BTC at a Critical Inflection Point Following a Decisive Sell-OffHello, I'm Camila.
Price declined decisively, reflecting strong bearish momentum as sellers maintained clear control over the market. However, once price reached a key support area, selling pressure began to fade, suggesting that buyers were starting to show interest.
This was followed by a strong rebound that broke above the short-term descending trendline, marking the first meaningful sign of a potential trend shift. This breakout indicates that buyers are returning to the market and actively attempting to regain control.
The immediate upside target is located around the 107,000 USD area, which aligns with the 0.5–0.618 Fibonacci retracement zone. This region often acts as a magnet for price, attracting corrective moves before the market commits to its next directional decision.
If buyers are able to hold above the recent breakout level and build momentum, a deeper recovery move may unfold. On the other hand, failure to sustain price above this level could lead to a pullback into the demand zone for a retest before the next advance.
In summary, buyers are cautiously probing the market. The key question now is whether they can maintain control above the breakout point and confirm the shift in market structure.
Wishing you disciplined and successful trading.
Buy
Technical Rebound at Key EMA, Medium-Term Uptrend Remains IntactHello everyone,
EUR/USD has just completed a fairly deep but well-controlled correction. The prior sell-off pulled price back toward the medium-term EMA zone around 1.1680–1.1700, and the subsequent rebound suggests selling pressure is no longer expanding, while buyers have started to step in to defend the broader structure.
Although price briefly printed a lower low in the short term, the medium-term picture has not been broken. At the moment, EUR/USD is fluctuating around the confluence of EMA 34 and EMA 89 near 1.1730–1.1740 — a key decision area. Holding above this zone would give the market room to continue consolidating and recovering; failure here could open the door for a retest of the prior lows.
From a macro perspective, the current backdrop does not place significant pressure on the euro. The Fed remains cautious and data-dependent, limiting the upside in US Treasury yields. Meanwhile, the ECB continues to maintain a moderately firm stance, helping EUR hold a stable price base. Upcoming data such as services PMI and US jobless claims may trigger short-term volatility, but in my view, they are unlikely to alter the medium-term trend unless a major surprise emerges.
BTC/USD H4 – Pausing to Consolidate the UptrendHello everyone,
Looking at the BTC/USD H4 chart, what stands out to me is not the few recent red candles, but the way the market is slowing down after a very decisive rally. After moving from the 88,000 area up toward nearly 95,000, Bitcoin has started to cool off and pull back into the 92,000–93,000 zone. To me, this is a fairly natural price reaction following a strong advance, as capital needs time to rebalance before the market commits to its next directional move.
From a technical standpoint, the medium-term bullish bias has not been compromised. Price is currently pulling back into the confluence zone of EMA 34 and EMA 89 — an area that often acts as a “support base” within a healthy trend. The fact that BTC continues to hold above the slower EMA suggests that bullish momentum has not been broken, and that the current retracement is more consistent with short-term profit-taking than with genuine distribution.
A constructive detail lies in the price behavior during the recent pullback. Selling volume has not expanded, while the corrective candles show narrower ranges compared to the prior impulsive advance. This indicates that supply pressure is fading, while buyers have not stepped aside. Historically, this type of price action often leads to a brief consolidation phase before the market resumes its primary direction.
Stepping back from the chart to look at the broader context, the current macro backdrop remains supportive for Bitcoin. Recent US economic data point to easing inflation while growth remains moderate. This makes a shift toward a more aggressive monetary stance less likely, helping to preserve a relatively stable “risk-on” environment for risk assets.
In addition, early-year market sentiment has improved noticeably after the holiday period.
Capital is flowing back into equities and crypto, and Bitcoin is often among the first beneficiaries when risk appetite improves. Reports from international financial media also suggest that institutional money has not exited the market, but is instead repositioning after the strong year-end rally — a narrative that aligns well with what the H4 chart is currently showing.
Gold Bullish Outlook | Dollar Weakness & Geopolitical Risks!Hey Traders,
In the coming week, we are closely monitoring XAUUSD (Gold) for a potential buying opportunity around the 4,280 zone. Gold remains in a strong bullish trend and is currently undergoing a healthy corrective pullback, approaching a key trendline confluence and 4,280 support & resistance zone, which could act as a high-probability demand area.
