📊 Technical Analysis & Trade Strategy Summary (May 1, 2025)
🏦 Major Currency Pairs
EUR/USD (1.1333)
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5-min to hourly: Bullish bias
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Daily: Neutral
✅ Strategy: Short-term remains bullish. Watch for a breakout above 1.1350. 1.1300 is key support.
USD/JPY (144.23)
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5-min: Strong sell
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15-min to hourly: Buy
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Daily: Buy
✅ Strategy: Resistance seen at 144.50–145. If price fails to break higher, consider selling into strength. If broken, follow through with buying.
GBP/USD (1.3340)
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All timeframes: Strong buy
✅ Strategy: Daily trend remains strong. Look to buy dips. 1.3300 acts as a key support.
AUD/USD (0.6393)
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Hourly: Bearish
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Daily: Strong buy
✅ Strategy: Downtrend pausing. If 0.6380 holds, expect renewed upside.
USD/CAD (1.3813)
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Overall: Bearish bias
✅ Strategy: Short-term selling favored, but watch if 1.3780 holds for a potential rebound.
USD/CHF (0.8264)
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15-min & Daily: Bearish
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Hourly: Bullish
✅ Strategy: No clear trend. A break above 0.8300 could signal resumption of uptrend.
USD/NZD (1.6863)
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15-min to hourly: Bullish
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Daily: Bearish
✅ Strategy: Hold short-term longs. Resistance at 1.6900–1.6920.
💱 Cross JPY Pairs
EUR/JPY (163.47)
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All timeframes: Strong buy
✅ Strategy: Continue to buy dips. 162.80–163.00 is a buy zone.
GBP/JPY (192.40)
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All timeframes: Strong buy
✅ Strategy: Trend remains firm. Targeting 193.00.
AUD/JPY (92.20)
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Daily: Bullish
✅ Strategy: Maintain long positions above 91.50.
CAD/JPY (104.44)
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Short-term: Slightly bearish
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Daily: Bullish
✅ Strategy: Monitor 104 level. Consider light dip buying.
CHF/JPY (174.58)
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All timeframes: Strong buy
✅ Strategy: Continue trend-following. Buy dips toward 172.50–173.00.
🌟 Other Assets
XAU/USD (Gold) 3,224.17
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Short-term: Bearish
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Daily: Neutral
✅ Strategy: Range-bound play. A break above 3,240 needed to resume uptrend.
NZD/JPY (85.53)
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All timeframes: Strong buy
✅ Strategy: Stay long unless 85.00 is broken.
EUR/GBP (0.8496)
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Short-term: Bearish
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Daily: Neutral
✅ Strategy: A break below 0.8480 could open more downside. Wait-and-see approach advised.
EUR/AUD (1.7729)
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Direction: Weak
✅ Strategy: Short-term bearish bias. Watch for a break below 1.7680.
NZD/CAD (0.8190)
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Short-term: Strong buy
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Daily: Bearish
✅ Strategy: Hold long above 0.8200. Below that, downside risk increases.
BTC/USD (96,317.0)
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All timeframes: Strong buy
✅ Strategy: Consolidating below 97,000. Continue dip-buying on pullbacks.
🚀 Today’s Trade Focus Summary
🔼 Buy Opportunities
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GBP/USD (buy the dip)
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EUR/JPY (buy the dip)
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BTC/USD (buy on retracement)
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NZD/JPY (buy the dip)
🔽 Sell Opportunities
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USD/CAD (sell on rebounds)
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EUR/GBP (watch for downside breakout)
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XAU/USD (range trading, fade rallies)