📊 Technical Analysis & Trade Strategy – July 24, 2025
🏦 Major Currency Pairs
EUR/USD (1.1749)
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Short-term: Selling pressure
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Daily: Strong bullish bias
✅ Strategy: Favor selling on rallies short-term; break above 1.1760 signals bullish continuation.
USD/JPY (146.57)
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Short-term: Bullish tone
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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)
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Short-term: Bearish signals
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Daily: Strong buy signals
✅ Strategy: Bullish scenario if 1.3550–1.3570 clears; below 1.3500, bearish trend resumes.
AUD/USD (0.6609)
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Short-term: Selling bias
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Daily: Strong buy bias
✅ Strategy: Holding above 0.6590 keeps bullish outlook; break above 0.6620 accelerates upside.
USD/CAD (1.3618)
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Short-term: Strong buying
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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)
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Daily: Bullish bias
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Short-term: Corrective tone
✅ Strategy: Battle between dip-buying and rally selling; 172.00 and 198.00 as key pivots.
AUD/JPY (96.86)
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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)
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Short-term: Mixed
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Daily: Bullish bias
✅ Strategy: Favor buying dips at support; monitor for sharp pullbacks.
XAU/USD (Gold – 3,364.46)
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Short-term: Selling pressure
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Daily: Strong bullish
✅ Strategy: Longs favored above 3,355–3,360; breakout above 3,375 signals bullish acceleration.
BTC/USD (118,510)
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Short-term: Corrective phase
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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):
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GBP/USD, AUD/USD (buy dips)
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XAU/USD, BTC/USD (accumulate on support)
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EUR/GBP, AUD/JPY, NZD/JPY (yen weakness theme)
🔽 Sell Opportunities (Short-Term Pullbacks):
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EUR/USD, USD/JPY (short-term rally selling bias)
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USD/CAD (stay below 1.3640 = heavy topside)
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NZD/CAD (strong bearish short-term signals)
📌 Key Levels to Watch
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EUR/USD: Resistance 1.1760, Support 1.1720
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USD/JPY: Resistance 147.00, Support 146.20
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XAU/USD: Support 3,360, Resistance 3,375–3,380
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BTC/USD: Support 118,000, Resistance 119,000–120,000