π Technical Analysis β February 18, 2025
π FX, Cryptocurrency, and Metals Market Strength Analysis (Ranked by Trading Volume)
π Strength Overview
Major Currency Pairs
EUR/USD
π 5-min: Sell
π 15-min: Sell
π 1-hour: Neutral
π Daily: Strong Buy
USD/JPY
π 5-min: Strong Buy
π 15-min: Strong Buy
π 1-hour: Neutral
π Daily: Strong Sell
GBP/USD
π 5-min: Strong Buy
π 15-min: Neutral
π 1-hour: Neutral
π Daily: Strong Buy
AUD/USD
π 5-min: Strong Buy
π 15-min: Neutral
π 1-hour: Strong Buy
π Daily: Strong Buy
USD/CAD
π 5-min: Strong Buy
π 15-min: Buy
π 1-hour: Strong Sell
π Daily: Strong Sell
USD/CHF
π 5-min: Strong Buy
π 15-min: Strong Buy
π 1-hour: Neutral
π Daily: Strong Sell
USD/NZD
π 5-min: Neutral
π 15-min: Buy
π 1-hour: Buy
π Daily: Strong Sell
Cross Yen Pairs
EUR/JPY
π 5-min: Strong Buy
π 15-min: Buy
π 1-hour: Sell
π Daily: Sell
GBP/JPY
π 5-min: Strong Buy
π 15-min: Neutral
π 1-hour: Neutral
π Daily: Neutral
AUD/JPY
π 5-min: Strong Buy
π 15-min: Strong Buy
π 1-hour: Strong Buy
π Daily: Neutral
CAD/JPY
π 5-min: Strong Buy
π 15-min: Buy
π 1-hour: Neutral
π Daily: Neutral
CHF/JPY
π 5-min: Strong Buy
π 15-min: Sell
π 1-hour: Neutral
π Daily: Sell
Other Assets
XAU/USD (Gold)
π 5-min: Buy
π 15-min: Strong Buy
π 1-hour: Strong Buy
π Daily: Strong Buy
NZD/JPY
π 5-min: Buy
π 15-min: Sell
π 1-hour: Strong Sell
π Daily: Sell
EUR/GBP
π 5-min: Strong Sell
π 15-min: Neutral
π 1-hour: Neutral
π Daily: Strong Sell
EUR/AUD
π 5-min: Strong Sell
π 15-min: Neutral
π 1-hour: Strong Sell
π Daily: Strong Sell
NZD/CAD
π 5-min: Strong Buy
π 15-min: Strong Sell
π 1-hour: Strong Sell
π Daily: Strong Sell
BTC/USD (Bitcoin)
π 5-min: Strong Buy
π 15-min: Buy
π 1-hour: Sell
π Daily: Strong Sell
π Key Market Trends and Analysis
Short-Term (5-min & 15-min)
- USD/JPY, EUR/JPY, GBP/JPY: Short-term buying pressure β Dollar and yen strength, boosting cross-yen pairs.
- AUD/USD, XAU/USD (Gold): Buying pressure remains strong β Flowing into AUD and Gold as risk-on assets.
- EUR/USD, NZD/JPY, NZD/CAD: Selling pressure continues β Euro and NZD showing signs of weakness.
1-Hour Chart
- AUD/USD, XAU/USD: Buying pressure remains β Market shifting towards risk-on mode.
- EUR/USD, NZD/JPY, NZD/CAD: Selling pressure continues β Euro and NZD struggle as USD maintains strength.
- BTC/USD (Bitcoin): Selling pressure β Short-term correction underway.
Daily Chart
- XAU/USD (Gold): Strong buying continues β Safe-haven demand remains intact.
- EUR/USD, NZD/JPY, NZD/CAD, EUR/GBP: Downtrend β USD and JPY are holding firm, keeping these pairs under selling pressure.
- BTC/USD (Bitcoin): Strong selling pressure β Mid-term downtrend likely to continue.
π Summary and Trade Strategy
π Bullish Pairs & Assets:
- BTC/USD (Bitcoin): Short-term bullish but requires caution for mid-term trend.
π Bearish Pairs & Assets:
- EUR/USD, NZD/JPY, NZD/CAD: Euro and NZD are facing sustained selling pressure.
- EUR/GBP, EUR/AUD: Weak euro sentiment continues.
π― Trading Strategy:
π Short-Term Trading:
- Short EUR/USD, NZD/JPY: Targeting euro and NZD weakness.
- Long BTC/USD: Short-term rebound expected, but cautious mid-term outlook.
π Mid-Term Trading:
- Short EUR/JPY, GBP/JPY: Watching for potential yen strength.
π Long-Term Trading:
- Careful buying of BTC/USD: Short-term rally possible, but long-term trend remains uncertain.
β Final Thoughts:
- Euro (EUR/USD) and NZD (NZD/JPY, NZD/CAD) remain under selling pressure.
- Bitcoin (BTC/USD) is showing short-term strength, but long-term uncertainty persists.
- Gold (XAU/USD) remains in a strong uptrend, attracting safe-haven demand.