📊 Technical Analysis & Trade Strategy Summary Thursday, April 17, 2025

 

📊 Technical Analysis & Trade Strategy Summary

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🏦 Major Currency Pairs

EUR/USD (1.1359)

• ⏱ Short-term: Strong Sell / 📈 Daily: Strong Buy
  ✅ Strategy: Market is in short-term correction. Neutral below 1.1340. Consider dip buying in the medium-long term.

USD/JPY (142.58)

• 📉 All timeframes: Strong Sell
  ✅ Strategy: 142.80–143.00 is a sell zone. Hold short positions aiming for a break below 141.80.

GBP/USD (1.3228)

• ⏱ Short-term: Strong Sell / 📈 Medium-Long Term: Strong Buy
  ✅ Strategy: 1.3200 acts as support. Watch for rebound to rebuild longs. Short-term sidelines possible.

AUD/USD (0.6354)

• 📈 Medium-Long Term: Strong Buy / 📊 Hourly: Neutral
  ✅ Strategy: Buy on dips near 0.6320. Consider taking profit toward 0.6400.

USD/CAD (1.3897)

• 📈 Short-term: Strong Buy / 📉 Daily: Strong Sell
  ✅ Strategy: Mixed signals. 1.3920 is the pivot zone. Break lower may trigger renewed selling.

USD/CHF (0.8173)

• 📈 Short-term: Buy / 📉 Daily: Strong Sell
  ✅ Strategy: Potential rebound if above 0.8200. Look to sell around 0.8230–0.8250.

USD/NZD (1.6851)

• 📉 All timeframes: Strong Sell
  ✅ Strategy: 1.6880–1.6900 is a prime area to short. Watch for acceleration below 1.6800.

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💱 Yen Crosses

EUR/JPY (161.92)

• 📉 Short–Mid Term: Sell / 📈 Daily: Buy
  ✅ Strategy: Continue short below 161.50. Flip to long above 162.50.

GBP/JPY (188.58)

• 📉 Broadly Bearish
  ✅ Strategy: Continue selling on rebounds. Profit-taking or additional shorts above 189.50.

AUD/JPY (90.56)

• 📉 Short-term: Sell / 📊 Mid-term: Neutral
  ✅ Strategy: Re-enter shorts below 90.30. Buy if it breaks above 91.00.

CAD/JPY (102.60)

• 📉 All timeframes: Strong Sell
  ✅ Strategy: 103+ is a sell opportunity. Targeting a drop below 102.00.

CHF/JPY (174.42)

• ⏱ Short-term: Sell / 📈 Daily: Strong Buy
  ✅ Strategy: Buy on rebound around 174.00. Break lower may open move toward 170.00.

NZD/JPY (84.57)

• 📈 Short-term: Strong Buy / 📊 Daily: Neutral
  ✅ Strategy: Look to buy dips. Stop loss if it breaks below 84.20.

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🌟 Other Assets

XAU/USD (Gold) 3,326.40

• 📈 Daily: Strong Buy / 📊 Short-term: Neutral
  ✅ Strategy: Buy near 3,300. Profit zone is 3,350–3,370.

EUR/GBP (0.8587)

• 📉 Short–Mid Term: Strong Sell / 📈 Daily: Strong Buy
  ✅ Strategy: Short-term selling continues. Buy only if 0.8600 is cleared.

EUR/AUD (1.7879)

• 📉 Short-term: Strong Sell / 📈 Daily: Buy
  ✅ Strategy: Support near 1.7850. Below that, selling bias increases.

NZD/CAD (0.8244)

• 📈 All timeframes: Strong Buy
  ✅ Strategy: Hold long positions. Monitor for breakdown below 0.8200.

BTC/USD (84,300.0)

• 📉 Short-term: Sell / 📊 Daily: Neutral
  ✅ Strategy: Caution if it falls below 84,000. Key support: 83,000–83,200.

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✅ Strategy Summary

🔼 Long Focus

• AUD/USD (ongoing uptrend)
• NZD/CAD (steady rise)
• Gold (XAU/USD) (targeting new highs)
• NZD/JPY (buying dips)

🔽 Short Focus

• USD/JPY, CAD/JPY, USD/NZD, GBP/JPY (USD weakness + yen strength)
• EUR/GBP, EUR/AUD (short-term correction setups)

⚖️ Split-Timeframe Strategy Required

• EUR/USD, USD/CAD, CHF/JPY, GBP/USD
  → Different trends depending on timeframe—best managed separately as swing vs. intraday trades.

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Market Theme This Week:
Broad USD selling, with strength seen in gold, AUD/NZD, and GBP.