📊 Technical Analysis — May 26, 2026
Overall Summary
The market structure has shifted slightly:
- Dollar strength is slowing
- European currencies and cross-yen pairs are rebounding
- Equity markets remain strong
- Crude oil continues to weaken
In one sentence:
“A risk-on rebound inside a broader dollar uptrend.”
1. Dollar Momentum
The dollar had been extremely strong in recent sessions,
but the pace is starting to cool.
USD/JPY
- 5 min: Strong Sell
- 15 min: Neutral
- 1 hour: Strong Buy
- Daily: Strong Buy
→ Short-term correction underway
→ Medium- and long-term trend still higher
Holding in the 159 range remains a strong signal.
USD/CHF
- Short-term through hourly: Buy
- Daily: Neutral
→ Dollar strength remains intact
but upward momentum is no longer accelerating.
2. European Currencies
This is the key focus today.
EUR/USD
- Short-term: Strong Buy
- 1 hour: Strong Buy
- Daily: Strong Sell
→ A very clean rebound
However, the daily chart remains bearish.
Which means:
a rebound within a broader medium-term downtrend.
GBP/USD
Even stronger than EUR/USD.
Daily chart also showing buy signals.
→ The pound is proving relatively resilient.
3. Oceania
AUD/USD
- Short-term: Buy
- Daily: Neutral
→ Rebound continues
NZD/USD
Strong sell across all timeframes.
→ A clear divergence from AUD
AUD/NZD
Strong buy across all timeframes.
→ One of the cleanest trending pairs in the market right now.
4. Cross-Yen Pairs
Very strong overall.
EUR/JPY
Strong buy from 15-minute through daily.
GBP/JPY
Also very strong.
AUD/JPY
Strong buy across all timeframes.
→ Very clean bullish structure.
NZD/JPY
Broad weakness.
→ NZD selling remains very clear.
5. Gold & Silver
Rebounding,
but still heavy overall.
Gold
- Short-term: Buy
- Hourly: Sell
- Daily: Strong Sell
Silver
- Short-term: Neutral to Buy
- Hourly: Sell
→ Still looks like a technical rebound only.
6. Oil & Natural Gas
WTI Crude
Weak across the board.
Trading in the low $91 range.
→ Slower growth concerns are starting to weigh.
Natural Gas
Strong buy from 15-minute and higher.
→ Clear divergence within the energy sector.
7. BTC
Short-term momentum is strong.
- Hourly: Neutral
- Daily: Neutral
→ Appears to be stabilizing after the recent weakness.
8. Equities
This remains very strong.
U.S. Equities
Short-term softness,
but:
- 1 hour = Strong Buy
- Daily = Strong Buy
→ Uptrend remains intact.
DAX
Very strong.
FTSE 100
Strong across the board.
Nikkei
Daily chart remains strongly bullish.
64,970 continues to show strong momentum.
Strongest Markets
S Rank
- AUD/NZD
- AUD/JPY
- FTSE 100
- EUR/JPY
- DAX
- Nikkei 225
A Rank
- GBP/JPY
- EUR/USD (short-term)
- BTC
- Natural Gas
Weakest Markets
- NZD/USD
- NZD/JPY
- WTI crude oil
- Gold
- Silver
Final View
The overall structure remains:
“Dollar strength is still present.”
But now:
European currencies and cross-yen pairs are rebounding
while
equities continue to hold very strong.
From a trading perspective, the clearest setups currently look like:
Buy Bias
- AUD/JPY
- EUR/JPY
- GBP/JPY
- AUD/NZD
Sell-on-Rally Candidates
- NZD/USD
- NZD/JPY
- Gold
- WTI crude oil
That remains the cleanest way to read the market at the moment.
