Technical Analysis – January 15, 2025
Strength Overview (Ranked by Trading Volume/Liquidity)
EUR/USD
- 5-min Chart: Neutral
- 15-min Chart: Neutral
- 1-hour Chart: Strong Buy
- Daily Chart: Strong Sell
USD/JPY
- 5-min Chart: Buy
- 15-min Chart: Strong Sell
- 1-hour Chart: Strong Sell
- Daily Chart: Neutral
GBP/USD
- 5-min Chart: Strong Buy
- 15-min Chart: Strong Buy
- 1-hour Chart: Strong Buy
- Daily Chart: Strong Sell
AUD/USD
- 5-min Chart: Strong Buy
- 15-min Chart: Strong Buy
- 1-hour Chart: Strong Buy
- Daily Chart: Strong Sell
USD/CAD
- 5-min Chart: Strong Sell
- 15-min Chart: Strong Sell
- 1-hour Chart: Strong Sell
- Daily Chart: Neutral
USD/CHF
- 5-min Chart: Strong Sell
- 15-min Chart: Strong Sell
- 1-hour Chart: Strong Sell
- Daily Chart: Strong Buy
USD/NZD
- 5-min Chart: Buy
- 15-min Chart: Neutral
- 1-hour Chart: Strong Sell
- Daily Chart: Strong Buy
EUR/JPY
- 5-min Chart: Strong Buy
- 15-min Chart: Sell
- 1-hour Chart: Strong Sell
- Daily Chart: Strong Sell
GBP/JPY
- 5-min Chart: Strong Buy
- 15-min Chart: Buy
- 1-hour Chart: Strong Sell
- Daily Chart: Strong Sell
AUD/JPY
- 5-min Chart: Strong Buy
- 15-min Chart: Neutral
- 1-hour Chart: Strong Sell
- Daily Chart: Strong Sell
CAD/JPY
- 5-min Chart: Strong Buy
- 15-min Chart: Neutral
- 1-hour Chart: Strong Sell
- Daily Chart: Neutral
CHF/JPY
- 5-min Chart: Strong Buy
- 15-min Chart: Neutral
- 1-hour Chart: Strong Sell
- Daily Chart: Strong Sell
XAU/USD (Gold)
- 5-min Chart: Buy
- 15-min Chart: Strong Buy
- 1-hour Chart: Strong Buy
- Daily Chart: Strong Buy
NZD/JPY
- 5-min Chart: Neutral
- 15-min Chart: Strong Sell
- 1-hour Chart: Strong Sell
- Daily Chart: Strong Sell
EUR/GBP
- 5-min Chart: Strong Sell
- 15-min Chart: Strong Sell
- 1-hour Chart: Sell
- Daily Chart: Strong Buy
EUR/AUD
- 5-min Chart: Strong Sell
- 15-min Chart: Strong Sell
- 1-hour Chart: Strong Sell
- Daily Chart: Neutral
NZD/CAD
- 5-min Chart: Strong Sell
- 15-min Chart: Sell
- 1-hour Chart: Strong Buy
- Daily Chart: Strong Sell
BTC/USD (Bitcoin)
- 5-min Chart: Strong Sell
- 15-min Chart: Strong Sell
- 1-hour Chart: Neutral
- Daily Chart: Strong Buy
Key Observations and Analysis
Short-Term Charts (5-min and 15-min)
- GBP/USD, AUD/USD, and XAU/USD (Gold) display strong short-term buy signals, reflecting risk-on sentiment.
- Yen pairs (USD/JPY, EUR/JPY, GBP/JPY) continue to show weakness.
1-Hour Charts
- EUR/USD, GBP/USD, and AUD/USD show strong buy momentum.
- USD/NZD, EUR/JPY, and NZD/JPY continue with strong sell signals.
Daily Charts
- USD/CHF, USD/NZD, and XAU/USD maintain strong buy trends.
- EUR/USD, GBP/USD, and AUD/USD remain weak on the daily timeframe.
- BTC/USD has shifted to strong buy, indicating a potential end to the consolidation phase.
Summary
The market shows a mix of trends across timeframes:
- Short-term strength in GBP/USD, AUD/USD, and XAU/USD suggests risk-on appetite.
- Yen pairs exhibit persistent weakness, though some short-term buying signals emerge.
- Gold continues to stand out with strength across all timeframes, suggesting it remains a safe-haven choice.
- BTC/USD signals a potential bullish breakout on the daily chart, with shorter timeframes showing consolidation.
Monitor key levels closely to align with prevailing market trends.
