πŸ“Š Technical Analysis & Trade Strategy – July 16, 2025

πŸ“Š Technical Analysis & Trade Strategy – July 16, 2025


🏦 Major Currency Pairs

EUR/USD (1.1611)
Bearish bias across all timeframes
βœ… Strategy: Maintain sell-on-rally stance. As long as 1.1650 is not breached, downside risk persists. Target: 1.1580.

USD/JPY (148.70)
Short-term mixed, daily trend turning bullish
βœ… Strategy: Buying on dips favored if 148.50 holds. Potential test of 149.00.

GBP/USD (1.3396)
Short-term slightly bullish, but daily signals remain bearish
βœ… Strategy: Watch the 1.3400 zone closely. Upside likely limited; selling into rallies remains advantageous.

AUD/USD (0.6521)
Uncertain direction, slight bearish tone
βœ… Strategy: Sell near 0.6530–40. Break below 0.6500 could accelerate downside.

USD/CAD (1.3723)
Bullish bias on both short-term and daily charts
βœ… Strategy: Favor buying on dips. Support at 1.3700; break above 1.3750 opens path to 1.3800.


πŸ’± Crosses & Other Assets

EUR/JPY (172.65) / GBP/JPY (199.21) / AUD/JPY (96.97)
Short-term selling signals, but daily trend supports yen weakness
βœ… Strategy: Dip-buying remains valid, but watch for short-term pullbacks. Key supports: 172.00 and 198.00.

CAD/JPY (108.36) / CHF/JPY (185.45) / NZD/JPY (88.32)
Short-term selling pressure, but longer-term bullish trend intact
βœ… Strategy: Swing traders should hold long positions; short-term traders can look for sell-on-rally opportunities.

XAU/USD (Gold – 3,337.61)
Weak short-term tone, but daily chart shows resilience
βœ… Strategy: Buy on dips around 3,330–3,320. Upside targets: 3,350–3,370.

BTC/USD (119,290)
Strong bullish momentum across all timeframes
βœ… Strategy: Continue buying on dips. Break above 120,000 could lead to a push toward 121,500.


πŸš€ Key Trade Opportunities

πŸ”Ό Buy Setups (Dip-Buying / Bullish Continuation)

  • USD/JPY (above 148.50 remains bullish)

  • USD/CAD (uptrend continuation)

  • BTC/USD & XAU/USD (bullish momentum intact)

πŸ”½ Sell Setups (Rally Selling / Short-Term Bearish)

  • EUR/USD & GBP/USD (sell on rallies)

  • AUD/USD (weak structure, downside bias)

  • EUR/GBP & EUR/AUD (Euro under pressure)


πŸ“Œ Key Levels to Watch

  • EUR/USD: 1.1650 (sell zone cap)

  • USD/JPY: 148.50 (critical support for dip buys)

  • XAU/USD: 3,320–3,370 (support & resistance band)

  • BTC/USD: 120,000 (breakout trigger for higher move)

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