Technical Analysis – February 3, 2025
※ The following currency pairs and assets are listed in order of trading volume (liquidity).
Strength & Weakness Overview (Ranked by Trading Volume)
Major Currency Pairs
EUR/USD
📈 5-Min Chart: Strong Buy
📈 15-Min Chart: Strong Buy
🔄 1-Hour Chart: Neutral
📉 Daily Chart: Strong Sell
USD/JPY
🔄 5-Min Chart: Neutral
📉 15-Min Chart: Strong Sell
📉 1-Hour Chart: Strong Sell
📉 Daily Chart: Strong Sell
GBP/USD
📈 5-Min Chart: Strong Buy
📈 15-Min Chart: Strong Buy
📈 1-Hour Chart: Buy
📉 Daily Chart: Strong Sell
AUD/USD
📈 5-Min Chart: Strong Buy
📈 15-Min Chart: Strong Buy
📈 1-Hour Chart: Buy
📉 Daily Chart: Strong Sell
USD/CAD
📉 5-Min Chart: Strong Sell
📉 15-Min Chart: Sell
📉 1-Hour Chart: Sell
📈 Daily Chart: Strong Buy
USD/CHF
📉 5-Min Chart: Strong Sell
📉 15-Min Chart: Strong Sell
🔄 1-Hour Chart: Neutral
📈 Daily Chart: Strong Buy
USD/NZD
📉 5-Min Chart: Strong Sell
📉 15-Min Chart: Strong Sell
📉 1-Hour Chart: Sell
📈 Daily Chart: Strong Buy
Cross Yen Pairs
EUR/JPY
📈 5-Min Chart: Strong Buy
🔄 15-Min Chart: Neutral
📉 1-Hour Chart: Strong Sell
📉 Daily Chart: Strong Sell
GBP/JPY
📈 5-Min Chart: Strong Buy
📈 15-Min Chart: Strong Buy
📉 1-Hour Chart: Sell
📉 Daily Chart: Strong Sell
AUD/JPY
📈 5-Min Chart: Strong Buy
📈 15-Min Chart: Buy
📉 1-Hour Chart: Sell
📉 Daily Chart: Strong Sell
CAD/JPY
📈 5-Min Chart: Strong Buy
📈 15-Min Chart: Buy
📉 1-Hour Chart: Strong Sell
📉 Daily Chart: Strong Sell
CHF/JPY
📈 5-Min Chart: Strong Buy
🔄 15-Min Chart: Neutral
📉 1-Hour Chart: Strong Sell
📉 Daily Chart: Strong Sell
Other Assets
XAU/USD (Gold)
📈 5-Min Chart: 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: Neutral
📉 1-Hour Chart: Strong Sell
📉 Daily Chart: Strong Sell
EUR/GBP
📉 5-Min Chart: Strong Sell
📉 15-Min Chart: Strong Sell
📉 1-Hour Chart: Strong Sell
📉 Daily Chart: Strong Sell
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: Neutral
🔄 15-Min Chart: Neutral
🔄 1-Hour Chart: Neutral
🔄 Daily Chart: Neutral
BTC/USD (Bitcoin)
📉 5-Min Chart: Strong Sell
📉 15-Min Chart: Strong Sell
📉 1-Hour Chart: Strong Sell
📉 Daily Chart: Strong Sell
📌 Key Observations & Analysis
Short-Term Trends (5-Min & 15-Min Charts)
- EUR/USD, GBP/USD, AUD/USD, and Cross Yen Pairs (EUR/JPY, GBP/JPY, AUD/JPY, CAD/JPY, CHF/JPY) are showing short-term buying trends.
→ Potential short-term rebound. - USD/CAD, USD/CHF, USD/NZD are experiencing short-term selling pressure.
→ Temporary weakness in the U.S. dollar.
1-Hour Chart Trends
- USD/NZD, USD/CHF remain under selling pressure.
- EUR/USD, GBP/USD, AUD/USD are in a neutral rebound phase.
→ Some dollar selling, but market remains unstable. - Gold (XAU/USD) remains strongly bullish in both short and medium term.
→ Risk aversion likely driving safe-haven demand.
Daily Chart Trends
- Gold (XAU/USD) continues to be a strong buy.
→ Reflecting market instability and increasing safe-haven demand. - EUR/USD, GBP/USD, AUD/USD, and Cross Yen Pairs continue facing selling pressure.
→ Strong dollar and ongoing risk-off sentiment. - BTC/USD (Bitcoin) is experiencing broad-based selling.
→ Risk-off sentiment remains dominant in the crypto market.
🚀 Summary & Recommendations
📈 Assets with Strong Buying Pressure
- Gold (XAU/USD), EUR/JPY, GBP/JPY, AUD/JPY, CAD/JPY
→ Gold is benefiting from risk aversion, while cross-yen pairs are showing short-term rebounds.
📉 Assets Under Strong Selling Pressure
- USD/CAD, USD/CHF, USD/NZD (Dollar Weakness)
- EUR/GBP, EUR/AUD (Eurozone currencies are weak)
- BTC/USD (Bitcoin) facing broad-based selling
→ Crypto markets remain under strong risk-off pressure.
🎯 Trading Strategy
📌 Short-Term Trades:
- Buy XAU/USD → Follow the strong uptrend.
- Short-term selling of EUR/USD & GBP/USD → Sell at retracement points.
- Buy Cross Yen Pairs (EUR/JPY, GBP/JPY, AUD/JPY) → Ride the short-term rebound.
📌 Medium-Term Trades:
- Buy Gold (XAU/USD) on dips → Align with long-term trend.
- Sell EUR/AUD → Targeting euro weakness against the AUD.
📌 Long-Term Trades:
- Caution with BTC/USD dip-buying → Bitcoin remains under strong selling pressure, best to wait for a major rebound signal.
