πŸ“Š Technical Analysis – March 17, 2025

πŸ“Š Technical Analysis – March 17, 2025

β€» The following currency pairs and commodities are listed in order of trading volume (liquidity).


πŸ“Œ Latest Market Trends

Major Currency Pairs

EUR/USD (1.0903)

πŸ“ˆ 5-Min Chart: Strong Buy
πŸ“ˆ 15-Min Chart: Strong Buy
πŸ“ˆ 1-Hour Chart: Strong Buy
πŸ“ˆ Daily Chart: Strong Buy
βœ… Euro buying continues, with long positions dominant in both short and medium-to-long terms.

USD/JPY (148.57)

πŸ“‰ 5-Min Chart: Strong Sell
πŸ“‰ 15-Min Chart: Strong Sell
πŸ“Š 1-Hour Chart: Neutral
πŸ“‰ Daily Chart: Sell
⚠ Short-term selling pressure is dominant, but watch for trend shifts.

GBP/USD (1.2960)

πŸ“ˆ 5-Min Chart: Strong Buy
πŸ“ˆ 15-Min Chart: Strong Buy
πŸ“ˆ 1-Hour Chart: Strong Buy
πŸ“ˆ Daily Chart: Strong Buy
βœ… Pound buying is strong across all time frames, making long positions effective.

AUD/USD (0.6350)

πŸ“ˆ 5-Min Chart: Strong Buy
πŸ“ˆ 15-Min Chart: Strong Buy
πŸ“ˆ 1-Hour Chart: Strong Buy
πŸ“ˆ Daily Chart: Buy
βœ… Australian dollar buying dominates, supporting long positions.

USD/CAD (1.4355)

πŸ“‰ 5-Min Chart: Strong Sell
πŸ“‰ 15-Min Chart: Strong Sell
πŸ“‰ 1-Hour Chart: Strong Sell
πŸ“ˆ Daily Chart: Buy
⚠ Short-term selling persists, but a long-term uptrend may be forming.

USD/CHF (0.8823)

πŸ“‰ 5-Min Chart: Strong Sell
πŸ“‰ 15-Min Chart: Strong Sell
πŸ“‰ 1-Hour Chart: Strong Sell
πŸ“‰ Daily Chart: Strong Sell
❌ Strong selling pressure across all time frames, short positions remain valid.

USD/NZD (1.7287)

πŸ“‰ 5-Min Chart: Strong Sell
πŸ“‰ 15-Min Chart: Strong Sell
πŸ“‰ 1-Hour Chart: Strong Sell
πŸ“‰ Daily Chart: Strong Sell
❌ NZD buying is strong, making USD/NZD a recommended sell.


Cross-Yen Pairs

EUR/JPY (161.98)

πŸ“‰ 5-Min Chart: Sell
πŸ“Š 15-Min Chart: Neutral
πŸ“ˆ 1-Hour Chart: Buy
πŸ“ˆ Daily Chart: Strong Buy
βœ… Long-term EUR/JPY long positions remain valid.

GBP/JPY (192.55)

πŸ“ˆ 5-Min Chart: Strong Buy
πŸ“ˆ 15-Min Chart: Buy
πŸ“ˆ 1-Hour Chart: Buy
πŸ“ˆ Daily Chart: Buy
βœ… Pound-Yen buying remains dominant.

AUD/JPY (94.34)

πŸ“ˆ 5-Min Chart: Strong Buy
πŸ“ˆ 15-Min Chart: Strong Buy
πŸ“ˆ 1-Hour Chart: Strong Buy
πŸ“Š Daily Chart: Neutral
⚠ Short-term longs are valid, but long-term direction is uncertain.

CAD/JPY (103.50)

πŸ“‰ 5-Min Chart: Strong Sell
πŸ“‰ 15-Min Chart: Sell
πŸ“ˆ 1-Hour Chart: Buy
πŸ“‰ Daily Chart: Sell
⚠ Short-term downward pressure is strong; be cautious with long positions.

CHF/JPY (168.40)

πŸ“ˆ 5-Min Chart: Strong Buy
πŸ“ˆ 15-Min Chart: Buy
πŸ“ˆ 1-Hour Chart: Buy
πŸ“Š Daily Chart: Neutral
βœ… Swiss franc-yen remains in a short-term uptrend.


Other Assets

XAU/USD (Gold) (2,996.72)

πŸ“ˆ 5-Min Chart: Strong Buy
πŸ“ˆ 15-Min Chart: Strong Buy
πŸ“ˆ 1-Hour Chart: Strong Buy
πŸ“ˆ Daily Chart: Strong Buy
βœ… Gold remains in a strong bullish trend, making long positions favorable.

NZD/JPY (85.93)

πŸ“ˆ 5-Min Chart: Strong Buy
πŸ“ˆ 15-Min Chart: Strong Buy
πŸ“ˆ 1-Hour Chart: Strong Buy
πŸ“Š Daily Chart: Neutral
βœ… Short-term uptrend continues.

EUR/GBP (0.8413)

πŸ“ˆ 5-Min Chart: Buy
πŸ“ˆ 15-Min Chart: Buy
πŸ“ˆ 1-Hour Chart: Buy
πŸ“ˆ Daily Chart: Strong Buy
βœ… Euro buying and pound selling persist.

EUR/AUD (1.7170)

πŸ“‰ 5-Min Chart: Strong Sell
πŸ“‰ 15-Min Chart: Strong Sell
πŸ“‰ 1-Hour Chart: Strong Sell
πŸ“ˆ Daily Chart: Buy
⚠ Short-term is bearish, but long-term shows signs of a potential uptrend.

NZD/CAD (0.8302)

πŸ“ˆ 5-Min Chart: Strong Buy
πŸ“ˆ 15-Min Chart: Strong Buy
πŸ“ˆ 1-Hour Chart: Strong Buy
πŸ“ˆ Daily Chart: Strong Buy
βœ… NZD buying and CAD selling persist.

BTC/USD (Bitcoin) (83,639.0)

πŸ“‰ 5-Min Chart: Strong Sell
πŸ“‰ 15-Min Chart: Sell
πŸ“‰ 1-Hour Chart: Sell
πŸ“‰ Daily Chart: Sell
⚠ Bitcoin remains in a downtrend; caution advised for long positions.


πŸš€ Trading Strategy

πŸ“Œ Short-term Focus:

  • Long: EUR/USD, GBP/USD, AUD/USD, XAU/USD (Bullish Outlook)
  • Short: USD/CHF, USD/NZD, BTC/USD (Bearish Outlook)

πŸ“Œ Medium-term Focus:

  • Long: EUR/JPY, GBP/JPY, XAU/USD
  • Short: USD/CAD, AUD/JPY

πŸ“Œ 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.

βœ… 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! πŸ“ŠπŸ”₯

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