From a macro perspective, the recent weakness in the US Dollar continues to support upside momentum in Gold. Additionally, last night’s escalation of US tensions with Venezuela has increased geopolitical uncertainty, further boosting safe-haven demand for Gold, which strengthens the bullish bias.
As always, wait for confirmation and manage risk accordingly.
Trade safe,
Joe.
XAU/USD – The bullish trend continues to strengthenAs we move into the early sessions of 2026, gold continues to reinforce its role as a safe-haven asse t amid escalating geopolitical tensions following U.S. military actions in Venezuela . The sharp 2.7% surge in the previous session signals a clear return of defensive capital flows, especially as global markets face rising uncertainty. At the same time, expectations of further Fed rate cuts this year are creating a favorable environment for non-yielding assets such as gold.
From a technical perspective, the H4 chart confirms that XAU/USD’s bullish structure remains firmly intact . After a brief corrective phase, price quickly rebounded from the 4,440 zone, validating it as a key instant support where buying pressure consistently emerges. The recovery legs are decisive and well-supported, indicating that buyers remain firmly in control of the broader trend .
As long as price continues to hold above this support area, the high-probability scenario points toward a renewed advance toward 4,520, followed by a potential extension to the 4,600 resistance zone. With safe-haven demand still active, any near-term pullbacks are likely to remain technical in nature, serving as a base for further upside continuation in XAU/USD.
Gold H1 Analysis: Resistance Reaction Signals a Healthy PullbackHello, I’m Camila.
Looking at the H1 chart, I can see that gold has reached a well-defined resistance zone and is now reacting rather than breaking through impulsively. Instead of aggressive continuation, price action is showing hesitation, with shorter candles and overlapping ranges. This behavior tells me that bullish momentum is pausing, not reversing, as the market reassesses value after the recent advance.
From a structural standpoint, the broader bullish framework remains intact. The prior impulse leg is still respected, and there is no evidence of a confirmed bearish break of structure. What we are witnessing now is a controlled pullback, typical in trend-driven markets, where price steps back to test whether previous demand is still active. In healthy uptrends, this kind of retracement is often a necessary process to build fuel for the next leg higher.
The zone I am monitoring most closely sits around 4,450, where price is likely to seek liquidity and test buyer commitment. If gold rotates lower into this area and selling pressure continues to fade, I would expect buying interest to re-emerge. Such a reaction would reinforce the bullish narrative and open the door for price to rotate back toward the upper resistance band around 4,520 – 4,550. Only a clean loss of this support area would force me to reassess the current bullish bias.
On the fundamental side, the backdrop continues to favor gold. Persistent geopolitical uncertainty and unresolved macroeconomic risks are keeping safe-haven demand alive. At the same time, expectations that the Federal Reserve will avoid a sharply hawkish shift are limiting upside pressure on the U.S. dollar and Treasury yields. With several high-impact U.S. data releases ahead, I expect volatility to remain uneven, reinforcing the likelihood of a pullback-then-continuation environment rather than a one-directional move.
In summary, I view the current price action as a pause within an ongoing uptrend. As long as gold holds above the key support area and continues to show diminishing bearish momentum, the path of least resistance remains higher after this corrective phase.
Wishing you calm execution and disciplined trading.
XAUUSD – A Healthy Reset Before Trend ContinuationHello, I’m Camila.
Observing the XAUUSD H4 chart, I believe the market is unfolding exactly as a technical correction within a well-defined uptrend. After price was rejected at the upper resistance of the ascending channel, gold deliberately pulled back to retest the channel’s dynamic support. This move should not be interpreted as a trend reversal, but rather as a natural and rational response following a steep and extended rally.
What stands out to me is how price behaves upon reaching the support zone. Selling pressure has not expanded further; instead, downside momentum has clearly slowed, accompanied by signs of supply absorption at the highlighted support area. This is classic price behavior in a healthy uptrend: the market retraces to lower levels to assess whether buyers remain committed to defending the underlying structure.
