Technical Analysis – January 23, 2025
Strength and Weakness Overview (Ranked by Liquidity)
EUR/USD
- 5-Min Chart: Strong Buy
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Buy
- Daily Chart: Buy
USD/JPY
- 5-Min Chart: Strong Sell
- 15-Min Chart: Buy
- 1-Hour Chart: Buy
- Daily Chart: Neutral
GBP/USD
- 5-Min Chart: Strong Buy
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Neutral
AUD/USD
- 5-Min Chart: Strong Buy
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Buy
USD/CAD
- 5-Min Chart: Strong Sell
- 15-Min Chart: Neutral
- 1-Hour Chart: Sell
- Daily Chart: Sell
USD/CHF
- 5-Min Chart: Strong Sell
- 15-Min Chart: Neutral
- 1-Hour Chart: Strong Sell
- Daily Chart: Sell
USD/NZD
- 5-Min Chart: Strong Sell
- 15-Min Chart: Strong Sell
- 1-Hour Chart: Sell
- Daily Chart: Sell
EUR/JPY
- 5-Min Chart: Neutral
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Strong Buy
GBP/JPY
- 5-Min Chart: Strong Buy
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Sell
AUD/JPY
- 5-Min Chart: Strong Buy
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Buy
CAD/JPY
- 5-Min Chart: Sell
- 15-Min Chart: Strong Sell
- 1-Hour Chart: Buy
- Daily Chart: Strong Sell
CHF/JPY
- 5-Min Chart: Buy
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Neutral
XAU/USD (Gold)
- 5-Min Chart: Strong Buy
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Strong Buy
NZD/JPY
- 5-Min Chart: Strong Buy
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Neutral
EUR/GBP
- 5-Min Chart: Strong Sell
- 15-Min Chart: Strong Sell
- 1-Hour Chart: Sell
- Daily Chart: Strong Buy
EUR/AUD
- 5-Min Chart: Strong Sell
- 15-Min Chart: Strong Sell
- 1-Hour Chart: Strong Sell
- Daily Chart: Strong Buy
NZD/CAD
- 5-Min Chart: Strong Buy
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Buy
BTC/USD (Bitcoin)
- 5-Min Chart: Strong Sell
- 15-Min Chart: Strong Sell
- 1-Hour Chart: Neutral
- Daily Chart: Strong Buy
Highlights and Observations
Short-Term Trends (5-Min and 15-Min)
- Strong buying momentum is observed in EUR/USD, GBP/USD, AUD/USD, and XAU/USD (Gold).
- Weakness persists in USD/CAD, USD/CHF, and USD/NZD.
1-Hour Trends
- Persistent strength in EUR/USD, GBP/USD, AUD/USD, and XAU/USD.
- Notable weakness in USD/CAD, USD/CHF, and EUR/GBP.
Daily Trends
- Strong buying signals in EUR/USD, AUD/USD, XAU/USD, and NZD/CAD.
- GBP/JPY and EUR/JPY show short-term strength but exhibit signs of weakness on daily charts.
Summary
- Bullish Pairs: EUR/USD, GBP/USD, AUD/USD, XAU/USD
- Bearish Pairs: USD/CAD, USD/CHF, USD/NZD
- Mixed Signals: USD/JPY, EUR/GBP, EUR/JPY
Traders should prioritize pairs with consistent strength or weakness across multiple timeframes and adapt their strategies to capitalize on short-term trends while aligning with the broader daily momentum.
