π Technical Analysis & Trade Strategy Summary β Friday, April 11, 2025
Currency pairs and instruments listed in order of market liquidity.
π¦ Major Currency Pairs
EUR/USD (1.1351)
- π 5-min & 15-min: Bearish
- π 1H & Daily: Strong Bullish
β Strategy: While short-term is correcting, the daily trend remains strong. Consider buying dips around 1.1300β1.1320.
USD/JPY (142.83)
- π Bearish across timeframes (especially medium-to-long term)
β Strategy: JPY strength continues. 143.20β143.40 remains a key sell-on-rally zone.
GBP/USD (1.3076)
- π Short-Term: Bearish to Neutral
- π Mid-to-Long Term: Strong Bullish
β Strategy: Support seen around 1.3030β1.3040. Continue buy-on-dip strategy.
AUD/USD (0.6234)
- π Short-Term: Strong Bullish
- π Daily: Bearish
β Strategy: Break above 0.6250 is key for trend continuation. Exercise caution on the daily timeframe.
USD/CAD (1.3915)
- π 1H & Daily: Strong Bearish
- π Some intraday buying pressure
β Strategy: Favor selling rebounds around 1.3950β1.3970. CAD strength is picking up.
USD/CHF (0.8186)
- π Short-Term: Bullish
- π Mid-to-Long Term: Strong Bearish
β Strategy: Use a split approach β buy short-term, sell on rallies longer term.
USD/NZD (1.7232)
- π Short-Term: Bullish to Neutral
- π Mid-to-Long Term: Strong Bearish
β Strategy: 1.7260 is a pivot level. Primary view remains bearish on rallies.
π± Cross-Yen Pairs
EUR/JPY (162.13)
- π Short-Term: Strong Bearish / π Daily: Bullish
β Strategy: Daily bias is bullish, but wait for a breakout above 162.50.
GBP/JPY (186.76)
- π All Timeframes: Strong Bearish
β Strategy: Look to sell rallies. Best zone to enter shorts is near 188.00.
AUD/JPY (89.03)
- π Short-Term: Bullish / π Mid-to-Long Term: Bearish
β Strategy: Longs valid above 89.30; otherwise, fade the move for short setup.
CAD/JPY (102.66)
- π All Timeframes: Strong Bearish
β Strategy: 102.80β103.00 is a sell zone. Room for further downside.
CHF/JPY (174.49)
- π Short-Term: Bearish / π Daily: Strong Bullish
β Strategy: In dip-buying phase. Watch for entries around 173.80β174.00.
NZD/JPY (82.88)
- π Short-Term to 1H: Bullish / π Daily: Strong Bearish
β Strategy: Short-term rebound underway. Long above 83.20, but watch for rejection on the daily.
π Other Assets
XAU/USD (Gold) β 3,216.47
- π Mid-to-Long Term: Strong Bullish
- π Short-Term: Neutral to Bullish (losing momentum)
β Strategy: Profit-taking around 3,200+. Look to re-enter below 3,180.
EUR/GBP (0.8682)
- π Mid-to-Long Term: Bullish
- π Short-Term: Slightly Bearish
β Strategy: Buy dips to target above 0.87.
EUR/AUD (1.8212)
- π Short-Term: Strong Bearish / π Daily: Strong Bullish
β Strategy: Wait for confirmation above 1.8170 support for reentry. Stay cautious if it breaks lower.
NZD/CAD (0.8074)
- π Short-Term to 1H: Strong Bullish / π Daily: Bearish
β Strategy: Continue short-term longs with caution near 0.8080β0.8100 resistance.
BTC/USD (82,593.0)
- π Short-Term to 1H: Strong Bullish / π Daily: Bearish
β Strategy: Stay long above 83,000. Cut losses below 82,000.
β Trade Strategy Summary β April 11, 2025
πΌ Long (Buy-the-Dip) Candidates
- EUR/USD (Buy dips in 1.1300β1.1350 zone)
- GBP/USD (Buy near 1.3000 support)
- AUD/USD (Buy near 0.6225)
- CHF/JPY (Buy on dips near 173.80β174.00)
- XAU/USD (Gold) (Re-enter near 3,180β3,200)
- BTC/USD (Buy while above 82,000)
π½ Short (Sell-the-Rally) Candidates
- USD/JPY (Sell rallies in 143.20β143.80)
- 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)
βοΈ 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.