📊 Technical Analysis & Trade Strategy Summary (Friday, May 2, 2025)
🏦 Major Currency Pairs
EUR/USD (1.1329)
- 5m & 15m: Strong Sell / 1H: Buy / Daily: Neutral
✅ Strategy: Short-term selling continues, but strong support at 1.1300. Consider dip-buying if downside stalls.
USD/JPY (144.63)
- 5m–15m: Strong Sell / 1H: Sell / Daily: Buy
✅ Strategy: Selling pressure easing. Watch for rebound from support in the low 144s.
GBP/USD (1.3293)
- 5m–1H: Strong Sell / Daily: Strong Buy
✅ Strategy: Downtrend continues short-term, but potential buying opportunity if 1.3250 holds.
AUD/USD (0.6437)
- All timeframes: Strong Buy
✅ Strategy: Uptrend intact. Buy on dips while holding above 0.6400.
USD/CAD (1.3819)
- All timeframes: Strong Sell
✅ Strategy: Focus on selling on rebounds. Look for opportunities if price returns near 1.3850.
USD/CHF (0.8246)
- 5m–1H: Bearish / Daily: Neutral
✅ Strategy: Resistance near 0.8280. Selling bias remains, but watch for break below 0.8220.
USD/NZD (1.6830)
- All timeframes: Strong Sell
✅ Strategy: Continue selling on rallies. 1.6900 is the key resistance for re-entry.
💱 Yen Crosses
EUR/JPY (163.86)
- 5m–1H: Strong Sell / Daily: Strong Buy
✅ Strategy: Short-term bearish bias. 163.00 is a key level — watch for possible rebound.
GBP/JPY (192.25)
- All timeframes: Strong Sell / Daily: Strong Buy
✅ Strategy: Prefer selling on rebounds. Cut shorts if it breaks above 192.80.
AUD/JPY (93.09)
- Short–1H: Neutral to Buy / Daily: Strong Buy
✅ Strategy: Holding above 93.00 could trigger a new uptrend. Dip buying favorable.
CAD/JPY (104.67)
- Short-term: Sell / 1H–Daily: Buy
✅ Strategy: Maintain buy bias as long as 104.20 support holds.
CHF/JPY (175.44)
- 5m–1H: Bearish / Daily: Strong Buy
✅ Strategy: Prefer buying on dips while above 175.00.
🌟 Other Assets
XAU/USD (Gold) – 3,262.99
- Short–1H: Strong Buy / Daily: Neutral
✅ Strategy: Continue dip-buying. Key support zone is 3,250–3,270.
NZD/JPY (85.94)
- All timeframes: Buy to Strong Buy
✅ Strategy: Holding momentum; buy bias intact above 86.00.
EUR/GBP (0.8523)
- 5m: Sell / Others: Buy to Strong Buy
✅ Strategy: 0.8500 is critical support. Range-bound short-term; mid-term favors buying.
EUR/AUD (1.7601)
- All timeframes: Sell to Strong Sell
✅ Strategy: Sell on rebounds. Look to re-enter near 1.7630.
NZD/CAD (0.8211)
- Short-term: Strong Buy / Daily: Buy
✅ Strategy: Support near 0.8190. If it holds, continue buying.
BTC/USD (96,999.0)
- All timeframes: Strong Buy
✅ Strategy: Buy on dips. A break above 97,500 could trigger renewed highs.
🚀 Today’s Trade Focus Summary
🔼 Buy Opportunities:
- AUD/USD: Ongoing uptrend
- NZD/JPY: Momentum sustained
- BTC/USD: Breakout toward new highs expected
- CHF/JPY: Favorable if support holds
🔽 Sell Opportunities:
- EUR/USD: Short-term bearish pressure
- GBP/USD: Rebound selling opportunity
- USD/NZD: Sell on rallies; watch for sudden spikes
