Technical Analysis – January 21, 2025
Strength and Weakness Overview (Ranked by Liquidity)
EUR/USD
- 5-min: Strong Buy
- 15-min: Neutral
- 1-hour: Neutral
- Daily: Neutral
USD/JPY
- 5-min: Strong Sell
- 15-min: Neutral
- 1-hour: Buy
- Daily: Neutral
GBP/USD
- 5-min: Buy
- 15-min: Sell
- 1-hour: Strong Sell
- Daily: Strong Sell
AUD/USD
- 5-min: Buy
- 15-min: Strong Sell
- 1-hour: Strong Sell
- Daily: Neutral
USD/CAD
- 5-min: Buy
- 15-min: Strong Buy
- 1-hour: Strong Buy
- Daily: Strong Buy
USD/CHF
- 5-min: Sell
- 15-min: Strong Buy
- 1-hour: Strong Buy
- Daily: Buy
USD/NZD
- 5-min: Strong Buy
- 15-min: Strong Buy
- 1-hour: Buy
- Daily: Neutral
EUR/JPY
- 5-min: Strong Sell
- 15-min: Sell
- 1-hour: Sell
- Daily: Strong Sell
GBP/JPY
- 5-min: Buy
- 15-min: Sell
- 1-hour: Strong Sell
- Daily: Strong Sell
AUD/JPY
- 5-min: Strong Sell
- 15-min: Strong Sell
- 1-hour: Strong Sell
- Daily: Strong Sell
CAD/JPY
- 5-min: Strong Sell
- 15-min: Strong Sell
- 1-hour: Strong Sell
- Daily: Strong Sell
CHF/JPY
- 5-min: Sell
- 15-min: Strong Sell
- 1-hour: Strong Sell
- Daily: Strong Sell
XAU/USD (Gold)
- 5-min: Strong Buy
- 15-min: Strong Buy
- 1-hour: Strong Buy
- Daily: Strong Buy
NZD/JPY
- 5-min: Neutral
- 15-min: Strong Sell
- 1-hour: Strong Sell
- Daily: Strong Sell
EUR/GBP
- 5-min: Strong Sell
- 15-min: Neutral
- 1-hour: Strong Buy
- Daily: Strong Buy
EUR/AUD
- 5-min: Sell
- 15-min: Strong Buy
- 1-hour: Buy
- Daily: Strong Buy
NZD/CAD
- 5-min: Strong Buy
- 15-min: Buy
- 1-hour: Neutral
- Daily: Strong Buy
BTC/USD (Bitcoin)
- 5-min: Strong Buy
- 15-min: Strong Buy
- 1-hour: Strong Buy
- Daily: Strong Buy
Key Observations and Analysis
Short-Term Trends (5-min, 15-min)
- EUR/USD, GBP/USD, and XAU/USD (Gold): Strong buying momentum is visible in the short term.
- JPY Pairs: USD/JPY, EUR/JPY, and GBP/JPY are exhibiting short-term weakness.
1-Hour Trends
- USD/CAD, USD/CHF, BTC/USD: Persistent strong buying trends.
- AUD/USD, EUR/JPY, and Yen Crosses: Continued weakness across these pairs.
Daily Trends
- XAU/USD, EUR/AUD, BTC/USD: Sustained strong buying momentum in the long term.
- EUR/USD, GBP/USD, and Yen Crosses: Weakness remains dominant.
Summary
- Strong Performers: USD/CAD, USD/CHF, XAU/USD, BTC/USD
- Weak Performers: EUR/JPY, GBP/JPY, AUD/JPY, CAD/JPY
Traders should watch for potential reversals in overbought or oversold conditions and align strategies accordingly with the major trends.
