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USDJPY Technical Analysis – 30th JAN, 2026 USDJPY - On 30th January 2026, USD/JPY advanced to a high of 154.75 USD/JPY Technical Analysis – 30th January 2026 On 30th January 2026, USD/JPY advanced to a high of 154.75, a level that underscored the strength of its ongoing bullish trajectory but simultaneously highlighted the presence of firm supply near the 154.80 psychological barrier. The candle structure was wide ranged with a pronounced upper wick, reflecting how buyers initially drove momentum but were met with resistance as sellers re entered to cap the advance. This rejection suggested that while the broader trend remained constructive, intraday enthusiasm was beginning to fade as the market approached overhead resistance. On the daily chart, the short term structure remained supportive, with the 20 day moving average positioned around 153.90, cushioning the advance. The 50 day average, rising from 152.40, reinforced medium term bullish momentum, while the 200 day average at 149.95 confirmed the longer term uptrend. Momentum indicators hinted at caution: RSI readings hovered near 70, edging into overbought territory, while MACD values were positive but beginning to flatten, suggesting that upside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators climbed into the upper 80s, flashing overbought signals. Price stalled as sellers defended the 154.70–154.80 band, while immediate support was layered at 153.90 and 153.40. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the September 2025 trough near 147.50, USD/JPY has carved a rising channel, with successive higher lows confirming the resilience of the bullish framework. Average True Range readings around 1.55 reflected controlled but directional swings. Fibonacci retracement mapping from the July 2025 peak at 160.25 to the September low at 147.50 highlighted key checkpoints: 38.2% at 152.40, 50% at 153.90, and 61.8% at 155.40. The 154.75 high aligned closely with the midpoint between the 50% and 61.8% retracement zones, underscoring its importance as a resistance area where sellers were expected to regroup. Sentiment at this juncture was shaped by the tension between short term overextension and longer term bullish conviction. Institutional flows appeared to fade near the 154.80 barrier, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 153.90 was critical, as holding this level would preserve the bullish narrative and invite renewed buying interest. Looking forward, continuation of the rally requires a clean break above 154.80, which would open the path toward 155.40 and eventually 160.25, aligning with prior swing highs. Conversely, a slip back below 153.90 would expose the pair to corrective pressure toward 153.40 and 152.40, levels that coincide with retracement support and medium term averages. Until a decisive breakout occurs, range bound trading between 153.90 and 154.80 is likely to dominate, offering tactical opportunities for short term traders while the broader uptrend remains intact. In summary, USD/JPY’s climb to 154.75 on 30th January 2026 was not a clean breakout but rather a reaffirmation of overhead resistance. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with sellers defending supply and buyers awaiting confirmation for the next leg higher. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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USDCHF Technical Analysis – 30th JAN, 2026 USDCHF – On 30th January 2026, USD/CHF advanced to a high of 0.7731 USD/CHF Technical Analysis – 30th January 2026 On 30th January 2026, USD/CHF advanced to a high of 0.7731, a level that underscored the strength of its short term rebound but simultaneously highlighted the presence of firm supply near the 0.7735 psychological barrier. The candle structure was moderately extended with a pronounced upper wick, reflecting how buyers initially drove momentum but were met with resistance as sellers re entered to cap the advance. This rejection suggested that while the pair retained upward momentum, enthusiasm was beginning to fade as the market approached overhead resistance. On the daily chart, the short term structure remained cautiously constructive. The 20 day moving average was positioned around 0.7665, cushioning the advance. The 50 day average, sloping downward from 0.7810, reinforced medium term weakness despite the rebound attempt. The 200 day average at 0.8045 confirmed that the longer term framework remained bearish, with the broader trend still favoring sellers. Momentum indicators hinted at caution: RSI readings hovered near 64, edging toward overbought territory, while MACD values were marginally positive but beginning to flatten, suggesting that upside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators climbed into the upper 80s, flashing overbought signals. Price stalled as sellers defended the 0.7725–0.7735 band, while immediate support was layered at 0.7665 and 0.7620. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the August 2025 peak near 0.8520, USD/CHF has carved a descending sequence of lower highs and lower lows, underscoring the resilience of the bearish framework. Average True Range readings around 0.0065 reflected controlled but directional swings. Fibonacci retracement mapping from the August 2025 high at 0.8520 to the January 2026 low at 0.7600 highlighted key checkpoints: 38.2% at 0.7920, 50% at 0.8060, and 61.8% at 0.8200. The 0.7731 high sat well below these retracement levels, reinforcing its role as minor resistance within a broader downtrend. Sentiment at this juncture was shaped by the tension between short term rebound attempts and longer term bearish conviction. Institutional flows appeared to fade near minor resistance, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 0.7665 was critical, as holding this level would preserve the corrective narrative and invite renewed buying interest. Looking forward, continuation of the rally requires a clean break above 0.7735, which would open the path toward 0.7810 and eventually 0.7920, aligning with prior swing highs and Fibonacci retracement checkpoints. Conversely, a slip back below 0.7665 would expose the pair to corrective pressure toward 0.7620 and 0.7600, levels that coincide with prior swing lows and medium term support. Until a decisive breakout occurs, range bound trading between 0.7665 and 0.7735 is likely to dominate, offering tactical opportunities for short term traders while the broader downtrend remains intact. In summary, USD/CHF’s climb to 0.7731 on 30th January 2026 was not a clean breakout but rather a reaffirmation of overhead resistance. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with sellers defending supply and buyers awaiting confirmation for the next directional move. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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USDCAD Technical Analysis – 30th JAN, 2026 USDCAD – On 30th January 2026, USD/CAD advanced to a high of 1.3622 USD/CAD Technical Analysis – 30th January 2026 On 30th January 2026, USD/CAD advanced to a high of 1.3622, a level that underscored the strength of its ongoing bullish trajectory but simultaneously highlighted the presence of firm supply near the 1.3625 psychological barrier. The candle structure was wide ranged with a pronounced upper wick, reflecting how buyers initially drove momentum but were met with resistance as sellers re entered to cap the advance. This rejection suggested that while the broader trend remained constructive, intraday enthusiasm was beginning to fade as the market approached overhead resistance. On the daily chart, the short term structure remained supportive, with the 20 day moving average positioned around 1.3565, cushioning the advance. The 50 day average, rising from 1.3480, reinforced medium term bullish momentum, while the 200 day average at 1.3330 confirmed the longer term uptrend. Momentum indicators hinted at caution: RSI readings hovered near 67, edging into overbought territory, while MACD values were positive but beginning to flatten, suggesting that upside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators climbed into the upper 80s, flashing overbought signals. Price stalled as sellers defended the 1.3620–1.3630 band, while immediate support was layered at 1.3565 and 1.3525. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the October 2025 trough near 1.3350, USD/CAD has carved a rising channel, with successive higher lows confirming the resilience of the bullish framework. Average True Range readings around 0.0070 reflected controlled but directional swings. Fibonacci retracement mapping from the July 2025 peak at 1.3860 to the October low at 1.3350 highlighted key checkpoints: 38.2% at 1.3545, 50% at 1.3605, and 61.8% at 1.3665. The 1.3622 high aligned closely with the 50% retracement zone, underscoring its importance as a resistance area where sellers were expected to regroup. Sentiment at this juncture was shaped by the tension between short term overextension and longer term bullish conviction. Institutional flows appeared to fade near the 1.3625 barrier, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 1.3565 was critical, as holding this level would preserve the bullish narrative and invite renewed buying interest. Looking forward, continuation of the rally requires a clean break above 1.3630, which would open the path toward 1.3665 and eventually 1.3860, aligning with Fibonacci retracement checkpoints and prior swing highs. Conversely, a slip back below 1.3565 would expose the pair to corrective pressure toward 1.3525 and 1.3480, levels that coincide with retracement support and medium term averages. Until a decisive breakout occurs, range bound trading between 1.3565 and 1.3630 is likely to dominate, offering tactical opportunities for short term traders while the broader uptrend remains intact. In summary, USD/CAD’s climb to 1.3622 on 30th January 2026 was not a clean breakout but rather a reaffirmation of overhead resistance. