Technical Analysis – February 4, 2025

Technical Analysis – February 4, 2025

※ The following currency pairs and assets are listed in order of trading volume (liquidity).


📊 Strength & Weakness Analysis – FX, Crypto, and Metals (Ranked by Trading Volume)


📌 Strength & Weakness Overview

Major Currency Pairs

EUR/USD
📉 5-Min Chart: Sell
📉 15-Min Chart: Sell
📈 1-Hour Chart: Buy
📉 Daily Chart: Strong Sell

USD/JPY
🔄 5-Min Chart: Neutral
📈 15-Min Chart: Buy
📈 1-Hour Chart: Strong Buy
🔄 Daily Chart: Neutral

GBP/USD
📉 5-Min Chart: Strong Sell
📉 15-Min Chart: Strong Sell
📈 1-Hour Chart: Buy
🔄 Daily Chart: Neutral

AUD/USD
📈 5-Min Chart: Buy
📈 15-Min Chart: Strong Buy
📈 1-Hour Chart: Strong Buy
📉 Daily Chart: Strong Sell

USD/CAD
🔄 5-Min Chart: Neutral
📉 15-Min Chart: Strong Sell
📉 1-Hour Chart: Strong Sell
📈 Daily Chart: Buy

USD/CHF
🔄 5-Min Chart: Neutral
📉 15-Min Chart: Strong Sell
📉 1-Hour Chart: Strong Sell
📈 Daily Chart: Buy

USD/NZD
📈 5-Min Chart: Strong Buy
📉 15-Min Chart: Strong Sell
📉 1-Hour Chart: Sell
📈 Daily Chart: Strong Buy


Cross Yen Pairs

EUR/JPY
📉 5-Min Chart: Strong Sell
📉 15-Min Chart: Sell
📈 1-Hour Chart: Buy
📉 Daily Chart: Strong Sell

GBP/JPY
📉 5-Min Chart: Strong Sell
📉 15-Min Chart: Strong Sell
📈 1-Hour Chart: Strong Buy
🔄 Daily Chart: Neutral

AUD/JPY
📈 5-Min Chart: Buy
📈 15-Min Chart: Strong Buy
📈 1-Hour Chart: Strong Buy
📉 Daily Chart: Strong Sell

CAD/JPY
🔄 5-Min Chart: Neutral
📈 15-Min Chart: Strong Buy
📈 1-Hour Chart: Strong Buy
📉 Daily Chart: Sell

CHF/JPY
📉 5-Min Chart: Sell
📈 15-Min Chart: Strong Buy
📈 1-Hour Chart: Strong Buy
📉 Daily Chart: Strong Sell


Other Assets

XAU/USD (Gold)
📈 5-Min Chart: Strong Buy
🔄 15-Min Chart: Neutral
🔄 1-Hour Chart: Neutral
📈 Daily Chart: Strong Buy

NZD/JPY
📈 5-Min Chart: Strong Buy
📈 15-Min Chart: Strong Buy
📈 1-Hour Chart: Strong Buy
📉 Daily Chart: Strong Sell

EUR/GBP
🔄 5-Min Chart: Neutral
🔄 15-Min Chart: Neutral
📈 1-Hour Chart: Buy
📉 Daily Chart: Strong Sell

EUR/AUD
📉 5-Min Chart: Strong Sell
📉 15-Min Chart: Strong Sell
📉 1-Hour Chart: Strong Sell
🔄 Daily Chart: Neutral

NZD/CAD
📈 5-Min Chart: Buy
📉 15-Min Chart: Sell
📉 1-Hour Chart: Strong Sell
📉 Daily Chart: Strong Sell

BTC/USD (Bitcoin)
📈 5-Min Chart: Strong Buy
📈 15-Min Chart: Strong Buy
🔄 1-Hour Chart: Neutral
🔄 Daily Chart: Neutral


📌 Key Observations & Analysis

Short-Term Trends (5-Min & 15-Min Charts)

  • AUD/USD, AUD/JPY, NZD/JPY showing strong short-term buying momentum.
    → Recovery in risk-sensitive currencies.
  • EUR/USD, GBP/USD, EUR/JPY, GBP/JPY remain under selling pressure.
    → Likely driven by risk-off dollar buying.
  • BTC/USD showing strong short-term buying.
    → Short-term rebound in progress.

1-Hour Chart Trends

  • USD/JPY, GBP/JPY, AUD/JPY, NZD/JPY are trending strongly bullish.
    → Yen cross pairs experiencing a rebound.
  • USD/CAD, USD/CHF, EUR/JPY, EUR/AUD remain weak.
    → The dollar and euro face resistance.
  • Gold (XAU/USD) remains neutral in the short term but continues showing long-term bullish signals.
    → Reflects overall market uncertainty.

Daily Chart Trends

  • XAU/USD (Gold) continues its strong buy trend.
    → Potential for further capital inflows.
  • EUR/USD, GBP/USD, AUD/USD, USD/JPY show bearish tendencies.
    → Dollar strength continues, but watch for possible pullbacks.
  • BTC/USD (Bitcoin) remains neutral.
    → Further buying is needed to confirm an uptrend.

🚀 Summary & Recommendations

📈 Currencies & Assets Showing Strong Buying Pressure

  • XAU/USD (Gold), AUD/JPY, NZD/JPY, BTC/USD
    → Gold remains a strong buy, and Oceania currencies are gaining short-term momentum.
    → Bitcoin also shows increasing short-term buying pressure.

📉 Currencies & Assets Under Strong Selling Pressure

  • EUR/USD, GBP/USD, EUR/JPY, GBP/JPY
    → Dollar strength continues, while euro and pound remain weak.
  • USD/CAD, USD/CHF
    → Dollar faces resistance, leading to declines in some pairs.
  • EUR/AUD, NZD/CAD
    → Euro and New Zealand dollar weakness stand out in cross pairs.

🎯 Trading Strategy

📌 Short-Term Trades:

  • Buy XAU/USD (Gold) → Continued capital inflows.
  • Sell EUR/USD, GBP/USD on pullbacks → Trend remains intact.
  • Buy cross-yen pairs (AUD/JPY, NZD/JPY) → Ride the short-term rebound.

📌 Medium-Term Trades:

  • Buy dips in Gold (XAU/USD) → Safe-haven buying persists.
  • Sell EUR/AUD → Exploit euro weakness relative to AUD.

📌 Long-Term Trades:

  • Be cautious with BTC/USD dip buying → More confirmation needed for a sustained uptrend.

✅ Conclusion

  • Gold (XAU/USD) maintains a strong uptrend.
  • Cross-yen pairs (AUD/JPY, NZD/JPY) are rebounding short-term.
  • The dollar shows mixed signals, while euro and pound remain weak.
  • BTC/USD is in a short-term uptrend but still lacks long-term clarity.

More Insights