πŸ“Š Technical Analysis & Trade Strategy Summary – August 5, 2025

πŸ“Š Technical Analysis & Trade Strategy Summary – August 5, 2025


🏦 Major Currency Pairs

EUR/USD (1.1544)

Short-term rebound, but daily chart remains weak.
βœ… Strategy: Watch for selling opportunities around 1.1550–60. 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.
βœ… Strategy: Buy dips above 148.00; caution if price drops below 147.00–147.30.

GBP/USD (1.3279)

Selling pressure remains dominant.
βœ… Strategy: Favor selling near 1.3300. A break below 1.3200 may accelerate losses.

AUD/USD (0.6458)

Persistent bearish bias.
βœ… Strategy: Sell the rally near 0.6480–90. Watch 0.6420 as a key downside level.

USD/CAD (1.3801)

Buy-the-dip bias remains intact.
βœ… Strategy: Buy around 1.3770–80, aiming for breakout above 1.3830 to confirm trend resumption.


πŸ’± Cross Yen & Other Assets

EUR/JPY (170.40)

Bullish short-term bias, but daily still under pressure.
βœ… Strategy: Look to buy dips near 170.00–170.20. A break below 169.80 may trigger a pullback.

GBP/JPY (196.01)

Choppy and volatile price action.
βœ… Strategy: Sell into rallies around 196.20–196.50.

AUD/JPY (95.33)

Short-term strength capped by daily resistance.
βœ… Strategy: Longs above 95.80. Exit if price drops below 95.00.

CAD/JPY (106.97)

Uptrend holding.
βœ… 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.
βœ… Strategy: Support zone around 182.00. Watch for bullish continuation if reclaiming 183.00+.


πŸͺ™ Commodities & Crypto

XAU/USD (Gold: 3,352.53)

Bearish pressure persists.
βœ… 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.
βœ… Strategy: Watch 115,000–116,000 for breakout potential. 113,500 acts as key support.


πŸš€ Strategic Focus (Late Aug 5, 2025)

πŸ”Ό Buy Opportunities (Dip / Continuation)

  • USD/CAD, USD/NZD, CHF/JPY (Strong dollar and franc bias)

  • EUR/JPY, CAD/JPY (Short-term technical recovery)

  • BTC/USD (Medium-term long setup)

πŸ”½ Sell Opportunities (Pullback / Short-term)

  • EUR/USD, GBP/USD, AUD/USD (Rally selling setup)

  • NZD/CAD (Broad weakness continues)

  • XAU/USD (Gold: short-term bearish reversal continues)


πŸ“Œ Key Technical Levels

  • EUR/USD: Break above 1.1550 turns trend; below 1.1500 increases downside risk

  • USD/JPY: Above 148.00 = bullish continuation; below 147.00 = corrective phase

  • XAU/USD: Heavy resistance at 3,360–3,370; watch for breakdown below 3,330

  • BTC/USD: Eyes on holding 115,500 and breakout over 116,000

More Insights