πŸ“Š Technical Analysis & Trade Strategy Summary – Friday, April 11, 2025

 

πŸ“Š Technical Analysis & Trade Strategy Summary – Friday, April 11, 2025

Currency pairs and instruments listed in order of market liquidity.


🏦 Major Currency Pairs

EUR/USD (1.1351)

  • πŸ“‰ 5-min & 15-min: Bearish
  • πŸ“ˆ 1H & Daily: Strong Bullish
    βœ… Strategy: While short-term is correcting, the daily trend remains strong. Consider buying dips around 1.1300–1.1320.

USD/JPY (142.83)

  • πŸ“‰ Bearish across timeframes (especially medium-to-long term)
    βœ… Strategy: JPY strength continues. 143.20–143.40 remains a key sell-on-rally zone.

GBP/USD (1.3076)

  • πŸ“‰ Short-Term: Bearish to Neutral
  • πŸ“ˆ Mid-to-Long Term: Strong Bullish
    βœ… Strategy: Support seen around 1.3030–1.3040. Continue buy-on-dip strategy.

AUD/USD (0.6234)

  • πŸ“ˆ Short-Term: Strong Bullish
  • πŸ“‰ Daily: Bearish
    βœ… Strategy: Break above 0.6250 is key for trend continuation. Exercise caution on the daily timeframe.

USD/CAD (1.3915)

  • πŸ“‰ 1H & Daily: Strong Bearish
  • πŸ“ˆ Some intraday buying pressure
    βœ… Strategy: Favor selling rebounds around 1.3950–1.3970. CAD strength is picking up.

USD/CHF (0.8186)

  • πŸ“ˆ Short-Term: Bullish
  • πŸ“‰ Mid-to-Long Term: Strong Bearish
    βœ… Strategy: Use a split approach β€” buy short-term, sell on rallies longer term.

USD/NZD (1.7232)

  • πŸ“ˆ Short-Term: Bullish to Neutral
  • πŸ“‰ Mid-to-Long Term: Strong Bearish
    βœ… Strategy: 1.7260 is a pivot level. Primary view remains bearish on rallies.

πŸ’± Cross-Yen Pairs

EUR/JPY (162.13)

  • πŸ“‰ Short-Term: Strong Bearish / πŸ“ˆ Daily: Bullish
    βœ… Strategy: Daily bias is bullish, but wait for a breakout above 162.50.

GBP/JPY (186.76)

  • πŸ“‰ All Timeframes: Strong Bearish
    βœ… Strategy: Look to sell rallies. Best zone to enter shorts is near 188.00.

AUD/JPY (89.03)

  • πŸ“ˆ Short-Term: Bullish / πŸ“‰ Mid-to-Long Term: Bearish
    βœ… Strategy: Longs valid above 89.30; otherwise, fade the move for short setup.

CAD/JPY (102.66)

  • πŸ“‰ All Timeframes: Strong Bearish
    βœ… Strategy: 102.80–103.00 is a sell zone. Room for further downside.

CHF/JPY (174.49)

  • πŸ“‰ Short-Term: Bearish / πŸ“ˆ Daily: Strong Bullish
    βœ… Strategy: In dip-buying phase. Watch for entries around 173.80–174.00.

NZD/JPY (82.88)

  • πŸ“ˆ Short-Term to 1H: Bullish / πŸ“‰ Daily: Strong Bearish
    βœ… Strategy: Short-term rebound underway. Long above 83.20, but watch for rejection on the daily.

🌟 Other Assets

XAU/USD (Gold) – 3,216.47

  • πŸ“ˆ Mid-to-Long Term: Strong Bullish
  • πŸ“Š Short-Term: Neutral to Bullish (losing momentum)
    βœ… Strategy: Profit-taking around 3,200+. Look to re-enter below 3,180.

EUR/GBP (0.8682)

  • πŸ“ˆ Mid-to-Long Term: Bullish
  • πŸ“‰ Short-Term: Slightly Bearish
    βœ… Strategy: Buy dips to target above 0.87.

EUR/AUD (1.8212)

  • πŸ“‰ Short-Term: Strong Bearish / πŸ“ˆ Daily: Strong Bullish
    βœ… Strategy: Wait for confirmation above 1.8170 support for reentry. Stay cautious if it breaks lower.

NZD/CAD (0.8074)

  • πŸ“ˆ Short-Term to 1H: Strong Bullish / πŸ“‰ Daily: Bearish
    βœ… Strategy: Continue short-term longs with caution near 0.8080–0.8100 resistance.

BTC/USD (82,593.0)

  • πŸ“ˆ Short-Term to 1H: Strong Bullish / πŸ“‰ Daily: Bearish
    βœ… Strategy: Stay long above 83,000. Cut losses below 82,000.

βœ… Trade Strategy Summary – April 11, 2025

πŸ”Ό Long (Buy-the-Dip) Candidates

  • EUR/USD (Buy dips in 1.1300–1.1350 zone)
  • GBP/USD (Buy near 1.3000 support)
  • AUD/USD (Buy near 0.6225)
  • CHF/JPY (Buy on dips near 173.80–174.00)
  • XAU/USD (Gold) (Re-enter near 3,180–3,200)
  • BTC/USD (Buy while above 82,000)

πŸ”½ Short (Sell-the-Rally) Candidates

  • USD/JPY (Sell rallies in 143.20–143.80)
  • GBP/JPY, CAD/JPY, AUD/JPY (Cross-yen broadly weak)
  • USD/CAD (Fade rallies near 1.3960)
  • USD/CHF (Sell near 0.8250)
  • USD/NZD (Watch for weakness above 1.7280)

βš–οΈ Pairs Requiring Split-Timeframe Strategy

  • EUR/AUD, NZD/CAD, USD/CHF, AUD/USD
    β†’ Best approached by separating short-term scalping and longer-term swing setups.

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