Technical Analysis – January 20, 2025

Technical Analysis – January 20, 2025

Currency Pairs and Commodities Ranked by Liquidity


Strength and Weakness Overview (By Liquidity)

EUR/USD

  • 5-Min Chart: Strong Buy
  • 15-Min Chart: Strong Buy
  • 1-Hour Chart: Strong Buy
  • Daily Chart: Strong Sell

USD/JPY

  • 5-Min Chart: Buy
  • 15-Min Chart: Strong Buy
  • 1-Hour Chart: Strong Buy
  • Daily Chart: Neutral

GBP/USD

  • 5-Min Chart: Strong Buy
  • 15-Min Chart: Strong Buy
  • 1-Hour Chart: Strong Buy
  • Daily Chart: Strong Sell

AUD/USD

  • 5-Min Chart: Strong Sell
  • 15-Min Chart: Strong Sell
  • 1-Hour Chart: Strong Sell
  • Daily Chart: Sell

USD/CAD

  • 5-Min Chart: Neutral
  • 15-Min Chart: Buy
  • 1-Hour Chart: Strong Buy
  • Daily Chart: Strong Buy

USD/CHF

  • 5-Min Chart: Strong Buy
  • 15-Min Chart: Strong Buy
  • 1-Hour Chart: Strong Buy
  • Daily Chart: Strong Buy

USD/NZD

  • 5-Min Chart: Sell
  • 15-Min Chart: Neutral
  • 1-Hour Chart: Sell
  • Daily Chart: Buy

EUR/JPY

  • 5-Min Chart: Strong Buy
  • 15-Min Chart: Strong Buy
  • 1-Hour Chart: Strong Buy
  • Daily Chart: Strong Sell

GBP/JPY

  • 5-Min Chart: Strong Buy
  • 15-Min Chart: Strong Buy
  • 1-Hour Chart: Strong Buy
  • Daily Chart: Strong Sell

AUD/JPY

  • 5-Min Chart: Neutral
  • 15-Min Chart: Buy
  • 1-Hour Chart: Strong Buy
  • Daily Chart: Strong Sell

CAD/JPY

  • 5-Min Chart: Buy
  • 15-Min Chart: Strong Buy
  • 1-Hour Chart: Strong Buy
  • Daily Chart: Strong Sell

CHF/JPY

  • 5-Min Chart: Sell
  • 15-Min Chart: Strong Buy
  • 1-Hour Chart: Strong Buy
  • Daily Chart: Strong Sell

XAU/USD (Gold)

  • 5-Min Chart: Neutral
  • 15-Min Chart: Strong Buy
  • 1-Hour Chart: Strong Buy
  • Daily Chart: Strong Buy

NZD/JPY

  • 5-Min Chart: Neutral
  • 15-Min Chart: Buy
  • 1-Hour Chart: Strong Buy
  • Daily Chart: Strong Sell

EUR/GBP

  • 5-Min Chart: Neutral
  • 15-Min Chart: Buy
  • 1-Hour Chart: Strong Buy
  • Daily Chart: Strong Buy

EUR/AUD

  • 5-Min Chart: Strong Buy
  • 15-Min Chart: Strong Buy
  • 1-Hour Chart: Strong Buy
  • Daily Chart: Buy

NZD/CAD

  • 5-Min Chart: Sell
  • 15-Min Chart: Neutral
  • 1-Hour Chart: Strong Buy
  • Daily Chart: Buy

BTC/USD (Bitcoin)

  • 5-Min Chart: Strong Buy
  • 15-Min Chart: Strong Buy
  • 1-Hour Chart: Strong Buy
  • Daily Chart: Strong Buy

Key Features and Analysis

Short-Term Charts (5-Min, 15-Min)

  • EUR/USD, GBP/USD, and XAU/USD (Gold): Strong buy signals dominate, indicating robust short-term upward momentum.
  • AUD/USD, USD/NZD, and Yen Crosses (CHF/JPY, NZD/JPY): Weakness persists across short-term charts.

1-Hour Charts

  • USD/CAD, USD/CHF, and BTC/USD (Bitcoin): Continued strong buying momentum, signaling potential bullish breakout.
  • AUD/USD, USD/NZD, and Yen Crosses (CHF/JPY, AUD/JPY): Maintain bearish trends, reflecting market caution or risk-off sentiment.

Daily Charts

  • XAU/USD, EUR/AUD, and BTC/USD: Strong buy signals remain intact, suggesting sustained longer-term upward trends.
  • EUR/USD, GBP/USD, and Yen Crosses (EUR/JPY, GBP/JPY): Weakness continues to dominate, pointing to downward pressure.

This analysis underscores significant buying opportunities in USD/CAD, XAU/USD, and BTC/USD, while highlighting caution for AUD/USD and Yen crosses due to prevailing bearish sentiment.

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