π Technical Analysis β April 2, 2025 (Wednesday)
Pairs and assets listed by trading volume (liquidity)
π Latest Market Trends
π¦ Major Currency Pairs
EUR/USD (1.0795)
- π 5-min: Strong Sell
- π 15-min: Neutral
- π 1-hour: Strong Sell
- π Daily: Neutral
β οΈ Bearish in short to medium term, some support on daily chart
USD/JPY (149.43)
- π 5-min to 1-hour: Strong Sell
- π Daily: Neutral
β οΈ Short-term selling pressure dominates, sideways on daily chart
GBP/USD (1.2938)
- π All timeframes: Strong Buy
β Clear uptrend, bullish momentum continues
AUD/USD (0.6303)
- π 5-min: Strong Sell
- π 15-min: Neutral
- π 1-hour: Strong Buy
- π Daily: Neutral
β οΈ Trend divergence across timeframes, caution advised
USD/CAD (1.4322)
- π 5-min to 1-hour: Strong Buy
- π Daily: Neutral
β Uptrend in short term, watch for daily resistance
USD/CHF (0.8843)
- π 5-min: Strong Buy
- π 15-min: Buy
- π 1-hour: Strong Buy
- π Daily: Neutral
β Strong short-term bullish trend, cautious on daily
USD/NZD (1.7423)
- π 5-min: Neutral
- π 15-min to Daily: Strong Sell to Sell
β Clear downtrend, selling on rallies favored
π± Cross JPY Pairs
EUR/JPY (161.31)
- π All timeframes: Strong Sell
β Consistent downtrend, sell on rallies strategy preferred
GBP/JPY (193.32)
- π 5-min to 1-hour: Sell / Strong Sell
- π Daily: Buy
β οΈ Short-term weakness, some long-term support seen
AUD/JPY (94.19)
- π 5-min to 15-min: Strong Sell
- π 1-hour to Daily: Neutral
β οΈ Selling limited to short term, best to wait and observe
CAD/JPY (104.34)
- π 5-min to 1-hour: Strong Sell
- π Daily: Strong Sell
β Ongoing downtrend, shorting opportunities on retracements
CHF/JPY (168.98)
- π 5-min to 1-hour: Strong Sell
- π Daily: Sell
β Overall bearish structure, continued downside risk
NZD/JPY (85.76)
- π 5-min: Strong Sell
- π 15-min: Neutral
- π 1-hour: Strong Buy
- π Daily: Neutral
β οΈ Short-term selling reversed by hourly rebound, watch closely
π Other Assets
XAU/USD (Gold) 3,115.95
- π 5-min to 1-hour: Strong Sell to Sell
- π Daily: Strong Buy
β οΈ Short-term pullback, long-term trend remains bullish
EUR/GBP (0.8345)
- π All timeframes: Strong Sell
β Clear downtrend, short positioning remains favorable
EUR/AUD (1.7127)
- π 5-min: Strong Buy
- π 15-min: Neutral
- π 1-hour: Strong Sell
- π Daily: Neutral
β οΈ Short-term buying, medium-term still cautious
NZD/CAD (0.8219)
- π 5-min: Neutral
- π 15-min to 1-hour: Strong Buy
- π Daily: Neutral
β οΈ Bullish mid-term, longer-term direction still uncertain
BTC/USD (84,948.0)
- π 5-min: Neutral
- π 15-min to 1-hour: Strong Buy
- π Daily: Neutral
β οΈ Short-term bullish momentum, long-term stability questionable
π Trade Strategy Summary
π Short-Term Trends
- β Long: GBP/USD, USD/CAD, USD/CHF, BTC/USD
- β Short: EUR/JPY, EUR/GBP, CAD/JPY
π Mid-Term Focus
- β Long: NZD/CAD, GBP/USD
- β Short: AUD/JPY, EUR/JPY, USD/NZD
π Long-Term Strategy
- Gold remains in an uptrend β buy on dips
- Bitcoin showing short-term gains, but long-term outlook is cautious
- Cross-yen pairs generally weak β sell on rebounds preferred
β Summary
- GBP shows strong momentum across the board
- AUD and NZD lack clear direction but remain under pressure
- Gold remains in an uptrend despite short-term pullback
- Bitcoin strong short-term, but caution warranted on higher timeframes