Technical Analysis – May 4, 2026
■ Overview
This market is very clear:
“Oil strongest, Gold/Silver weakest, Yen strength continues, BTC strong on daily but correcting short-term”
■ Market Leaders
1. WTI Crude Oil
- Strong buy across all timeframes
- Top-performing asset in the market
2. AUD/NZD
- Strong buy across all timeframes
- Clear AUD dominance
3. DAX
- Consistent strong buy
- Cleanest trend among equity indices
4. USD/JPY (Short Bias)
- Short-term rebound possible
- Daily timeframe remains strongly bearish
→ Yen strength pressure continues
■ Weak Assets
Gold & Silver
- Gold / Silver
- XAU/USD, XAG/USD all weak
- Silver particularly shows strong downside clarity
Cross Yen Pairs
- EUR/JPY, GBP/JPY, CHF/JPY, NZD/JPY
→ Bearish bias
→ Yen strength trend continues
CAC 40
- Overall weak
- Clear divergence vs DAX
■ Overall Ranking
S Rank
- WTI Crude Oil
- AUD/NZD
- DAX
- EUR/CHF (short-term long)
- USD/JPY (short)
- NZD/JPY (short)
A Rank
- BTC/USD (wait for dip)
- S&P 500 (buy dips)
- NASDAQ 100 (buy dips)
- CAD/JPY (short-term long)
- GBP/USD (daily long)
C Rank
- XAU/USD
- XAG/USD
- Gold
- Silver
- EUR/JPY
- GBP/JPY
- CHF/JPY
- CAC40
- Nikkei 225 (short-term weak)
■ Trading Strategy
Buy Candidates
- WTI Crude Oil
- AUD/NZD
- DAX
- EUR/CHF (short-term)
- CAD/JPY (short-term)
Sell Candidates
- Gold
- Silver
- XAU/USD
- XAG/USD
- NZD/JPY
- CHF/JPY
- CAC40
■ BTC
- Daily: Strong bullish
- 15min: Strong bearish
→ Wait for pullback confirmation before entry
→ Avoid chasing
■ Final Conclusion
This is a:
“Buy oil, sell gold/silver” market
In FX:
- Yen strength likely to continue
- Cross yen pairs → sell rallies
In equities:
- DAX strong
- US indices → buy dips
- Nikkei & CAC → weak short-term
Clarity is high. Execution discipline is everything.
