π Technical Analysis & Trade Strategy Summary (Friday, April 18, 2025)
π¦ Major Currency Pairs
EUR/USD (1.1375)
- β Strong Buy across all timeframes
- π Strategy: Continue long from dips near 1.1350β60. Targeting 1.1400β1.1450.
USD/JPY (142.36)
- β Strong Sell across all timeframes
- π Strategy: Stick with sell-on-rallies. 143 area is a shorting opportunity. Next downside target: 141.70β80.
GBP/USD (1.3275)
- β Strong Buy across all timeframes
- π Strategy: Maintain longs in mid-to-long term. Support at 1.3250, aiming for 1.3350β1.3400.
AUD/USD (0.6375)
- β Strong Buy from short to daily timeframes
- π Strategy: Buy the dip around 0.6350. Near-term target: 0.6400.
USD/CAD (1.3856)
- β Strong Sell across all timeframes
- π Strategy: Look to short around 1.3880β90.
USD/CHF (0.8187)
- β Sell to Strong Sell across timeframes
- π Strategy: 0.8200β0.8220 is a sell zone. A break below 0.8150 may trigger acceleration.
USD/NZD (1.6741)
- β Strong Sell across all timeframes
- π Strategy: Continue short. 1.6800+ is a sell opportunity.
π± Cross Yen Pairs
EUR/JPY (161.89)
- β Strong Buy across all timeframes
- π Strategy: Break above 162.50 could push higher. Favor buying dips.
GBP/JPY (188.97)
- π Short-term Buy / π Daily Sell
- βοΈ Strategy: 189.50 is key. Failure to break may lead to correction.
AUD/JPY (90.74)
- π Mixed (Buy short-term / Sell daily)
- βοΈ Strategy: Break above 91.00 confirms bullish. Below it, risk of pullback.
CAD/JPY (102.76)
- π Short-term Buy / π Strong Daily Sell
- βοΈ Strategy: 103.00β103.30 is a key resistance/sell zone. Watch 102 range closely.
CHF/JPY (173.85)
- π Long-term Buy / π Short-term Neutral
- π Strategy: Hold longs above 174.00. 175 is the next target.
NZD/JPY (84.44)
- β Sell from short to mid-term
- π Strategy: Favor selling unless it breaks above 85.00.
π Other Assets
XAU/USD (Gold) 3,327.11
- β Strong Buy across all timeframes
- π Strategy: Continue buying in this all-time high zone. Next targets: 3,340β3,360.
EUR/GBP (0.8569)
- π Short-term Sell / π Daily Buy
- βοΈ Strategy: Above 0.8600 shifts to buy. Below 0.8540, sell pressure increases.
EUR/AUD (1.7843)
- π Short-term Sell / π Daily Buy
- βοΈ Strategy: 1.7800 is key support. A break lower extends downside; bounce favors long.
NZD/CAD (0.8218)
- β Short-term Strong Sell / π Daily Buy
- βοΈ Strategy: High volatility. 0.8250 is an ideal shorting zone on a rally.
BTC/USD (84,391.0)
- π Short-term Strong Sell / π Daily Buy
- βοΈ Strategy: Support lies at 83,800β84,000. Above 85,000 confirms bullish continuation.
β Trade Strategy Summary (April 18, 2025)
πΌ Top Buy Setups
- EUR/USD, GBP/USD, AUD/USD, XAU/USD (Gold)
- EUR/JPY, CHF/JPY, NZD/CAD (mid-term)
π½ Top Sell Setups
- USD/JPY, USD/CAD, USD/CHF, USD/NZD
- NZD/JPY, CAD/JPY (mid-to-long term)
βοΈ Pairs Needing Split Strategy (Different Direction by Timeframe)
- EUR/AUD, NZD/CAD, GBP/JPY, AUD/JPY, EUR/GBP, BTC/USD