πŸ“Š Technical Analysis – Wednesday, April 9, 2025

πŸ“Š Technical Analysis – Wednesday, April 9, 2025

Currency pairs and instruments are listed in order of market liquidity.


🏦 Major Currency Pairs

EUR/USD (1.1044)
πŸ“ˆ All timeframes: Strong Buy
βœ… A strong uptrend is in place; buying the dips remains effective.


USD/JPY (144.77)
πŸ“‰ All timeframes: Strong Sell
βœ… Yen strength and dollar weakness persist; sell on rallies is the favored strategy.


GBP/USD (1.2818)
πŸ“ˆ 5-min & 15-min: Strong Buy
πŸ“Š 1H: Neutral
πŸ“‰ Daily: Sell
⚠️ Some short-term support, but longer-term upside remains capped.


AUD/USD (0.6005)
πŸ“‰ All timeframes: Sell or Strong Sell
⚠️ Clear downtrend across the board; selling on rallies is advised.


USD/CAD (1.4211)
πŸ“‰ All timeframes: Strong Bearish Bias (especially on Daily)
⚠️ CAD strength and USD weakness may continue to dominate.


USD/CHF (0.8397)
πŸ“‰ All timeframes: Strong Sell
βœ… Clear downtrend, continued short positioning is favorable.


USD/NZD (1.7999)
πŸ“ˆ 5-min, 15-min, Daily: Strong Buy
πŸ“Š 1H: Neutral
βœ… Long-term uptrend remains intact; watch for dip-buying opportunities.


πŸ’± Cross Yen Pairs

EUR/JPY (159.88)
πŸ“‰ All timeframes: Sell to Strong Sell
⚠️ Downward momentum driven by yen buying pressure.


GBP/JPY (185.56)
πŸ“‰ All timeframes: Strong Sell
βœ… Clear bearish trend, short bias remains in place.


AUD/JPY (86.94)
πŸ“‰ All timeframes: Strong Sell
βœ… Aussie weakness + yen strength creates a dominant downward setup.


CAD/JPY (101.88)
πŸ“‰ All timeframes: Strong Sell
βœ… Broad-based cross yen weakness continues to dominate.


CHF/JPY (172.42)
πŸ“Š 5-min: Neutral
πŸ“ˆ 15-min to Daily: Buy to Strong Buy
βœ… Only cross-yen pair with a consistent bullish trend. Long positions are still valid.


NZD/JPY (80.43)
πŸ“‰ All timeframes: Strong Sell
βœ… Dual weakness from NZD and JPY strength – consistent selling pressure.


🌟 Other Assets

XAU/USD (Gold) – 3,050.75
πŸ“ˆ 5-min to 1H: Strong Buy
πŸ“Š Daily: Neutral
⚠️ Solid short-term strength, but signs of long-term consolidation may be emerging.


EUR/GBP (0.8617)
πŸ“ˆ All timeframes: Strong Buy
βœ… Clear Euro strength over the pound; trend-following long trades remain effective.


EUR/AUD (1.8390)
πŸ“ˆ 5-min, 15-min, Daily: Strong Buy
πŸ“Š 1H: Neutral
βœ… Long-term uptrend continues; buying the dip is a good strategy.


NZD/CAD (0.7895)
πŸ“ˆ 5-min: Buy
πŸ“Š 15-min & 1H: Neutral
πŸ“‰ Daily: Strong Sell
⚠️ Long-term bearish trend intact; short-term rebound should be approached cautiously.


BTC/USD (76,422.0)
πŸ“‰ All timeframes: Sell to Strong Sell
βœ… Bearish trend continues with no clear signs of bottoming out.


πŸš€ Trade Strategy Ideas

πŸ“Œ Long Opportunities (Buy Candidates):

  • EUR/USD, EUR/AUD, EUR/GBP

  • CHF/JPY, XAU/USD (short-term only)

πŸ“Œ Short Opportunities (Sell Candidates):

  • USD/JPY, GBP/JPY, AUD/JPY, NZD/JPY

  • BTC/USD, USD/CHF

πŸ“Œ Pairs to Watch Carefully (Mixed Signals):

  • USD/CAD, GBP/USD (uncertain directional bias)

  • NZD/CAD (conflicting signals across timeframes)

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