📊 Technical Analysis & Trade Strategy Summary – Friday, May 9, 2025
🏦 Major Currency Pairs
EUR/USD (1.1251)
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5m–1H: Strong Buy to Buy / Daily: Sell
✅ Strategy: Currently rebounding, but 1.1270–1.1300 remains a resistance zone. Buy trades should be short-term.
USD/JPY (145.21)
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5m–1H: Strong Sell to Sell / Daily: Buy
✅ Strategy: Support at 144.80 is key. Possible rebound, but watch for selling pressure above 146.00.
GBP/USD (1.3282)
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5m–1H: Strong Buy to Buy / Daily: Neutral
✅ Strategy: Watch for breakout above 1.3300. Buy on dips preferred.
AUD/USD (0.6406)
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5m–1H: Strong Buy to Buy / Daily: Neutral
✅ Strategy: Key support at 0.6380. Maintain short-term bullish stance unless it breaks.
USD/CAD (1.3913)
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5m–15m: Strong Sell / 1H & Daily: Neutral
✅ Strategy: Upside still heavy. Favor selling on rallies below 1.3950.
USD/CHF (0.8310)
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5m–1H: Mixed / Daily: Neutral
✅ Strategy: Lack of direction near 0.8300. If buying, take quick profits.
USD/NZD (1.6982)
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5m–1H: Strong Buy / Daily: Neutral
✅ Strategy: Watch the 1.7000 level. Possible pause if market feels extended.
💱 Cross Yen Pairs
EUR/JPY (163.37)
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5m–1H: Sell to Neutral / Daily: Strong Buy
✅ Strategy: Maintain long positions if 162.80 holds.
GBP/JPY (192.85)
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All Timeframes: Strong Buy
✅ Strategy: Uptrend intact. Buy on dips.
AUD/JPY (93.03)
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5m–1H: Mixed / Daily: Strong Buy
✅ Strategy: Support at 92.80. Look to buy on short-term pullbacks.
CAD/JPY (104.38)
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5m–1H: Bearish / Daily: Strong Buy
✅ Strategy: 104.00 is key support. Rebound trades should be cautious.
CHF/JPY (174.74)
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5m–1H: Sell to Strong Sell / Daily: Strong Buy
✅ Strategy: Currently correcting. Watch for bounce from 173.80–174.00 to add longs.
🌟 Other Assets
XAU/USD (Gold) – 3,331.21
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All Timeframes: Strong Buy
✅ Strategy: Buy on dips. Break above 3,350 may lead to extended gains.
NZD/JPY (85.59)
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5m–1H: Strong Sell / Daily: Buy
✅ Strategy: Rebound is possible. Watch 85.50–85.30 for bottoming signals.
EUR/GBP (0.8471)
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5m–1H: Strong Sell / Daily: Sell
✅ Strategy: Maintain sell bias. Resistance near 0.8500 remains firm.
EUR/AUD (1.7562)
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Short-term: Bearish / 1H–Daily: Strong Buy to Neutral
✅ Strategy: Avoid if below 1.7500; look to buy on dips above support.
NZD/CAD (0.8201)
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All Timeframes: Bearish
✅ Strategy: Sell rallies. Stay bearish unless price breaks above 0.8250.
BTC/USD (103,290.0)
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All Timeframes: Strong Buy
✅ Strategy: Take partial profits near 103,000–104,000. Re-enter on further strength.
🚀 Today’s Highlighted Trade Ideas
🔼 Buy Opportunities:
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GBP/JPY
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EUR/JPY (Daily trend)
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XAU/USD (Gold)
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BTC/USD
🔽 Sell Opportunities:
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USD/JPY (sell rallies)
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EUR/GBP
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NZD/CAD
