COT Reports Analysis
AUD – WEAK (5/5)
GBP – STRONG (5/5)
CAD – WEAK (3/5)
EUR – STRONG (5/5)
JPY – STRONG (2/5)
CHF – WEAK (3/5)
USD – MIXED
NZD – WEAK (3/5)
GOLD – STRONG (4/5)
SILVER – STRONG (5/5)
Market Analysis
GOLD
Gold prices were little changed, testing the high boundary of a key consolidation zone. With tariff deadlines looming and increased volatility, a breakout seems possible. MACD signals bullish continuation, while RSI shows rising momentum. Until a structural break occurs, we stay cautious. Intermarket currency correlation with the weakening Dollar hints at delayed gold rallies.
SILVER
Silver climbed despite gold’s stagnation—its own appeal strengthened by geopolitical fears. MACD and RSI show bullish potential, but price remains within consolidation. This reflects the volatility-based forex strategies traders are using, rotating risk between metals.
DXY
The Dollar weakened further amid ceasefire hopes and tariff uncertainty. MACD reflects heavy selling, RSI shows oversold signs. The Dollar’s fall illustrates how intermarket currency correlation can mute expected safe-haven behavior.
GBPUSD
The Pound rallied strongly, breaking key resistance after the Dollar weakened. MACD and RSI signal further bullish potential. As a diversification tactic, forex portfolio diversification into GBP may yield long-hold opportunities.
AUDUSD
The Aussie gained despite rate cut expectations. Market sentiment shifted bullishly as the ceasefire showed signs of holding. MACD and RSI reflect buying strength. This cross-asset move aligns with broader intermarket currency correlation themes, as traders cycle out of the Dollar.
NZDUSD
NZD followed AUD, breaking consolidation. MACD and RSI indicate strength. The pair shows how volatility-based forex strategies thrive when price breaks follow correlated assets.
EURUSD
Euro broke the 1.16110 barrier, now acting as support. MACD shows strong buying volume; RSI near overbought. Euro’s strength is supported by its correlation with weakening USD and improving German PMI data.
USDJPY
The Yen gained, driving USDJPY lower. MACD and RSI reflect bearish strength. The pair showcases the risk-reward ratio in forex swings where Yen’s safe-haven appeal competes with Dollar sentiment.
USDCHF
Swiss Franc strengthened as the Dollar dropped. MACD and RSI point bearish. Traders are leaning on long-hold forex strategies here, betting on sustained Dollar weakness relative to CHF.
USDCAD
USD/CAD remains in consolidation. MACD and RSI are mixed. Oil volatility and USD weakness offset each other, creating sideways movement. Intermarket analysis shows CAD not fully reacting due to its unique commodity exposure.
Final Thoughts
This week’s market activity underscores the importance of intermarket currency correlation in strategic forex planning. As the Dollar weakens, gold and risk-on currencies diverge, offering traders unique setups. Understanding how these assets move in relation to each other is critical for optimizing your forex portfolio diversification, especially during geopolitical volatility. Whether you’re building long-hold forex strategies or executing volatility-based forex strategies, aligning technical signals with global intermarket shifts can unlock smarter entries and exits.