From a structural perspective, the ascending channel remains intact. Price has not broken below the lower boundary of the channel, and the entire pullback still falls well within acceptable corrective limits. This indicates that the medium-term bullish trend remains unbroken. I see no clear evidence of distribution at this stage; rather, the market appears to be undergoing a temporary rebalancing of supply and demand before the primary trend resumes.
My preferred scenario is for gold to stabilize and consolidate around the dynamic support zone, marked as a BUY area on the chart. If buying interest continues to emerge and price maintains its higher-low structure, the market is likely to form a technical rebound. From there, gold could move back toward a retest of the upper resistance zone previously highlighted. A decisive breakout above that area would confirm trend continuation and open the door to higher targets in the next phase.
From a macro perspective, the broader backdrop continues to support this bullish outlook. Ongoing global economic and geopolitical uncertainties sustain demand for safe-haven assets, while expectations of a more accommodative Federal Reserve stance help cap U.S. dollar strength and Treasury yields. In this environment, pullbacks in gold are better viewed as strategic opportunities, rather than early signals of a trend reversal.
In summary, based on what the chart is showing, I consider the current decline to be a necessary step back before the next advance. Once the market completes its support test and buying strength is reaffirmed, gold is likely to revisit resistance and continue along the upward path already established.
Wishing you disciplined trading, a calm mindset, and decisions aligned with market structure.
XAUUSD – Geopolitical Rally, Market Near Trend ConfirmationHello everyone, this is Domic.
During the Asian session, gold rebounded sharply from the 4.33x area to above 4.39x, signaling a clear return of defensive flows after news that the US launched a military operation in Venezuela and detained President Maduro. Although the military action itself has concluded, Washington’s announcement of a temporary takeover to stabilize the country and oversee oil production has kept geopolitical uncertainty in Latin America elevated. In this context, gold continues to be favored as a safe haven rather than higher-risk assets.
Another notable factor is crude oil pulling back toward the 57 USD/barrel area. This suggests the market is viewing the Venezuela situation primarily through a geopolitical risk lens rather than as an immediate threat to energy supply. Rising uncertainty without a corresponding spike in oil-driven inflation expectations creates a more supportive short-term backdrop for gold.
On the H4 timeframe, technical signals are turning more constructive. Price remains above the slower EMA and has reclaimed the faster EMA after the year-end pullback. In hindsight, the decline from the 4.55x area down to 4.28x appears corrective rather than distributive. The strong reaction from the demand zone and the ability to sustain the rebound indicate that buyers have regained short-term control, placing the market in a phase where the uptrend is being confirmed rather than challenged.
Wishing you all effective and successful trading!
AUD/USD – Corrective pressure emerges after inflation coolsIt can be observed that AUD/USD is starting to show signs of slowing down after a relatively smooth advance. While the medium-term trend has not been fully broken , the latest macroeconomic factors from Australia are making the market more cautious toward the AUD.
From a fundamental perspective, Australia’s November CPI fell more than expected (3.4% vs. a 3.6% forecast and down from 3.8% previously). This indicates that headline inflation pressures are easing rapidly, particularly due to lower electricity prices. For the market, this development reduces expectations that the RBA will maintain a hawkish stance, thereby adding short-term downside pressure on the AUD — despite core inflation remaining sticky.
On the chart, AUD/USD has moved close to the resistance zone around 0.6780 within its ascending channel and is starting to show signs of exhaustion. Price is pulling away from the upper boundary of the channel, while 0.6730 stands out as the nearest support level. The current structure leans more toward a technical correction rather than a renewed bullish breakout.
In the base scenario, if selling pressure persists , AUD/USD may pull back to retest 0.6730, or even extend lower toward the lower support area of the ascending channel. Only if core CPI unexpectedly shifts RBA policy expectations would the AUD have a chance to regain immediate upside momentum.
Overall, AUD/USD is entering a necessary “cool-off” phase . With inflation easing and technical resistance overhead, the current pullback is more likely a rebalancing move before the market commits to a clearer directional bias.
EURUSD Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.16600 zone, EURUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.16600 support and resistance area.
Trade safe, Joe.
