π Technical Analysis & Trade Strategy Summary β Tuesday, May 20, 2025
π¦ Major Currency Pairs
EUR/USD (1.1246)
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Short-term: Strong Sell οΌ 1H: Buy οΌ Daily: Strong Buy
β Strategy: Short-term pullback, but medium-to-long term remains bullish. Watch 1.1220 as support; buy dips on rebounds.
USD/JPY (144.56)
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Short-term: Bullish Bias οΌ 1HβDaily: Strong Sell
β Strategy: Resistance near 145.00. Favor selling on rallies. Support expected at 144.30β144.50.
GBP/USD (1.3364)
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Short-term: Strong Sell οΌ Daily: Strong Buy
β Strategy: Downside pressure in the short term; caution below 1.3340. A recovery above 1.3400 would shift bias back to bullish.
AUD/USD (0.6414)
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All timeframes: Strong Sell to Neutral
β Strategy: Continue selling on rallies. Support at 0.6380, watch for resistance around 0.6430.
USD/CAD (1.3947)
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Short-term: Buy οΌ 1H: Strong Sell οΌ Daily: Neutral
β Strategy: Heavy around 1.3970. Take profits on short-term longs; bearish below 1.3920.
USD/CHF (0.8338)
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Short-term: Buy οΌ 1HβDaily: Bearish
β Strategy: Watch for breakout above 0.8350. Support near 0.8310.
USD/NZD (1.6926)
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Short-term: Strong Buy οΌ Daily: Strong Sell
β Strategy: Medium-term downtrend, but short-term rebound underway. Resistance at 1.6950β1.6980.
π± Cross Yen Pairs
EUR/JPY (162.58)
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All timeframes: Bearish οΌ Daily: Sell
β Strategy: Sell on rallies. Resistance below 163.00; break below 162.00 may trigger further downside.
GBP/JPY (193.20)
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Short-term: Neutral to Bearish οΌ Daily: Buy
β Strategy: Resistance near 194.00. Breakdown below 193.00 could accelerate losses.
AUD/JPY (92.72)
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All timeframes: Bearish
β Strategy: Prefer selling below 93.00. Targeting 92.30 support area.
CAD/JPY (103.66)
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Short-term: Neutral to Bearish οΌ Daily: Strong Sell
β Strategy: Sell on rallies near 103.80β104.00. Watch for downside below 103.00.
CHF/JPY (173.40)
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All timeframes: Bearish
β Strategy: Sell on bounce toward 173.80β174.00. Support target at 172.80.
π Other Assets
XAU/USD (Gold) β 3,235.40
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Short-term: Buy οΌ Daily: Neutral
β Strategy: Short-term uptrend remains, but strong resistance near 3,250. Consider taking profits.
NZD/JPY (85.42)
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All timeframes: Strong Sell
β Strategy: Clear downtrend. Below 85.00, the 84.00 zone may come into view.
EUR/GBP (0.8415)
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Short-term: Sell to Neutral οΌ Daily: Strong Sell
β Strategy: Sell on rallies below 0.8430. Trend favors the downside.
EUR/AUD (1.7535)
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Short-term: Strong Sell to Neutral οΌ 1H: Strong Buy
β Strategy: Short-term pullback in progress, but a break above 1.7550 could revive the uptrend.
NZD/CAD (0.8241)
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Short-term: Strong Sell οΌ Daily: Strong Buy
β Strategy: Strong short-term selling pressure, but 0.8220 offers support. Watch for potential reversal if price rebounds.
BTC/USD (104,960)
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Short-term: Strong Sell οΌ Daily: Strong Buy
β Strategy: Still in correction mode. 104,000 is key support. Medium-to-long term outlook remains bullish.
π Highlighted Strategy Summary (Late May 18, 2025)
πΌ Buy Opportunities (Rebound / Dip Buy)
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EUR/USD (Mid-to-Long Term)
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XAU/USD
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EUR/AUD (1H Chart)
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BTC/USD (Daily)
π½ Sell Opportunities (Rally Sell / Trend Continuation)
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AUD/USD
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EUR/JPY
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NZD/JPY
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CHF/JPY
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EUR/GBP