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with sellers defending supply and buyers awaiting confirmation for the next leg higher. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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NZDUSD Technical Analysis – 30th JAN, 2026 NZDUSD – On 30th January 2026, NZD/USD slipped to a low of 0.6010 NZD/USD Technical Analysis – 30th January 2026 On 30th January 2026, NZD/USD slipped to a low of 0.6010, a level that underscored the pair’s corrective pressure while simultaneously highlighting the presence of defensive bids near the 0.6010 psychological threshold. The candle structure was broad ranged with a pronounced lower wick, reflecting how sellers initially pressed momentum but were met with firm demand as buyers stepped in to absorb supply. This rejection suggested that while the broader trend remained constructive, short term exhaustion was beginning to emerge at this support zone. On the daily chart, the short term structure leaned cautiously bullish despite the dip. The 20 day moving average hovered near 0.6065, cushioning the downside and acting as immediate support. The 50 day average, positioned around 0.5960, was sloping gently upward, reinforcing medium term bullish undertones. The 200 day average at 0.5725 confirmed that the longer term framework remained constructive, with the broader trend still favoring buyers despite the corrective pullback. Momentum readings reflected caution: RSI values hovered near 40, edging toward oversold territory, while MACD lines were marginally negative but beginning to flatten, suggesting that downside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators dipped into the low 30s, flashing oversold signals. Price stalled as buyers defended the 0.6005–0.6015 band, while resistance was layered at 0.6065 and 0.6115. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the October 2025 trough near 0.5520, NZD/USD has carved a rising channel, with successive higher lows confirming the resilience of the bullish framework. Average True Range readings around 0.0065 reflected controlled but directional swings. Fibonacci retracement mapping from the July 2025 peak at 0.6700 to the October low at 0.5520 highlighted key checkpoints: 38.2% at 0.5965, 50% at 0.6110, and 61.8% at 0.6255. The 0.6010 low aligned closely with the midpoint between the 38.2% and 50% retracement zones, underscoring its importance as a support area where buyers were expected to regroup. Sentiment at this juncture was shaped by the tension between short term corrective pressure and longer term bullish conviction. Institutional flows appeared to accumulate near retracement support, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 0.6005 was critical, as holding this level would preserve the bullish narrative and invite renewed buying interest. Looking forward, continuation of the recovery requires a clean break above 0.6065, which would open the path toward 0.6110 and eventually 0.6255, aligning with Fibonacci retracement checkpoints and prior swing highs. Conversely, a slip back below 0.6005 would expose the pair to corrective pressure toward 0.5965 and 0.5865, levels that coincide with retracement support and medium term averages. Until a decisive breakout occurs, range bound trading between 0.6005 and 0.6065 is likely to dominate, offering tactical opportunities for short term traders while the broader uptrend remains intact. In summary, NZD/USD’s dip to 0.6010 on 30th January 2026 was less a breakdown and more a reaffirmation of structural support. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with buyers defending demand and sellers awaiting confirmation for the next directional move. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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GBPUSD Technical Analysis – 30th JAN, 2026 GBPUSD – On 30th January 2026, GBP/USD slipped to a low of 1.3678 GBP/USD Technical Analysis – 30th January 2026 On 30th January 2026, GBP/USD slipped to a low of 1.3678, a level that underscored the pair’s corrective pressure while simultaneously highlighting the presence of defensive bids near the 1.3680 psychological threshold. The candle structure was broad ranged with a pronounced lower wick, reflecting how sellers initially pressed momentum but were met with firm demand as buyers stepped in to absorb supply. This rejection suggested that while the broader trend remained constructive, short term exhaustion was beginning to emerge at this support zone. On the daily chart, the short term structure leaned cautiously bullish despite the dip. The 20 day moving average hovered near 1.3735, cushioning the downside and acting as immediate support. The 50 day average, positioned around 1.3625, was sloping gently upward, reinforcing medium term bullish undertones. The 200 day average at 1.3450 confirmed that the longer term framework remained constructive, with the broader trend still favoring buyers despite the corrective pullback. Momentum readings reflected caution: RSI values hovered near 42, edging toward oversold territory, while MACD lines were marginally negative but beginning to flatten, suggesting that downside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators dipped into the low 30s, flashing oversold signals. Price stalled as buyers defended the 1.3675–1.3685 band, while resistance was layered at 1.3735 and 1.3790. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the October 2025 trough near 1.3100, GBP/USD has carved a rising channel, with successive higher lows confirming the resilience of the bullish framework. Average True Range readings around 0.0090 reflected controlled but directional swings. Fibonacci retracement mapping from the July 2025 peak at 1.3925 to the October low at 1.3100 highlighted key checkpoints: 38.2% at 1.3415, 50% at 1.3515, and 61.8% at 1.3615. The 1.3678 low extended beyond the 61.8% retracement zone, reinforcing its role as a decisive support area where buyers were expected to regroup. Sentiment at this juncture was shaped by the tension between short term corrective pressure and longer term bullish conviction. Institutional flows appeared to accumulate near retracement support, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 1.3675 was critical, as holding this level would preserve the bullish narrative and invite renewed buying interest. Looking forward, continuation of the recovery requires a clean break above 1.3735, which would open the path toward 1.3790 and eventually 1.3925, aligning with prior swing highs. Conversely, a slip back below 1.3675 would expose the pair to corrective pressure toward 1.3625 and 1.3515, levels that coincide with retracement support and medium term averages. Until a decisive breakout occurs, range bound trading between 1.3675 and 1.3735 is likely to dominate, offering tactical opportunities for short term traders while the broader uptrend remains intact. In summary, GBP/USD’s dip to 1.3678 on 30th January 2026 was less a breakdown and more a reaffirmation of structural support. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with buyers defending demand and sellers awaiting confirmation for the next directional move. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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GBPJPY Technical Analysis – 30th JAN, 2026 GBPJPY – On 30th January 2026, GBP/JPY advanced to a high of 212.46 GBP/JPY Technical Analysis – 30th January 2026 On 30th January 2026, GBP/JPY advanced to a high of 212.46, a level that underscored the strength of its ongoing bullish trajectory but simultaneously highlighted the presence of firm supply near the 212.50 psychological barrier. The candle structure was wide ranged with a pronounced upper wick, reflecting how buyers initially drove momentum but were met with resistance as sellers re entered to cap the advance. This rejection suggested that while the broader trend remained constructive, intraday enthusiasm was beginning to fade as the market approached overhead resistance. On the daily chart, the short term structure remained supportive, with the 20 day moving average positioned around 211.20, cushioning the advance. The 50 day average, rising from 209.40, reinforced medium term bullish momentum, while the 200 day average at 206.50 confirmed the longer term uptrend. Momentum indicators hinted at caution: RSI readings hovered near 70, edging into overbought territory, while MACD values were positive but beginning to flatten, suggesting that upside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators climbed into the upper 80s, flashing overbought signals. Price stalled as sellers defended the 212.40–212.60 band, while immediate support was layered at 211.20 and 210.50. