📊 Technical Analysis & Trade Strategy Summary – Friday, May 16, 2025

 

📊 Technical Analysis & Trade Strategy Summary – Friday, May 16, 2025

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🏦 Major Currency Pairs

EUR/USD (1.1201)

• Short-term to 1H: Buy to Strong Buy ／ Daily: Neutral
  ✅ Strategy: Resistance expected near the 1.1220 zone. Favor dip buying in the short term; consider profit-taking on the daily view.

USD/JPY (145.54)

• 5min & 15min: Strong Buy ／ 1H & Daily: Neutral
  ✅ Strategy: Short-term uptrend remains intact. Consider taking profits below 146; buy dips as long as 1H structure holds.

GBP/USD (1.3293)

• Short-term to 1H: Bearish ／ Daily: Neutral
  ✅ Strategy: Favor selling on rallies. Watch for resistance near 1.3310–20; 1.3240 may serve as support.

AUD/USD (0.6421)

• Short-term: Bearish ／ Daily: Neutral
  ✅ Strategy: Weakness persists. Caution on rallies above 0.6430. Be selective with dip buying.

USD/CAD (1.3957)

• All timeframes: Directionless to Bearish
  ✅ Strategy: 1.3980 is a sell-on-rally level. A break below 1.3930 may trigger stronger selling.

USD/CHF (0.8367)

• 5min to 1H: Strong Buy ／ Daily: Neutral
  ✅ Strategy: Maintain long bias. Resistance around 0.8390–0.8400; watch for breakout timing.

USD/NZD (1.6933)

• 5min to 15min: Bullish ／ 1H to Daily: Bearish
  ✅ Strategy: Look to sell rallies between 1.6950–1.6980. Prioritize taking profits on short-term strength.

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💱 Cross Yen Pairs

EUR/JPY (163.01)

• 5min to 1H: Bullish ／ Daily: Neutral
  ✅ Strategy: Continue buying dips. Take profits near 163.50; support seen at 162.50.

GBP/JPY (193.47)

• Short-term: Buy to Strong Buy ／ 1H: Sell ／ Daily: Strong Buy
  ✅ Strategy: Dips likely to be supported. A break above 194.00 signals continuation of the uptrend.

AUD/JPY (93.45)

• Short-term: Bullish ／ 1H–Daily: Neutral
  ✅ Strategy: Consider follow-through buying above 93.70. Support near 93.10.

CAD/JPY (104.28)

• Short-term: Bullish ／ Daily: Neutral
  ✅ Strategy: Break above 104.50 may trigger acceleration. Favor buying on dips.

CHF/JPY (173.93)

• All timeframes: Bearish
  ✅ Strategy: Sell on rallies. Heavy resistance at 174.50; break below 173.00 could lead to further downside.

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🌟 Other Assets

XAU/USD (Gold) – 3,177.93

• All timeframes: Bearish
  ✅ Strategy: Continue selling on rallies. Strong resistance at 3,190; a break below 3,160 could trigger further decline.

NZD/JPY (85.94)

• Short-term: Bullish ／ Daily: Neutral
  ✅ Strategy: Resistance at 86.20. Buy dips around the 85.60 support zone.

EUR/GBP (0.8426)

• Short-term: Strong Buy ／ Daily: Strong Sell
  ✅ Strategy: Resistance at 0.8450. Prioritize taking profits; consider medium- to long-term short setups.

EUR/AUD (1.7444)

• Short-term: Buy ／ 1H to Daily: Weak
  ✅ Strategy: Bullish bias up to 1.7480. If not broken, prioritize profit-taking.

NZD/CAD (0.8242)

• 5min to 1H: Buy to Strong Buy ／ Daily: Neutral
  ✅ Strategy: Continue buying with a target above 0.8250. Support seen near 0.8210.

BTC/USD (103,760)

• All timeframes: Buy to Strong Buy
  ✅ Strategy: Break above 104,000 signals renewed rally. Support zone around 102,800–103,000.

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🚀 Focus Strategy Summary (Later Session – May 16, 2025)

🔼 Bullish Bias (Buy on Dips or Trend Continuation)

• USD/JPY (Short-Term)
• USD/CHF
• EUR/JPY
• GBP/JPY (Buy on Dips)
• BTC/USD
• NZD/CAD

🔽 Bearish Bias (Sell on Rallies / Reversal Risk)

• GBP/USD
• AUD/USD
• XAU/USD (Gold)
• CHF/JPY
• EUR/GBP (Mid-to-Long Term)