π Technical Analysis & Trade Strategy Summary β August 5, 2025
π¦ Major Currency Pairs
EUR/USD (1.1544)
Short-term rebound, but daily chart remains weak.
β
Strategy: Watch for selling opportunities around 1.1550β60. A break below 1.1500 could resume downside pressure.
USD/JPY (147.61)
Weak on the daily chart, but showing signs of recovery short term.
β
Strategy: Buy dips above 148.00; caution if price drops below 147.00β147.30.
GBP/USD (1.3279)
Selling pressure remains dominant.
β
Strategy: Favor selling near 1.3300. A break below 1.3200 may accelerate losses.
AUD/USD (0.6458)
Persistent bearish bias.
β
Strategy: Sell the rally near 0.6480β90. Watch 0.6420 as a key downside level.
USD/CAD (1.3801)
Buy-the-dip bias remains intact.
β
Strategy: Buy around 1.3770β80, aiming for breakout above 1.3830 to confirm trend resumption.
π± Cross Yen & Other Assets
EUR/JPY (170.40)
Bullish short-term bias, but daily still under pressure.
β
Strategy: Look to buy dips near 170.00β170.20. A break below 169.80 may trigger a pullback.
GBP/JPY (196.01)
Choppy and volatile price action.
β
Strategy: Sell into rallies around 196.20β196.50.
AUD/JPY (95.33)
Short-term strength capped by daily resistance.
β
Strategy: Longs above 95.80. Exit if price drops below 95.00.
CAD/JPY (106.97)
Uptrend holding.
β
Strategy: Stay long if holding above 107.00. Caution if it breaks below 106.50.
CHF/JPY (182.20)
Short- and medium-term buy signals remain valid.
β
Strategy: Support zone around 182.00. Watch for bullish continuation if reclaiming 183.00+.
πͺ Commodities & Crypto
XAU/USD (Gold: 3,352.53)
Bearish pressure persists.
β
Strategy: Sell near 3,360 zone. A break below 3,330 opens further downside.
BTC/USD (114,970)
Buyers still in control, but slight correction on the daily.
β
Strategy: Watch 115,000β116,000 for breakout potential. 113,500 acts as key support.
π Strategic Focus (Late Aug 5, 2025)
πΌ Buy Opportunities (Dip / Continuation)
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USD/CAD, USD/NZD, CHF/JPY (Strong dollar and franc bias)
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EUR/JPY, CAD/JPY (Short-term technical recovery)
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BTC/USD (Medium-term long setup)
π½ Sell Opportunities (Pullback / Short-term)
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EUR/USD, GBP/USD, AUD/USD (Rally selling setup)
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NZD/CAD (Broad weakness continues)
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XAU/USD (Gold: short-term bearish reversal continues)
π Key Technical Levels
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EUR/USD: Break above 1.1550 turns trend; below 1.1500 increases downside risk
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USD/JPY: Above 148.00 = bullish continuation; below 147.00 = corrective phase
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XAU/USD: Heavy resistance at 3,360β3,370; watch for breakdown below 3,330
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BTC/USD: Eyes on holding 115,500 and breakout over 116,000