Technical Analysis – January 6, 2025
(Arranged by trading volume/liquidity in descending order.)
Strength/Weakness Overview
EUR/USD
- M5: Sell
- M15: Buy
- H1: Strong Buy
- Daily: Strong Sell
USD/JPY
- M5: Strong Buy
- M15: Strong Buy
- H1: Strong Buy
- Daily: Strong Buy
GBP/USD
- M5: Strong Buy
- M15: Strong Buy
- H1: Strong Buy
- Daily: Strong Sell
AUD/USD
- M5: Neutral
- M15: Strong Buy
- H1: Strong Buy
- Daily: Neutral
USD/CAD
- M5: Strong Sell
- M15: Strong Sell
- H1: Strong Sell
- Daily: Neutral
USD/CHF
- M5: Neutral
- M15: Strong Sell
- H1: Strong Sell
- Daily: Strong Buy
USD/NZD
- M5: Strong Sell
- M15: Strong Sell
- H1: Strong Sell
- Daily: Strong Buy
EUR/JPY
- M5: Neutral
- M15: Strong Buy
- H1: Strong Buy
- Daily: Strong Buy
GBP/JPY
- M5: Strong Buy
- M15: Strong Buy
- H1: Strong Buy
- Daily: Strong Buy
AUD/JPY
- M5: Strong Buy
- M15: Strong Buy
- H1: Strong Buy
- Daily: Strong Buy
CAD/JPY
- M5: Strong Buy
- M15: Strong Buy
- H1: Strong Buy
- Daily: Strong Buy
CHF/JPY
- M5: Strong Buy
- M15: Strong Buy
- H1: Strong Buy
- Daily: Strong Buy
XAU/USD (Gold)
- M5: Strong Buy
- M15: Buy
- H1: Strong Sell
- Daily: Neutral
NZD/JPY
- M5: Strong Buy
- M15: Strong Buy
- H1: Strong Buy
- Daily: Neutral
EUR/GBP
- M5: Strong Sell
- M15: Strong Sell
- H1: Strong Sell
- Daily: Strong Sell
EUR/AUD
- M5: Strong Sell
- M15: Strong Sell
- H1: Neutral
- Daily: Sell
NZD/CAD
- M5: Strong Sell
- M15: Strong Sell
- H1: Strong Sell
- Daily: Strong Sell
BTC/USD
- M5: Strong Sell
- M15: Strong Sell
- H1: Neutral
- Daily: Strong Buy
Observations and Analysis
Short-Term Charts (M5, M15)
- Yen Crosses (USD/JPY, GBP/JPY, AUD/JPY, CAD/JPY, CHF/JPY) show Strong Buy on short time frames, indicating short-term yen strength.
- EUR/GBP and NZD/CAD remain in a Strong Sell trend.
H1 Chart
- Yen Pairs (e.g., USD/JPY, GBP/JPY, EUR/JPY) continue a Strong Buy trend.
- Gold (XAU/USD) has turned Strong Sell, suggesting a correction phase.
Daily Chart
- BTC/USD and USD/CHF show a Strong Buy trend, indicating a recovery phase.
- EUR/USD and GBP/USD suggest weakness (Strong Sell) on the daily timeframe.
