📊 Technical Analysis & Trade Strategy Summary – July 31, 2025
🏦 Major Currency Pairs
EUR/USD (1.1444)
Short-term momentum shifted to bullish, but daily trend remains bearish.
✅ Strategy: Watch for a reversal near 1.1470–1.1500; consider short positions if price stalls. Support around 1.1400.
USD/JPY (149.86)
Strong bullish trend across most timeframes; approaching the psychological 150.00 level.
✅ Strategy: Maintain buy-on-dip stance. Support at 149.50–149.30, breakout above 150.20 opens higher levels.
GBP/USD (1.3236)
Bearish bias remains on daily and lower timeframes.
✅ Strategy: Look for selling opportunities near 1.3250–1.3280. Downside target around 1.3180.
AUD/USD (0.6444)
Strong selling trend continues across all timeframes.
✅ Strategy: Continue selling on rallies. Watch resistance at 0.6470–0.6490; downside target near 0.6400.
USD/CAD (1.3841)
Bullish tone strengthening on daily and intraday charts.
✅ Strategy: Hold long positions above 1.3800. Next upside target is 1.3880; support near 1.3760.
💱 Crosses & Other Assets
EUR/JPY (171.50)
Short-term bullish shift, but upside is limited.
✅ Strategy: Consider short if price stalls near 172.00. Buy-on-dip if 170.70 holds.
GBP/JPY (198.34)
Buy signals re-emerging.
✅ Strategy: Maintain long bias above 198.00; next target at 199.20. Exit if below 197.50.
AUD/JPY (96.56) / NZD/JPY (88.50)
Broad JPY-cross strength continues.
✅ Strategy: Continue dip-buying. Key supports: 96.00 (AUD/JPY), 88.20–88.30 (NZD/JPY).
CAD/JPY (108.28) / CHF/JPY (184.43)
Sustained bullish pressure.
✅ Strategy: View dips as buying opportunities. CHF/JPY may accelerate if 185.00 is broken.
XAU/USD (Gold: 3,305.45)
Bearish momentum resurfaces on daily chart.
✅ Strategy: Favor selling below 3,320. Support zone lies between 3,280–3,300.
BTC/USD (118,570)
Strong bullish structure on daily chart; holding firm above support.
✅ Strategy: Buy dips at 117,800–118,000. Break above 119,500 could trigger further gains.
🚀 Highlighted Trade Setups
🔼 Buy-on-Dip / Bullish Continuation:
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USD/JPY
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CAD/JPY
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NZD/JPY
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BTC/USD
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GBP/JPY (only if 198.00 holds)
🔽 Sell-on-Rally / Bearish Short-Term:
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EUR/USD
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GBP/USD
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AUD/USD
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XAU/USD (bearish bias below 3,320)
📌 Key Technical Levels
Pair | Resistance | Support |
---|---|---|
EUR/USD | 1.1470–1.1500 | 1.1400 |
USD/JPY | 150.20 (breakout) | 149.30 (buy zone) |
XAU/USD | 3,320 (cap) | 3,280–3,300 zone |
BTC/USD | 119,500 (breakout) | 117,800 (buy zone) |