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the September 2025 trough near 198.50, GBP/JPY has carved a rising channel, with successive higher lows confirming the resilience of the bullish framework. Average True Range readings around 1.80 reflected controlled but directional swings. Fibonacci retracement mapping from the July 2025 peak at 216.80 to the September low at 198.50 highlighted key checkpoints: 38.2% at 205.50, 50% at 207.65, and 61.8% at 209.80. The 212.46 high extended beyond the 61.8% retracement zone, underscoring its importance as a resistance area where sellers were expected to regroup. Sentiment at this juncture was shaped by the tension between short term overextension and longer term bullish conviction. Institutional flows appeared to fade near the 212.50 barrier, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 211.20 was critical, as holding this level would preserve the bullish narrative and invite renewed buying interest. Looking forward, continuation of the rally requires a clean break above 212.60, which would open the path toward 214.00 and eventually 216.80, aligning with prior swing highs. Conversely, a slip back below 211.20 would expose the pair to corrective pressure toward 210.50 and 209.80, levels that coincide with retracement support and medium term averages. Until a decisive breakout occurs, range bound trading between 211.20 and 212.60 is likely to dominate, offering tactical opportunities for short term traders while the broader uptrend remains intact. In summary, GBP/JPY’s climb to 212.46 on 30th January 2026 was not a clean breakout but rather a reaffirmation of overhead resistance. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with sellers defending supply and buyers awaiting confirmation for the next leg higher. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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EURUSD Technical Analysis – 30th JAN, 2026 EURUSD – On 30th January 2026, EUR/USD slipped to a low of 1.1848 EUR/USD Technical Analysis – 30th January 2026 On 30th January 2026, EUR/USD slipped to a low of 1.1848, a level that underscored the pair’s corrective pressure while simultaneously highlighting the presence of defensive bids near the 1.1850 psychological threshold. The candle structure was broad ranged with a pronounced lower wick, reflecting how sellers initially pressed momentum but were met with firm demand as buyers stepped in to absorb supply. This rejection suggested that while the broader trend remained constructive, short term exhaustion was beginning to emerge at this support zone. On the daily chart, the short term structure leaned cautiously bullish despite the dip. The 20 day moving average hovered near 1.1910, cushioning the downside and acting as immediate support. The 50 day average, positioned around 1.1825, was sloping gently upward, reinforcing medium term bullish undertones. The 200 day average at 1.1720 confirmed that the longer term framework remained constructive, with the broader trend still favoring buyers despite the corrective pullback. Momentum readings reflected caution: RSI values hovered near 41, edging toward oversold territory, while MACD lines were marginally negative but beginning to flatten, suggesting that downside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators dipped into the low 30s, flashing oversold signals. Price stalled as buyers defended the 1.1845–1.1855 band, while resistance was layered at 1.1910 and 1.1955. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the October 2025 trough near 1.1450, EUR/USD has carved a rising channel, with successive higher lows confirming the resilience of the bullish framework. Average True Range readings around 0.0075 reflected controlled but directional swings. Fibonacci retracement mapping from the July 2025 peak at 1.2200 to the October low at 1.1450 highlighted key checkpoints: 38.2% at 1.1735, 50% at 1.1825, and 61.8% at 1.1915. The 1.1848 low aligned closely with the 50% retracement zone, underscoring its importance as a support area where buyers were expected to regroup. Sentiment at this juncture was shaped by the tension between short term corrective pressure and longer term bullish conviction. Institutional flows appeared to accumulate near retracement support, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 1.1845 was critical, as holding this level would preserve the bullish narrative and invite renewed buying interest. Looking forward, continuation of the recovery requires a clean break above 1.1915, which would open the path toward 1.1995 and eventually 1.2200, aligning with prior swing highs. Conversely, a slip back below 1.1845 would expose the pair to corrective pressure toward 1.1825 and 1.1735, levels that coincide with retracement support and medium term averages. Until a decisive breakout occurs, range bound trading between 1.1845 and 1.1915 is likely to dominate, offering tactical opportunities for short term traders while the broader uptrend remains intact. In summary, EUR/USD’s dip to 1.1848 on 30th January 2026 was less a breakdown and more a reaffirmation of structural support. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with buyers defending demand and sellers awaiting confirmation for the next directional move. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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EURJPY Technical Analysis – 30th JAN, 2026 EURJPY – On 30th January 2026, EUR/JPY advanced to a high of 184.06 EUR/JPY Technical Analysis – 30th January 2026 On 30th January 2026, EUR/JPY advanced to a high of 184.06, a level that underscored the strength of its ongoing bullish trajectory but simultaneously highlighted the presence of firm supply near the 184.00 psychological barrier. The candle structure was wide ranged with a pronounced upper wick, reflecting how buyers initially drove momentum but were met with resistance as sellers re entered to cap the advance. This rejection suggested that while the broader trend remained constructive, intraday enthusiasm was beginning to fade as the market approached overhead resistance. On the daily chart, the short term structure remained supportive, with the 20 day moving average positioned around 183.20, cushioning the advance. The 50 day average, rising from 181.60, reinforced medium term bullish momentum, while the 200 day average at 177.80 confirmed the longer term uptrend. Momentum indicators hinted at caution: RSI readings hovered near 69, edging into overbought territory, while MACD values were positive but beginning to flatten, suggesting that upside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators climbed into the upper 80s, flashing overbought signals. Price stalled as sellers defended the 184.00–184.10 band, while immediate support was layered at 183.20 and 182.50. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the September 2025 trough near 174.50, EUR/JPY has carved a rising channel, with successive higher lows confirming the resilience of the bullish framework. Average True Range readings around 1.55 reflected controlled but directional swings. Fibonacci retracement mapping from the July 2025 peak at 189.40 to the September low at 174.50 highlighted key checkpoints: 38.2% at 180.20, 50% at 181.95, and 61.8% at 183.70. The 184.06 high aligned just beyond the 61.8% retracement zone, underscoring its importance as a resistance area where sellers were expected to regroup. Sentiment at this juncture was shaped by the tension between short term overextension and longer term bullish conviction. Institutional flows appeared to fade near the 184.00 barrier, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 183.20 was critical, as holding this level would preserve the bullish narrative and invite renewed buying interest. Looking forward, continuation of the rally requires a clean break above 184.10, which would open the path toward 186.00 and eventually 189.40, aligning with prior swing highs. Conversely, a slip back below 183.20 would expose the pair to corrective pressure toward 182.50 and 181.95, levels that coincide with retracement support and medium term averages. Until a decisive breakout occurs, range bound trading between 183.20 and 184.10 is likely to dominate, offering tactical opportunities for short term traders while the broader uptrend remains intact. In summary, EUR/JPY’s climb to 184.06 on 30th January 2026 was not a clean breakout but rather a reaffirmation of overhead resistance. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with sellers defending supply and buyers awaiting confirmation for the next leg higher. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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EURCHF Technical Analysis – 30th JAN, 2026 EURCHF – On 30th January 2026, EUR/CHF slipped to a low of 0.5145 EUR/CHF Technical Analysis – 30th January 2026 On 30th January 2026, EUR/CHF slipped to a low of 0.5145, a level that underscored the pair’s persistent bearish trajectory while simultaneously highlighting the presence of defensive bids near the 0.5150 psychological threshold. The candle structure was broad ranged with a pronounced lower wick, reflecting how sellers initially pressed momentum but were met with firm demand as buyers stepped in to absorb supply. This rejection suggested that while the broader trend remained weak, short term exhaustion was beginning to emerge at this support zone. On the daily chart, the short term structure leaned bearish, with the 20 day moving average positioned around 0.5220, acting as immediate overhead resistance. The 50 day average, sloping downward from 0.5360, reinforced medium term weakness, while the 200 day average at 0.5625 confirmed the longer term bearish bias. Momentum indicators reflected caution: RSI values hovered near 34, edging into oversold territory, while MACD lines remained negative but showed signs of flattening, suggesting that downside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators dipped into the low 20s, flashing oversold signals. Price stalled as buyers defended the 0.5140–0.5150 band, while resistance was layered at 0.5220 and 0.5280. