π Technical Analysis β March 17, 2025
β» The following currency pairs and commodities are listed in order of trading volume (liquidity).
π Latest Market Trends
Major Currency Pairs
EUR/USD (1.0903)
π 5-Min Chart: Strong Buy
π 15-Min Chart: Strong Buy
π 1-Hour Chart: Strong Buy
π Daily Chart: Strong Buy
β
Euro buying continues, with long positions dominant in both short and medium-to-long terms.
USD/JPY (148.57)
π 5-Min Chart: Strong Sell
π 15-Min Chart: Strong Sell
π 1-Hour Chart: Neutral
π Daily Chart: Sell
β Short-term selling pressure is dominant, but watch for trend shifts.
GBP/USD (1.2960)
π 5-Min Chart: Strong Buy
π 15-Min Chart: Strong Buy
π 1-Hour Chart: Strong Buy
π Daily Chart: Strong Buy
β
Pound buying is strong across all time frames, making long positions effective.
AUD/USD (0.6350)
π 5-Min Chart: Strong Buy
π 15-Min Chart: Strong Buy
π 1-Hour Chart: Strong Buy
π Daily Chart: Buy
β
Australian dollar buying dominates, supporting long positions.
USD/CAD (1.4355)
π 5-Min Chart: Strong Sell
π 15-Min Chart: Strong Sell
π 1-Hour Chart: Strong Sell
π Daily Chart: Buy
β Short-term selling persists, but a long-term uptrend may be forming.
USD/CHF (0.8823)
π 5-Min Chart: Strong Sell
π 15-Min Chart: Strong Sell
π 1-Hour Chart: Strong Sell
π Daily Chart: Strong Sell
β Strong selling pressure across all time frames, short positions remain valid.
USD/NZD (1.7287)
π 5-Min Chart: Strong Sell
π 15-Min Chart: Strong Sell
π 1-Hour Chart: Strong Sell
π Daily Chart: Strong Sell
β NZD buying is strong, making USD/NZD a recommended sell.
Cross-Yen Pairs
EUR/JPY (161.98)
π 5-Min Chart: Sell
π 15-Min Chart: Neutral
π 1-Hour Chart: Buy
π Daily Chart: Strong Buy
β
Long-term EUR/JPY long positions remain valid.
GBP/JPY (192.55)
π 5-Min Chart: Strong Buy
π 15-Min Chart: Buy
π 1-Hour Chart: Buy
π Daily Chart: Buy
β
Pound-Yen buying remains dominant.
AUD/JPY (94.34)
π 5-Min Chart: Strong Buy
π 15-Min Chart: Strong Buy
π 1-Hour Chart: Strong Buy
π Daily Chart: Neutral
β Short-term longs are valid, but long-term direction is uncertain.
CAD/JPY (103.50)
π 5-Min Chart: Strong Sell
π 15-Min Chart: Sell
π 1-Hour Chart: Buy
π Daily Chart: Sell
β Short-term downward pressure is strong; be cautious with long positions.
CHF/JPY (168.40)
π 5-Min Chart: Strong Buy
π 15-Min Chart: Buy
π 1-Hour Chart: Buy
π Daily Chart: Neutral
β
Swiss franc-yen remains in a short-term uptrend.
Other Assets
XAU/USD (Gold) (2,996.72)
π 5-Min Chart: Strong Buy
π 15-Min Chart: Strong Buy
π 1-Hour Chart: Strong Buy
π Daily Chart: Strong Buy
β
Gold remains in a strong bullish trend, making long positions favorable.
NZD/JPY (85.93)
π 5-Min Chart: Strong Buy
π 15-Min Chart: Strong Buy
π 1-Hour Chart: Strong Buy
π Daily Chart: Neutral
β
Short-term uptrend continues.
EUR/GBP (0.8413)
π 5-Min Chart: Buy
π 15-Min Chart: Buy
π 1-Hour Chart: Buy
π Daily Chart: Strong Buy
β
Euro buying and pound selling persist.
EUR/AUD (1.7170)
π 5-Min Chart: Strong Sell
π 15-Min Chart: Strong Sell
π 1-Hour Chart: Strong Sell
π Daily Chart: Buy
β Short-term is bearish, but long-term shows signs of a potential uptrend.
NZD/CAD (0.8302)
π 5-Min Chart: Strong Buy
π 15-Min Chart: Strong Buy
π 1-Hour Chart: Strong Buy
π Daily Chart: Strong Buy
β
NZD buying and CAD selling persist.
BTC/USD (Bitcoin) (83,639.0)
π 5-Min Chart: Strong Sell
π 15-Min Chart: Sell
π 1-Hour Chart: Sell
π Daily Chart: Sell
β Bitcoin remains in a downtrend; caution advised for long positions.
π Trading Strategy
π Short-term Focus:
- Long: EUR/USD, GBP/USD, AUD/USD, XAU/USD (Bullish Outlook)
- Short: USD/CHF, USD/NZD, BTC/USD (Bearish Outlook)
π Medium-term Focus:
- Long: EUR/JPY, GBP/JPY, XAU/USD
- Short: USD/CAD, AUD/JPY
π Long-term Strategy:
- Gold (XAU/USD): Long positions remain favorable.
- Bitcoin (BTC/USD): Downtrend persists; approach long trades cautiously.
- EUR/JPY, GBP/JPY: Buy positions remain effective.
β Conclusion:
- Yen weakness and euro strength dominate the market.
- Gold continues to rise, favoring long positions.
- Bitcoin faces strong selling pressure in both short and long terms.
- USD/JPY is under strong selling pressure, indicating potential yen buying.
Use this analysis to fine-tune your trading strategy! ππ₯