📊 Technical Analysis & Trade Strategy – July 21, 2025
🏦 Major Currency Pairs
EUR/USD (1.1645)
Strong short- to medium-term bullish momentum; daily trend slightly losing steam
✅ Strategy: Continue buying on dips. Holding 1.1620 supports a breakout attempt above 1.1680.
USD/JPY (147.78)
Short-term bearish pressure; daily trend still bullish
✅ Strategy: Consider dip buying as long as 147.50 holds. Watch for selling pressure near 148.50.
GBP/USD (1.3457)
Overall strong bullish tone; daily chart neutral
✅ Strategy: 1.3440 acts as support. A break above 1.3500 could accelerate gains.
AUD/USD (0.6512)
Short-term buy signals strengthening; daily trend neutral
✅ Strategy: Maintain dip buying while 0.6500 holds. Break above 0.6540 for trend acceleration.
USD/CAD (1.3721)
Short-term bearish tone; longer-term neutral
✅ Strategy: 1.3740 is key resistance. Break below 1.3680 validates downside scenario.
💱 Cross Pairs & Other Assets
EUR/JPY (172.09) / GBP/JPY (198.88) / AUD/JPY (96.24)
Short-term selling pressure; daily charts remain bullish
✅ Strategy: Buy on dips with defense levels at 170.80 (EUR/JPY) and 197.00 (GBP/JPY).
CAD/JPY (107.71) / CHF/JPY (184.63) / NZD/JPY (88.10)
Yen-weakness bias intact, but risk of short-term pullback
✅ Strategy: Maintain dip buying with support zones: 107.00, 184.00, and 88.00.
XAU/USD (Gold – 3,365.89)
Overall bullish bias intact
✅ Strategy: Buy near 3,350 support. Break above 3,380 opens the door for further upside.
BTC/USD (118,580)
Mixed short-term signals; daily bias bullish
✅ Strategy: Buy dips while 118,000 holds. Break above 121,000 targets 125,000.
🚀 Key Trade Ideas
🔼 Buy Opportunities (Dip-Buying / Bullish Continuation)
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EUR/USD, GBP/USD, AUD/USD (strong bullish control)
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Crosses: EUR/JPY, GBP/JPY, AUD/JPY
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XAU/USD, BTC/USD (buy after confirming support)
🔽 Sell Opportunities (Short-Term Pullbacks)
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USD/CAD, USD/CHF (sell on rallies)
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USD/NZD (short-term downside bias)
📌 Key Levels to Watch
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EUR/USD: Support 1.1620, Resistance 1.1680
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USD/JPY: Caution on break below 147.50; heavy resistance near 148.50
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XAU/USD: Support 3,350, breakout above 3,380 triggers next leg higher
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BTC/USD: Holding 118,000 keeps bullish momentum; breakout above 121,000 targets 125,000
