π Technical Analysis & Trade Strategy Summary β Monday, May 19, 2025
π¦ Major Currency Pairs
EUR/USD (1.1275)
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All timeframes: Strong Buy οΌ Daily: Neutral
β Strategy: Uptrend intact. Buy on dips toward 1.1250, targeting 1.1300. Take profit if 1.1250 breaks.
USD/JPY (144.76)
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All timeframes: Strong Sell
β Strategy: Clear downtrend. Resistance at 145.00β145.20. Continue selling on rallies. Watch support at 144.30β144.50.
GBP/USD (1.3396)
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All timeframes: Strong Buy
β Strategy: Rally gaining strength. A clean break above 1.3400 could target 1.3450β1.3470. Buy on dips.
AUD/USD (0.6445)
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All timeframes: Strong Buy
β Strategy: Solid uptrend. Targeting 0.6460β0.6470. Support near 0.6420 for dip buying.
USD/CAD (1.3949)
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Short to 1H: Bearish οΌ Daily: Neutral
β Strategy: Sell on rallies. Resistance at 1.3980. Target support around 1.3920.
USD/CHF (0.8321)
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All timeframes: Strong Sell οΌ Daily: Neutral
β Strategy: Continue selling rallies. Resistance at 0.8350. Watch for acceleration below 0.8300.
USD/NZD (1.6915)
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All timeframes: Strong Sell
β Strategy: Downtrend continues. Break below 1.6900 may accelerate toward 1.6860. Sell on pullbacks.
π± Cross Yen Pairs
EUR/JPY (163.22)
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Short-term: Neutral to Buy οΌ Daily: Strong Buy
β Strategy: Continue buying dips. Break above 164.00 could lead to further upside. Support around 162.70.
GBP/JPY (193.92)
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Short-term: Neutral to Strong Buy οΌ Daily: Strong Buy
β Strategy: Bullish bias. Watch for a breakout above 194.50β195.00. Buy dips.
AUD/JPY (93.30)
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Short-term: Neutral to Buy οΌ Daily: Neutral
β Strategy: Range-bound. Resistance at 93.70, support at 93.00. Consider short-term buying near support.
CAD/JPY (103.79)
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All timeframes: Strong Sell
β Strategy: Focus on selling rallies. Resistance at 104.00. Watch for breakdown below 103.20β103.40.
CHF/JPY (173.98)
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Short-term: Strong Buy to Neutral οΌ Daily: Neutral
β Strategy: Resistance at 175.00. Support near 173.50 for potential bounce.
π Other Assets
XAU/USD (Gold) β 3,240.61
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Short-term: Strong Buy οΌ Daily: Neutral
β Strategy: Uptrend toward 3,250, but watch for pullback risk. Focus on locking in profits.
NZD/JPY (85.58)
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Short-term: Strong Buy οΌ Daily: Sell
β Strategy: Resistance at 86.00. Be cautious chasing highs; consider taking profits.
EUR/GBP (0.8418)
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Short-term: Buy to Strong Buy οΌ Daily: Strong Sell
β Strategy: 0.8450 is the key level. Short-term rebound possible, but long-term still favors selling rallies.
EUR/AUD (1.7495)
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Short to 1H: Buy οΌ Daily: Neutral
β Strategy: Resistance at 1.7550. Look to continue buying in the short term, but take profit near resistance.
NZD/CAD (0.8246)
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All timeframes: Strong Buy
β Strategy: Watch for breakout above 0.8250. Support at 0.8220.
BTC/USD (103,040)
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Short to 1H: Strong Sell οΌ Daily: Strong Buy
β Strategy: Still searching for a bottom. 102,000 is key support. Long-term dip buying remains valid.
π Highlighted Strategy Summary (as of Late May 17, 2025)
πΌ Buy Bias (Dip or Continuation)
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EUR/USD
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GBP/USD
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AUD/USD
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EUR/JPY
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NZD/CAD
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BTC/USD (Daily Chart)
π½ Sell Bias (Rallies or Continuation)
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USD/JPY
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USD/NZD
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USD/CHF
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CAD/JPY
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EUR/GBP (Daily View)