COT Market Sentiment
This week’s Commitment of Traders (COT) report reflects a clear institutional bias across major currencies and commodities. These positioning shifts form the foundation of our 10 COT-Backed Forex Setups, helping swing traders align with the dominant market direction.
- AUD – WEAK (3/5)
- GBP – WEAK (5/5)
- CAD – WEAK (5/5)
- EUR – STRONG (5/5)
- JPY – STRONG (2/5)
- CHF – WEAK (3/5)
- USD – WEAK (3/5)
- NZD – WEAK (5/5)
- GOLD – STRONG (2/5)
- SILVER – STRONG (3/5)
These readings reveal tactical opportunities, especially when paired with macroeconomic context and technical indicators.
Market Analysis
GOLD
Gold remains in consolidation despite broader bullish sentiment. The price has not confirmed a breakout, but ongoing USD weakness supports the long-term bullish case. Among the 10 COT-Backed Forex Setups, Gold is a leading candidate for breakout watch.
SILVER
Silver continues its upward drift, yet the lack of structural confirmation keeps us cautious. This remains a potential short setup within the 10 COT-Backed Forex Setups, especially if momentum fades and resistance holds.
DXY
The U.S. Dollar Index is firmly bearish after Tuesday’s weak ISM Services PMI, which pushed September rate cut odds to 94.6%. The MACD and RSI show deepening selling pressure. As a core driver of the 10 COT-Backed Forex Setups, continued USD weakness opens up bullish opportunities in counter-currencies.
GBPUSD
The Pound has broken above the EMA200—a key resistance—but long-term structure hasn’t fully flipped bullish. MACD and RSI indicate growing buying pressure. GBPUSD earns its place among the 10 COT-Backed Forex Setups as a potential long, contingent on continued follow-through.
AUDUSD
AUDUSD shows increasing bullish momentum in indicators, though price remains sluggish. This pair is part of our 10 COT-Backed Forex Setups, but we remain on the sidelines until a clean breakout confirms directional intent.
NZDUSD
The Kiwi is mirroring the Aussie, with small bullish moves and strengthening MACD/RSI readings. It holds a spot in the 10 COT-Backed Forex Setups, but we’re watching for a clear structural shift before taking action.
EURUSD
The Euro has transitioned to a bullish market structure following yesterday’s session. With MACD and RSI aligned, this becomes one of the strongest opportunities in the 10 COT-Backed Forex Setups lineup for the week.
USDJPY
USDJPY is nearing the EMA200. Both MACD and RSI remain in consolidation. While this pair is range-bound, its technical position earns it a spot in the 10 COT-Backed Forex Setups as a potential bearish play on rejection from resistance.
USDCHF
USDCHF is still hovering near a structural boundary. With no confirmed breakout, this setup remains neutral. It rounds out the 10 COT-Backed Forex Setups as one to watch for breakout confirmation either way.
USDCAD
USDCAD is sliding lower as CAD strength overtakes USD weakness. Indicators suggest strong bearish volume. This makes it one of the more actionable short-side plays in the 10 COT-Backed Forex Setups this week.
Final Thoughts
This week’s 10 COT-Backed Forex Setups offer a solid mix of momentum and consolidation-based opportunities across majors and metals. With institutional positioning aligning with key technicals and macro drivers, traders can gain an edge by staying patient, structured, and adaptive.