๐ Technical Analysis โ March 21, 2025
The following currency pairs and instruments are listed in order of market liquidity.
๐ Market Overview
๐น Major Currency Pairs
EUR/USD (1.0828)
๐ 5-min: Strong sell
๐ 15-min: Strong sell
๐ 1H: Strong sell
๐ Daily: Strong buy
โ ๏ธ Clear short-term downtrend, but daily chart suggests buying the dips
USD/JPY (149.26)
๐ 5-min: Strong sell
๐ 15-min: Neutral
๐ 1H: Buy
๐ Daily: Sell
โ ๏ธ Short-term decline, but signs of rebound on hourly chart
GBP/USD (1.2936)
๐ 5-min: Strong sell
๐ 15-min: Strong sell
๐ 1H: Strong sell
๐ Daily: Strong buy
โ ๏ธ Short-term selling pressure remains, but longer term uptrend intact
AUD/USD (0.6287)
๐ 5-min: Strong sell
๐ 15-min: Sell
๐ 1H: Strong sell
๐ Daily: Strong sell
โ
All timeframes show bearish trend โ short-selling strategy is valid
USD/CAD (1.4337)
๐ 5-min: Strong buy
๐ 15-min: Strong buy
๐ 1H: Buy
๐ Daily: Neutral
โ
Bullish momentum in the short term, daily chart remains cautious
USD/CHF (0.8821)
๐ 5-min: Strong sell
๐ 15-min: Strong sell
๐ 1H: Sell
๐ Daily: Sell
โ
Selling pressure remains dominant โ shorting preferred
USD/NZD (1.7376)
๐ 5-min: Buy
๐ 15-min: Sell
๐ 1H: Neutral
๐ Daily: Buy
โ ๏ธ Mixed in the short term, but upward trend developing on daily chart
๐ธ Cross JPY Pairs
EUR/JPY (161.61)
๐ 5-min: Strong sell
๐ 15-min: Strong sell
๐ 1H: Neutral
๐ Daily: Strong buy
โ ๏ธ Short-term selling, long-term dip-buying opportunity
GBP/JPY (193.09)
๐ 5-min: Strong sell
๐ 15-min: Strong sell
๐ 1H: Neutral
๐ Daily: Strong buy
โ ๏ธ Selling pressure in the short term, recovery bias in the long run
AUD/JPY (93.84)
๐ 5-min: Strong sell
๐ 15-min: Strong sell
๐ 1H: Strong sell
๐ Daily: Strong sell
โ
Clear downtrend across all timeframes โ short strategy favored
CAD/JPY (104.12)
๐ 5-min: Strong sell
๐ 15-min: Sell
๐ 1H: Buy
๐ Daily: Neutral
โ ๏ธ Continued short-term selling, possible reversal signs forming
CHF/JPY (169.21)
๐ 5-min: Buy
๐ 15-min: Strong buy
๐ 1H: Strong buy
๐ Daily: Buy
โ
Strong bullish trend across all timeframes โ long strategy recommended
๐ธ Other Assets
XAU/USD (Gold) โ 3,031.12
๐ 5-min: Strong sell
๐ 15-min: Strong sell
๐ 1H: Sell
๐ Daily: Strong buy
โ ๏ธ Short-term correction ongoing, long-term bullish outlook remains
NZD/JPY (85.91)
๐ 5-min: Strong sell
๐ 15-min: Sell
๐ 1H: Neutral
๐ Daily: Neutral
โ ๏ธ Bearish bias, though signs of stabilization are emerging
EUR/GBP (0.8371)
๐ 5-min: Sell
๐ 15-min: Sell
๐ 1H: Strong sell
๐ Daily: Neutral
โ ๏ธ Downtrend in short term, waiting for long-term reversal signal
EUR/AUD (1.7224)
๐ 5-min: Buy
๐ 15-min: Buy
๐ 1H: Strong buy
๐ Daily: Strong buy
โ
Bullish across all timeframes โ long positions recommended
NZD/CAD (0.8251)
๐ 5-min: Strong sell
๐ 15-min: Buy
๐ 1H: Sell
๐ Daily: Strong buy
โ ๏ธ Inconclusive direction โ stay on the sidelines for now
BTC/USD (Bitcoin) โ 84,029.0
๐ 5-min: Strong sell
๐ 15-min: Strong sell
๐ 1H: Strong sell
๐ Daily: Strong sell
โ
Clear correction phase โ avoid premature long entries
๐ Trading Strategies
๐ Short-Term (Day Trade / Scalping)
- Buy: USD/CAD, EUR/AUD, CHF/JPY
- Sell: AUD/USD, AUD/JPY, BTC/USD
๐ Medium-Term (Swing Trade)
- Buy: EUR/AUD, XAU/USD, USD/NZD
- Sell: NZD/JPY, EUR/GBP, AUD/JPY
๐ Long-Term Outlook
- Gold (XAU/USD): Continue dip-buying strategy
- Bitcoin (BTC/USD): Still in correction โ wait for bottom confirmation
- EUR/AUD, CHF/JPY, USD/CAD: Maintain long bias
โ Summary
- ๐ JPY and EUR weakness has paused, with corrective moves now in play
- ๐ฐ Gold remains bullish in the medium-to-long term, look for dip entries
- โฟ Bitcoin is still correcting โ better to wait for a clear support level
- โฑ Many pairs show diverging trends across timeframes โ time-based strategy is key
