π Technical Analysis & Trade Strategy Summary β Friday, May 23, 2025
π¦ Major Currency Pairs
EUR/USD (1.1349)
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All timeframes: Strong Buy
β Strategy: Uptrend continues. Break above 1.1370 could trigger further gains. Buy on dips around 1.1320β30.
USD/JPY (143.33)
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Short-term: Bearish to Strong Bearish οΌ Daily: Strong Bearish
β Strategy: Sell on rallies. Resistance at 143.80β144.00. A break below 143.00 could accelerate downside.
GBP/USD (1.3499)
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All timeframes: Strong Buy
β Strategy: Stay long. Holding above 1.3500 opens path toward 1.3550β1.3560.
AUD/USD (0.6463)
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All timeframes: Strong Buy
β Strategy: Buy on dips. A break above 0.6480 may lead to a test of 0.6500.
USD/CAD (1.3806)
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All timeframes: Strong Sell
β Strategy: Continue selling rallies. Resistance at 1.3830β1.3850; break below 1.3750 opens further downside.
USD/CHF (0.8261)
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All timeframes: Strong Sell
β Strategy: Consistent sell-on-rally bias. Target rebounds around 0.8280β0.8300 for entries; watch for 0.8220 support.
USD/NZD (1.6789)
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All timeframes: Strong Sell
β Strategy: Downtrend remains intact. Watch for a break below 1.6750 to test 1.6700.
π± Cross Yen Pairs
EUR/JPY (162.67)
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Short-term: Strong Buy οΌ Daily: Neutral
β Strategy: Buy bias intact. Target 163.20β30. Support near 162.30.
GBP/JPY (193.46)
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All timeframes: Strong Buy
β Strategy: Uptrend intact. Consider partial profit near 194.00, continue buying on dips.
AUD/JPY (92.62)
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Short-term: Strong Buy οΌ Daily: Strong Sell
β Strategy: Short-term bullish bias, but watch for reversals around 93.00β93.20. Suited for intraday trading.
CAD/JPY (103.82)
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Short-term: Buy to Neutral οΌ Daily: Strong Sell
β Strategy: Limited upside. Be cautious of selling pressure above 104.00.
CHF/JPY (173.50)
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Short-term: Buy οΌ 1HβDaily: Bearish
β Strategy: Resistance around 174.00β174.30 remains heavy. Look for rebound-selling setups.
π Other Assets
XAU/USD (Gold) β 3,330.46
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All timeframes: Strong Buy
β Strategy: Break above 3,340 could trigger further gains. Buy on dips around 3,310β3,320.
NZD/JPY (85.36)
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Short-term: Strong Buy οΌ Daily: Strong Sell
β Strategy: Short-term rally may continue, but take profit around 85.60β86.00. Avoid chasing highs.
EUR/GBP (0.8408)
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All timeframes: Strong Sell
β Strategy: Continue selling on rebounds. Resistance at 0.8430β0.8440.
EUR/AUD (1.7563)
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Short-term: Bearish to Strong Bearish οΌ Daily: Strong Buy
β Strategy: Short-term trend is down; risk of breaking below 1.7500. Daily trend favors dip buying.
NZD/CAD (0.8223)
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Short to 1H: Strong Buy οΌ Daily: Neutral
β Strategy: Continue buying. Targeting 0.8240β0.8250 zone.
BTC/USD (110,870)
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Short-term: Sell to Neutral οΌ Daily: Strong Buy
β Strategy: Temporary pullback near 110,000 possible. Long-term trend remains bullish; continue dip buying.
π Highlighted Strategy Summary
πΌ Buy Opportunities (Pullback / Continuation)
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EUR/USD
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GBP/USD
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AUD/USD
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GBP/JPY
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XAU/USD
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NZD/CAD
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BTC/USD (Long-term)
π½ Sell Opportunities (Rally Sell / Continuation)
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USD/JPY
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USD/CAD
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USD/CHF
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USD/NZD
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EUR/GBP
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EUR/AUD (Short-term)