GOLD
Gold has broken through its consolidation zone, setting new all-time highs. Geopolitical risks and rising global trade tensions are driving demand for gold. The market may experience short-term retracements, but the long-term outlook remains bullish.
SILVER
Silver has followed gold’s lead, experiencing increased buying pressure. The MACD shows strong bullish volume, and the RSI is stabilizing in bullish momentum. Silver is expected to continue rising, with the 34.0252 resistance level being a key point to watch.
DXY
The U.S. dollar shows signs of extended consolidation, with the MACD indicating bearish volume and the RSI normalizing. We expect further selling in the coming days unless a clear shift occurs.
GBPUSD
The British pound shows increased bullish movement, with growing volume and momentum. The MACD and RSI both indicate strength, suggesting a potential breakout from the consolidation zone. We remain focused on range-bound opportunities for now.
AUDUSD
The Australian dollar remains in consolidation, with no clear direction. The RSI signals overbought conditions, and the MACD is turning lower, suggesting potential downside. A clearer breakout is needed before a stronger directional bias can be established.
NZDUSD
The New Zealand dollar continues to consolidate. While the MACD shows steady bullish growth, the RSI indicates normalization of buying pressure. We are awaiting a clear breakout before confirming the next direction.
EURUSD
The Euro is showing increased selling pressure but has failed to break key support levels. The overall structure remains bearish, but the market is still consolidating. A clean break below support would confirm further downside.
USDJPY
The Japanese yen is weakening, with USD/JPY breaking above 150.883. The MACD and RSI reflect bullish momentum, supporting the continuation of the uptrend. A short-term retracement is possible, but the long-term outlook remains bullish.
USDCHF
The Swiss franc remains in consolidation. The MACD and RSI are indicating neutral conditions, signaling the need for further price action before committing to a breakout direction.
USDCAD
The Canadian dollar is in consolidation with little price movement. The MACD and RSI show neutral signals, and we remain cautious until a clearer breakout occurs.
COT Reports Analysis
- AUD – WEAK (4/5)
- GBP – STRONG (5/5)
- CAD – WEAK (4/5)
- EUR – STRONG (5/5)
- JPY – STRONG (4/5)
- CHF – WEAK (4/5)
- USD – STRONG (3/5)
- NZD – WEAK (4/5)
- GOLD – STRONG (5/5)
- SILVER – STRONG (5/5)
Conclusion
Gold and silver continue their bullish momentum as geopolitical and economic risks push investors toward safe-haven assets. Meanwhile, the U.S. dollar faces consolidation.
We expect continued strength in GBP/USD and USD/JPY, while EUR/USD and USD/CHF remain range-bound. Traders should focus on breakout opportunities in gold and silver as these markets react to ongoing developments.