GOLD MARKET – MARKET STRUCTURE in M30 GOLD MARKET – MARKET STRUCTURE (M30)
SELL Zone: 4510 – 4515
TP: 4480 – 4435
SL: 4525
• This is an HTF Supply zone – a supply area on the H1 timeframe where strong selling pressure has previously occurred.
• Suitable for selling based on larger timeframes, prioritizing tight volume management.
• Wait for a clear confirmation signal; avoid blind selling while the price is still rising sharply.
BUY Zone: 4435 – 4440
TP: 4470 – 4505
SL: 4425
• This is intraday demand within a M30 uptrend structure.
• Price is maintaining a higher high – higher low pattern; a pullback to demand is normal in a trend.
• Expect buying pressure to return to this area if a ChoCH/BOS pattern appears on M5–M15.
• Prioritize buy orders with confirmation; avoid entering trades when prices fall sharply and uncontrollably.
➤ Current Market Structure
On the M30 timeframe, the current structure continues to print higher highs and higher lows. However, price is now moving into a sensitive decision area with no clear breakout confirmation yet. The M30 bias remains bullish, but price is currently at a critical decision zone.
➤ HTF Supply (Higher-Timeframe Supply)
4,505 – 4,520
➤ Reaction Zone (Decision Zone)
4,455 – 4,485
This is the area where price is currently trading and acts as a balance zone between supply and demand. Multiple short-term reversals have occurred here, highlighting strong buyer–seller indecision.
• A clean hold and breakout above this zone increases the probability of continuation toward the HTF Supply.
• A clear rejection from this zone increases the likelihood of price rotating back to test lower demand.
➤ Intraday Demand (Short-Term Support)
4,435 – 4,450
This is a short-term demand area where price may pull back within the current bullish move. The zone is suitable for buy-on-pullback setups. If this area is broken, short-term bullish momentum will weaken.
➤ HTF Demand (Higher-Timeframe Support)
4,325 – 4,340
This is a higher-timeframe demand zone and the foundation of the current recovery move. If price returns to this area and buyers fail to defend it, the bullish M30 structure will be invalidated, and the market may shift back to a bearish phase.
➤ Market Scenarios
• Primary scenario: Price holds above Intraday Demand → continues consolidating within the Reaction Zone → breaks out toward HTF Supply.
• Alternative scenario: Price is rejected from the Reaction Zone → breaks below Intraday Demand → deeper correction toward HTF Demand.
EUR/USD: A Healthy Correction Ahead of the Next RallyHello everyone, Camila here!
On the H4 timeframe, the bullish structure remains clearly intact. Price continues to form higher highs and higher lows, while the ascending trendline drawn from key swing lows is still being respected by the market. This indicates that the primary buying pressure has not left the market.
After breaking out of the compression area and printing a new high, EUR/USD has entered a correction to retest the previous breakout zone. This is a very common technical behavior associated with institutional money flows. The market often returns to recently broken levels to confirm the role shift from resistance to support.
The current correction, in my view, represents a healthy pullback rather than a distribution phase. Selling pressure has not expanded, downside momentum remains controlled, and the bullish structure has not been compromised. In particular, the 1.1650–1.1660 area stands out as a key support zone, as it aligns with prior structural support and the 50% Fibonacci retracement of the latest bullish impulse.
In the scenario I am monitoring, EUR/USD may continue to decline toward the 1.1650–1.1660 area to test demand. If price holds this zone and fresh buying signals emerge, the market is likely to rebound toward the 1.1740–1.1760 resistance zone. A strong break above this resistance would open the door for further upside extension in the medium term.
From a news and macroeconomic perspective, EUR/USD is receiving a degree of support. Expectations that the Fed will maintain a dovish stance throughout 2026 continue to put pressure on U.S. Treasury yields, leading to a relatively weaker U.S. dollar. Recent U.S. economic data point to slowing growth, while inflation is gradually easing, increasing the likelihood of monetary policy easing going forward.
In Europe, the ECB continues to maintain a cautious stance without signaling aggressive easing, which helps the euro preserve relative stability. Amid ongoing global economic and geopolitical uncertainty, capital flows are becoming more flexible rather than being concentrated entirely in the U.S. dollar as in previous periods.
