’ The cleanest and most beautiful trend structure in this market.
Every pullback can be bought.

πŸ”Ή USD/CAD Β· USD/CHF Β· USD/NZD

All of them:

  • All timeframes: πŸ”΄ Strong Sell

β†’ Top priority USD short zone.
When in doubt, sell these three.

πŸ” Yen Crosses

Pair Status
EUR/JPY Buy on short term, strong buy on daily
GBP/JPY Short-term sell, daily waiting-for-pullback
AUD/JPY Strong buy on all timeframes = textbook trend
CAD/JPY Overall strong buy dominance
CHF/JPY Mostly buy on all timeframes = stable uptrend
NZD/JPY Strong buy on all timeframes = top-class trend

πŸ₯‡ Gold (XAU/USD 4,857)

  • Hourly & Daily: 🟒 Strong Buy

  • Price zone: full trend-acceleration territory

This is a market where:

β€œTechnical breakout Γ— Currency distrust Γ— Capital flight”
are exploding simultaneously.

Counter-trend trades here are basically stepping into an incinerator.

🧊 BTC/USD (88,500)

  • All timeframes: πŸ”΄ Strong Sell

  • A complete capital outflow structure

The exact opposite of gold.
BTC is becoming the destination of capital liquidation, not inflow.

🎯 Trading Priority (Right Now)

🟒 Top Longs

  1. XAU/USD

  2. AUD/USD

  3. EUR/USD

  4. NZD/JPY

  5. AUD/JPY

  6. CHF/JPY

πŸ”΄ Top Shorts

  1. USD/NZD

  2. USD/CHF

  3. USD/CAD

  4. BTC/USD

⚠ Pullback Only

  • USD/JPY (longs only after short-term correction)

  • EUR/JPY

  • GBP/JPY

🧠 In One Line

β€œSell the dollar.
Buy the euro and commodity currencies.
Gold is the trend itself.
Stay away from BTC.”

The current market could not be more clearly defined as a
textbook, easy-to-read trend market.

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