📊 Technical Analysis & Trade Strategy Summary – June 5, 2025 (Thursday)

📊 Technical Analysis & Trade Strategy Summary – June 5, 2025 (Thursday)

🏦 Major Currency Pairs

EUR/USD (1.1423)

• All timeframes: Bullish to Strong Bullish
  ✅ Strategy: Continue buying on dips. Near-term resistance at 1.1440–1.1460. Maintain bullish view above 1.1380.

USD/JPY (143.12)

• All timeframes: Strong Bearish
  ✅ Strategy: Favor selling on rebounds. Watch for renewed selling pressure if 143.50–70 caps upside. Break below 142.00 could trigger further downside.

GBP/USD (1.3571)

• All timeframes: Bullish to Strong Bullish
  ✅ Strategy: Uptrend continues on a medium-term basis. Break above 1.3600 opens path toward 1.3650–70. Support at 1.3510.

AUD/USD (0.6511)

• Short-Term: Neutral | Others: Strong Bullish
  ✅ Strategy: Trend resumes off 0.6480 support. Target 0.6550. Buy-on-dip strategy valid for the mid-term.

USD/CAD (1.3661)

• All timeframes: Strong Bearish
  ✅ Strategy: 1.3700 remains a key resistance zone. Downside targets at 1.3610 and 1.3580.

💱 Crosses, Gold, and Bitcoin

EUR/JPY (163.48) / GBP/JPY (194.23)

• 5-min / 15-min: Weak | Daily: Strong Bullish
  ✅ Strategy: Watch for short-term pullbacks, but maintain mid- to long-term buy-on-dip stance. EUR/JPY may target 164.00+, GBP/JPY around 195.00.

AUD/JPY (93.17) / CAD/JPY (104.79) / CHF/JPY (174.67) / NZD/JPY (86.57)

• Overall: Bullish to Strong Bullish
  ✅ Strategy: Cross-yen pairs remain in uptrend. Look for dip-buying opportunities. Any short-term selling likely to be temporary.

XAU/USD (Gold: 3,398.39)

• All timeframes: Strong Bullish
  ✅ Strategy: Clear bullish trend across short- and long-term. Break above 3,400 opens new highs. Key support around 3,370.

BTC/USD (104,560)

• Short- to Mid-Term: Strong Bearish
  ✅ Strategy: Downtrend continues. Caution if price breaks below 104,000. Rebounds may be capped near 105,500.

🌐 Focus Assets & Strategic Takeaways

🔼 Buy Bias / Buy-on-Dip Strategies

• EUR/USD, GBP/USD, AUD/USD

• All Cross JPY pairs (e.g., AUD/JPY, NZD/JPY, CAD/JPY)

• XAU/USD

• NZD/CAD

🔽 Rebound-Sell Continuation

• USD/JPY, USD/CAD, USD/NZD

• USD/CHF, BTC/USD