Weekly Market Update: BTCUSD, USDJPY & GOLD : Feb 1st – 8th, 2026

NOTE: This market newsletter is based on analysis conducted using the daily chart timeframe. Each market discussed is accompanied by a corresponding price chart for clarity and reference.

BTCUSD – Bitcoin: Selling On Retracement Higher & After Price Action Signal At Or Within The $84383 – $86306 Resistance Area

Comments: The Bullish Long Tailed Pin Bar Signal that had formed late last week failed (We did not consider trading this signal, nor did we mention it). 

Potential Trade Signal: We are considering selling on a deeper retracement higher and after a price action sell signal, at or within the $84383 – $86306 short-term resistance area. 

To Trade This Market With Our Preferred Broker, CLICK HERE

USDJPY: Selling On Retracement Higher & After Price Action Signal At Or Within The 155.55- 156.09 Resistance Area

Comments: Price has been forming a Giant Multiple Inside Bar Pattern since late last week (We are not considering trading this pattern). 

Potential Trade Signal: We are considering selling on a retracement higher and only after a clear price action sell signal at or within the 155.55- 156.09 short-term resistance area. 

To Trade This Market With Our Preferred Broker, CLICK HERE

GOLD – SPOT: Buying On Retracement Lower And After Price Action Signal At Or Within The $4406 – $4450 Support Area

Comments: Price recently collapsed and moved significantly lower from the $5596 short-term resistance level.

Price seems to be heading towards the $4406 – $4450 key support area. 

Potential Trade Signal: We are considering buying on a deeper retracement lower and after a clear price action buy signal, at or within the $4406 – $4450 key support area. 

To Trade This Market With Our Preferred Broker, CLICK HERE

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Disclaimer: The risk of loss in trading financial market products, like Cryptocurrencies can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Any content posted here should not be considered financial or Trading advice, this newsletter is just for information purposes and is just the author’s opinion.