Market Analysis
GOLD
GOLD is currently holding near its lower boundary and the EMA200, following some losses experienced yesterday. Both the MACD and RSI indicators show increased bearish movement and strong bearish momentum. However, as long as this lower boundary holds, we will not call for a price shift and will continue to look for bullish opportunities. For now, we are watching for a potential bounce off this structural level as an entry point to buy the market. This aligns with long-term forex trading strategies and volatility analysis in forex.
SILVER
SILVER prices are currently showing increased bullish movement. The bounce off the EMA200 indicates growing appreciation, and the MACD shows a notable increase in bullish volume. However, the RSI is rapidly approaching overbought levels. We will await a clear break above the recent high before taking action, reinforcing our forex risk management in swings.
DXY
The Dollar is showing unexpected strength due to improved U.S. consumer confidence and a delay in tariffs on the EU. These developments have increased demand for U.S. assets. Despite this bullish move, the market is respecting established selling structures, and we maintain a bearish bias. The Dollar’s strength affects forex pair correlation, especially against majors like the EUR, GBP, and JPY.
GBPUSD
The Pound is seeing increased selling momentum, as shown by the RSI and MACD. Prices may test the EMA200. Despite the current drop, the broader trend remains bullish. We continue to seek long-term forex trading setups with favorable risk-reward ratios.
AUDUSD
AUD is testing the 0.64427 level and the EMA200. While price action is slightly bearish, the market structure remains intact. As long as 0.64086 holds, bullish scenarios remain viable. This is a textbook case of forex risk management in swings and monitoring volatility analysis in forex.
NZDUSD
NZD has rebounded after RBNZ’s rate cut, supported by inflation control and economic optimism. Buying volume is increasing, as shown by MACD and RSI. Expect continued upside in the medium term, aligned with long-term forex trading goals.
EURUSD
EUR remains in consolidation near the EMA200. The MACD and RSI are balanced, signaling potential retracement. We are watching for either a bullish continuation or a shift lower. Cross-referencing this with cross currency analysis provides deeper insight.
USDJPY
The Yen weakened as the U.S. Dollar gained strength. MACD and RSI show strong bullish momentum. However, Japan’s uncertain economic outlook and bond market dynamics keep the long-term picture complex. This pair reflects high forex pair correlation sensitivity to U.S. economic policy.
USDCHF
The Swiss Franc is testing EMA200 with rising bullish momentum. Since the Franc often acts as a safe-haven counter to the Dollar, we remain cautious and observe how strength evolves, highlighting cross currency analysis dynamics.
USDCAD
CAD is near EMA200, and price direction will depend on its reaction at this level. Despite current bullish volume, the pair remains within a broader bearish structure. Continued volatility analysis in forex is needed to guide entries.
COT Market Analysis
- AUD – WEAK (5/5)
- GBP – STRONG (2/5)
- CAD – WEAK (5/5)
- EUR – STRONG (3/5)
- JPY – STRONG (4/5)
- CHF – WEAK (5/5)
- USD – MIXED
- NZD – WEAK (4/5)
- GOLD – STRONG (4/5)
- SILVER – STRONG (5/5)
Final Thoughts
This week’s market analysis reveals critical patterns across major pairs and commodities. Through cross currency analysis, we see how forex pair correlations impact price actions, particularly in response to macroeconomic news and central bank signals. Traders focusing on long-term forex trading should pay attention to structural levels and indicator confluence. For those managing forex risk in swings, disciplined entries near EMA and volatility thresholds offer strategic advantages. Stay sharp and adapt to evolving market momentum.