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the August 2025 peak near 0.9660, EUR/CHF has carved a descending sequence of lower highs and lower lows, underscoring the resilience of the bearish framework. Average True Range readings around 0.0070 reflected controlled but directional swings. Fibonacci retracement mapping from the November 2025 high at 0.9664 to the January 2026 low at 0.5145 highlighted key checkpoints: 38.2% at 0.6820, 50% at 0.7405, and 61.8% at 0.7990. The 0.5145 low marked the completion of this downward leg, reinforcing its role as a decisive support zone where buyers were expected to regroup. Sentiment at this juncture was shaped by the tension between short term oversold conditions and longer term bearish conviction. Institutional flows appeared to accumulate cautiously near the 0.5150 floor, while retail positioning remained defensive given the prevailing downtrend. The ability of the pair to sustain above 0.5140 was critical, as holding this level would preserve the corrective narrative and invite renewed buying interest. Looking forward, continuation of the recovery requires a clean break above 0.5220, which would open the path toward 0.5360 and eventually 0.5625, aligning with Fibonacci retracement checkpoints and medium term averages. Conversely, a slip back below 0.5140 would expose the pair to further downside pressure toward 0.5100 and 0.5000, levels that coincide with prior swing lows and psychological thresholds. Until a decisive breakout occurs, range bound trading between 0.5140 and 0.5220 is likely to dominate, offering tactical opportunities for short term traders while the broader downtrend remains intact. In summary, EUR/CHF’s dip to 0.5145 on 30th January 2026 was less a breakdown and more a reaffirmation of structural support. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with buyers defending demand and sellers awaiting confirmation for the next directional move. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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AUDUSD Technical Analysis – 30th JAN, 2026 AUDUSD – On 30th January 2026, AUD/USD slipped to a low of 0.6939 AUD/USD Technical Analysis – 30th January 2026 On 30th January 2026, AUD/USD slipped to a low of 0.6939, a level that underscored the pair’s corrective pressure while simultaneously highlighting the presence of defensive bids near the 0.6940 psychological threshold. The candle structure was broad ranged with a pronounced lower wick, reflecting how sellers initially pressed momentum but were met with firm demand as buyers stepped in to absorb supply. This rejection suggested that while the broader trend remained constructive, short term exhaustion was beginning to emerge at this support zone. On the daily chart, the short term structure leaned cautiously bullish despite the dip. The 20 day moving average hovered near 0.6990, cushioning the downside and acting as immediate support. The 50 day average, positioned around 0.6905, was sloping gently upward, reinforcing medium term bullish undertones. The 200 day average at 0.6735 confirmed that the longer term framework remained constructive, with the broader trend still favoring buyers despite the corrective pullback. Momentum readings reflected caution: RSI values hovered near 41, edging toward oversold territory, while MACD lines were marginally negative but beginning to flatten, suggesting that downside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators dipped into the low 30s, flashing oversold signals. Price stalled as buyers defended the 0.6935–0.6945 band, while resistance was layered at 0.6990 and 0.7040. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the October 2025 trough near 0.6420, AUD/USD has carved a rising channel, with successive higher lows confirming the resilience of the bullish framework. Average True Range readings around 0.0070 reflected controlled but directional swings. Fibonacci retracement mapping from the July 2025 peak at 0.7200 to the October low at 0.6420 highlighted key checkpoints: 38.2% at 0.6715, 50% at 0.6810, and 61.8% at 0.6905. The 0.6939 low aligned closely with the 61.8% retracement zone, underscoring its importance as a support area where buyers were expected to regroup. Sentiment at this juncture was shaped by the tension between short term corrective pressure and longer term bullish conviction. Institutional flows appeared to accumulate near retracement support, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 0.6935 was critical, as holding this level would preserve the bullish narrative and invite renewed buying interest. Looking forward, continuation of the recovery requires a clean break above 0.6990, which would open the path toward 0.7040 and eventually 0.7150, aligning with prior swing highs. Conversely, a slip back below 0.6935 would expose the pair to corrective pressure toward 0.6905 and 0.6810, levels that coincide with retracement support and medium term averages. Until a decisive breakout occurs, range bound trading between 0.6935 and 0.6990 is likely to dominate, offering tactical opportunities for short term traders while the broader uptrend remains intact. In summary, AUD/USD’s dip to 0.6939 on 30th January 2026 was less a breakdown and more a reaffirmation of structural support. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with buyers defending demand and sellers awaiting confirmation for the next directional move. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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USDJPY Technical Analysis – 29th JAN, 2026 USDJPY - On 29th January 2026, USD/JPY advanced to a high of 153.53 USD/JPY Technical Analysis – 29th January 2026 On 29th January 2026, USD/JPY advanced to a high of 153.53, a level that underscored the strength of its ongoing bullish trajectory but simultaneously highlighted the presence of firm supply near the 153.50 psychological barrier. The candle structure was wide ranged with a pronounced upper wick, reflecting how buyers initially drove momentum but were met with resistance as sellers re entered to cap the advance. This rejection suggested that while the broader trend remained constructive, intraday enthusiasm was beginning to fade as the market approached overhead resistance. On the daily chart, the short term structure remained supportive, with the 20 day moving average positioned around 152.70, cushioning the advance. The 50 day average, rising from 151.40, reinforced medium term bullish momentum, while the 200 day average at 149.85 confirmed the longer term uptrend. Momentum indicators hinted at caution: RSI readings hovered near 68, edging into overbought territory, while MACD values were positive but beginning to flatten, suggesting that upside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators climbed into the upper 80s, flashing overbought signals. Price stalled as sellers defended the 153.50–153.60 band, while immediate support was layered at 152.70 and 152.20. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the September 2025 trough near 147.50, USD/JPY has carved a rising channel, with successive higher lows confirming the resilience of the bullish framework. Average True Range readings around 1.50 reflected controlled but directional swings. Fibonacci retracement mapping from the July 2025 peak at 160.25 to the September low at 147.50 highlighted key checkpoints: 38.2% at 152.40, 50% at 153.90, and 61.8% at 155.40. The 153.53 high aligned closely with the midpoint between the 38.2% and 50% retracement zones, underscoring its importance as a resistance area where sellers were expected to regroup. Sentiment at this juncture was shaped by the tension between short term overextension and longer term bullish conviction. Institutional flows appeared to fade near the 153.50 barrier, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 152.70 was critical, as holding this level would preserve the bullish narrative and invite renewed buying interest. Looking forward, continuation of the rally requires a clean break above 153.60, which would open the path toward 155.40 and eventually 160.25, aligning with prior swing highs. Conversely, a slip back below 152.70 would expose the pair to corrective pressure toward 152.20 and 151.40, levels that coincide with retracement support and medium term averages. Until a decisive breakout occurs, range bound trading between 152.70 and 153.60 is likely to dominate, offering tactical opportunities for short term traders while the broader uptrend remains intact. In summary, USD/JPY’s climb to 153.53 on 29th January 2026 was not a clean breakout but rather a reaffirmation of overhead resistance. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with sellers defending supply and buyers awaiting confirmation for the next leg higher. