Technical Analysis – January 20, 2025
Currency Pairs and Commodities Ranked by Liquidity
Strength and Weakness Overview (By Liquidity)
EUR/USD
- 5-Min Chart: Strong Buy
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Strong Sell
USD/JPY
- 5-Min Chart: Buy
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- 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 Sell
- 15-Min Chart: Strong Sell
- 1-Hour Chart: Strong Sell
- Daily Chart: Sell
USD/CAD
- 5-Min Chart: Neutral
- 15-Min Chart: Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Strong Buy
USD/CHF
- 5-Min Chart: Strong Buy
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Strong Buy
USD/NZD
- 5-Min Chart: Sell
- 15-Min Chart: Neutral
- 1-Hour Chart: Sell
- Daily Chart: Buy
EUR/JPY
- 5-Min Chart: Strong Buy
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Strong Sell
GBP/JPY
- 5-Min Chart: Strong Buy
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Strong Sell
AUD/JPY
- 5-Min Chart: Neutral
- 15-Min Chart: Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Strong Sell
CAD/JPY
- 5-Min Chart: Buy
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Strong Sell
CHF/JPY
- 5-Min Chart: Sell
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Strong Sell
XAU/USD (Gold)
- 5-Min Chart: Neutral
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Strong Buy
NZD/JPY
- 5-Min Chart: Neutral
- 15-Min Chart: Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Strong Sell
EUR/GBP
- 5-Min Chart: Neutral
- 15-Min Chart: Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Strong Buy
EUR/AUD
- 5-Min Chart: Strong Buy
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Buy
NZD/CAD
- 5-Min Chart: Sell
- 15-Min Chart: Neutral
- 1-Hour Chart: Strong Buy
- Daily Chart: Buy
BTC/USD (Bitcoin)
- 5-Min Chart: Strong Buy
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Strong Buy
Key Features and Analysis
Short-Term Charts (5-Min, 15-Min)
- EUR/USD, GBP/USD, and XAU/USD (Gold): Strong buy signals dominate, indicating robust short-term upward momentum.
- AUD/USD, USD/NZD, and Yen Crosses (CHF/JPY, NZD/JPY): Weakness persists across short-term charts.
1-Hour Charts
- USD/CAD, USD/CHF, and BTC/USD (Bitcoin): Continued strong buying momentum, signaling potential bullish breakout.
- AUD/USD, USD/NZD, and Yen Crosses (CHF/JPY, AUD/JPY): Maintain bearish trends, reflecting market caution or risk-off sentiment.
Daily Charts
- XAU/USD, EUR/AUD, and BTC/USD: Strong buy signals remain intact, suggesting sustained longer-term upward trends.
- EUR/USD, GBP/USD, and Yen Crosses (EUR/JPY, GBP/JPY): Weakness continues to dominate, pointing to downward pressure.
This analysis underscores significant buying opportunities in USD/CAD, XAU/USD, and BTC/USD, while highlighting caution for AUD/USD and Yen crosses due to prevailing bearish sentiment.