📊 Technical Analysis & Trade Strategy Summary – June 5, 2025 (Thursday)
🏦 Major Currency Pairs
EUR/USD (1.1423)
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All timeframes: Bullish to Strong Bullish
✅ Strategy: Continue buying on dips. Near-term resistance at 1.1440–1.1460. Maintain bullish view above 1.1380.
USD/JPY (143.12)
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All timeframes: Strong Bearish
✅ Strategy: Favor selling on rebounds. Watch for renewed selling pressure if 143.50–70 caps upside. Break below 142.00 could trigger further downside.
GBP/USD (1.3571)
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All timeframes: Bullish to Strong Bullish
✅ Strategy: Uptrend continues on a medium-term basis. Break above 1.3600 opens path toward 1.3650–70. Support at 1.3510.
AUD/USD (0.6511)
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Short-Term: Neutral | Others: Strong Bullish
✅ Strategy: Trend resumes off 0.6480 support. Target 0.6550. Buy-on-dip strategy valid for the mid-term.
USD/CAD (1.3661)
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All timeframes: Strong Bearish
✅ Strategy: 1.3700 remains a key resistance zone. Downside targets at 1.3610 and 1.3580.
💱 Crosses, Gold, and Bitcoin
EUR/JPY (163.48) / GBP/JPY (194.23)
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5-min / 15-min: Weak | Daily: Strong Bullish
✅ Strategy: Watch for short-term pullbacks, but maintain mid- to long-term buy-on-dip stance. EUR/JPY may target 164.00+, GBP/JPY around 195.00.
AUD/JPY (93.17) / CAD/JPY (104.79) / CHF/JPY (174.67) / NZD/JPY (86.57)
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Overall: Bullish to Strong Bullish
✅ Strategy: Cross-yen pairs remain in uptrend. Look for dip-buying opportunities. Any short-term selling likely to be temporary.
XAU/USD (Gold: 3,398.39)
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All timeframes: Strong Bullish
✅ Strategy: Clear bullish trend across short- and long-term. Break above 3,400 opens new highs. Key support around 3,370.
BTC/USD (104,560)
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Short- to Mid-Term: Strong Bearish
✅ Strategy: Downtrend continues. Caution if price breaks below 104,000. Rebounds may be capped near 105,500.
🌐 Focus Assets & Strategic Takeaways
🔼 Buy Bias / Buy-on-Dip Strategies
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EUR/USD, GBP/USD, AUD/USD
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All Cross JPY pairs (e.g., AUD/JPY, NZD/JPY, CAD/JPY)
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XAU/USD
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NZD/CAD
🔽 Rebound-Sell Continuation
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USD/JPY, USD/CAD, USD/NZD
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USD/CHF, BTC/USD