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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USDCHF Technical Analysis – 29th JAN, 2026 USDCHF – On 29th January 2026, USD/CHF advanced to a high of 0.7699 USD/CHF Technical Analysis – 29th January 2026 On 29th January 2026, USD/CHF advanced to a high of 0.7699, a level that underscored the strength of its short term rebound but simultaneously highlighted the presence of firm supply near the 0.7700 psychological barrier. The candle structure was moderately extended with a pronounced upper wick, reflecting how buyers initially drove momentum but were met with resistance as sellers re entered to cap the advance. This rejection suggested that while the pair retained upward momentum, enthusiasm was beginning to fade as the market approached overhead resistance. On the daily chart, the short term structure remained cautiously constructive. The 20 day moving average was positioned around 0.7625, cushioning the advance. The 50 day average, sloping downward from 0.7805, reinforced medium term weakness despite the rebound attempt. The 200 day average at 0.8050 confirmed that the longer term framework remained bearish, with the broader trend still favoring sellers. Momentum indicators hinted at caution: RSI readings hovered near 63, edging toward overbought territory, while MACD values were marginally positive but beginning to flatten, suggesting that upside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators climbed into the upper 70s, flashing overbought signals. Price stalled as sellers defended the 0.7695–0.7705 band, while immediate support was layered at 0.7625 and 0.7580. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the August 2025 peak near 0.8520, USD/CHF has carved a descending sequence of lower highs and lower lows, underscoring the resilience of the bearish framework. Average True Range readings around 0.0065 reflected controlled but directional swings. Fibonacci retracement mapping from the August 2025 high at 0.8520 to the January 2026 low at 0.7600 highlighted key checkpoints: 38.2% at 0.7920, 50% at 0.8060, and 61.8% at 0.8200. The 0.7699 high sat well below these retracement levels, reinforcing its role as minor resistance within a broader downtrend. Sentiment at this juncture was shaped by the tension between short term rebound attempts and longer term bearish conviction. Institutional flows appeared to fade near minor resistance, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 0.7625 was critical, as holding this level would preserve the corrective narrative and invite renewed buying interest. Looking forward, continuation of the rally requires a clean break above 0.7700, which would open the path toward 0.7805 and eventually 0.7920, aligning with prior swing highs and Fibonacci retracement checkpoints. Conversely, a slip back below 0.7625 would expose the pair to corrective pressure toward 0.7580 and 0.7520, levels that coincide with prior swing lows and medium term support. Until a decisive breakout occurs, range bound trading between 0.7625 and 0.7700 is likely to dominate, offering tactical opportunities for short term traders while the broader downtrend remains intact. In summary, USD/CHF’s climb to 0.7699 on 29th January 2026 was not a clean breakout but rather a reaffirmation of overhead resistance. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with sellers defending supply and buyers awaiting confirmation for the next directional move. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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USDCAD Technical Analysis – 29th JAN, 2026 USDCAD – On 29th January 2026, USD/CAD advanced to a high of 1.3554 USD/CAD Technical Analysis – 29th January 2026 On 29th January 2026, USD/CAD advanced to a high of 1.3554, a level that underscored the strength of its ongoing bullish trajectory but simultaneously highlighted the presence of firm supply near the 1.3560 psychological barrier. The candle structure was wide ranged with a pronounced upper wick, reflecting how buyers initially drove momentum but were met with resistance as sellers re entered to cap the advance. This rejection suggested that while the broader trend remained constructive, intraday enthusiasm was beginning to fade as the market approached overhead resistance. On the daily chart, the short term structure remained supportive, with the 20 day moving average positioned around 1.3510, cushioning the advance. The 50 day average, rising from 1.3450, reinforced medium term bullish momentum, while the 200 day average at 1.3325 confirmed the longer term uptrend. Momentum indicators hinted at caution: RSI readings hovered near 66, edging into overbought territory, while MACD values were positive but beginning to flatten, suggesting that upside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators climbed into the upper 80s, flashing overbought signals. Price stalled as sellers defended the 1.3550–1.3560 band, while immediate support was layered at 1.3510 and 1.3480. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the October 2025 trough near 1.3350, USD/CAD has carved a rising channel, with successive higher lows confirming the resilience of the bullish framework. Average True Range readings around 0.0070 reflected controlled but directional swings. Fibonacci retracement mapping from the July 2025 peak at 1.3860 to the October low at 1.3350 highlighted key checkpoints: 38.2% at 1.3545, 50% at 1.3605, and 61.8% at 1.3665. The 1.3554 high aligned almost exactly with the 38.2% retracement zone, underscoring its importance as a resistance area where sellers were expected to regroup. Sentiment at this juncture was shaped by the tension between short term overextension and longer term bullish conviction. Institutional flows appeared to fade near the 1.3560 barrier, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 1.3510 was critical, as holding this level would preserve the bullish narrative and invite renewed buying interest. Looking forward, continuation of the rally requires a clean break above 1.3560, which would open the path toward 1.3605 and eventually 1.3665, aligning with Fibonacci retracement checkpoints and prior swing highs. Conversely, a slip back below 1.3510 would expose the pair to corrective pressure toward 1.3480 and 1.3450, levels that coincide with retracement support and medium term averages. Until a decisive breakout occurs, range bound trading between 1.3510 and 1.3560 is likely to dominate, offering tactical opportunities for short term traders while the broader uptrend remains intact. In summary, USD/CAD’s climb to 1.3554 on 29th January 2026 was not a clean breakout but rather a reaffirmation of overhead resistance. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with sellers defending supply and buyers awaiting confirmation for the next leg higher. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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NZDUSD Technical Analysis – 29th JAN, 2026 NZDUSD – On 29th January 2026, NZD/USD slipped to a low of 0.6022 NZD/USD Technical Analysis – 29th January 2026 On 29th January 2026, NZD/USD slipped to a low of 0.6022, a level that underscored the pair’s corrective pressure while simultaneously highlighting the presence of defensive bids near the 0.6020 psychological threshold. The candle structure was broad ranged with a pronounced lower wick, reflecting how sellers initially pressed momentum but were met with firm demand as buyers stepped in to absorb supply. This rejection suggested that while the broader trend remained constructive, short term exhaustion was beginning to emerge at this support zone. On the daily chart, the short term structure showed resilience. The 20 day moving average hovered near 0.6060, cushioning the downside and acting as immediate support. The 50 day average, positioned around 0.5955, was sloping gently upward, reinforcing medium term bullish undertones. The 200 day average at 0.5720 confirmed that the longer term framework remained constructive, with the broader trend still favoring buyers despite the corrective dip. Momentum readings reflected caution: RSI values hovered near 42, leaning toward neutral to bearish territory, while MACD lines were marginally negative but beginning to flatten, suggesting that downside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators dipped into the low 30s, flashing oversold signals. Price stalled as buyers defended the 0.6020–0.6030 band, while resistance was layered at 0.6060 and 0.6110. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the October 2025 trough near 0.5520, NZD/USD has carved a rising channel, with successive higher lows confirming the resilience of the bullish framework. Average True Range readings around 0.0065 reflected controlled but directional swings. Fibonacci retracement mapping from the July 2025 peak at 0.6700 to the October low at 0.5520 highlighted key checkpoints: 38.2% at 0.5965, 50% at 0.6110, and 61.8% at 0.6255. The 0.6022 low aligned closely with the midpoint between the 38.2% and 50% retracement zones, underscoring its importance as a support area where buyers were expected to regroup. Sentiment at this juncture was shaped by the tension between short term corrective pressure and longer term bullish conviction. Institutional flows appeared to accumulate near retracement support, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 0.6020 was critical, as holding this level would preserve the bullish narrative and invite renewed buying interest. Looking forward, continuation of the recovery requires a clean break above 0.6060, which would open the path toward 0.6110 and eventually 0.6255, aligning with Fibonacci retracement checkpoints and prior swing highs. Conversely, a slip back below 0.6020 would expose the pair to corrective pressure toward 0.5965 and 0.5865, levels that coincide with retracement support and medium term averages. Until a decisive breakout occurs, range bound trading between 0.6020 and 0.6060 is likely to dominate, offering tactical opportunities for short term traders while the broader uptrend remains intact. In summary, NZD/USD’s dip to 0.6022 on 29th January 2026 was less a breakdown and more a reaffirmation of structural support. