π Technical Analysis β March 21, 2025
The following currency pairs and instruments are listed in order of market liquidity.
π Market Overview
πΉ Major Currency Pairs
EUR/USD (1.0828)
π 5-min: Strong sell
π 15-min: Strong sell
π 1H: Strong sell
π Daily: Strong buy
β οΈ Clear short-term downtrend, but daily chart suggests buying the dips
USD/JPY (149.26)
π 5-min: Strong sell
π 15-min: Neutral
π 1H: Buy
π Daily: Sell
β οΈ Short-term decline, but signs of rebound on hourly chart
GBP/USD (1.2936)
π 5-min: Strong sell
π 15-min: Strong sell
π 1H: Strong sell
π Daily: Strong buy
β οΈ Short-term selling pressure remains, but longer term uptrend intact
AUD/USD (0.6287)
π 5-min: Strong sell
π 15-min: Sell
π 1H: Strong sell
π Daily: Strong sell
β
All timeframes show bearish trend β short-selling strategy is valid
USD/CAD (1.4337)
π 5-min: Strong buy
π 15-min: Strong buy
π 1H: Buy
π Daily: Neutral
β
Bullish momentum in the short term, daily chart remains cautious
USD/CHF (0.8821)
π 5-min: Strong sell
π 15-min: Strong sell
π 1H: Sell
π Daily: Sell
β
Selling pressure remains dominant β shorting preferred
USD/NZD (1.7376)
π 5-min: Buy
π 15-min: Sell
π 1H: Neutral
π Daily: Buy
β οΈ Mixed in the short term, but upward trend developing on daily chart
πΈ Cross JPY Pairs
EUR/JPY (161.61)
π 5-min: Strong sell
π 15-min: Strong sell
π 1H: Neutral
π Daily: Strong buy
β οΈ Short-term selling, long-term dip-buying opportunity
GBP/JPY (193.09)
π 5-min: Strong sell
π 15-min: Strong sell
π 1H: Neutral
π Daily: Strong buy
β οΈ Selling pressure in the short term, recovery bias in the long run
AUD/JPY (93.84)
π 5-min: Strong sell
π 15-min: Strong sell
π 1H: Strong sell
π Daily: Strong sell
β
Clear downtrend across all timeframes β short strategy favored
CAD/JPY (104.12)
π 5-min: Strong sell
π 15-min: Sell
π 1H: Buy
π Daily: Neutral
β οΈ Continued short-term selling, possible reversal signs forming
CHF/JPY (169.21)
π 5-min: Buy
π 15-min: Strong buy
π 1H: Strong buy
π Daily: Buy
β
Strong bullish trend across all timeframes β long strategy recommended
πΈ Other Assets
XAU/USD (Gold) β 3,031.12
π 5-min: Strong sell
π 15-min: Strong sell
π 1H: Sell
π Daily: Strong buy
β οΈ Short-term correction ongoing, long-term bullish outlook remains
NZD/JPY (85.91)
π 5-min: Strong sell
π 15-min: Sell
π 1H: Neutral
π Daily: Neutral
β οΈ Bearish bias, though signs of stabilization are emerging
EUR/GBP (0.8371)
π 5-min: Sell
π 15-min: Sell
π 1H: Strong sell
π Daily: Neutral
β οΈ Downtrend in short term, waiting for long-term reversal signal
EUR/AUD (1.7224)
π 5-min: Buy
π 15-min: Buy
π 1H: Strong buy
π Daily: Strong buy
β
Bullish across all timeframes β long positions recommended
NZD/CAD (0.8251)
π 5-min: Strong sell
π 15-min: Buy
π 1H: Sell
π Daily: Strong buy
β οΈ Inconclusive direction β stay on the sidelines for now
BTC/USD (Bitcoin) β 84,029.0
π 5-min: Strong sell
π 15-min: Strong sell
π 1H: Strong sell
π Daily: Strong sell
β
Clear correction phase β avoid premature long entries
π Trading Strategies
π Short-Term (Day Trade / Scalping)
- Buy: USD/CAD, EUR/AUD, CHF/JPY
- Sell: AUD/USD, AUD/JPY, BTC/USD
π Medium-Term (Swing Trade)
- Buy: EUR/AUD, XAU/USD, USD/NZD
- Sell: NZD/JPY, EUR/GBP, AUD/JPY
π Long-Term Outlook
- Gold (XAU/USD): Continue dip-buying strategy
- Bitcoin (BTC/USD): Still in correction β wait for bottom confirmation
- EUR/AUD, CHF/JPY, USD/CAD: Maintain long bias
β Summary
- π JPY and EUR weakness has paused, with corrective moves now in play
- π° Gold remains bullish in the medium-to-long term, look for dip entries
- βΏ Bitcoin is still correcting β better to wait for a clear support level
- β± Many pairs show diverging trends across timeframes β time-based strategy is key