In conclusion, in my personal assessment, EUR/USD does not appear weak at this stage. Instead, the market is undergoing a necessary phase of consolidation and technical correction. The 1.1650–1.1660 area will be the key zone that determines the next directional move. As long as price remains above the ascending trendline, I continue to prioritize a trend-following long scenario, patiently waiting for confirmation rather than chasing short-term volatility.
Wishing you successful trading.
XAUUSD - Macro Tailwinds Align with a Technically Intact UptrendHello everyone, Camila here!
From a fundamental perspective, gold continues to receive clear support from macroeconomic factors. Expectations that the Fed will maintain a dovish stance throughout 2026 are keeping downward pressure on U.S. Treasury yields. As yields cool, the opportunity cost of holding gold declines, allowing capital to rotate back into the precious metal. In addition, ongoing geopolitical risks and unresolved global economic uncertainties mean that gold remains a preferred defensive asset.
From a technical standpoint, I see no signs of a trend reversal at this stage. On the H4 timeframe, the bullish structure remains firmly intact, with a clear sequence of higher lows. The ascending trendline extending from November to the present continues to be respected, indicating that buying pressure still dominates the medium-term market direction.
The 4.28x–4.30x price zone plays a critical role in the overall structure. This area previously acted as strong resistance and has now successfully flipped into support after being broken. Repeated price reactions and rebounds from this zone suggest that the market is accepting a higher price base, rather than entering a distribution phase.
Following the sharp correction from the recent peak, price behavior indicates that selling pressure has lost momentum. Instead of extending lower, price has begun to consolidate and form a structure resembling an inverse Head & Shoulders. The right shoulder remains relatively tight, signaling weakening bearish pressure and active supply absorption. This phase often represents a “pause” before the primary trend resumes.
My preferred short-term scenario is a modest break above the upper resistance, followed by a pullback to retest the newly broken area. If the underlying support continues to hold, this retracement should remain purely technical. In that case, gold would have a solid foundation to extend its advance toward the 4.49x region in the coming sessions.
Wishing you successful trading.
GOLD (XAUUSD) — Sell From Resistance | Targets 4,412 → 4,330Gold prices are currently holding firm in strong demand after a positive correction within a bullish market structure. Prices have broken through resistance levels several times, but the next resistance is the all-time high (ATH). Sellers will likely prevent the price from breaking through and reaching a new peak just before news from the White House.
A sharp drop is expected when the price reaches the predicted resistance level of 4,491.
If the price fails to break through and holds below this resistance, a liquidation is likely to occur, and the price will quickly fall to 4,400.
Despite being in an uptrend, a sharp correction is expected to consolidate for a stronger subsequent rally. It will also fill the gap left by the previous day.
A breakdown above the resistance level would invalidate this setup.
Gold’s Disciplined Climb: Is the $4,541 Target the NextXAUUSD / H1 — Market Update
Gold is maintaining a highly disciplined bullish posture, advancing within a well-defined ascending parallel channel. The market structure is characterized by a textbook series of Higher Highs and Higher Lows (noted by the orange reaction circles), signaling sustained buying pressure and strong trend health. Currently, price is navigating the upper half of the channel, eyeing a major liquidity pool sitting at the horizontal resistance level.
The technical alignment is strongly supportive of the upside. Both the EMA 34 (Blue) and EMA 89 (Yellow) are sloping upward with healthy separation, acting as dynamic support zones. The current price action suggests a brief period of consolidation or a minor "buy-the-dip" opportunity as the market prepares for the next impulsive leg toward the psychological and technical targets above.
Key Levels
Resistance: 4,520 (Channel Top) – 4,541 (Major Horizontal Ceiling)
Support: 4,445 – 4,455 (Channel Lower Boundary / Demand Zone)
EMA Support: ~4,428 (EMA 34)
Trading Scenarios
➡️ Primary: A shallow pullback toward the 4,445 – 4,455 zone (intercepting the lower trendline) → validation of a Higher Low → continuation higher toward the 4,541 liquidity target.
