📊 Technical Analysis & Trade Strategy – July 17, 2025
🏦 Major Currency Pairs
EUR/USD (1.1586)
Strong bearish trend in both short- and medium-term outlook
✅ Strategy: Maintain sell-on-rally stance. 1.1620–30 is the key sell zone; a break below 1.1550 could accelerate downside momentum.
USD/JPY (148.66)
Daily chart remains bullish; short-term signals mixed
✅ Strategy: Look to buy on dips near 148.30–50 support. Break above 149.00 opens the door to 150.00.
GBP/USD (1.3401)
Short-term slightly bullish, but daily pressure points downward
✅ Strategy: A move above 1.3430 favors continuation of buying; a break below 1.3380 signals potential downside.
AUD/USD (0.6464)
Bearish signals across all timeframes
✅ Strategy: Sell in the 0.6480–90 zone. A drop below 0.6450 could extend losses toward 0.6400.
USD/CAD (1.3769)
Bullish trend on all timeframes
✅ Strategy: Buy on dips. Holding above 1.3750 keeps upside potential toward 1.3800 and beyond.
💱 Crosses & Other Assets
EUR/JPY (172.25) / GBP/JPY (199.21) / AUD/JPY (96.09)
Short-term selling pressure continues, but daily trend favors yen weakness
✅ Strategy: Watch the 172.00 and 198.00 levels closely. A breakout could accelerate gains again.
CAD/JPY (107.99) / CHF/JPY (184.84) / NZD/JPY (87.94)
Short-term bearish tone, but medium-term support remains
✅ Strategy: Consider swing long positions on dips; short-term selling limited to rallies.
XAU/USD (Gold – 3,324.72)
Overall bearish bias dominates
✅ Strategy: A break below 3,310–3,320 opens further downside. Maintain sell-on-rally approach.
BTC/USD (118,400)
Short-term bearish; daily outlook still shows rebound potential
✅ Strategy: Watch 118,000 for potential breakdown. Resistance heavy at 119,500.
🚀 Key Trade Ideas
🔼 Buy Opportunities (Dip-Buying / Trend Continuation)
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USD/JPY, USD/CAD (Dollar strength intact)
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GBP/JPY, CAD/JPY (Yen weakness bias)
🔽 Sell Opportunities (Short-Term Pullbacks)
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EUR/USD, AUD/USD (Sell rallies)
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EUR/GBP, EUR/JPY (Euro under pressure)
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XAU/USD, BTC/USD (Short-term bearish tone)
📌 Key Levels to Watch
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EUR/USD: 1.1620 (sell zone)
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USD/JPY: 148.30–50 (critical support for dip-buying)
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XAU/USD: 3,310–3,320 (support break for deeper decline)
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BTC/USD: 118,000 (break triggers extended downside)
