📊 Technical Analysis & Trade Strategy Summary – Monday, May 12, 2025
🏦 Major Currency Pairs
EUR/USD (1.1085)
-
All timeframes: Strong Sell
✅ Strategy: Continue selling on rallies. Maintain bearish view unless price recovers above 1.1100.
USD/JPY (148.37)
-
All timeframes: Strong Buy
✅ Strategy: Continue buying on dips while above 148.00.
GBP/USD (1.3146)
-
5m–1H: Strong Sell / Daily: Sell
✅ Strategy: Entering a correction phase. Sell on rallies above 1.3180.
AUD/USD (0.6386)
-
All timeframes: Strong Sell to Sell
✅ Strategy: Upside likely limited. Look to sell again near 0.6400.
USD/CAD (1.3979)
-
5m–1H: Strong Buy / Daily: Buy
✅ Strategy: Despite resistance near 1.4000, the uptrend remains intact. Buy dips.
USD/CHF (0.8464)
-
All timeframes: Strong Buy to Buy
✅ Strategy: Maintain buy bias while holding above 0.8400–0.8450.
USD/NZD (1.7049)
-
All timeframes: Strong Buy
✅ Strategy: Trend remains strong. Stay bullish as long as above 1.7000.
💱 Cross Yen Pairs
EUR/JPY (164.48)
-
5m: Neutral / Others: Strong Buy
✅ Strategy: Buy dips while holding above 164.00.
GBP/JPY (195.05)
-
5m: Sell / Others: Strong Buy
✅ Strategy: Buy dips after breakout above 195.00. Watch for short-term pullbacks.
AUD/JPY (94.74)
-
5m: Neutral / Others: Strong Buy
✅ Strategy: Buy on dips while above 94.50.
CAD/JPY (106.15)
-
All timeframes: Strong Buy
✅ Strategy: Buy near 106.00–106.20 with continued bullish expectations.
CHF/JPY (175.31)
-
All timeframes: Strong Buy
✅ Strategy: Uptrend in play. Look to buy dips aggressively.
🌟 Other Assets
XAU/USD (Gold) – 3,212.31
-
5m–1H: Strong Sell / Daily: Neutral
✅ Strategy: Short-term selling favored. Stay bearish while under $3,230; break below $3,200 strengthens downtrend.
NZD/JPY (87.03)
-
5m: Sell / Others: Strong Buy
✅ Strategy: Look for dip-buying opportunities near 86.80–87.00 support.
EUR/GBP (0.8432)
-
All timeframes: Strong Sell Bias
✅ Strategy: Sell on rallies. Watch resistance around 0.8450.
EUR/AUD (1.7360)
-
All timeframes: Strong Sell
✅ Strategy: Sell again near 1.7400. Clear downtrend continues.
NZD/CAD (0.8199)
-
All timeframes: Strong Sell
✅ Strategy: Maintain sell bias. Stay cautious unless price breaks above 0.8220.
BTC/USD (104,370.0)
-
5m–15m: Sell / 1H–Daily: Buy to Strong Buy
✅ Strategy: Consider buying dips around 103,500–104,000. Look for a resumption of the uptrend.
🚀 Highlighted Trade Setups
🔼 Buy Opportunities:
-
USD/JPY
-
USD/CAD
-
USD/NZD
-
GBP/JPY
-
CAD/JPY
-
BTC/USD (buy the dip)
🔽 Sell Opportunities:
-
EUR/USD
-
GBP/USD
-
AUD/USD
-
EUR/AUD
-
NZD/CAD