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with buyers defending demand and sellers awaiting confirmation for the next directional move. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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GBPUSD Technical Analysis – 29th JAN, 2026 GBPUSD – On 29th January 2026, GBP/USD slipped to a low of 1.3742 GBP/USD Technical Analysis – 29th January 2026 On 29th January 2026, GBP/USD slipped to a low of 1.3742, a level that underscored the pair’s corrective pressure while simultaneously highlighting the presence of defensive bids near the 1.3740 psychological threshold. The candle structure was broad ranged with a pronounced lower wick, reflecting how sellers initially pressed momentum but were met with firm demand as buyers stepped in to absorb supply. This rejection suggested that while the broader trend remained constructive, short term exhaustion was beginning to emerge at this support zone. On the daily chart, the short term structure showed resilience. The 20 day moving average hovered near 1.3795, cushioning the downside and acting as immediate support. The 50 day average, positioned around 1.3710, was sloping gently upward, reinforcing medium term bullish undertones. The 200 day average at 1.3455 confirmed that the longer term framework remained constructive, with the broader trend still favoring buyers despite the corrective dip. Momentum readings reflected caution: RSI values hovered near 43, leaning toward neutral to bearish territory, while MACD lines were marginally negative but beginning to flatten, suggesting that downside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators dipped into the low 30s, flashing oversold signals. Price stalled as buyers defended the 1.3740–1.3750 band, while resistance was layered at 1.3795 and 1.3835. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the October 2025 trough near 1.3100, GBP/USD has carved a rising channel, with successive higher lows confirming the resilience of the bullish framework. Average True Range readings around 0.0090 reflected controlled but directional swings. Fibonacci retracement mapping from the July 2025 peak at 1.3925 to the October low at 1.3100 highlighted key checkpoints: 38.2% at 1.3415, 50% at 1.3515, and 61.8% at 1.3615. The 1.3742 low extended well beyond these retracement markers, reinforcing its role as a decisive support zone where buyers were expected to regroup. Sentiment at this juncture was shaped by the tension between short term corrective pressure and longer term bullish conviction. Institutional flows appeared to accumulate near retracement support, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 1.3740 was critical, as holding this level would preserve the bullish narrative and invite renewed buying interest. Looking forward, continuation of the recovery requires a clean break above 1.3835, which would open the path toward 1.3925 and eventually 1.4000, aligning with prior swing highs. Conversely, a slip back below 1.3740 would expose the pair to corrective pressure toward 1.3710 and 1.3615, levels that coincide with retracement support and medium term averages. Until a decisive breakout occurs, range bound trading between 1.3740 and 1.3835 is likely to dominate, offering tactical opportunities for short term traders while the broader uptrend remains intact. In summary, GBP/USD’s dip to 1.3742 on 29th January 2026 was less a breakdown and more a reaffirmation of structural support. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with buyers defending demand and sellers awaiting confirmation for the next directional move. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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GBPJPY Technical Analysis – 29th JAN, 2026 GBPJPY – On 29th January 2026, GBP/JPY slipped to a low of 210.04 GBP/JPY Technical Analysis – 29th January 2026 On 29th January 2026, GBP/JPY slipped to a low of 210.04, a level that underscored the pair’s corrective pressure while simultaneously highlighting the presence of defensive bids near the 210.00 psychological threshold. The candle structure was broad ranged with a pronounced lower wick, reflecting how sellers initially pressed momentum but were met with firm demand as buyers stepped in to absorb supply. This rejection suggested that while the broader trend remained constructive, short term exhaustion was beginning to emerge at this support zone. On the daily chart, the short term structure showed resilience. The 20 day moving average hovered near 210.85, cushioning the downside and acting as immediate support. The 50 day average, positioned around 209.20, was sloping gently upward, reinforcing medium term bullish undertones. The 200 day average at 206.40 confirmed that the longer term framework remained constructive, with the broader trend still favoring buyers despite the corrective dip. Momentum readings reflected caution: RSI values hovered near 44, leaning toward neutral to bearish territory, while MACD lines were marginally negative but beginning to flatten, suggesting that downside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators dipped into the low 30s, flashing oversold signals. Price stalled as buyers defended the 210.00–210.10 band, while resistance was layered at 210.85 and 212.00. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the September 2025 trough near 198.50, GBP/JPY has carved a rising channel, with successive higher lows confirming the resilience of the bullish framework. Average True Range readings around 1.80 reflected controlled but directional swings. Fibonacci retracement mapping from the July 2025 peak at 216.80 to the September low at 198.50 highlighted key checkpoints: 38.2% at 205.50, 50% at 207.65, and 61.8% at 209.80. The 210.04 low aligned almost exactly with the 61.8% retracement zone, underscoring its importance as a support area where buyers were expected to regroup. Sentiment at this juncture was shaped by the tension between short term corrective pressure and longer term bullish conviction. Institutional flows appeared to accumulate near retracement support, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 210.00 was critical, as holding this level would preserve the bullish narrative and invite renewed buying interest. Looking forward, continuation of the recovery requires a clean break above 210.85, which would open the path toward 212.00 and eventually 214.00, aligning with prior swing highs. Conversely, a slip back below 210.00 would expose the pair to corrective pressure toward 209.20 and 207.65, levels that coincide with retracement support and medium term averages. Until a decisive breakout occurs, range bound trading between 210.00 and 210.85 is likely to dominate, offering tactical opportunities for short term traders while the broader uptrend remains intact. In summary, GBP/JPY’s dip to 210.04 on 29th January 2026 was less a breakdown and more a reaffirmation of structural support. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with buyers defending demand and sellers awaiting confirmation for the next directional move. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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EURUSD Technical Analysis – 29th JAN, 2026 EURUSD – On 29th January 2026, EUR/USD advanced to a high of 1.1997 EUR/USD Technical Analysis – 29th January 2026 On 29th January 2026, EUR/USD advanced to a high of 1.1997, a level that underscored the strength of its ongoing bullish trajectory but simultaneously highlighted the presence of firm supply near the 1.2000 psychological barrier. The candle structure was wide ranged with a pronounced upper wick, reflecting how buyers initially drove momentum but were met with resistance as sellers re entered to cap the advance. This rejection suggested that while the broader trend remained constructive, intraday enthusiasm was beginning to fade as the market approached overhead resistance. On the daily chart, the short term structure remained supportive, with the 20 day moving average positioned around 1.1930, cushioning the advance. The 50 day average, rising from 1.1860, reinforced medium term bullish momentum, while the 200 day average at 1.1725 confirmed the longer term uptrend. Momentum indicators hinted at caution: RSI readings hovered near 70, edging into overbought territory, while MACD values were positive but beginning to flatten, suggesting that upside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators climbed into the upper 80s, flashing overbought signals. Price stalled as sellers defended the 1.1995–1.2005 band, while immediate support was layered at 1.1930 and 1.1895. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the October 2025 trough near 1.1450, EUR/USD has carved a rising channel, with successive higher lows confirming the resilience of the bullish framework. Average True Range readings around 0.0075 reflected controlled but directional swings. Fibonacci retracement mapping from the July 2025 peak at 1.2200 to the October low at 1.1450 highlighted key checkpoints: 38.2% at 1.1735, 50% at 1.1825, and 61.8% at 1.1915. The 1.1997 high extended beyond the 61.8% retracement zone, reinforcing its role as a decisive resistance area where sellers were expected to regroup. Sentiment at this juncture was shaped by the tension between short term overextension and longer term bullish conviction. Institutional flows appeared to fade near the 1.2000 barrier, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 1.1930 was critical, as holding this level would preserve the bullish narrative and invite renewed buying interest. Looking forward, continuation of the rally requires a clean break above 1.2000, which would open the path toward 1.2080 and eventually 1.2200, aligning with prior swing highs. Conversely, a slip back below 1.1930 would expose the pair to corrective pressure toward 1.1895 and 1.1825, levels that coincide with retracement support and medium term averages. Until a decisive breakout occurs, range bound trading between 1.1930 and 1.2000 is likely to dominate, offering tactical opportunities for short term traders while the broader uptrend remains intact. In summary, EUR/USD’s climb to 1.1997 on 29th January 2026 was not a clean breakout but rather a reaffirmation of overhead resistance. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with sellers defending supply and buyers awaiting confirmation for the next leg higher. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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EURJPY Technical Analysis – 29th JAN, 2026 EURJPY – On 29th January 2026, EUR/JPY slipped to a low of 182.08 EUR/JPY Technical Analysis – 29th January 2026 On 29th January 2026, EUR/JPY slipped to a low of 182.08, a level that underscored the pair’s corrective pressure while simultaneously highlighting the presence of defensive bids near the 182.10 psychological threshold. The candle structure was broad ranged with a pronounced lower wick, reflecting how sellers initially pressed momentum but were met with firm demand as buyers stepped in to absorb supply. This rejection suggested that while the broader trend remained constructive, short term exhaustion was beginning to emerge at this support zone. On the daily chart, the short term structure showed resilience. The 20 day moving average hovered near 182.95, cushioning the downside and acting as immediate support. The 50 day average, positioned around 181.40, was sloping gently upward, reinforcing medium term bullish undertones. The 200 day average at 177.50 confirmed that the longer term framework remained constructive, with the broader trend still favoring buyers despite the corrective dip. Momentum readings reflected caution: RSI values hovered near 43, leaning toward neutral to bearish territory, while MACD lines were marginally negative but beginning to flatten, suggesting that downside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators dipped into the low 30s, flashing oversold signals. Price stalled as buyers defended the 182.05–182.15 band, while resistance was layered at 182.95 and 183.70. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the September 2025 trough near 174.50, EUR/JPY has carved a rising channel, with successive higher lows confirming the resilience of the bullish framework. Average True Range readings around 1.55 reflected controlled but directional swings. Fibonacci retracement mapping from the July 2025 peak at 189.40 to the September low at 174.50 highlighted key checkpoints: 38.2% at 180.20, 50% at 181.95, and 61.8% at 183.70. The 182.08 low aligned closely with the 50% retracement zone, underscoring its importance as a support area where buyers were expected to regroup. Sentiment at this juncture was shaped by the tension between short term corrective pressure and longer term bullish conviction. Institutional flows appeared to accumulate near retracement support, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 182.05 was critical, as holding this level would preserve the bullish narrative and invite renewed buying interest. Looking forward, continuation of the recovery requires a clean break above 182.95, which would open the path toward 183.70 and eventually 186.00, aligning with prior swing highs. Conversely, a slip back below 182.05 would expose the pair to corrective pressure toward 181.40 and 180.20, levels that coincide with retracement support and medium term averages. Until a decisive breakout occurs, range bound trading between 182.05 and 182.95 is likely to dominate, offering tactical opportunities for short term traders while the broader uptrend remains intact. In summary, EUR/JPY’s dip to 182.08 on 29th January 2026 was less a breakdown and more a reaffirmation of structural support. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with buyers defending demand and sellers awaiting confirmation for the next directional move. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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EURCHF Technical Analysis – 29th JAN, 2026 EURCHF – On 29th January 2026, EUR/CHF slipped to a low of 0.9136 EUR/CHF Technical Analysis – 29th January 2026 On 29th January 2026, EUR/CHF slipped to a low of 0.9136, a level that underscored the pair’s corrective pressure while simultaneously highlighting the presence of defensive bids near the 0.9140 psychological threshold. The candle structure was broad ranged with a pronounced lower wick, reflecting how sellers initially pressed momentum but were met with firm demand as buyers stepped in to absorb supply. This rejection suggested that while the broader trend remained weak, short term exhaustion was beginning to emerge at this support zone. On the daily chart, the short term structure leaned bearish, with the 20 day moving average positioned around 0.9185, acting as immediate overhead resistance. The 50 day average, sloping downward from 0.9270, reinforced medium term weakness, while the 200 day average at 0.9440 confirmed the longer term bearish bias. Momentum indicators reflected caution: RSI values hovered near 39, edging into oversold territory, while MACD lines remained negative but showed signs of flattening, suggesting that downside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators dipped into the low 30s, flashing oversold signals. Price stalled as buyers defended the 0.9135–0.9145 band, while resistance was layered at 0.9185 and 0.9220. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the August 2025 peak near 0.9660, EUR/CHF has carved a descending sequence of lower highs and lower lows, underscoring the resilience of the bearish framework. Average True Range readings around 0.0060 reflected controlled but directional swings. Fibonacci retracement mapping from the November 2025 high at 0.9664 to the January 2026 low at 0.9136 highlighted key checkpoints: 38.2% at 0.9340, 50% at 0.9400, and 61.8% at 0.9460. The 0.9136 low marked the completion of this downward leg, reinforcing its role as a decisive support zone where buyers were expected to regroup. Sentiment at this juncture was shaped by the tension between short term oversold conditions and longer term bearish conviction. Institutional flows appeared to accumulate cautiously near the 0.9140 floor, while retail positioning remained defensive given the prevailing downtrend. The ability of the pair to sustain above 0.9135 was critical, as holding this level would preserve the corrective narrative and invite renewed buying interest. Looking forward, continuation of the recovery requires a clean break above 0.9185, which would open the path toward 0.9270 and eventually 0.9340, aligning with Fibonacci retracement checkpoints. Conversely, a slip back below 0.9135 would expose the pair to further downside pressure toward 0.9100 and 0.9050, levels that coincide with prior swing lows and medium term support. Until a decisive breakout occurs, range bound trading between 0.9135 and 0.9185 is likely to dominate, offering tactical opportunities for short term traders while the broader downtrend remains intact. In summary, EUR/CHF’s dip to 0.9136 on 29th January 2026 was less a breakdown and more a reaffirmation of structural support. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with buyers defending demand and sellers awaiting confirmation for the next directional move. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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AUDUSD Technical Analysis – 29th JAN, 2026 AUDUSD – On 29th January 2026, AUD/USD advanced to a high of 0.7094 AUD/USD Technical Analysis – 29th January 2026 On 29th January 2026, AUD/USD advanced to a high of 0.7094, a level that underscored the strength of its ongoing bullish trajectory but simultaneously highlighted the presence of firm supply near the 0.7100 psychological barrier. The candle structure was wide ranged with a pronounced upper wick, reflecting how buyers initially drove momentum but were met with resistance as sellers re entered to cap the advance. This rejection suggested that while the broader trend remained constructive, intraday enthusiasm was beginning to fade as the market approached overhead resistance. On the daily chart, the short term structure remained supportive, with the 20 day moving average positioned around 0.7025, cushioning the advance. The 50 day average, rising from 0.6940, reinforced medium term bullish momentum, while the 200 day average at 0.6730 confirmed the longer term uptrend. Momentum indicators hinted at caution: RSI readings hovered near 72, edging into overbought territory, while MACD values were positive but beginning to flatten, suggesting that upside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators climbed into the upper 80s, flashing overbought signals. Price stalled as sellers defended the 0.7090–0.7100 band, while immediate support was layered at 0.7025 and 0.6985. