📊 Technical Analysis & Trade Strategy – July 18, 2025
🏦 Major Currency Pairs
EUR/USD (1.1644)
Strong short- and medium-term bullish bias; daily chart neutral
✅ Strategy: Continue buying on dips. Support at 1.1620; break above 1.1680 opens further upside.
USD/JPY (148.53)
Short-term selling pressure, but daily trend remains bullish
✅ Strategy: Watch 147.80–148.00 as key support zone. A move above 149.00 could trigger renewed buying.
GBP/USD (1.3453)
Short-term bullish momentum, though daily trend still carries bearish undertone
✅ Strategy: Holding above 1.3440 keeps the uptrend intact. Break above 1.3500 accelerates momentum.
AUD/USD (0.6524)
Broad-based buying strength; daily chart also signals bullishness
✅ Strategy: Favor buying on dips. 0.6500 is key support; push above 0.6560 suggests another leg higher.
USD/CAD (1.3718)
Short-term bearish pressure; daily trend neutral
✅ Strategy: Monitor 1.3700 support. A break below targets 1.3660.
💱 Crosses & Other Assets
EUR/JPY (172.96) / GBP/JPY (199.82) / AUD/JPY (96.90)
Strong yen-selling pressure keeps crosses bullish
✅ Strategy: Continue buying on dips. Watch EUR/JPY holding above 172.50; focus on GBP/JPY for a break above 200.00.
CAD/JPY (108.29) / CHF/JPY (185.33) / NZD/JPY (88.75)
Firm bullish momentum amid persistent yen weakness
✅ Strategy: Long bias above key supports; CAD/JPY above 108, CHF/JPY above 185 favor continued buying.
XAU/USD (Gold – 3,353.10)
Strong bullish signals across all timeframes
✅ Strategy: Buy on dips as long as 3,340 holds; upside target near 3,380.
BTC/USD (119,140)
Short-term neutral, daily bullish bias intact
✅ Strategy: Use 118,000 as support for long positions. Break above 121,000 could open the door to 125,000.
🚀 Key Trade Ideas
🔼 Buy Opportunities (Dip-Buying / Bullish Continuation)
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EUR/USD, AUD/USD (strong bullish tone)
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Crosses (JPY weakness) — especially GBP/JPY, AUD/JPY
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XAU/USD & BTC/USD (trend continuation on dips)
🔽 Sell Opportunities (Short-Term Pullbacks)
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USD/CAD, USD/NZD (short-term corrective selling)
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USD/CHF (bearish bias remains)
📌 Key Levels to Watch
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EUR/USD: Support 1.1620, Resistance 1.1680
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USD/JPY: Support 148.00, Breakout above 149.00 for further upside
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XAU/USD: Support zone 3,340–3,350
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BTC/USD: Holding above 118,000 keeps bullish structure intact
