📊 Technical Analysis & Trade Strategy Summary (Monday, April 21, 2025)
🏦 Major Currency Pairs
EUR/USD (1.1527)
- ⏱ Short-term: Bearish / 📈 Mid-to-Long Term: Strong Bullish
✅ Strategy: 1.1500 is a key support. Favor buying the dip. Targeting a move above 1.1600.
USD/JPY (140.84)
- 📉 Mid-to-Long Term: Strong Bearish
✅ Strategy: 141.20–141.50 is a sell-on-rally zone. Next downside target: below 140.00.
GBP/USD (1.3390)
- 📈 Hourly to Daily: Strong Bullish / 📉 Short-term: Bearish
✅ Strategy: Maintain long positions above 1.3350. Targeting 1.3450.
AUD/USD (0.6421)
- 📈 Mid-to-Long Term: Strong Bullish / 📉 Short-term: Bearish
✅ Strategy: 0.6380 is support. Long bias holds on rebound. Cut if support breaks.
USD/CAD (1.3803)
- 📉 Mid-to-Long Term: Strong Bearish / 📈 Short-term: Strong Bullish
✅ Strategy: 1.3840 is a key resistance. Consider shifting bias if broken.
USD/CHF (0.8070)
- 📉 Bearish across all timeframes
✅ Strategy: 0.8100 is the sell zone. 0.8000 is the key psychological level.
USD/NZD (1.6741)
- 📉 Mid-to-Long Term: Strong Bearish
✅ Strategy: Look to add shorts around 1.6780–1.6800.
💱 Cross JPY Pairs
EUR/JPY (162.34)
- 📈 Hourly to Daily: Strong Bullish / ⏱ Short-term: Bearish
✅ Strategy: Holding above 162 supports continuation toward 163.00.
GBP/JPY (188.60)
- 📈 Short-to-Hourly: Bullish / 📉 Daily: Strong Bearish
✅ Strategy: Buy above 189.00 with caution. Downside risks remain.
AUD/JPY (90.44)
- 📉 Mid-to-Long Term: Bearish
✅ Strategy: 90.80 is resistance. Favor selling rallies.
CAD/JPY (102.04)
- 📉 Hourly to Daily: Strong Bearish
✅ Strategy: 102.50–103.00 is a sell zone.
CHF/JPY (174.55)
- 📈 Mid-to-Long Term: Strong Bullish
✅ Strategy: Buy dips, aiming for 175.50–176.00.
NZD/JPY (84.58)
- 📈 Hourly: Strong Bullish / ⏱ Short & Daily: Neutral
✅ Strategy: Acceleration expected above 85.00. Watch for breakdown below 84.20.
🌟 Other Assets
XAU/USD (Gold) – 3,392.81
- ✅ Strong Bullish across all timeframes
📈 Strategy: Trend continuation. Targeting 3,400–3,420.
EUR/GBP (0.8608)
- 📉 Short-term: Strong Bearish / 📈 Mid-to-Long Term: Strong Bullish
✅ Strategy: 0.8590 is key support. Rebound would flip bias to bullish.
EUR/AUD (1.7951)
- 📈 Hourly to Daily: Strong Bullish / 📉 Short-term: Bearish
✅ Strategy: Support at 1.7900–1.7930. Bullish breakout above 1.8000.
NZD/CAD (0.8289)
- 📈 Hourly to Daily: Strong Bullish / 📉 Short-term: Bearish
✅ Strategy: Continue to buy dips. 0.8250 is key support.
BTC/USD (87,133.0)
- 📈 Mid-to-Long Term: Bullish / 📉 Short-term: Bearish
✅ Strategy: Support lies between 86,800–87,000. Breakout above 88,000 would confirm upside.
✅ Trade Strategy Summary (April 21, 2025)
🔼 Buy Focus
- EUR/USD, GBP/USD, AUD/USD
- EUR/JPY, CHF/JPY, XAU/USD (Gold), NZD/CAD
- BTC/USD (Buy the dip)
🔽 Sell Focus
- USD/JPY, USD/CAD, USD/CHF, USD/NZD
- CAD/JPY, AUD/JPY (Sell on rallies)
⚖️ Split Strategy Required (Mixed Timeframe Biases)
- EUR/AUD, EUR/GBP, BTC/USD, NZD/CAD, GBP/JPY