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๐Ÿ“Š Technical Analysis & Trade Strategy Summary (Tuesday, April 22, 2025)

 

๐Ÿ“Š Technical Analysis & Trade Strategy Summary (Tuesday, April 22, 2025)

Todayโ€™s landscape: Gold and Bitcoin are soaring, Aussie and Pound show short-term pullbacks, and Yen-buying is strengthening, putting pressure on cross-yen pairs.


๐Ÿฆ Major Currency Pairs

EUR/USD (1.1500)

  • โฑ Short-term: Bearish to Neutral / ๐Ÿ“ˆ Daily: Strong Bullish
    โœ… Strategy: Maintain long positions if support at 1.1470โ€“1.1480 holds. Target: 1.1550โ€“1.1600

USD/JPY (140.39)

  • ๐Ÿ“‰ Hourly to Daily: Strong Bearish / โฑ Short-term: Neutral
    โœ… Strategy: Caution near 140.00. Stick to sell-on-rally approach; 141.00+ is a sell zone.

GBP/USD (1.3376)

  • ๐Ÿ“‰ Short-term: Strong Bearish / ๐Ÿ“ˆ Daily: Strong Bullish
    โœ… Strategy: 1.3350 is keyโ€”if broken, deeper correction likely. Buy on confirmed rebound.

AUD/USD (0.6406)

  • ๐Ÿ“‰ Short- to Hourly: Strong Bearish / ๐Ÿ“ˆ Daily: Strong Bullish
    โœ… Strategy: A break below 0.6370 could extend losses. Needs to clear 0.6440 to resume uptrend.

USD/CAD (1.3829)

  • ๐Ÿ“ˆ Short-term: Strong Bullish / ๐Ÿ“‰ Daily: Strong Bearish
    โœ… Strategy: Watch for resistance near 1.3850. Rejection = sell opportunity.

USD/CHF (0.8103)

  • ๐Ÿ“Š Mixed (Short-term bullish / Long-term bearish)
    โœ… Strategy: Short around 0.8120โ€“0.8130 if resistance holds.

USD/NZD (1.6644)

  • ๐Ÿ“‰ All Timeframes: Strong Bearish (some neutral short-term)
    โœ… Strategy: Sell on rallies. 1.6700 is a candidate for re-entry.

๐Ÿ’ฑ Cross-Yen Pairs

EUR/JPY (161.46)

  • ๐Ÿ“‰ Overall Bias: Bearish
    โœ… Strategy: Sell into rallies near 161.00โ€“161.30. Downside target: low 160s.

GBP/JPY (187.79)

  • โŒ All Timeframes: Strong Bearish
    โœ… Strategy: Maintain shorts. Consider re-entry around 188.30โ€“188.50.

AUD/JPY (89.94)

  • โŒ All Timeframes: Strong Bearish
    โœ… Strategy: Stay short below 90.00. Acceleration possible if 89.50 breaks.

CAD/JPY (101.53)

  • โŒ All Timeframes: Strong Bearish
    โœ… Strategy: 101.80โ€“102.00 is a sell zone. Target: 100.80.

CHF/JPY (173.28)

  • ๐Ÿ“‰ Short- to Hourly: Bearish / ๐Ÿ“ˆ Daily: Bullish
    โœ… Strategy: A break below 172.80โ€“173.00 could trigger deeper correction.

NZD/JPY (84.35)

  • ๐Ÿ“Š Mixed (Short-term bullish / Long-term slightly bearish)
    โœ… Strategy: Breakout level at 85.00. Cut losses if 84.00 breaks.

๐ŸŒŸ Other Assets

XAU/USD (Gold) โ€“ $3,456.91

  • โœ… All Timeframes: Strong Bullish
    ๐Ÿ“ˆ Strategy: Uptrend intact. Buy the dips. Next target: $3,480โ€“$3,500.

EUR/GBP (0.8598)

  • ๐Ÿ“ˆ MA Trend: Bullish / Indicators: Mixed
    โœ… Strategy: Support at 0.8580. Targeting 0.8650โ€“0.8700 on continued gains.

EUR/AUD (1.7951)

  • โœ… All Timeframes: Strong Bullish
    ๐Ÿ“ˆ Strategy: Maintain long. Psychological resistance at 1.8000 in focus.

NZD/CAD (0.8308)

  • โœ… All Timeframes: Strong Bullish
    ๐Ÿ“ˆ Strategy: Continue buying on dips. 0.8280 is a potential stop level.

BTC/USD ($88,428)

  • โœ… All Timeframes: Strong Bullish
    ๐Ÿ“ˆ Strategy: Next milestone is $90,000. Buy pullbacks near $87,000.

โœ… Trade Strategy Summary (April 22, 2025)


๐Ÿ”ผ Bullish Bias (Recommended Longs)

  • EUR/USD, GBP/USD (Midโ€“Long Term), EUR/AUD, EUR/GBP
  • XAU/USD (Gold), BTC/USD, NZD/CAD
  • CHF/JPY (Daily Trend)

๐Ÿ”ฝ Bearish Bias (Recommended Shorts)

  • USD/JPY, GBP/JPY, AUD/JPY, CAD/JPY
  • USD/NZD, AUD/USD (Short Term)

โš–๏ธ Pairs Needing Split Strategy (Timeframe Dependent)

  • USD/CAD, USD/CHF, EUR/USD, NZD/JPY, CHF/JPY, BTC/USD
    โ†’ Separate scalp vs swing approach is essential.

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