📊 Technical Analysis & Trade Strategy Summary|June 3, 2025 (Tuesday)
🏦 Major Currency Pairs
EUR/USD (1.1411)
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Short-Term: Bearish bias | Daily: Strong Buy
✅ Strategy: Support lies in the 1.1380s. Continue selling if it breaks below; if held, buy on dips targeting 1.1450.
USD/JPY (142.91)
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Short-Term: Bullish bias | Daily: Strong Sell
✅ Strategy: 143.30–50 is heavy resistance, but if 142.60 holds, short-term buying continues. Be cautious of selling pressure in the medium to long term.
GBP/USD (1.3519)
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Short-Term: Heavy topside | Daily: Strong Buy
✅ Strategy: Support seen around 1.3490–1.3500. Breakout above 1.3550–60 may resume the uptrend.
AUD/USD (0.6464)
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Overall: Bullish tone intact, but momentum slowing
✅ Strategy: Maintain long positions if 0.6430–50 holds. Take profit around 0.6500. Expect shallow pullbacks.
USD/CAD (1.3726)
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Short-Term: Weak rebounds | Daily: Strong Sell
✅ Strategy: Target sell entries around 1.3750. A break below 1.3700 could open the door to 1.3650.
💱 Crosses and Other Assets
EUR/JPY (163.07) / GBP/JPY (193.20)
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Short-Term: Lacks clear direction | Medium/Long-Term: Bearish bias remains
✅ Strategy: Likely to be sold on rebounds. Be cautious with longs. Range trading strategies may suit short-term moves.
AUD/JPY (92.38) / CAD/JPY (104.13) / CHF/JPY (174.40)
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Short-Term: Weak undertone | Daily: Mixed signals
✅ Strategy: Selling on rebounds remains favored. Watch for resistance around 92.80–93.00 and 104.50.
XAU/USD (Gold: 3,358.35)
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Short-Term: Selling pressure | Medium/Long-Term: Bullish outlook
✅ Strategy: Support seen around 3,340. Expect a rebound from this level. Resistance lies around 3,370–3,380.
BTC/USD (105,290)
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Short-Term: Bullish | Medium-Term: Neutral tone
✅ Strategy: Support between 104,000–104,500. Short-term longs still valid, with take profit around 106,500.
🚀 Key Trade Setups
🔼 Buy Opportunities (Pullback/Continuation)
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AUD/USD – Bullish structure remains intact
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BTC/USD – Buy dips as long as it holds above 105,000
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XAU/USD – Rebound expected on daily timeframe
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EUR/USD – Buy if 1.1380 holds
🔽 Sell Opportunities (Short-Term Rebound)
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USD/CAD – Limited upside; favor selling on rallies
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Cross JPY Pairs – Short-term sell bias on rebounds
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CHF/JPY, AUD/JPY, CAD/JPY – Watch for topside exhaustion
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EUR/GBP – Bearish bias from short to medium term