π Technical Analysis β Wednesday, April 9, 2025
Currency pairs and instruments are listed in order of market liquidity.
π¦ Major Currency Pairs
EUR/USD (1.1044)
π All timeframes: Strong Buy
β
A strong uptrend is in place; buying the dips remains effective.
USD/JPY (144.77)
π All timeframes: Strong Sell
β
Yen strength and dollar weakness persist; sell on rallies is the favored strategy.
GBP/USD (1.2818)
π 5-min & 15-min: Strong Buy
π 1H: Neutral
π Daily: Sell
β οΈ Some short-term support, but longer-term upside remains capped.
AUD/USD (0.6005)
π All timeframes: Sell or Strong Sell
β οΈ Clear downtrend across the board; selling on rallies is advised.
USD/CAD (1.4211)
π All timeframes: Strong Bearish Bias (especially on Daily)
β οΈ CAD strength and USD weakness may continue to dominate.
USD/CHF (0.8397)
π All timeframes: Strong Sell
β
Clear downtrend, continued short positioning is favorable.
USD/NZD (1.7999)
π 5-min, 15-min, Daily: Strong Buy
π 1H: Neutral
β
Long-term uptrend remains intact; watch for dip-buying opportunities.
π± Cross Yen Pairs
EUR/JPY (159.88)
π All timeframes: Sell to Strong Sell
β οΈ Downward momentum driven by yen buying pressure.
GBP/JPY (185.56)
π All timeframes: Strong Sell
β
Clear bearish trend, short bias remains in place.
AUD/JPY (86.94)
π All timeframes: Strong Sell
β
Aussie weakness + yen strength creates a dominant downward setup.
CAD/JPY (101.88)
π All timeframes: Strong Sell
β
Broad-based cross yen weakness continues to dominate.
CHF/JPY (172.42)
π 5-min: Neutral
π 15-min to Daily: Buy to Strong Buy
β
Only cross-yen pair with a consistent bullish trend. Long positions are still valid.
NZD/JPY (80.43)
π All timeframes: Strong Sell
β
Dual weakness from NZD and JPY strength β consistent selling pressure.
π Other Assets
XAU/USD (Gold) β 3,050.75
π 5-min to 1H: Strong Buy
π Daily: Neutral
β οΈ Solid short-term strength, but signs of long-term consolidation may be emerging.
EUR/GBP (0.8617)
π All timeframes: Strong Buy
β
Clear Euro strength over the pound; trend-following long trades remain effective.
EUR/AUD (1.8390)
π 5-min, 15-min, Daily: Strong Buy
π 1H: Neutral
β
Long-term uptrend continues; buying the dip is a good strategy.
NZD/CAD (0.7895)
π 5-min: Buy
π 15-min & 1H: Neutral
π Daily: Strong Sell
β οΈ Long-term bearish trend intact; short-term rebound should be approached cautiously.
BTC/USD (76,422.0)
π All timeframes: Sell to Strong Sell
β
Bearish trend continues with no clear signs of bottoming out.
π Trade Strategy Ideas
π Long Opportunities (Buy Candidates):
-
EUR/USD, EUR/AUD, EUR/GBP
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CHF/JPY, XAU/USD (short-term only)
π Short Opportunities (Sell Candidates):
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USD/JPY, GBP/JPY, AUD/JPY, NZD/JPY
-
BTC/USD, USD/CHF
π Pairs to Watch Carefully (Mixed Signals):
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USD/CAD, GBP/USD (uncertain directional bias)
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NZD/CAD (conflicting signals across timeframes)