📊 Technical Analysis & Trade Strategy – Late Session Update Date: June 13, 2025 (Thursday)

📊 Technical Analysis & Trade Strategy – Late Session Update
Date: June 13, 2025 (Thursday)

🏦 Major Currency Pairs

EUR/USD (1.1498)

• Short-term: Selling pressure increasing

• Daily chart: Rebound still in play
  ✅ Strategy: Watch the 1.1480–1.1500 range. Potential for short-term pullback, but a rebound is possible if support holds.

USD/JPY (144.39)

• Overall trend: Uptrend continues
  ✅ Strategy: Key support lies at 144.00. Sustained upside likely if 145.00 is breached.

GBP/USD (1.3530)

• Short-term: Bearish bias

• Daily chart: Signs of rebound
  ✅ Strategy: Caution if 1.3500 breaks. If rebounding, consider shorting around 1.3560–70.

AUD/USD (0.6469)

• Short-term: Bearish correction

• Daily chart: Neutral
  ✅ Strategy: A break below 0.6450 could trigger further downside. A break above 0.6500 may prompt a short-term rebound.

USD/CAD (1.3641)

• Short-term: Strengthening bullish momentum

• Daily chart: Still bearish
  ✅ Strategy: Watch for selling near 1.3660, but pullback buying also viable.

💱 Crosses & Other Assets

EUR/JPY (166.03) / GBP/JPY (195.35) / CAD/JPY (105.86) / CHF/JPY (177.27)

• Overall: JPY-selling trend remains intact
  ✅ Strategy: Buy on dips. Consider profit-taking near key levels (e.g., CAD/JPY 106.00, CHF/JPY 178.00).

AUD/JPY (93.39) / NZD/JPY (86.62)

• Short-term: Slightly unstable

• Daily chart: Neutral to bullish
  ✅ Strategy: Dips can be bought cautiously. Watch for stronger selling below 92.80 or 86.00.

XAU/USD (Gold – 3,413.68)

• Short-term: Turning bearish

• Daily chart: Uptrend intact
  ✅ Strategy: Hold if price stays above 3,400. A break lower may see 3,380 support tested.

BTC/USD (104,890)

• Short-term: In correction

• Daily chart: Slight weakening
  ✅ Strategy: A drop below 104,000 could trigger further downside. Holding above 105,500 would support continued bullish bias.

🚀 Key Trade Setups (Late Session Focus)

🔼 Buy-on-Dip / Bullish Continuation

• USD/JPY (if 144 holds)

• EUR/JPY & CAD/JPY (ride the cross-yen trend)

• XAU/USD (if uptrend holds)

🔽 Short-term Sell / Bearish Bias

• GBP/USD & AUD/USD (favorable for rallies to be sold)

• EUR/USD (short-term bias to the downside)

• NZD/CAD (broad-based weakness)