〇 Technical Analysis – January 29, 2025
Below is the technical analysis for major currency pairs and assets, ranked by liquidity.
Strength/Weakness Overview (Ranked by Liquidity)
Major Currency Pairs
EUR/USD
📉 5-min: Strong Sell
📉 15-min: Strong Sell
📉 1-hour: Strong Sell
📉 Daily: Strong Sell
USD/JPY
📉 5-min: Sell
📈 15-min: Strong Buy
🔄 1-hour: Neutral
📉 Daily: Sell
GBP/USD
📉 5-min: Strong Sell
📉 15-min: Strong Sell
📉 1-hour: Strong Sell
🔄 Daily: Neutral
AUD/USD
📉 5-min: Strong Sell
📉 15-min: Strong Sell
📉 1-hour: Strong Sell
📉 Daily: Strong Sell
USD/CAD
📈 5-min: Strong Buy
📈 15-min: Strong Buy
📈 1-hour: Strong Buy
📈 Daily: Strong Buy
USD/CHF
📈 5-min: Strong Buy
📈 15-min: Strong Buy
📈 1-hour: Strong Buy
🔄 Daily: Neutral
USD/NZD
📈 5-min: Buy
📈 15-min: Strong Buy
📈 1-hour: Strong Buy
🔄 Daily: Neutral
Cross-Yen Pairs
EUR/JPY
📉 5-min: Strong Sell
📉 15-min: Strong Sell
📉 1-hour: Strong Sell
📉 Daily: Sell
GBP/JPY
📉 5-min: Strong Sell
📉 15-min: Strong Sell
📉 1-hour: Strong Sell
📉 Daily: Strong Sell
AUD/JPY
📉 5-min: Strong Sell
📉 15-min: Strong Sell
📉 1-hour: Strong Sell
📉 Daily: Strong Sell
CAD/JPY
📉 5-min: Strong Sell
📉 15-min: Strong Sell
📉 1-hour: Strong Sell
📉 Daily: Strong Sell
CHF/JPY
📉 5-min: Strong Sell
📉 15-min: Strong Sell
📉 1-hour: Strong Sell
📉 Daily: Strong Sell
Other Assets
XAU/USD (Gold)
📉 5-min: Strong Sell
📉 15-min: Strong Sell
📉 1-hour: Sell
📈 Daily: Strong Buy
NZD/JPY
📉 5-min: Strong Sell
📉 15-min: Strong Sell
📉 1-hour: Strong Sell
📉 Daily: Strong Sell
EUR/GBP
📉 5-min: Strong Sell
📉 15-min: Strong Sell
📉 1-hour: Strong Sell
📉 Daily: Sell
EUR/AUD
📈 5-min: Strong Buy
📈 15-min: Strong Buy
📈 1-hour: Strong Buy
📈 Daily: Strong Buy
NZD/CAD
🔄 5-min: Neutral
📉 15-min: Strong Sell
📉 1-hour: Strong Sell
🔄 Daily: Neutral
BTC/USD (Bitcoin)
📉 5-min: Strong Sell
🔄 15-min: Neutral
🔄 1-hour: Neutral
📈 Daily: Buy
Key Trends & Analysis
Short-Term (5-min & 15-min Charts)
- EUR/USD, GBP/USD, AUD/USD, and Cross-Yen Pairs show strong selling pressure.
→ Risk aversion is driving strong yen buying. - USD/CAD, USD/CHF, and USD/NZD show strong buying pressure.
→ The US dollar and Swiss franc are in demand.
1-Hour Chart
- USD/CAD, USD/CHF, and USD/NZD continue to show strong buying momentum.
→ Weakness in CAD and NZD against USD remains evident. - EUR/USD, GBP/USD, AUD/USD, and cross-yen pairs remain weak.
→ Risk-off sentiment persists.
Daily Chart
- XAU/USD (Gold) is turning into a strong buy.
→ Gold is gaining safe-haven demand amid market instability. - EUR/USD, GBP/USD, and EUR/GBP remain under selling pressure.
→ The US dollar remains resilient. - BTC/USD (Bitcoin) remains a buy on the daily chart but remains unstable in the short term.
Overall Market Sentiment
📈 Strong Buying Assets
- USD/CAD, USD/CHF, USD/NZD (USD and CHF remain strong)
- EUR/AUD (Euro shows strength against AUD)
- XAU/USD (Gold) (Safe-haven demand is increasing)
- BTC/USD (Bitcoin) (Long-term buying pressure remains)
📉 Strong Selling Assets
- EUR/USD, GBP/USD, AUD/USD (Major currency pairs remain weak)
- Cross-Yen Pairs (EUR/JPY, GBP/JPY, AUD/JPY, CAD/JPY, CHF/JPY, NZD/JPY; strong yen buying pressure)
- NZD/CAD (Short to mid-term selling pressure)
📌 Trading Strategies
- Short-term trades: Buy USD/CAD, USD/CHF, USD/NZD; sell EUR/USD, GBP/USD on pullbacks.
- Mid-term trades: Buy Gold (XAU/USD) on dips, and consider long positions in EUR/AUD.
- Long-term trades: Look for Bitcoin (BTC/USD) buying opportunities, but be cautious of volatility.