⚠️ Risk: A decisive hourly close below 4,428 (EMA 34) would signal a temporary shift in momentum, likely leading to a deeper correction toward the EMA 89 (~4,400) before any further upside attempts.
XAU/USD – When capital speaks, gold continues to leadIf there is one asset that best reflects market sentiment at the start of 2026, gold clearly stands out. Without noisy breakouts or excessive volatility, XAU/USD is advancing in a textbook manner: slow, controlled, and firmly supported by real capital flows.
From a fundamental perspective, geopolitical risks remain unresolved , while a low real-rate environment continues to reduce the appeal of yield-bearing assets. In this context, gold naturally reclaims its role as a safe haven —a place investors turn to when confidence in stability is not yet fully restored. What stands out is that even during USD rebounds, gold refuses to weaken, signaling that strong underlying demand is waiting below.
From a technical viewpoint, the picture becomes even clearer. The 4,400 zone is not merely a technical support; it represents the conviction of buyers. Each dip into this area is met with swift and decisive buying, pushing price back toward higher levels. The formation of higher lows confirms that a well-structured uptrend is steadily taking shape.
On the upside, 4,480 remains a major resistance and the next logical upside objective. As long as gold continues to hold above its current base, a gradual push toward this level becomes a matter of when, not if.
In short, gold is moving higher without hype—but with credibility. As long as the market continues to seek safety, the bullish story of XAU/USD is far from over, and the next chapters may very well unfold at even higher price levels.
Wishing you disciplined trades and consistent success.
EUR/USD Breakdown Confirmed – The Bearish Trend Comes Into FocusAs we move into early January 2026 , EUR/USD is sending clear signs of weakness , with both macro fundamentals and technical structure aligning in favor of the sellers. Market sentiment remains cautious at the start of the year, while capital flows are gradually rotating back into the U.S. dollar.
From a fundamental perspective, the USD is being supported by expectations that upcoming U.S. economic data will remain resilient, whereas the ECB has yet to deliver any fresh policy signals strong enough to support the euro. This divergence in expectations continues to place downward pressure on EUR/USD in the short term, especially as markets currently favor safety and stability via the USD.
On the technical side, the bearish structure remains intact . Price has attempted several recoveries, but each rally has been firmly rejected at the descending trendline, confirming that selling pressure continues to dominate market structure. Recent upward moves are purely corrective, lacking the momentum required to signal any meaningful trend reversal.
The 1.1740 level stands out as a key resistance zone. As long as price remains below this level, the higher-probability scenario favors further downside, with EUR/USD likely to resume its decline toward the 1.1650 support area following a brief corrective bounce.
In short, EUR/USD remains a sell-on-rallies market — until the structure clearly proves otherwise.
Gold Spot / USD – H1 | Macro Resistance – Liquidity Sweep StyleGold prices remain supported within a broader bullish market structure after a strong impulsive rally from the demand zone. The current price action suggests a pause near a key supply area, indicating the market may be preparing for a liquidity-driven correction rather than immediate continuation.
The price is now trading just below a well-defined resistance zone around 4,480–4,500, which has previously acted as a distribution area. Multiple rejections from this zone highlight active seller interest, making it a critical level to watch for a potential rejection or failed breakout.
A pullback scenario is favored if price continues to hold below resistance. In this case, a corrective move toward the 4,420 support zone is likely first. Failure to hold this support could open the path for a deeper retracement into the gap-fill area around 4,340, aligning with the broader demand zone near 4,315, where stronger buying interest is expected to re-emerge.
Despite the potential for a sharp correction, the higher-timeframe bias remains bullish. Such a pullback would be considered a healthy reset, allowing the market to absorb liquidity and build a stronger base for the next leg higher.
A clean breakout and sustained acceptance above the 4,500 resistance zone would invalidate the corrective setup and signal continuation toward the previous highs.
Gold’s Rally Is Losing Momentum — Is a Deeper Pullback Loading?OANDA:XAUUSD has staged a strong bullish recovery from the lower demand zone, developing a clear ascending channel on H1. The sequence of higher highs and higher lows confirms that buyers were firmly in control during the impulsive phase of the move.
