π Technical Analysis & Trade Strategy Summary β Wednesday, April 30, 2025
π¦ Major Currency Pairs
EUR/USD (1.1367)
- 5m/15m/hourly: Strong Sell / Daily: Buy
β Strategy: Selling bias in the short term. However, hold a buy-on-dip view if 1.1350 support remains firm.
USD/JPY (143.08)
- 5m to hourly: Strong Buy / Daily: Sell
β Strategy: Maintain long positions short term. If unable to clearly break 143.30, consider profit-taking.
GBP/USD (1.3359)
- 5m/15m/hourly: Strong Sell / Daily: Strong Buy
β Strategy: In correction. Watch for bounce from 1.3320 support as a buy opportunity.
AUD/USD (0.6391)
- 5m to hourly: Strong Sell / Daily: Strong Buy
β Strategy: Bearish in the short term. Buy-on-dip zone between 0.6370β0.6380.
USD/CAD (1.3833)
- 5m to hourly: Sell / Daily: Strong Sell
β Strategy: Continue short. Watch for a break below 1.3800, but beware of rebound risks.
USD/CHF (0.8254)
- 5m to hourly: Strong Buy / Daily: Neutral
β Strategy: Hold long, but be cautious of resistance near 0.8280.
USD/NZD (1.6895)
- 5m to hourly: Strong Buy / Daily: Strong Sell
β Strategy: Short-term long. Consider taking profits if it breaks above 1.6920.
π± Cross Yen Pairs
EUR/JPY (162.56)
- Overall: Strong Buy
β Strategy: Look to buy on dips between 162.20β162.30.
GBP/JPY (191.13)
- Overall: Strong Buy
β Strategy: Maintain long positions while above 190.80 support.
AUD/JPY (91.44)
- 5m: Sell / 15mβHourly: Buy / Daily: Buy
β Strategy: Focus on 91.20 as key support. Continue buy-on-dip strategy.
CAD/JPY (103.44)
- 5m to hourly: Strong Buy / Daily: Buy
β Strategy: Stay long unless it drops below 103.00.
CHF/JPY (173.28)
- Short-term: Buy to Strong Buy / Daily: Neutral
β Strategy: Continue long if price clears 173.50; otherwise, stay on the sidelines.
π Other Assets
XAU/USD (Gold): 3,276.18
- 5m to hourly: Strong Sell / Daily: Buy
β Strategy: Favor long positions on dips. Ideal buy zone: 3,260β3,270.
NZD/JPY (84.69)
- Short-term: Mild Buy / Daily: Neutral
β Strategy: Watch for pullback near 85.00; partial profit-taking advised.
EUR/GBP (0.8510)
- 5m: Sell / Hourly: Strong Buy / Daily: Sell
β Strategy: Mixed signals. Favor short-term buying but long-term bias remains weak.
EUR/AUD (1.7785)
- 5m to hourly: Selling Bias / Daily: Neutral
β Strategy: Watch 1.7750 as key level. Consider range trading.
NZD/CAD (0.8188)
- Overall: Strong Sell
β Strategy: Look to sell on rallies. 0.8200+ is potential short entry.
BTC/USD (95,041.0)
- Overall: Strong Buy
β Strategy: Continue long bias. If 95,000 holds, uptrend remains valid. Buy dips.
π Daily Trade Strategy Summary
πΌ Long Opportunities
- EUR/JPY (Buy on dips)
- GBP/JPY (Buy on dips)
- CAD/JPY (Buy on dips)
- XAU/USD (Gold – Buy on dips)
- BTC/USD (Buy on dips)
π½ Short Opportunities
- EUR/USD (Sell on rallies)
- GBP/USD (Short-term sell)
- AUD/USD (Sell on rallies)