π Technical Analysis – February 20, 2025
π Market Strength and Weakness Analysis (Ranked by Trading Volume)
π Strength and Weakness Overview
Major Currency Pairs
EUR/USD
- π 5-Minute Chart: Strong Sell
- π 15-Minute Chart: Strong Sell
- π 1-Hour Chart: Buy
- π Daily Chart: Strong Buy
USD/JPY
- π 5-Minute Chart: Sell
- π 15-Minute Chart: Strong Sell
- π 1-Hour Chart: Strong Sell
- π Daily Chart: Strong Sell
GBP/USD
- π 5-Minute Chart: Sell
- π 15-Minute Chart: Sell
- π 1-Hour Chart: Strong Buy
- π Daily Chart: Strong Buy
AUD/USD
- π 5-Minute Chart: Strong Sell
- π 15-Minute Chart: Neutral
- π 1-Hour Chart: Strong Buy
- π Daily Chart: Strong Buy
USD/CAD
- π 5-Minute Chart: Strong Buy
- π 15-Minute Chart: Buy
- π 1-Hour Chart: Buy
- π Daily Chart: Strong Sell
USD/CHF
- π 5-Minute Chart: Buy
- π 15-Minute Chart: Neutral
- π 1-Hour Chart: Strong Sell
- π Daily Chart: Sell
USD/NZD
- π 5-Minute Chart: Strong Sell
- π 15-Minute Chart: Strong Sell
- π 1-Hour Chart: Sell
- π Daily Chart: Strong Sell
Cross Yen Pairs
EUR/JPY
- π 5-Minute Chart: Strong Sell
- π 15-Minute Chart: Strong Sell
- π 1-Hour Chart: Strong Sell
- π Daily Chart: Strong Sell
GBP/JPY
- π 5-Minute Chart: Strong Sell
- π 15-Minute Chart: Strong Sell
- π 1-Hour Chart: Strong Sell
- π Daily Chart: Strong Sell
AUD/JPY
- π 5-Minute Chart: Strong Sell
- π 15-Minute Chart: Strong Sell
- π 1-Hour Chart: Strong Sell
- π Daily Chart: Strong Sell
CAD/JPY
- π 5-Minute Chart: Sell
- π 15-Minute Chart: Strong Sell
- π 1-Hour Chart: Strong Sell
- π Daily Chart: Strong Sell
CHF/JPY
- π 5-Minute Chart: Sell
- π 15-Minute Chart: Strong Sell
- π 1-Hour Chart: Strong Sell
- π Daily Chart: Strong Sell
Other Assets
XAU/USD (Gold)
- π 5-Minute Chart: Strong Sell
- π 15-Minute Chart: Sell
- π 1-Hour Chart: Buy
- π Daily Chart: Strong Buy
NZD/JPY
- π 5-Minute Chart: Strong Sell
- π 15-Minute Chart: Strong Sell
- π 1-Hour Chart: Strong Sell
- π Daily Chart: Strong Sell
EUR/GBP
- π 5-Minute Chart: Strong Sell
- π 15-Minute Chart: Sell
- π 1-Hour Chart: Sell
- π Daily Chart: Strong Sell
EUR/AUD
- π 5-Minute Chart: Strong Sell
- π 15-Minute Chart: Sell
- π 1-Hour Chart: Strong Sell
- π Daily Chart: Strong Sell
NZD/CAD
- π 5-Minute Chart: Neutral
- π 15-Minute Chart: Neutral
- π 1-Hour Chart: Strong Buy
- π Daily Chart: Buy
BTC/USD (Bitcoin)
- π 5-Minute Chart: Strong Buy
- π 15-Minute Chart: Strong Buy
- π 1-Hour Chart: Strong Buy
- π Daily Chart: Buy
π Key Observations and Analysis
Short-Term Charts (5-Minute, 15-Minute)
- USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY: Strong sell signals.
β Yen buying pressure is intensifying. - EUR/USD, GBP/USD, AUD/USD: Selling pressure is dominant.
β Euro and Aussie remain weak. - Gold (XAU/USD): Short-term selling pressure, but strong buy on the daily chart.
β Safe-haven demand may still be present.
1-Hour Chart
- BTC/USD, USD/CAD, GBP/USD, AUD/USD: Buy signals persist.
β Bitcoin and USD pairs remain strong. - USD/JPY, EUR/JPY, GBP/JPY: Sell signals continue.
β The yen’s strength is remarkable. - Gold (XAU/USD): Neutral zone.
β Potential bottoming out, watch for the next move.
Daily Chart
- BTC/USD, GBP/USD, AUD/USD, XAU/USD: Strong buy signals remain.
β Both risk assets and safe havens are attracting capital. - EUR/USD, USD/NZD, Cross-Yen Pairs (EUR/JPY, GBP/JPY, AUD/JPY): Sell signals dominate.
β The dollar and yen strength is becoming more apparent.
π Overall Market Outlook
π Bullish Assets
- BTC/USD, GBP/USD, AUD/USD, XAU/USD
β Bitcoin, Pound, Aussie, and Gold are showing strong buying signals. - NZD/CAD also shows a buy signal on the daily chart.
π Bearish Assets
- USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY
β Yen strength continues, with broad-based selling pressure on cross-yen pairs. - EUR/USD, USD/NZD, EUR/GBP, EUR/AUD also show strong sell signals.
π― Trading Strategies
π Short-Term Trades:
- Sell USD/JPY and Cross-Yen Pairs (EUR/JPY, GBP/JPY, AUD/JPY) β Capitalize on yen strength.
- Sell on rallies in EUR/USD and GBP/USD β Align with dollar buying momentum.
- Buy BTC/USD short-term β Uptrend is strong, but ensure tight stop-loss.
π Medium-Term Trades:
- Buy Gold (XAU/USD) on dips β The demand for safe-haven assets may continue.
- Long NZD/CAD β The strong buy signal is worth attention.
π Long-Term Trades:
- Hold Bitcoin (BTC/USD) β Expect continued upside, but maintain strong risk management.
β Conclusion
- Bitcoin (BTC/USD) is bullish across all timeframes.
- Cross-Yen Pairs are under significant selling pressure.
- Euro (EUR/USD, EUR/JPY, EUR/GBP) remains vulnerable.
- Gold (XAU/USD) is bullish long-term, but short-term caution is advised.