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the October 2025 trough near 0.6420, AUD/USD has carved a rising channel, with successive higher lows confirming the resilience of the bullish framework. Average True Range readings around 0.0075 reflected controlled but directional swings. Fibonacci retracement mapping from the July 2025 peak at 0.7200 to the October low at 0.6420 highlighted key checkpoints: 38.2% at 0.6715, 50% at 0.6810, and 61.8% at 0.6905. The 0.7094 high extended well beyond these retracement markers, reinforcing its role as a decisive resistance zone where sellers were expected to regroup. Sentiment at this juncture was shaped by the tension between short term overextension and longer term bullish conviction. Institutional flows appeared to fade near the 0.7100 barrier, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 0.7025 was critical, as holding this level would preserve the bullish narrative and invite renewed buying interest. Looking forward, continuation of the rally requires a clean break above 0.7100, which would open the path toward 0.7150 and eventually 0.7200, aligning with prior swing highs. Conversely, a slip back below 0.7025 would expose the pair to corrective pressure toward 0.6985 and 0.6905, levels that coincide with retracement support and medium term averages. Until a decisive breakout occurs, range bound trading between 0.7025 and 0.7100 is likely to dominate, offering tactical opportunities for short term traders while the broader uptrend remains intact. In summary, AUD/USD’s climb to 0.7094 on 29th January 2026 was not a clean breakout but rather a reaffirmation of overhead resistance. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with sellers defending supply and buyers awaiting confirmation for the next leg higher. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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USDJPY Technical Analysis – 28th JAN, 2026 USDJPY - On 28th January 2026, USD/JPY advanced to a high of 154.02 USD/JPY Technical Analysis – 28th January 2026 On 28th January 2026, USD/JPY advanced to a high of 154.02, a level that underscored the strength of its ongoing bullish trajectory but simultaneously highlighted the presence of firm supply near the 154.00 psychological barrier. The candle structure was wide ranged with a pronounced upper wick, reflecting how buyers initially drove momentum but were met with resistance as sellers re entered to cap the advance. This rejection suggested that while the broader trend remained constructive, intraday enthusiasm was beginning to fade as the market approached overhead resistance. On the daily chart, the short term structure remained supportive, with the 20 day moving average positioned around 153.10, cushioning the advance. The 50 day average, rising from 151.80, reinforced medium term bullish momentum, while the 200 day average at 150.25 confirmed the longer term uptrend. Momentum indicators hinted at caution: RSI readings hovered near 69, edging into overbought territory, while MACD values were positive but beginning to flatten, suggesting that upside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators climbed into the upper 80s, flashing overbought signals. Price stalled as sellers defended the 154.00–154.10 band, while immediate support was layered at 153.10 and 152.50. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the September 2025 trough near 147.50, USD/JPY has carved a rising channel, with successive higher lows confirming the resilience of the bullish framework. Average True Range readings around 1.55 reflected controlled but directional swings. Fibonacci retracement mapping from the July 2025 peak at 160.25 to the September low at 147.50 highlighted key checkpoints: 38.2% at 152.40, 50% at 153.90, and 61.8% at 155.40. The 154.02 high aligned closely with the 50% retracement zone, underscoring its importance as a resistance area where sellers were expected to regroup. Sentiment at this juncture was shaped by the tension between short term overextension and longer term bullish conviction. Institutional flows appeared to fade near the 154.00 barrier, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 153.10 was critical, as holding this level would preserve the bullish narrative and invite renewed buying interest. Looking forward, continuation of the rally requires a clean break above 154.10, which would open the path toward 155.40 and eventually 160.25, aligning with prior swing highs. Conversely, a slip back below 153.10 would expose the pair to corrective pressure toward 152.50 and 151.80, levels that coincide with retracement support and medium term averages. Until a decisive breakout occurs, range bound trading between 153.10 and 154.10 is likely to dominate, offering tactical opportunities for short term traders while the broader uptrend remains intact. In summary, USD/JPY’s climb to 154.02 on 28th January 2026 was not a clean breakout but rather a reaffirmation of overhead resistance. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with sellers defending supply and buyers awaiting confirmation for the next leg higher. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
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USDCHF Technical Analysis – 28th JAN, 2026 USDCHF – On 28th January 2026, USD/CHF advanced to a high of 0.7227 USD/CHF Technical Analysis – 28th January 2026 On 28th January 2026, USD/CHF advanced to a high of 0.7227, a level that underscored the strength of its short term rebound but simultaneously highlighted the presence of firm supply near the 0.7230 psychological barrier. The candle structure was moderately extended with a pronounced upper wick, reflecting how buyers initially drove momentum but were met with resistance as sellers re entered to cap the advance. This rejection suggested that while the pair retained upward momentum, enthusiasm was beginning to fade as the market approached overhead resistance. On the daily chart, the short term structure remained cautiously constructive. The 20 day moving average was positioned around 0.7155, cushioning the advance. The 50 day average, sloping downward from 0.7350, reinforced medium term weakness despite the rebound attempt. The 200 day average at 0.7700 confirmed that the longer term framework remained bearish, with the broader trend still favoring sellers. Momentum indicators hinted at caution: RSI readings hovered near 61, edging toward overbought territory, while MACD values were marginally positive but beginning to flatten, suggesting that upside strength was losing intensity. Intraday dynamics on the four hour chart revealed stretched conditions. Stochastic oscillators climbed into the upper 70s, flashing overbought signals. Price stalled as sellers defended the 0.7225–0.7235 band, while immediate support was layered at 0.7155 and 0.7110. Volatility compressed into a narrowing corridor, often a precursor to breakout attempts, but the balance of flows suggested hesitation rather than conviction. The weekly perspective provided broader context. Since the August 2025 peak near 0.8520, USD/CHF has carved a descending sequence of lower highs and lower lows, underscoring the resilience of the bearish framework. Average True Range readings around 0.0060 reflected controlled but directional swings. Fibonacci retracement mapping from the August 2025 high at 0.8520 to the January 2026 low at 0.7600 highlighted key checkpoints: 38.2% at 0.7920, 50% at 0.8060, and 61.8% at 0.8200. The 0.7227 high sat well below these retracement levels, reinforcing its role as minor resistance within a broader downtrend. Sentiment at this juncture was shaped by the tension between short term rebound attempts and longer term bearish conviction. Institutional flows appeared to fade near minor resistance, while retail positioning remained cautious given the proximity to stretched oscillator readings. The ability of the pair to sustain above 0.7155 was critical, as holding this level would preserve the corrective narrative and invite renewed buying interest. Looking forward, continuation of the rally requires a clean break above 0.7230, which would open the path toward 0.7350 and eventually 0.7500, aligning with prior swing highs. Conversely, a slip back below 0.7155 would expose the pair to corrective pressure toward 0.7110 and 0.7050, levels that coincide with prior swing lows and medium term support. Until a decisive breakout occurs, range bound trading between 0.7155 and 0.7230 is likely to dominate, offering tactical opportunities for short term traders while the broader downtrend remains intact. In summary, USD/CHF’s climb to 0.7227 on 28th January 2026 was not a clean breakout but rather a reaffirmation of overhead resistance. The interplay of moving averages, Fibonacci retracement, and momentum signals pointed to a market pausing at a critical juncture, with sellers defending supply and buyers awaiting confirmation for the next directional move. #fxopen #forex #forexanalysis Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand. For in-depth analysis, please check ...
