📊 Technical Analysis & Trade Strategy Summary – August 6, 2025
🏦 Major Currency Pairs
EUR/USD (1.1608)
Buy signals dominate; daily chart remains neutral.
✅ Strategy: Watch for selling pressure near 1.1620–30. As long as above 1.1580, buying on dips remains favored.
USD/JPY (147.47)
Selling signals are dominant across timeframes.
✅ Strategy: A break below 147.00 supports continued selling; caution on reversal if price recovers above 148.00.
GBP/USD (1.3318)
Medium-term remains bullish, but daily shows profit-taking pressure.
✅ Strategy: Resistance expected at 1.3340–50. Reassess buy entries if price falls below 1.3280.
AUD/USD (0.6504)
Strong buying continues, though stalling in higher range.
✅ Strategy: Watch for potential selling around 0.6520–30. Buy bias remains while supported above 0.6480.
USD/CAD (1.3756)
Downtrend persists, but downside seems firm.
✅ Strategy: Support zone at 1.3730–50. Sell again near 1.3800 if bounce stalls.
💱 Crosses & Other Assets
EUR/JPY (171.18)
Short-term buying strength recovering.
✅ Strategy: Continue longs above low 171s. Be cautious if below 170.50.
GBP/JPY (196.40)
Lacks clear direction, but buying interest on dips.
✅ Strategy: As long as price holds above low 196s, buyers remain active. Exit below 195.80.
AUD/JPY (95.92)
Sideways consolidation.
✅ Strategy: Reenter long if price settles above 96.00. Avoid trades below 95.30.
CAD/JPY (107.21)
Currently seeking direction.
✅ Strategy: Consider long positions above 107.50. Cut below 106.80.
CHF/JPY (182.76)
Slight downside bias.
✅ Strategy: Sell on rallies unless price regains 183.00. A break below 182.00 may trigger further losses.
🪙 Commodities & Crypto
XAU/USD – Gold (3,365.06)
Daily chart turns bullish; short-term shows minor weakness.
✅ Strategy: 3,370–3,380 acts as a resistance zone. 3,350–3,340 is the support area.
BTC/USD – Bitcoin (114,440)
Bullish trend across short and medium term.
✅ Strategy: A breakout above 115,000 could fuel gains. Breakdown below 113,800 may invite correction.
🚀 Key Trade Setups
🔼 Buy on Dips / Trend Continuation
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EUR/USD, AUD/USD, BTC/USD (firm bullish momentum)
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EUR/JPY, GBP/JPY (yen-selling driven pullbacks)
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XAU/USD (daily chart turning bullish)
🔽 Sell on Rallies / Short-Term Reversal
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USD/JPY, USD/CAD, USD/NZD (signs of renewed USD weakness)
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CHF/JPY, NZD/JPY (favorable for selling into cross-yen rebounds)
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NZD/CAD (maintaining full bearish bias)
📌 Key Levels to Watch
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EUR/USD: Resistance at 1.1620–30; support at 1.1580
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USD/JPY: Below 147.00 could accelerate losses; 148.00 is a pivot point
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XAU/USD: 3,370–3,380 remains heavy; caution below 3,340
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BTC/USD: Breakout continuation above 115,000; support zone at 113,800–114,000
