📊 Technical Analysis & Trade Strategy – July 24, 2025

📊 Technical Analysis & Trade Strategy – July 24, 2025

24 7月 2025, 11:08
Masayuki Sakamoto
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📊 Technical Analysis & Trade Strategy – July 24, 2025

🏦 Major Currency Pairs

EUR/USD (1.1749)

  • Short-term: Selling pressure

  • Daily: Strong bullish bias
    Strategy: Favor selling on rallies short-term; break above 1.1760 signals bullish continuation.

USD/JPY (146.57)

  • Short-term: Bullish tone

  • Daily: Bearish pressure
    Strategy: 147.00 acts as a key resistance. Consider selling rallies; break below 146.20 strengthens bearish case.

GBP/USD (1.3539)

  • Short-term: Bearish signals

  • Daily: Strong buy signals
    Strategy: Bullish scenario if 1.3550–1.3570 clears; below 1.3500, bearish trend resumes.

AUD/USD (0.6609)

  • Short-term: Selling bias

  • Daily: Strong buy bias
    Strategy: Holding above 0.6590 keeps bullish outlook; break above 0.6620 accelerates upside.

USD/CAD (1.3618)

  • Short-term: Strong buying

  • Daily: Bearish tone
    Strategy: Above 1.3640, continuation higher likely; below 1.3590, selling pressure returns.


💱 Cross-Yen Pairs & Other Assets

EUR/JPY (172.22) / GBP/JPY (198.45)

  • Daily: Bullish bias

  • Short-term: Corrective tone
    Strategy: Battle between dip-buying and rally selling; 172.00 and 198.00 as key pivots.

AUD/JPY (96.86)

  • Medium-term: Strong bullish bias
    Strategy: Support at 96.50; break above 97.20 opens further upside.

CAD/JPY (107.65) / CHF/JPY (184.46)

  • Short-term: Mixed

  • Daily: Bullish bias
    Strategy: Favor buying dips at support; monitor for sharp pullbacks.

XAU/USD (Gold – 3,364.46)

  • Short-term: Selling pressure

  • Daily: Strong bullish
    Strategy: Longs favored above 3,355–3,360; breakout above 3,375 signals bullish acceleration.

BTC/USD (118,510)

  • Short-term: Corrective phase

  • Daily: Buy signals remain
    Strategy: Hold bullish bias above 118,000; above 119,000, expect push toward 120,000.


🚀 Key Trade Ideas

🔼 Buy Opportunities (Dip-Buying / Continuation):

  • GBP/USD, AUD/USD (buy dips)

  • XAU/USD, BTC/USD (accumulate on support)

  • EUR/GBP, AUD/JPY, NZD/JPY (yen weakness theme)

🔽 Sell Opportunities (Short-Term Pullbacks):

  • EUR/USD, USD/JPY (short-term rally selling bias)

  • USD/CAD (stay below 1.3640 = heavy topside)

  • NZD/CAD (strong bearish short-term signals)


📌 Key Levels to Watch

  • EUR/USD: Resistance 1.1760, Support 1.1720

  • USD/JPY: Resistance 147.00, Support 146.20

  • XAU/USD: Support 3,360, Resistance 3,375–3,380

  • BTC/USD: Support 118,000, Resistance 119,000–120,000