However, momentum has started to fade as price reached a major supply and resistance zone around 4,490–4,520. Multiple rejections from this area signal that sell-side pressure is increasing, and the market is no longer trending impulsively but transitioning into a distribution and corrective phase.
Currently, price is trading back below the upper channel structure and hovering near the 4,450–4,455 region, which aligns closely with the rising EMA and prior intraday structure. This area acts as a short-term decision point: holding above it keeps the bullish structure technically valid, while failure would confirm a deeper correction.
- Bullish scenario: If price reclaims strength above 4,500 and breaks the upper channel with acceptance, bullish continuation toward 4,540–4,560 becomes likely.
- Bearish scenario: A sustained breakdown below 4,450, followed by a pullback and rejection, would confirm a corrective move targeting 4,400, with extended downside toward the 4,330–4,350 demand zone.
At this stage, the market is no longer offering easy trend trades. Patience is crucial, as the middle of the structure carries high risk, and the next high-probability opportunity will emerge only after a clear confirmation of direction.
GBP/JPY – Uptrend Weakens, Correction Risk RisesAfter a strong and decisive rally , GBP/JPY is clearly entering a cooling phase as the market begins to reassess risk. Cautious sentiment is returning , while a recovery in the Japanese yen is reducing the pair’s previous upside momentum.
On the macro side, the JPY is finding support from expectations that the Bank of Japan will continue its tightening path , whereas recent UK data have not been strong enough to provide fresh momentum for GBP. As global risk appetite softens, yen crosses typically come under early corrective pressure.
From a technical perspective, GBP/JPY has clearly reacted at the upper resistance zone and is showing signs of exhaustion after multiple failed breakout attempts. Price is now hovering around a balance area, while the short-term structure favors a pullback toward lower support. This suggests that buying pressure is gradually losing control, giving way to profit-taking activity.
In the preferred scenario , unless price can reclaim and hold above the current resistance, GBP/JPY is likely to extend its correction to seek a lower equilibrium level. This move can be seen as a necessary cooldown after a strong advance, before the market commits to its next directional move.
Latest Gold Price Update TodayGold closed the January 6 trading session up 45 USD at 4,494 USD. The bullish momentum continued into this morning, with prices briefly touching 4,500 USD, moving closer to the previous peak of 4,549 USD set on December 24, 2025.
Safe-haven demand remains strong following the U.S. military strike in Venezuela and the arrest of President Nicolás Maduro over the weekend, which has heightened geopolitical uncertainty and supported gold prices.
Investors are also closely awaiting today’s U.S. employment report for further clues on the Federal Reserve’s interest rate outlook. If the data aligns with expectations for a more accommodative policy stance, the current uptrend in gold could strengthen further.
USD/JPY – Buyers Return, the Uptrend Remains in ControlEntering the early sessions of 2026, USD/JPY is showing notable stability after a brief corrective move. Although the yen found temporary support from hawkish remarks by BoJ Governor Kazuo Ueda and ongoing speculation about possible intervention from Tokyo , the market largely views these factors as constraints on upside momentum rather than forces strong enough to reverse the primary trend.
From a macro perspective, the interest-rate differential between the U.S. and Japan remains wide. The BoJ’s 25 bps rate hike to the highest level in 30 years carries more symbolic weight than practical impact, while global capital continues to favor carry trades. As a result, USD/JPY continues to hold above key support levels, despite short-term volatility.
On the H4 chart, the bullish structure remains clearly intact. Price is advancing within a well-defined ascending channel , forming higher lows. The 156.00–156.10 zone serves as critical support, where price has repeatedly reacted and bounced decisively. As long as this area holds, the current pullback should be viewed as technical consolidation, laying the groundwork for further upside.
Under the base scenario, USD/JPY is likely to rebound toward 157.30 , and potentially extend to the upper resistance of the channel. While intervention risks or tighter BoJ signals may keep traders cautious, the uptrend remains the dominant narrative as long as the technical structure stays intact.
BITCOIN Is Bullish! Long!
Please, check our technical outlook for BITCOIN.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 91,856.04.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 93,654.01 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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