πŸ“Š Technical Analysis & Trade Strategy Summary (Monday, April 21, 2025)

 

πŸ“Š Technical Analysis & Trade Strategy Summary (Monday, April 21, 2025)


🏦 Major Currency Pairs

EUR/USD (1.1527)

  • ⏱ Short-term: Bearish / πŸ“ˆ Mid-to-Long Term: Strong Bullish
    βœ… Strategy: 1.1500 is a key support. Favor buying the dip. Targeting a move above 1.1600.

USD/JPY (140.84)

  • πŸ“‰ Mid-to-Long Term: Strong Bearish
    βœ… Strategy: 141.20–141.50 is a sell-on-rally zone. Next downside target: below 140.00.

GBP/USD (1.3390)

  • πŸ“ˆ Hourly to Daily: Strong Bullish / πŸ“‰ Short-term: Bearish
    βœ… Strategy: Maintain long positions above 1.3350. Targeting 1.3450.

AUD/USD (0.6421)

  • πŸ“ˆ Mid-to-Long Term: Strong Bullish / πŸ“‰ Short-term: Bearish
    βœ… Strategy: 0.6380 is support. Long bias holds on rebound. Cut if support breaks.

USD/CAD (1.3803)

  • πŸ“‰ Mid-to-Long Term: Strong Bearish / πŸ“ˆ Short-term: Strong Bullish
    βœ… Strategy: 1.3840 is a key resistance. Consider shifting bias if broken.

USD/CHF (0.8070)

  • πŸ“‰ Bearish across all timeframes
    βœ… Strategy: 0.8100 is the sell zone. 0.8000 is the key psychological level.

USD/NZD (1.6741)

  • πŸ“‰ Mid-to-Long Term: Strong Bearish
    βœ… Strategy: Look to add shorts around 1.6780–1.6800.

πŸ’± Cross JPY Pairs

EUR/JPY (162.34)

  • πŸ“ˆ Hourly to Daily: Strong Bullish / ⏱ Short-term: Bearish
    βœ… Strategy: Holding above 162 supports continuation toward 163.00.

GBP/JPY (188.60)

  • πŸ“ˆ Short-to-Hourly: Bullish / πŸ“‰ Daily: Strong Bearish
    βœ… Strategy: Buy above 189.00 with caution. Downside risks remain.

AUD/JPY (90.44)

  • πŸ“‰ Mid-to-Long Term: Bearish
    βœ… Strategy: 90.80 is resistance. Favor selling rallies.

CAD/JPY (102.04)

  • πŸ“‰ Hourly to Daily: Strong Bearish
    βœ… Strategy: 102.50–103.00 is a sell zone.

CHF/JPY (174.55)

  • πŸ“ˆ Mid-to-Long Term: Strong Bullish
    βœ… Strategy: Buy dips, aiming for 175.50–176.00.

NZD/JPY (84.58)

  • πŸ“ˆ Hourly: Strong Bullish / ⏱ Short & Daily: Neutral
    βœ… Strategy: Acceleration expected above 85.00. Watch for breakdown below 84.20.

🌟 Other Assets

XAU/USD (Gold) – 3,392.81

  • βœ… Strong Bullish across all timeframes
    πŸ“ˆ Strategy: Trend continuation. Targeting 3,400–3,420.

EUR/GBP (0.8608)

  • πŸ“‰ Short-term: Strong Bearish / πŸ“ˆ Mid-to-Long Term: Strong Bullish
    βœ… Strategy: 0.8590 is key support. Rebound would flip bias to bullish.

EUR/AUD (1.7951)

  • πŸ“ˆ Hourly to Daily: Strong Bullish / πŸ“‰ Short-term: Bearish
    βœ… Strategy: Support at 1.7900–1.7930. Bullish breakout above 1.8000.

NZD/CAD (0.8289)

  • πŸ“ˆ Hourly to Daily: Strong Bullish / πŸ“‰ Short-term: Bearish
    βœ… Strategy: Continue to buy dips. 0.8250 is key support.

BTC/USD (87,133.0)

  • πŸ“ˆ Mid-to-Long Term: Bullish / πŸ“‰ Short-term: Bearish
    βœ… Strategy: Support lies between 86,800–87,000. Breakout above 88,000 would confirm upside.

βœ… Trade Strategy Summary (April 21, 2025)

πŸ”Ό Buy Focus

  • EUR/USD, GBP/USD, AUD/USD
  • EUR/JPY, CHF/JPY, XAU/USD (Gold), NZD/CAD
  • BTC/USD (Buy the dip)

πŸ”½ Sell Focus

  • USD/JPY, USD/CAD, USD/CHF, USD/NZD
  • CAD/JPY, AUD/JPY (Sell on rallies)

βš–οΈ Split Strategy Required (Mixed Timeframe Biases)

  • EUR/AUD, EUR/GBP, BTC/USD, NZD/CAD, GBP/JPY

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