Technical Analysis – February 7, 2025
📊 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: Strong Sell
📉 1-Hour Chart: Strong Sell
🔄 Daily Chart: Neutral
USD/JPY
🔄 5-Min Chart: Neutral
📈 15-Min Chart: Buy
📈 1-Hour Chart: Buy
📉 Daily Chart: Strong Sell
GBP/USD
📉 5-Min Chart: Strong Sell
📉 15-Min Chart: Strong Sell
📈 1-Hour Chart: Buy
🔄 Daily Chart: Neutral
AUD/USD
📉 5-Min Chart: Sell
📉 15-Min Chart: Strong Sell
📉 1-Hour Chart: Sell
📈 Daily Chart: Strong Buy
USD/CAD
📈 5-Min Chart: Strong Buy
📈 15-Min Chart: Strong Buy
📈 1-Hour Chart: Strong Buy
🔄 Daily Chart: Neutral
USD/CHF
📈 5-Min Chart: Strong Buy
📈 15-Min Chart: Strong Buy
📈 1-Hour Chart: Strong Buy
📈 Daily Chart: Buy
USD/NZD
📈 5-Min Chart: Strong Buy
📈 15-Min Chart: Strong Buy
📈 1-Hour Chart: Buy
📉 Daily Chart: Sell
Cross Yen Pairs
EUR/JPY
📉 5-Min Chart: Sell
📉 15-Min Chart: Strong Sell
🔄 1-Hour Chart: Neutral
📉 Daily Chart: Strong Sell
GBP/JPY
🔄 5-Min Chart: Neutral
📉 15-Min Chart: Sell
🔄 1-Hour Chart: Neutral
📉 Daily Chart: Strong Sell
AUD/JPY
📉 5-Min Chart: Strong Sell
📉 15-Min Chart: Strong Sell
🔄 1-Hour Chart: Neutral
📉 Daily Chart: Strong Sell
CAD/JPY
📉 5-Min Chart: Strong Sell
📉 15-Min Chart: Strong Sell
🔄 1-Hour Chart: Neutral
📉 Daily Chart: Strong Sell
CHF/JPY
📉 5-Min Chart: Strong Sell
📉 15-Min Chart: Strong Sell
🔄 1-Hour Chart: Neutral
📉 Daily Chart: Strong Sell
Other Assets
XAU/USD (Gold)
📉 5-Min Chart: Strong Sell
📉 15-Min Chart: Strong Sell
🔄 1-Hour Chart: Neutral
📈 Daily Chart: Strong Buy
NZD/JPY
📉 5-Min Chart: Sell
📉 15-Min Chart: Strong Sell
🔄 1-Hour Chart: Neutral
📉 Daily Chart: Strong Sell
EUR/GBP
🔄 5-Min Chart: Neutral
📉 15-Min Chart: Strong Sell
📉 1-Hour Chart: Strong Sell
📉 Daily Chart: Strong Sell
EUR/AUD
🔄 5-Min Chart: Neutral
🔄 15-Min Chart: Neutral
🔄 1-Hour Chart: Neutral
📉 Daily Chart: Strong Sell
NZD/CAD
📈 5-Min Chart: Strong Buy
📈 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: Strong Buy
📉 Daily Chart: Strong Sell
📌 Key Observations & Analysis
Short-Term Trends (5-Min & 15-Min Charts)
- EUR/USD, GBP/USD, EUR/JPY, GBP/JPY are under strong selling pressure.
→ USD and JPY are relatively strong, while European currencies are being sold off. - USD/CHF, USD/NZD, and BTC/USD are showing strong buying pressure.
→ USD is strengthening against CHF and NZD.
→ Bitcoin is showing a strong short-term uptrend. - XAU/USD (Gold) faces selling pressure in the short term.
→ This could be a temporary correction or the start of a new trend.
1-Hour Chart Trends
- EUR/USD, GBP/USD, EUR/JPY, GBP/JPY remain weak.
→ Potential for continued weakness in European currencies. - USD/JPY and USD/NZD show buying pressure, XAU/USD (Gold) is neutral.
→ USD/JPY is rising, and NZD is gaining against USD. - BTC/USD (Bitcoin) continues its strong buy momentum.
→ Upward momentum remains intact, but caution is needed on the daily chart.
Daily Chart Trends
- XAU/USD (Gold) maintains a strong buy trend.
→ Continued capital inflows into gold due to safe-haven demand. - EUR/USD, GBP/USD, AUD/USD, EUR/JPY, GBP/JPY remain bearish.
→ USD is broadly strong, pressuring euro, pound, and Australian dollar. - BTC/USD (Bitcoin) remains a strong sell on the daily chart.
→ Short-term buying pressure is strong, but long-term direction remains uncertain.
🚀 Summary & Recommendations
📈 Assets Showing Strong Buying Pressure
- USD/CHF, USD/NZD, BTC/USD
→ USD is strengthening, particularly against CHF and NZD.
→ Bitcoin continues its short-term uptrend.
📉 Assets Under Strong Selling Pressure
- EUR/USD, GBP/USD, EUR/JPY, GBP/JPY, CHF/JPY
→ European currencies and yen are under selling pressure. - EUR/AUD, NZD/CAD
→ Euro and NZD remain weak in cross pairs.
🎯 Trading Strategy
📌 Short-Term Trades:
- Buy USD/CHF, USD/NZD → Ride the USD strength.
- Sell EUR/USD, GBP/USD on rebounds → Follow the USD buying trend.
- Buy USD/JPY → Short-term yen weakness likely.
- Long BTC/USD short-term → Strong buying pressure, but caution needed on the daily chart.
📌 Medium-Term Trades:
- Buy Gold (XAU/USD) on dips → Utilize long-term capital inflows.
- Sell EUR/JPY, GBP/JPY on rebounds → Align with yen-buying trends.
📌 Long-Term Trades:
- Be cautious with BTC/USD dip buying → Further confirmation needed for sustained uptrend.
✅ Conclusion
- Bitcoin (BTC/USD) is strong short-term but requires caution on the daily chart.
- USD (USD/CHF, USD/NZD) remains strong, particularly against CHF.
- European currencies (EUR/USD, GBP/USD) remain weak, while cross-yen pairs (EUR/JPY, GBP/JPY) face yen appreciation risks.
- Gold (XAU/USD) may offer dip-buying opportunities, though short-term selling pressure exists.
