GOLD
Gold prices are showing increased potential for a bullish continuation, as recent economic indicators suggest growing uncertainty in global markets. Despite heavy selling, the MACD reveals surging bullish volume, and price action remains resilient. The RSI approaches overbought territory, signaling possible consolidation—but with strong bullish engulfing patterns on the chart, momentum remains on the bulls’ side.
Markets await Trump’s tariff announcement, a key event that could trigger a breakout or extended pause. Until then, trade timing becomes critical. Entering on pullbacks during consolidation may offer attractive risk-reward setups for buyers.
SILVER
Silver prices are poised for further upside, especially if gold continues its bullish run. Price remains above the key level of 33.5028 and tests the EMA200. However, caution is warranted—RSI is in overbought territory and the MACD shows increasing bearish momentum.
Still, if gold breaks higher, silver may follow as a hedge asset, setting the stage for breakout entries once consolidation resolves. Keep an eye on MACD shifts to confirm directional changes.
DXY (US Dollar Index)
The Dollar is consolidating, reflecting broader market hesitation as investors digest potential tariff impacts. Technically, the MACD and RSI support a range-bound outlook. However, the underlying structure remains bearish.
Until more decisive economic indicators are released, particularly regarding trade policy, the USD is expected to remain choppy. A downside breakout entry could be imminent if key support at 104.084 fails.
GBPUSD
The Pound continues to consolidate, with RSI and MACD aligned in a range-bound pattern. As one of the key major currency pairs, GBPUSD is particularly sensitive to shifts in trade policy and central bank tone.
Until volatility returns, patience and precision in trade timing are critical. A confirmed bullish engulfing candle could shift bias toward upside.
AUDUSD
The Aussie Dollar is gaining strength in a shifting risk environment. MACD shows increasing bullish volume and RSI reflects normalizing buying momentum. Price has also broken above the EMA200—often a signal for trend reversal.
This pair is primed for breakout entries, especially if global risk appetite improves. As economic indicators in China and the US evolve, watch for bullish follow-through.
NZDUSD
The Kiwi is attempting a rebound with rising buying volume. However, with overbought RSI levels and a test of the EMA200, caution is advised. Despite technical bullishness, the fundamental picture remains bearish.
This sets up a potentially interesting contrarian opportunity. Traders could exploit short-term rallies before resuming trend-based shorts—especially with careful trade timing.
EURUSD
EURUSD extends its sideways movement as market indecision prevails. The MACD is showing bearish volume, but price is yet to reflect this. RSI signals waning momentum.
This major currency pair is waiting for clearer cues, likely tied to US-EU policy developments. Until then, monitor for potential bullish engulfing candles near support zones for early entry cues.
USDJPY
The Yen sits at a crucial level, responding to Dollar strength and global policy speculation. MACD remains flat, and RSI shows overbought conditions, suggesting limited near-term upside.
Sideways action is likely unless new economic indicators trigger movement. Look for tight-range setups and prepare for sudden breakout entries as volatility returns.
USDCHF
The Swiss Franc is consolidated with no clear bias. MACD and RSI both suggest indecision. Awaiting stronger economic indicators or geopolitical catalysts is wise.
Directional trades should be avoided until a defined breakout occurs.
USDCAD
The Canadian Dollar remains under pressure amid trade policy concerns. MACD shows growing bearish volume, and RSI indicates normalized selling momentum.
Should the US impose further tariffs, we expect CAD weakness to accelerate. Prepare for breakout entries below key support levels. For now, consolidation may continue, but downside risk is building.
COT Report Sentiment Snapshot
Institutional positioning remains a crucial backdrop for understanding trade timing and sentiment shifts. Here’s the latest:
- AUD – WEAK (5/5)
- GBP – STRONG (5/5)
- CAD – WEAK (4/5)
- EUR – STRONG (5/5)
- JPY – STRONG (4/5)
- CHF – WEAK (5/5)
- USD – STRONG (3/5)
- NZD – WEAK (4/5)
- GOLD – STRONG (4/5)
- SILVER – STRONG (4/5)
This data enhances your edge when trading major currency pairs and precious metals, helping refine trade timing based on institutional sentiment.
Final Takeaway
As markets react to tariff announcements and shifting economic indicators, now is a pivotal moment for traders. Gold and silver offer potential for long setups, while several major currency pairs await breakout confirmation. Look for bullish engulfing formations, use precision in trade timing, and stay alert to emerging breakout entries.
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