πŸ“Š Technical Analysis – March 6, 2025

πŸ“Š Technical Analysis – March 6, 2025

πŸ“Œ Latest FX, Crypto, and Gold Market Strength Analysis


πŸ“Œ Market Trends

Major Currency Pairs

EUR/USD (1.0796)
πŸ“‰ 5-min: Sell
πŸ“‰ 15-min: Sell
πŸ“ˆ 1-hour: Buy
πŸ“ˆ Daily: Strong Buy
βœ… Short-term correction, but medium to long-term trend remains bullish (EUR buying, USD selling).

USD/JPY (147.98)
πŸ”„ 5-min: Neutral
πŸ“‰ 15-min: Sell
πŸ“‰ 1-hour: Strong Sell
πŸ“‰ Daily: Strong Sell
⚠ JPY strength continues, leading to a bearish trend for USD/JPY.

GBP/USD (1.2876)
πŸ“‰ 5-min: Sell
πŸ“‰ 15-min: Sell
πŸ”„ 1-hour: Neutral
πŸ“ˆ Daily: Strong Buy
⚠ Short-term pullback, but long-term trend favors GBP buying (USD selling).

AUD/USD (0.6332)
πŸ“‰ 5-min: Sell
πŸ”„ 15-min: Neutral
πŸ“ˆ 1-hour: Buy
πŸ“ˆ Daily: Buy
βœ… Medium-term AUD buying trend continues.

USD/CAD (1.4351)
πŸ“ˆ 5-min: Buy
πŸ“ˆ 15-min: Buy
πŸ“‰ 1-hour: Sell
πŸ“ˆ Daily: Buy
⚠ Short-term uptrend, but medium-term correction. Long-term trend remains bullish (USD buying, CAD selling).

USD/CHF (0.8876)
πŸ”„ 5-min: Neutral
πŸ“‰ 15-min: Sell
πŸ“‰ 1-hour: Strong Sell
πŸ“‰ Daily: Strong Sell
⚠ USD selling and CHF buying continue.

USD/NZD (1.7435)
πŸ“ˆ 5-min: Strong Buy
πŸ“ˆ 15-min: Buy
πŸ“‰ 1-hour: Sell
πŸ“‰ Daily: Sell
⚠ Short-term bullish, but medium to long-term bearish (NZD strength).


Cross JPY Pairs

EUR/JPY (159.76)
πŸ“‰ 5-min: Sell
πŸ“‰ 15-min: Sell
πŸ”„ 1-hour: Neutral
πŸ“ˆ Daily: Buy
⚠ Short-term correction, but JPY selling remains dominant on the daily timeframe.

GBP/JPY (190.56)
πŸ“‰ 5-min: Sell
πŸ“‰ 15-min: Sell
πŸ“‰ 1-hour: Strong Sell
πŸ“‰ Daily: Sell
⚠ JPY strength increasing in the short to medium term.

AUD/JPY (93.70)
πŸ”„ 5-min: Neutral
πŸ“‰ 15-min: Sell
πŸ“‰ 1-hour: Strong Sell
πŸ“‰ Daily: Strong Sell
⚠ JPY buying pressure (possible risk-off sentiment).

CAD/JPY (103.13)
πŸ”„ 5-min: Neutral
πŸ“‰ 15-min: Sell
πŸ“‰ 1-hour: Strong Sell
πŸ“‰ Daily: Strong Sell
⚠ JPY strength continues (CAD selling).

CHF/JPY (166.73)
πŸ“‰ 5-min: Sell
πŸ“‰ 15-min: Strong Sell
πŸ“‰ 1-hour: Strong Sell
πŸ“‰ Daily: Strong Sell
⚠ JPY strength and CHF weakness accelerating.


Other Assets

XAU/USD (Gold) (2,903.14)
πŸ”„ 5-min: Neutral
πŸ“‰ 15-min: Sell
πŸ“‰ 1-hour: Strong Sell
πŸ“ˆ Daily: Buy
⚠ Short-term correction, but long-term trend remains bullish (buying opportunities on dips).

NZD/JPY (84.88)
πŸ”„ 5-min: Neutral
πŸ“‰ 15-min: Sell
πŸ“‰ 1-hour: Sell
πŸ“‰ Daily: Sell
⚠ NZD selling and JPY buying continue (possible risk-off move).

EUR/GBP (0.8384)
πŸ“ˆ 5-min: Strong Buy
πŸ“ˆ 15-min: Strong Buy
πŸ“ˆ 1-hour: Strong Buy
πŸ“ˆ Daily: Strong Buy
βœ… EUR/GBP continues its uptrend (EUR buying, GBP selling).

EUR/AUD (1.7050)
πŸ“‰ 5-min: Sell
πŸ”„ 15-min: Neutral
πŸ“ˆ 1-hour: Buy
πŸ“ˆ Daily: Strong Buy
βœ… EUR buying and AUD selling trend continues.

NZD/CAD (0.8230)
πŸ“ˆ 5-min: Strong Buy
πŸ“ˆ 15-min: Strong Buy
πŸ“ˆ 1-hour: Strong Buy
πŸ“ˆ Daily: Strong Buy
βœ… NZD/CAD remains in a strong uptrend (NZD strength).

BTC/USD (Bitcoin) (91,520.0)
πŸ“ˆ 5-min: Strong Buy
πŸ“ˆ 15-min: Strong Buy
πŸ“ˆ 1-hour: Strong Buy
πŸ”„ Daily: Neutral
⚠ Short-term uptrend, but long-term direction is unclear (possible range-bound market).


πŸš€ Trading Strategy

πŸ“Œ Short-Term Trades:

  • Long: EUR/USD, GBP/USD, EUR/JPY, GBP/JPY, XAU/USD (buying on dips).
  • Short: USD/CHF, USD/JPY, AUD/JPY.

πŸ“Œ Medium-Term Trades:

  • Long: EUR/AUD, EUR/GBP, NZD/CAD.
  • Short: USD/CAD, USD/CHF.

πŸ“Œ Long-Term Strategy:

  • Gold (XAU/USD) remains a buy on dips.
  • Bitcoin (BTC/USD) is strong short-term but neutral long-term.
  • Continue selling USD/JPY and USD/CHF.

βœ… Conclusion:

  • EUR and GBP remain strong buy candidates.
  • USD and JPY are weak, particularly USD/JPY.
  • Crypto (BTC/USD) is bullish short-term but neutral in the long term.

Use this analysis to refine your trading strategy! πŸš€πŸ“Š

More Insights