GOLD
Gold prices have surged following Trump’s first day in office, driven by market uncertainty and investor flight to safety. The delay in tariff announcements and unpredictability in Trump’s policies have led to increased demand for gold as a hedge. MACD indicates strong bullish momentum, while RSI normalizes and diverges in price, confirming market strength. Candlestick patterns suggest continued upward movement, with potential slight pullbacks depending on policy shifts. Auto trade alerts confirm sustained interest in gold, supporting strategic portfolio allocation.
SILVER
Silver prices have risen slightly, hovering above 30.6675. The MACD and RSI indicate bullish momentum, reinforcing the potential for further gains. Price action supports continued buying, though silver’s movement may lag behind gold. Entry point strategies should consider potential shifts in investor sentiment based on Dollar strength.
DXY
The Dollar Index remains in consolidation, as markets await Trump’s next moves. Both the MACD and RSI reflect rising momentum and volume, but uncertainty over tariffs continues to keep the market indecisive. Short-term bearish sentiment remains, but the gap remains a target for a potential price rebound. Global forex patterns suggest caution.
GBPUSD
The Pound remains under pressure due to strained UK-U.S. relations, despite Dollar weakness. Resistance at 1.23720 remains intact. MACD and RSI show increased buying momentum, supporting short-term bullish potential. However, broader fundamentals point to underlying bearish sentiment. Auto trade alerts suggest monitoring for possible reversals.
AUDUSD
The Australian Dollar is consolidating near its upper boundary, with MACD indicating rising buying volume. RSI signals both overbought and oversold conditions, suggesting indecision. While price action leans bullish, rate cut expectations by the RBA weigh on future movement. Portfolio allocation should factor in possible reversals.
NZDUSD
The New Zealand Dollar mirrors AUDUSD, staying within its consolidation range. MACD and RSI show weak directional bias as markets assess Trump’s trade policies. Investor caution prevails, with price action suggesting continued consolidation until clear market signals emerge.
EURUSD
The Euro is holding above 1.03311 despite U.S.-Europe trade tensions. MACD shows rising buying momentum, while RSI normalizes. Although the short-term outlook is bullish, broader trends suggest potential selling pressure if Trump enacts tariffs. Entry point strategies should account for resistance levels.
USDJPY
The Yen remains consolidated after failing to break 154.703. MACD and RSI signal neutral momentum, with RSI nearing overbought levels. Price action remains bearish, with further declines expected ahead of the BOJ’s anticipated rate hike. With 18 out of 19 economists predicting an increase, traders should prepare for increased volatility.
USDCHF
The Swiss Franc strengthens against the Dollar, holding below 0.90743. MACD and RSI confirm increasing momentum and volume, reinforcing a bearish outlook for the Dollar. Auto trade alerts suggest maintaining a cautious stance, with prices expected to remain under resistance.
USDCAD
The Canadian Dollar continues to consolidate with erratic movements, reflecting market uncertainty over Trump’s policies. MACD and RSI provide unreliable signals, reflecting indecision. However, price action maintains a bullish structure, with potential upward movement once market clarity improves. Portfolio allocation should consider potential fluctuations.
COT Report Analysis: Portfolio Allocation & Market Sentiment
- AUD – WEAK (4/5)
- GBP – WEAK (5/5)
- CAD – WEAK (4/5)
- EUR – WEAK (4/5)
- JPY – WEAK (5/5)
- CHF – WEAK (5/5)
- USD – STRONG (5/5)
- NZD – WEAK (4/5)
- GOLD – STRONG (5/5)
- SILVER – STRONG (5/5)
