📊 Technical Analysis & Trade Strategy Summary – July 9, 2025
🏦 Major Currency Pairs
EUR/USD (1.1705)
Short-term remains in “strong sell” territory; daily chart shows bullish bias
✅ Strategy: Focus on selling rallies. Momentum may stall above 1.1730; a break below 1.1670 could trigger further downside.
USD/JPY (146.64)
Daily chart remains firm; short-term at a turning point
✅ Strategy: Favor buying on dips near the low 146s. Be cautious of short-term selling pressure.
GBP/USD (1.3585)
Selling pressure continues; daily chart leaning neutral
✅ Strategy: Sell into rallies above 1.3600. Watch for support around 1.3530.
AUD/USD (0.6525)
Short-term remains bearish, though showing signs of a mild rebound
✅ Strategy: A break below 0.6500 may reinforce selling. Rebounds likely to be limited.
USD/CAD (1.3691)
Gradual uptrend remains intact
✅ Strategy: Continue long positions aiming for 1.3700–1.3720 breakout. Support lies around 1.3650.
💱 Crosses & Other Assets
EUR/JPY (171.64) / GBP/JPY (199.21) / AUD/JPY (95.68)
Short-term under pressure, but daily trend shows continued yen weakness
✅ Strategy: Maintain a buy-the-dip approach while watching for short-term pullbacks.
CAD/JPY (107.11) / CHF/JPY (184.17) / NZD/JPY (87.88)
Signs of minor corrections, but yen weakness remains
✅ Strategy: Look for buy opportunities after pullbacks. Key support at 106.80 for CAD/JPY.
XAU/USD (Gold: 3,294.61)
Short-term rebound signs; overall bias remains bearish
✅ Strategy: Watch for selling opportunities around 3,310–3,320 resistance zone.
BTC/USD (109,000)
Strong uptrend across all timeframes
✅ Strategy: Maintain long positions on dips. Holding above 108,000 could open another attempt at 111,000.
🚀 Key Strategy Summary
🔼 Buy Opportunities (Dip/Trend Continuation)
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USD/JPY, CAD/JPY, CHF/JPY (Yen weakness trend)
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USD/CAD, BTC/USD (Sustained bullish momentum)
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EUR/AUD (Euro strength holding)
🔽 Sell Opportunities (Pullback/Short-term)
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EUR/USD, GBP/USD, AUD/USD (Bearish vs. USD)
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Gold (Continue selling rallies)
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GBP/JPY, AUD/JPY (Short-term downside pressure)
