Technical Analysis – February 5, 2025

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

📌 Strength & Weakness Overview

Major Currency Pairs

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

USD/JPY
📉 5-Min Chart: Sell
📉 15-Min Chart: Sell
📉 1-Hour Chart: Strong Sell
📉 Daily Chart: Strong Sell

GBP/USD
📈 5-Min Chart: Buy
📈 15-Min Chart: Buy
📈 1-Hour Chart: Strong Buy
📈 Daily Chart: Buy

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

USD/CAD
📉 5-Min Chart: Sell
📉 15-Min Chart: Sell
📉 1-Hour Chart: Strong Sell
📉 Daily Chart: Strong Sell

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

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

Cross Yen Pairs

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

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

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

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

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

Other Assets

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

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

EUR/GBP
📉 5-Min Chart: Sell
📉 15-Min Chart: 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: Sell
🔄 Daily Chart: Neutral

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

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

📌 Key Observations & Analysis

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

EUR/USD, GBP/USD, and XAU/USD (Gold) are showing strong short-term buying pressure.
→ USD is slightly weakening, and risk-on sentiment is increasing.
USD/JPY, EUR/JPY, GBP/JPY, and CHF/JPY remain under selling pressure.
→ JPY buying is strengthening.
BTC/USD is seeing strong short-term buying.
→ Buying pressure is increasing.

1-Hour Chart Trends

EUR/USD, GBP/USD, and XAU/USD (Gold) remain strongly bullish.
→ European currencies and gold are being bought.
USD/JPY, EUR/JPY, GBP/JPY, and CHF/JPY remain weak.
→ Overall, yen is in demand.
BTC/USD (Bitcoin) is under buying pressure in the short term.
→ However, its daily chart remains bearish, requiring caution.

Daily Chart Trends

XAU/USD (Gold) continues its strong buy trend.
→ Potential for further capital inflows.
EUR/USD, GBP/USD, and AUD/USD are trending bullish.
→ USD selling is driving the move.
BTC/USD (Bitcoin) remains bearish on the daily chart.
→ Uncertainty about the sustainability of the short-term uptrend.

🚀 Summary & Recommendations

📈 Currencies & Assets Showing Strong Buying Pressure

XAU/USD (Gold), EUR/USD, GBP/USD, BTC/USD
→ Gold remains a strong buy, and European currencies are seeing a rebound.
→ Bitcoin has short-term buying pressure but requires caution on the daily chart.

📉 Currencies & Assets Under Strong Selling Pressure

USD/JPY, EUR/JPY, GBP/JPY, CHF/JPY
→ Yen buying continues, keeping cross-yen pairs under selling pressure.
USD/CAD, USD/CHF, EUR/GBP
→ USD remains weak against several pairs.
EUR/AUD, NZD/CAD
→ Euro and New Zealand dollar weakness is notable in cross pairs.

🎯 Trading Strategy

📌 Short-Term Trades:

Buy XAU/USD (Gold) → Strong capital inflows.
Buy EUR/USD, GBP/USD → Take advantage of the USD sell trend.
Sell USD/JPY on rebounds → Continue watching the JPY buying trend.

📌 Medium-Term Trades:

Buy dips in Gold (XAU/USD) → Align with long-term capital inflows.
Sell EUR/JPY, GBP/JPY on rebounds → Follow the JPY buying trend.

📌 Long-Term Trades:

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

✅ Conclusion

Gold (XAU/USD) maintains a strong uptrend.
Cross-yen pairs (EUR/JPY, GBP/JPY, CHF/JPY) remain weak due to yen strength.
USD remains under selling pressure, while EUR and GBP are showing a rebound.
BTC/USD is in a short-term uptrend but still needs more confirmation for a long-term shift.

Technical Analysis – February 5, 2025