π Technical Analysis & Trade Strategy β May 14, 2025 (Wednesday)
π¦ Major Currency Pairs
EUR/USD (1.1262)
- 5minβ1H: Strong Buy | Daily: Neutral
β Strategy: Uptrend continues, but resistance near 1.1270β80. Focus on profit-taking, consider dip-buying.
USD/JPY (145.80)
- All timeframes: Strong Sell | Daily: Neutral
β Strategy: Sell on rebounds. 146.00β146.30 is heavy resistance; watch for renewed downside.
GBP/USD (1.3359)
- All timeframes: Strong Buy
β Strategy: Clear uptrend. 1.3400 is the next target; buy on dips.
AUD/USD (0.6497)
- All timeframes: Strong Buy
β Strategy: Take profits around 0.6500, but continue dip-buying in the short term.
USD/CAD (1.3905)
- 5minβ1H: Strong Sell | Daily: Neutral
β Strategy: Watch for accelerated selling below 1.3880β1.3900. Favor sell-on-rebound strategy.
USD/CHF (0.8334)
- All timeframes: Strong Sell | Daily: Neutral
β Strategy: Continue selling on rebounds below 0.8350. Beware of short-term bounces.
USD/NZD (1.6769)
- All timeframes: Strong Sell
β Strategy: Downtrend remains intact. Favor sell-on-rally below 1.6800.
π± Cross Yen Pairs
EUR/JPY (164.20)
- 5minβ1H: Strong Sell | Daily: Strong Buy
β Strategy: Key battle near 164.00. Favor selling on rallies unless price breaks above 164.80.
GBP/JPY (194.77)
- 5minβ1H: Strong Sell | Daily: Strong Buy
β Strategy: Bearish bias below 195.00, but watch for dip-buying. Risk of short-term reversal.
AUD/JPY (94.71)
- 5minβ1H: Strong Sell | Daily: Strong Buy
β Strategy: Short-term selling favored. 94.30 is key supportβbreak may trigger further decline.
CAD/JPY (104.86)
- 5minβ1H: Strong Sell | Daily: Buy
β Strategy: Selling dominates short term. Watch for support around 104.50.
CHF/JPY (174.94)
- 5minβ1H: Strong Sell | Daily: Strong Buy
β Strategy: Correction in progress. A break above 175.00 could shift momentum upward.
π Other Assets
XAU/USD (Gold) β 3,232.03
- 5minβ1H: Strong Sell | Daily: Sell
β Strategy: Be cautious of rebounds. A drop below $3,220 could trigger renewed downside.
NZD/JPY (86.96)
- All timeframes: Strong Sell | Daily: Strong Buy
β Strategy: Short-term bearish. Trend could reverse above 87.30.
EUR/GBP (0.8431)
- 5minβ1H: Strong Buy | Daily: Strong Sell
β Strategy: Short-term rebound possible, but selling bias remains below 0.8450.
EUR/AUD (1.7337)
- 5minβ1H: Strong Buy | Daily: Strong Sell
β Strategy: Short-term gains continue. Consider profit-taking above 1.7350. Watch for trend reversal.
NZD/CAD (0.8293)
- All timeframes: Strong Buy
β Strategy: Uptrend remains. Monitor reactions around 0.8300 for resistance.
BTC/USD (103,270.0)
- 5minβ1H: Strong Sell | Daily: Strong Buy
β Strategy: Watch for a drop below $103,000. Continue buying dips, but prioritize profit-taking.
π Highlighted Strategies for Today
πΌ Buy Setups:
- GBP/USD
- AUD/USD
- EUR/AUD (short-term)
- NZD/CAD
- BTC/USD (daily)
π½ Sell Setups:
- USD/JPY
- USD/CAD
- USD/CHF
- AUD/JPY (short-term)
- XAU/USD (Gold)