πŸ“Š Technical Analysis & Trade Strategy Summary – Thursday, April 10, 2025

 

πŸ“Š Technical Analysis & Trade Strategy Summary – Thursday, April 10, 2025

Currency pairs and assets listed in order of liquidity.


🏦 Major Currency Pairs

EUR/USD (1.1078)
πŸ“ˆ All Timeframes: Strong Buy
βœ… Continue with buy-on-dips strategy. Consider aggressive longs below 1.1000.


USD/JPY (145.61)
πŸ“‰ All Timeframes: Strong Sell
βœ… Yen strength dominates. 146.50–147.00 area offers ideal short opportunities.


GBP/USD (1.2920)
πŸ“ˆ Short Term: Strong Buy / πŸ“Š Daily: Neutral
⚠️ Take profit above 1.2950; potential for pullback. Be cautious with existing longs.


AUD/USD (0.6190)
πŸ“ˆ Short Term: Strong Buy / πŸ“‰ Daily: Sell
⚠️ Upward momentum stalling. Watch for short opportunities around 0.6220.


USD/CAD (1.4055)
πŸ“‰ All Timeframes: Strong Sell
βœ… Even if it bounces near 1.41, selling pressure remains. Prepare for a potential drop below 1.40.


USD/CHF (0.8401)
πŸ“‰ All Timeframes: Strong Sell
βœ… Clear downtrend continues. Sell on any rebounds.


USD/NZD (1.7556)
πŸ“‰ Short Term: Strong Sell / πŸ“ˆ Daily: Buy
⚠️ Currently in a pullback. The 1.75 zone may act as a pivot. Use both short-term selling and medium-term buying strategies.


πŸ’± Cross-Yen Pairs

EUR/JPY (161.31)
πŸ“Š All Timeframes: Neutral
⚠️ Choppy movement in both directions. Range-bound strategies like mean-reversion may work.


GBP/JPY (188.13)
πŸ“‰ Mid to Long Term: Strong Sell
βœ… Continue selling rallies. Short setups favored near 189.00.


AUD/JPY (90.13)
πŸ“ˆ Short Term: Buy / πŸ“‰ Daily: Strong Sell
⚠️ Watch for rejection below 90.50. Upside appears limited; potential reversal.


CAD/JPY (103.61)
πŸ“‰ Short to Medium Term: Strong Sell
βœ… Clear weakness. Look to sell rebounds near 104.00.


CHF/JPY (173.34)
πŸ“ˆ All Timeframes: Strong Buy
βœ… Strong uptrend continues. Buy dips. Next target is above 173.50.


NZD/JPY (82.94)
πŸ“‰ All Timeframes: Strong Sell
βœ… Consistent downtrend. Selling into rebounds is the most efficient play.


🌟 Other Assets

XAU/USD (Gold) – 3,119.03
πŸ“ˆ All Timeframes: Strong Buy
βœ… Trading near all-time highs. Buying breakouts and dip entries are both valid. Watch psychological level around 3,125.


EUR/GBP (0.8574)
πŸ“ˆ Medium to Long Term: Strong Buy
βœ… Holding above 0.86 could trigger trend expansion. Buy dips.


EUR/AUD (1.7899)
πŸ“ˆ Daily: Strong Buy / πŸ“‰ Short Term: Sell
⚠️ Currently in a pullback phase. Look to rebuild longs on further dips.


NZD/CAD (0.8005)
πŸ“ˆ Short Term: Strong Buy / πŸ“‰ Daily: Strong Sell
⚠️ Diverging signals. Separate short-term long and long-term short strategies.


BTC/USD (81,714.0)
πŸ“‰ Short & Long Term: Sell / πŸ“ˆ 1H: Buy
⚠️ Overall bearish tone. Risk of accelerating losses below $80,000. Stick to sell-the-rally setups.


βœ… Trade Strategy Summary – April 10

πŸ“Œ Short-Term Long Opportunities

  • EUR/USD (Buy the dip)
  • GBP/USD (Buy near 1.2870–90)
  • CHF/JPY (Buy on pullbacks)
  • XAU/USD (Gold)

πŸ“Œ Short-Term Short Opportunities

  • USD/JPY (Sell on rallies)
  • USD/CHF (Clear downtrend)
  • GBP/JPY, CAD/JPY, NZD/JPY (Cross-yen pairs remain weak)

πŸ“Œ Pairs Requiring Timeframe-Split Strategy

  • AUD/USD, NZD/CAD, USD/NZD, EUR/AUD
    β†’ Opposing trends across timeframes. Separate short-term scalping from longer-term swing positioning.

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