π Technical Analysis – Thursday, April 3, 2025
Currency pairs and assets are listed in order of liquidity.
π Latest Market Trends
π¦ Major Currency Pairs
EUR/USD (1.1065)
π 5-min: Neutral
π 15-min to Daily: Strong Buy
β
Clear uptrend; continued long positions favored
USD/JPY (146.60)
π 5-min: Buy
π 15-min to Daily: Strong Sell
β οΈ Short-term buying, but overall bearish pressure remains
GBP/USD (1.3167)
π 5-min: Sell
π 15-min to Daily: Strong Buy
β
Trend remains firmly bullish despite short-term correction
AUD/USD (0.6343)
π 5-min: Neutral
π 15-min to 1H: Strong Buy
π Daily: Buy
β
Gradual uptrend continues; long bias remains favorable
USD/CAD (1.4126)
π All Timeframes: Strong Sell
β
Persistent downtrend; selling rallies remains effective
USD/CHF (0.8621)
π 5-min: Neutral
π 15-min to Daily: Strong Sell
β οΈ Broad bearish trend; further downside risks remain
USD/NZD (1.7205)
π All Timeframes: Strong Sell
β
Clear downward trend; holding short positions recommended
π± Cross Yen Pairs
EUR/JPY (162.20)
π 5-min: Buy
π 15-min to 1H: Strong Buy
π Daily: Strong Buy
β
Solid bullish trend; long positions remain favorable
GBP/JPY (193.04)
π 5-min to 15-min: Buy to Strong Buy
π 1H: Sell
π Daily: Neutral
β οΈ Short-term upside bias; longer-term upside may be limited
AUD/JPY (92.99)
π 5-min to 15-min: Strong Buy
π 1H: Neutral
π Daily: Strong Sell
β οΈ Short-term rebound within a broader downtrend
CAD/JPY (103.81)
π 5-min to 15-min: Strong Buy to Neutral
π 1H to Daily: Strong Sell
β οΈ Short-term recovery, but overall bearish bias continues
CHF/JPY (170.06)
π 5-min to 1H: Strong Buy
π Daily: Buy
β
Only cross-yen pair in a consistent uptrend
NZD/JPY (85.18)
π 5-min to 15-min: Strong Buy
π 1H: Neutral
π Daily: Strong Sell
β οΈ Conflicting signals; careful assessment needed
π Other Assets
XAU/USD (Gold) β 3,105.23
π 5-min to 1H: Strong Sell
π Daily: Strong Buy
β οΈ Short-term pullback; long-term uptrend intact
EUR/GBP (0.8402)
π All Timeframes: Strong Buy
β
Clear uptrend; long bias favored
EUR/AUD (1.7444)
π All Timeframes: Strong Buy
β
Strong uptrend; buying on dips effective
NZD/CAD (0.8206)
π 5-min: Neutral
π 15-min to 1H: Strong Buy
π Daily: Neutral
β οΈ Medium-term bullish bias; cautious long-term view
BTC/USD (83,234.0)
π All Timeframes: Strong Sell
β Downtrend continues; risk of further lows
π Trade Strategy Summary
π Short-Term Trend Plays
– β
Long Bias: EUR/USD, GBP/USD, EUR/JPY, EUR/GBP, EUR/AUD
– β Short Bias: USD/CAD, USD/NZD, BTC/USD
π Mid-Term Trend Focus
– β
Long: EUR/JPY, AUD/USD, CHF/JPY
– β Short: USD/JPY, USD/CHF
π Long-Term Strategy Guidelines
– Gold remains a buy; short-term dips are buying opportunities
– Bitcoin stays bearish; consider selling into rebounds
– Cross-yen pairs show mixed trendsβfocus on stronger ones like CHF/JPY and EUR/JPY
β Summary
– Euro remains broadly strong against yen, dollar, and Aussie
– U.S. Dollar remains weak, especially versus CAD and NZD
– Gold: Long bias remains intact; watch for further upside
– Bitcoin: Still in a bearish phase; cautious approach advised
– Cross-Yen: Best to focus on strong pairs like CHF/JPY and EUR/JPY