📊 Technical Analysis & Trade Strategy – July 23, 2025
🏦 Major Currency Pairs
EUR/USD (1.1733)
Short-term bullish, daily trend remains strong
✅ Strategy: Continue dip-buying. Holding 1.1710 supports upside toward 1.1760–1.1800.
USD/JPY (146.43)
Strong selling signals across all timeframes
✅ Strategy: Favor selling on rallies up to 146.80. Break below 146.00 accelerates downside momentum.
GBP/USD (1.3542)
Bullish signals on all timeframes
✅ Strategy: Buy on dips above 1.3520. Next upside focus: break above 1.3600.
AUD/USD (0.6593)
Dominated by strong buy signals
✅ Strategy: Maintain dip-buying stance. Key defense level: 0.6580; watch for breakout above 0.6620.
USD/CAD (1.3583)
Bearish bias across all timeframes
✅ Strategy: Continue selling on rallies. Resistance near 1.3600; break below 1.3550 adds momentum.
💱 Cross Yen Pairs & Other Assets
EUR/JPY (171.81) / GBP/JPY (198.29)
Short-term bearish tone, daily trend remains bullish
✅ Strategy: Favor selling on rallies, but monitor 171.00 and 198.00 for key battles.
AUD/JPY (96.54)
Strong buy bias across all timeframes
✅ Strategy: Maintain dip-buying stance. Support at 96.20; breakout above 97.00 strengthens uptrend.
CAD/JPY (107.81) / CHF/JPY (184.77)
Short-term selling, daily trend still bullish
✅ Strategy: Sell rallies near resistance; watch 107.50 and 184.00 as pivot points.
XAU/USD (Gold – 3,422.72)
Short-term selling pressure, daily still bullish
✅ Strategy: Hold longs above 3,410; breakout above 3,430 signals renewed upside wave.
BTC/USD (118,420)
Mixed short-term signals, daily strong bullish bias
✅ Strategy: Maintain bullish view above 118,000; above 119,500, expect a push toward 120,000.
🚀 Key Trade Ideas
🔼 Buy Opportunities (Dip-Buying / Bullish Continuation)
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GBP/USD, AUD/USD, XAU/USD (maintain strong bullish outlook)
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AUD/JPY, NZD/JPY (yen weakness persists)
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BTC/USD (bullish wave resumes if 118,000 holds)
🔽 Sell Opportunities (Short-Term Pullbacks)
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USD/JPY, USD/CAD, USD/CHF (short-term rally selling bias)
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EUR/JPY, GBP/JPY (short-term correction risk)
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USD/NZD (bearish across timeframes)
📌 Key Levels to Watch
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EUR/USD: Support 1.1710, Resistance 1.1760–1.1800
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USD/JPY: Sell zone near 146.80, downside accelerates below 146.00
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XAU/USD: Support 3,410, breakout above 3,430 confirms upside continuation
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BTC/USD: Support 118,000, breakout above 119,500 boosts bullish momentum
