π Technical Analysis & Trading Strategy Summary β Thursday, May 15, 2025
π¦ Major Currency Pairs
EUR/USD (1.1202)
- 5min: Strong Sell οΌ 15min: Neutral οΌ 1H: Strong Buy οΌ Daily: Neutral
β Strategy: Short-term bias favors selling on rebounds. Watch for selling pressure around 1.1220β30. Support lies near 1.1170.
USD/JPY (145.90)
- 5minβ15min: Buy to Strong Buy οΌ 1H: Strong Sell οΌ Daily: Neutral
β Strategy: Short-term upward momentum continues, but 146.30β50 likely faces selling pressure. Take profits quickly on long positions.
GBP/USD (1.3291)
- All timeframes: Buy to Strong Buy
β Strategy: Uptrend continues. A breakout above 1.3320 could lead to further gains. Buy the dips.
AUD/USD (0.6409)
- 5minβ1H: Strong Sell οΌ Daily: Neutral
β Strategy: Favor short-term sell on rallies. Short around 0.6420β30, with support at 0.6370.
USD/CAD (1.3986)
- All timeframes: Strong Buy to Buy
β Strategy: Potential breakout above 1.4000. Look for dip buying opportunities, with support around 1.3950β60.
USD/CHF (0.8378)
- 5min: Strong Buy οΌ 1HβDaily: Bearish
β Strategy: Medium-to-long-term sell bias, but short-term rebound underway. Consider profit-taking near 0.8400.
USD/NZD (1.7010)
- 5minβ1H: Strong Buy οΌ Daily: Buy
β Strategy: Uptrend intact. A break above 1.7050 could lead to further highs.
π± Cross Yen Pairs
EUR/JPY (163.44)
- Short to 1H: Sell οΌ Daily: Buy
β Strategy: Watch for a break below 163. Sell on rallies; prone to retreat near low 164s.
GBP/JPY (193.93)
- Short-term: Buy to Strong Buy οΌ 1H: Sell οΌ Daily: Strong Buy
β Strategy: Short-term upside potential. Take profit near 194+, consider buying dips on deeper pullbacks.
AUD/JPY (93.50)
- 5minβ1H: Strong Sell οΌ Daily: Neutral
β Strategy: Short-term selling bias. Support around 93.30β40; cautious below 93.00.
CAD/JPY (104.33)
- All timeframes: Sell to Strong Sell
β Strategy: Favor selling on rebounds. Resistance at 104.00β104.20; support near 103.60.
CHF/JPY (174.16)
- 5minβ1H: Bearish οΌ Daily: Buy
β Strategy: Short-term selling bias. Monitor for possible trend reversal above 175.
π Other Assets
XAU/USD (Gold) β 3,177.87
- 5minβ1H: Buy to Neutral οΌ Daily: Sell
β Strategy: Resistance heavy near 3,190. Prioritize taking profits; cautious buying on dips.
BTC/USD β 101,800
- Short-term to 1H: Strong Sell οΌ Daily: Strong Buy
β Strategy: Caution below $100,000, but long-term outlook favors continued dip buying.
π Key Strategy Summary
πΌ Buy on Dips
- GBP/USD
- USD/CAD
- USD/NZD
- BTC/USD (Mid-to-Long Term)
π½ Sell on Rallies
- EUR/USD (Short Term)
- AUD/USD
- AUD/JPY
- EUR/JPY
- CHF/JPY (Short Term)