〇 Technical Analysis - January 28, 2025
Strength and Weakness Overview (Ranked by Liquidity)
EUR/USD
- 5-Min Chart: Strong Sell
- 15-Min Chart: Strong Sell
- 1-Hour Chart: Strong Sell
- Daily Chart: Buy
USD/JPY
- 5-Min Chart: Strong Buy
- 15-Min Chart: Neutral
- 1-Hour Chart: Neutral
- Daily Chart: Sell
GBP/USD
- 5-Min Chart: Strong Sell
- 15-Min Chart: Strong Sell
- 1-Hour Chart: Strong Sell
- Daily Chart: Buy
AUD/USD
- 5-Min Chart: Strong Sell
- 15-Min Chart: Strong Sell
- 1-Hour Chart: Strong Sell
- Daily Chart: Strong Sell
USD/CAD
- 5-Min Chart: Strong Buy
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Strong Buy
USD/CHF
- 5-Min Chart: Strong Buy
- 15-Min Chart: Strong Buy
- 1-Hour Chart: Strong Buy
- Daily Chart: Neutral
XAU/USD (Gold)
- 5-Min Chart: Neutral
- 15-Min Chart: Buy
- 1-Hour Chart: Buy
- Daily Chart: Strong Buy
BTC/USD (Bitcoin)
- 5-Min Chart: Neutral
- 15-Min Chart: Neutral
- 1-Hour Chart: Strong Buy
- Daily Chart: Buy
Characteristics and Analysis
Short-Term Charts (5-Min, 15-Min)
- Strong Sell: EUR/USD, GBP/USD, AUD/USD, and Yen pairs (EUR/JPY, GBP/JPY, AUD/JPY).
- Strong Buy: USD/CAD, USD/CHF, USD/NZD.
1-Hour Chart
- Strong Buy: USD/CAD, EUR/AUD, BTC/USD.
- Weak Trends: AUD/USD, CAD/JPY, NZD/JPY.
Daily Chart
- Strong Buy: USD/CAD, EUR/AUD, XAU/USD (Gold).
- Weak Trends: AUD/USD and Yen pairs.
Overall Commentary
Pairs and Assets Showing Strong Buying Signals
- USD/CAD: The uptrend remains robust; look for pullback buy opportunities.
- EUR/AUD: Clear buying momentum; further upside is expected.
- XAU/USD (Gold): Strong demand as a safe-haven asset; daily buy signals persist.
- BTC/USD: Medium to long-term bullish signals; consider entries after pullbacks.
Pairs Under Selling Pressure
- AUD/USD: Weak across all timeframes; ideal for selling on rallies.
- NZD/JPY, CAD/JPY: Persistent selling pressure; heightened downside risks, particularly in risk-off scenarios.
Given the increased market volatility, cautious entries and strict risk management will be crucial this week. Stay adaptive to market changes and align trades with prevailing trends.
