Gold

Gold has retracted slightly after hitting another historic high, though many analysts expect another surge soon. The market remains firmly bullish, with the potential for a brief retest of the EMA200 before continuing its upward trajectory. The MACD is currently bearish but lacks significant selling momentum, suggesting this could be a minor correction rather than a reversal. The RSI previously indicated oversold levels, reinforcing the bullish sentiment. If price holds above 2942.993, we could see another push higher—potentially starting in the early Asian session, offering premium buying opportunities.

This market development is an excellent opportunity for breakout trading methods, as it aligns with the potential for more significant price movements and trading signals.

Silver

Silver appears poised to follow gold’s bullish momentum, although buying hesitation is still present. Both the RSI and MACD reflect strengthening bullish momentum. If gold breaks new highs, silver is likely to follow with strong upward moves in the near future. This trend could also present great opportunities for traders relying on algorithmic trading signals.

DXY

The US Dollar remains bearish, weighed down by market unpredictability and a “wait-and-see” sentiment among investors. The RSI and MACD both reflect strong bearish trends, and the EMA200 continues to drift downward after rejecting any bullish reversal. Until market sentiment shifts, the dollar remains weak. Traders should keep an eye on worldwide economic indicators as they may provide further insight into the US dollar’s movement.

GBPUSD

The Pound rebounded after holding strong support at 1.25740. With escalating trade tensions due to Trump’s policies, markets remain cautious but hopeful given his somewhat negotiable stance. In the short term, we expect bullish moves driven by market participants aiming to sell at higher levels, while the long-term bias remains bearish. The MACD and RSI show buying strength, and the EMA200 is beginning to shift upward. This movement could be a perfect setup for a capital distribution strategy, balancing risk and reward.

AUDUSD

The Aussie Dollar continues its bullish movement, helped by dollar weakness. After testing 0.64086, the RSI now reflects oversold conditions, indicating more room for price increases. The EMA200 and overall momentum support a continuation of the bullish trend. As a result, we expect further upside in this pair, reinforcing breakout trading methods.

NZDUSD

The Kiwi is gaining traction, with both the MACD and RSI reflecting growing bullish volume after a brief hesitation in price action. We expect further upside in the coming days, with increasing confidence in this bullish trend. Traders who utilize algorithmic trading signals should take note of these developments for potential entry points.

EURUSD

The Euro has regained strength and is now showing more bullish momentum, with the RSI and MACD supporting further upward moves. Price action has respected the bullish structure, and we’re now watching for a breakout beyond the current consolidation zone. This could indicate the perfect time to leverage advanced forex strategies.

USDJPY

The Yen capitalized on dollar weakness, breaking above previous resistance levels. It’s currently testing 150.883—failure to break this point could trigger more selling pressure. The RSI signals overbought conditions, and the MACD shows weak buying momentum, indicating a likely continuation of the bearish trend. Expectations for rate hikes from the BOJ further support this view, which could offer volatility breakout trading opportunities.

USDCHF

The Franc is seeing increased selling pressure after getting rejected by the EMA200 and respecting the lower swing highs. Both the MACD and RSI support further downside, with the RSI showing overbought conditions—further confirming our bearish outlook. This behavior aligns well with breakout trading methods.

USDCAD

The CAD failed to break above the previous swing high and the EMA200, leading to a bearish continuation as expected. The RSI confirms the momentum shift back to the downside, and we expect further selling pressure in the coming days, creating an ideal scenario for trading based on forex chart patterns.

COT Reports Analysis

• AUD – WEAK (4/5)
• GBP – WEAK (2/5)
• CAD – WEAK (4/5)
• EUR – WEAK (5/5)
• JPY – STRONG (5/5)
• CHF – WEAK (4/5)
• USD – STRONG (5/5)
• NZD – WEAK (5/5)
• GOLD – STRONG (4/5)
• SILVER – STRONG (4/5)