π Technical Analysis & Trade Strategy Summary β May 30, 2025 (Late Session)
π¦ Major Currency Pairs
EUR/USD (1.1328)
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Short-term: Strong selling
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Daily: Buying bias
β Strategy: Caution below 1.1300 for potential further downside. Resistance seen around 1.1350.
USD/JPY (143.92)
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Overall: Strong selling pressure
β Strategy: Resistance at 144.30. Continue to sell on rallies; downside test toward 143.50 expected.
GBP/USD (1.3479)
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Short-term: Neutral
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Daily: Strong buy
β Strategy: Support around 1.3450. A breakout above 1.3510 could trigger a new upward wave.
AUD/USD (0.6423)
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Short-term: Mixed
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Mid-to-long term: Selling bias
β Strategy: Resistance at 0.6440β50. Watch for support around 0.6380β0.6400.
USD/CAD (1.3813)
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Short-term: Lacks clear direction
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Daily: Continued selling
β Strategy: 1.3830 is a potential sell zone on rebounds. A break below 1.3760 could accelerate the downtrend.
π± Cross Yen Pairs & Other Assets
EUR/JPY (163.03) / GBP/JPY (193.99) / CHF/JPY (174.57)
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Short-term: Strong selling pressure
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Daily: Still supported
β Strategy: Sell on rallies, but daily support may invite dip buying. Range-trading and contrarian setups are favored.
XAU/USD (Gold: 3,295.10)
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Short-term: Strong selling
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Daily: Bullish bias remains
β Strategy: Look for rebound around 3,270β3,280. Likely to face renewed selling near 3,310β3,320.
BTC/USD (105,880)
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Short-term: Failed to sustain strong buying
β Strategy: Caution around 106,500β107,000 for potential resistance. Key support to watch: 105,000.
π Highlighted Strategies (as of May 30, 2025 β Late Session)
πΌ Buy Opportunities (Pullback/Mid-Term)
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GBP/USD (uptrend continuation)
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XAU/USD (daily support rebound)
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CHF/JPY (daily support only)
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EUR/AUD (swing trade)
π½ Sell Opportunities (Rebound/Short-Term)
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EUR/USD, USD/JPY (rebound selling bias)
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AUD/USD (mid-term downtrend intact)
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Cross JPY pairs (short-term selling pressure)
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EUR/GBP, NZD/CAD (overall bearish tone)