π February 17 β Technical Analysis & Market Strength Overview
π FX, Crypto, & Metals Strength Analysis (Ranked by Volume)
π Strength Rankings
Major Currency Pairs
EUR/USD
π 5-Min Chart: Strong Sell
π 15-Min Chart: Sell
π 1-Hour Chart: Sell
π Daily Chart: Strong Buy
USD/JPY
π 5-Min Chart: Strong Sell
π 15-Min Chart: Strong Sell
π 1-Hour Chart: Strong Sell
π Daily Chart: Strong Sell
GBP/USD
π 5-Min Chart: Neutral
π 15-Min Chart: Neutral
π 1-Hour Chart: Strong Buy
π Daily Chart: Strong Buy
AUD/USD
π 5-Min Chart: Strong Buy
π 15-Min Chart: Strong Buy
π 1-Hour Chart: Strong Buy
π Daily Chart: Strong Buy
USD/CAD
π 5-Min Chart: Sell
π 15-Min Chart: Neutral
π 1-Hour Chart: Neutral
π Daily Chart: Strong Sell
USD/CHF
π 5-Min Chart: Neutral
π 15-Min Chart: Neutral
π 1-Hour Chart: Neutral
π Daily Chart: Strong Sell
USD/NZD
π 5-Min Chart: Strong Buy
π 15-Min Chart: Buy
π 1-Hour Chart: Sell
π Daily Chart: Strong Sell
Cross Yen Pairs
EUR/JPY
π 5-Min Chart: Strong Sell
π 15-Min Chart: Strong Sell
π 1-Hour Chart: Strong Sell
π Daily Chart: Strong Sell
GBP/JPY
π 5-Min Chart: Strong Sell
π 15-Min Chart: Strong Sell
π 1-Hour Chart: Strong Sell
π Daily Chart: Neutral
AUD/JPY
π 5-Min Chart: Strong Sell
π 15-Min Chart: Strong Sell
π 1-Hour Chart: Sell
π Daily Chart: Neutral
CAD/JPY
π 5-Min Chart: Strong Sell
π 15-Min Chart: Strong Sell
π 1-Hour Chart: Strong Sell
π Daily Chart: Strong Sell
CHF/JPY
π 5-Min Chart: Strong Sell
π 15-Min Chart: Strong Sell
π 1-Hour Chart: Strong Sell
π Daily Chart: Strong Sell
Other Assets
XAU/USD (Gold)
π 5-Min Chart: Strong Sell
π 15-Min Chart: Strong Sell
π 1-Hour Chart: Neutral
π Daily Chart: Strong Buy
NZD/JPY
π 5-Min Chart: Strong Sell
π 15-Min Chart: Strong Sell
π 1-Hour Chart: Sell
π Daily Chart: Neutral
EUR/GBP
π 5-Min Chart: Strong Sell
π 15-Min Chart: Strong Sell
π 1-Hour Chart: Strong Sell
π Daily Chart: Strong Sell
EUR/AUD
π 5-Min Chart: Strong Sell
π 15-Min Chart: Strong Sell
π 1-Hour Chart: Strong Sell
π Daily Chart: Strong Sell
NZD/CAD
π 5-Min Chart: Strong Buy
π 15-Min Chart: Strong Buy
π 1-Hour Chart: Strong Buy
π Daily Chart: Buy
BTC/USD (Bitcoin)
π 5-Min Chart: Sell
π 15-Min Chart: Strong Sell
π 1-Hour Chart: Strong Sell
π Daily Chart: Strong Sell
π Key Observations & Analysis
Short-Term (5-Min, 15-Min Charts)
- EUR/USD, USD/JPY, EUR/JPY, GBP/JPY, CHF/JPY are under heavy selling pressure.
β USD and JPY are in a corrective phase, while EUR and GBP are being sold off. - AUD/USD, NZD/CAD are showing strong short-term buying trends.
β AUD and NZD are leading gains. - Gold (XAU/USD) is under selling pressure in the short term.
β Profit-taking may be occurring despite long-term bullish sentiment.
1-Hour Chart
- GBP/USD, AUD/USD, NZD/CAD are in a strong uptrend.
β GBP and AUD are particularly strong, with continued USD weakness. - EUR/USD, USD/JPY, EUR/JPY, GBP/JPY remain weak.
β EUR and GBP are under significant selling pressure. - BTC/USD (Bitcoin) is bearish, showing strong downward pressure.
β Short-term correction is underway.
Daily Chart
- Gold (XAU/USD) remains in a strong buy trend.
β Safe-haven demand continues to drive long-term bullish momentum. - EUR/USD, USD/JPY, EUR/JPY, GBP/JPY, CHF/JPY remain bearish.
β USD and JPY strength persists, with EUR and GBP facing continued downward pressure. - Bitcoin (BTC/USD) remains in a strong sell trend.
β Medium-term bearish momentum remains dominant.
π Market Outlook & Trade Strategy
π Short-Term Trades:
- Buy AUD/USD, NZD/CAD β Ride the strength in AUD and NZD.
- Sell EUR/USD, USD/JPY β Capitalize on ongoing EUR and USD corrections.
- Short USD/NZD β USD selling momentum continues.
- Short BTC/USD β Bearish momentum still strong.
π Medium-Term Trades:
- Sell EUR/JPY, GBP/JPY β Yen strength continues, favoring downside plays.
π Long-Term Trades:
- Be cautious with BTC/USD buys β Short-term downside risk persists.
π Conclusion
π Bullish Assets:
- AUD/USD, NZD/CAD showing short-term strength.
- Gold (XAU/USD) maintains long-term upside momentum.
π Bearish Assets:
- EUR/USD, USD/JPY, EUR/JPY, GBP/JPY, CHF/JPY are under heavy selling pressure.
- Bitcoin (BTC/USD) remains weak in the short to medium term.
πΉ Focus on short-term AUD & NZD strength while maintaining caution with BTC & JPY crosses.
πΉ Gold remains a long-term safe-haven buy, while the USD and JPY remain in a correction phase.