π Technical Analysis β March 6, 2025
π Latest FX, Crypto, and Gold Market Strength Analysis
π Market Trends
Major Currency Pairs
EUR/USD (1.0796)
π 5-min: Sell
π 15-min: Sell
π 1-hour: Buy
π Daily: Strong Buy
β
Short-term correction, but medium to long-term trend remains bullish (EUR buying, USD selling).
USD/JPY (147.98)
π 5-min: Neutral
π 15-min: Sell
π 1-hour: Strong Sell
π Daily: Strong Sell
β JPY strength continues, leading to a bearish trend for USD/JPY.
GBP/USD (1.2876)
π 5-min: Sell
π 15-min: Sell
π 1-hour: Neutral
π Daily: Strong Buy
β Short-term pullback, but long-term trend favors GBP buying (USD selling).
AUD/USD (0.6332)
π 5-min: Sell
π 15-min: Neutral
π 1-hour: Buy
π Daily: Buy
β
Medium-term AUD buying trend continues.
USD/CAD (1.4351)
π 5-min: Buy
π 15-min: Buy
π 1-hour: Sell
π Daily: Buy
β Short-term uptrend, but medium-term correction. Long-term trend remains bullish (USD buying, CAD selling).
USD/CHF (0.8876)
π 5-min: Neutral
π 15-min: Sell
π 1-hour: Strong Sell
π Daily: Strong Sell
β USD selling and CHF buying continue.
USD/NZD (1.7435)
π 5-min: Strong Buy
π 15-min: Buy
π 1-hour: Sell
π Daily: Sell
β Short-term bullish, but medium to long-term bearish (NZD strength).
Cross JPY Pairs
EUR/JPY (159.76)
π 5-min: Sell
π 15-min: Sell
π 1-hour: Neutral
π Daily: Buy
β Short-term correction, but JPY selling remains dominant on the daily timeframe.
GBP/JPY (190.56)
π 5-min: Sell
π 15-min: Sell
π 1-hour: Strong Sell
π Daily: Sell
β JPY strength increasing in the short to medium term.
AUD/JPY (93.70)
π 5-min: Neutral
π 15-min: Sell
π 1-hour: Strong Sell
π Daily: Strong Sell
β JPY buying pressure (possible risk-off sentiment).
CAD/JPY (103.13)
π 5-min: Neutral
π 15-min: Sell
π 1-hour: Strong Sell
π Daily: Strong Sell
β JPY strength continues (CAD selling).
CHF/JPY (166.73)
π 5-min: Sell
π 15-min: Strong Sell
π 1-hour: Strong Sell
π Daily: Strong Sell
β JPY strength and CHF weakness accelerating.
Other Assets
XAU/USD (Gold) (2,903.14)
π 5-min: Neutral
π 15-min: Sell
π 1-hour: Strong Sell
π Daily: Buy
β Short-term correction, but long-term trend remains bullish (buying opportunities on dips).
NZD/JPY (84.88)
π 5-min: Neutral
π 15-min: Sell
π 1-hour: Sell
π Daily: Sell
β NZD selling and JPY buying continue (possible risk-off move).
EUR/GBP (0.8384)
π 5-min: Strong Buy
π 15-min: Strong Buy
π 1-hour: Strong Buy
π Daily: Strong Buy
β
EUR/GBP continues its uptrend (EUR buying, GBP selling).
EUR/AUD (1.7050)
π 5-min: Sell
π 15-min: Neutral
π 1-hour: Buy
π Daily: Strong Buy
β
EUR buying and AUD selling trend continues.
NZD/CAD (0.8230)
π 5-min: Strong Buy
π 15-min: Strong Buy
π 1-hour: Strong Buy
π Daily: Strong Buy
β
NZD/CAD remains in a strong uptrend (NZD strength).
BTC/USD (Bitcoin) (91,520.0)
π 5-min: Strong Buy
π 15-min: Strong Buy
π 1-hour: Strong Buy
π Daily: Neutral
β Short-term uptrend, but long-term direction is unclear (possible range-bound market).
π Trading Strategy
π Short-Term Trades:
- Long: EUR/USD, GBP/USD, EUR/JPY, GBP/JPY, XAU/USD (buying on dips).
- Short: USD/CHF, USD/JPY, AUD/JPY.
π Medium-Term Trades:
- Long: EUR/AUD, EUR/GBP, NZD/CAD.
- Short: USD/CAD, USD/CHF.
π 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.
β 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! ππ