COT Market Sentiment
This week’s Commitment of Traders (COT) report highlights directional biases that shape our 6 Smart Trade Setups. Understanding sentiment allows traders to align reward to risk ratio examples with current momentum and integrate entry and exit timing strategies effectively.
AUD – WEAK (5/5)
GBP – WEAK (5/5)
CAD – WEAK (5/5)
EUR – STRONG (2/5)
JPY – STRONG (2/5)
CHF – WEAK (5/5)
USD – WEAK (5/5)
NZD – WEAK (5/5)
GOLD – STRONG (5/5)
SILVER – STRONG (3/5)
Market Overview
The market awaits U.S. Core Retail Sales data due later today—a catalyst that will likely influence all 6 Smart Trade Setups. Expectations for a September rate cut remain a major driver, pushing traders to assess risk tolerance in swing trading while maintaining trading psychology and discipline.
Market Analysis
GOLD
Gold remains in consolidation after pulling back from EMA200. As part of the 6 Smart Trade Setups, this requires patience and entry and exit timing strategies to capture a confirmed breakout post-data release.
SILVER
Silver trades at EMA200 with mixed signals—bullish structure but short-term bearish momentum in MACD and RSI. In 6 Smart Trade Setups, traders can apply reward to risk ratio examples to plan both breakout and breakdown scenarios.
DXY
The Dollar shows increasing bearish momentum after EMA200 rejection. This setup fits 6 Smart Trade Setups by targeting USD weakness in counter-currency plays while managing losing streaks in forex through structured stops.
GBPUSD
GBPUSD holds a bullish outlook tied to the U.S. Dollar narrative. In 6 Smart Trade Setups, traders using WQFX can journal trades to refine trading psychology and discipline while tracking Core Retail Sales impact.
AUDUSD
AUDUSD shows short-term bearish momentum within a bullish structure. A careful approach in 6 Smart Trade Setups involves aligning risk tolerance in swing trading with potential reversal triggers.
NZDUSD
NZDUSD mirrors AUDUSD’s behavior, reinforcing its place in the 6 Smart Trade Setups list. A breakout plan based on entry and exit timing strategies can help capitalize on the post-data move.
EURUSD
EURUSD holds EMA200 support with stronger buying pressure than selling. As part of 6 Smart Trade Setups, traders can use reward to risk ratio examples to define entry zones.
USDJPY
USDJPY’s bearish trend continues as JPY strengthens. In 6 Smart Trade Setups, maintaining trading psychology and discipline is key for riding trending moves.
USDCHF
USDCHF remains in consolidation. Its role in 6 Smart Trade Setups is to wait for confirmation before committing—an important part of managing losing streaks in forex.
USDCAD
USDCAD is testing key resistance that could shift trend bullish. In 6 Smart Trade Setups, traders can leverage WQFX analytics to evaluate momentum strength before entering.
Final Thoughts
The 6 Smart Trade Setups this week require patience and alignment with both sentiment and macro catalysts. By integrating reward to risk ratio examples, entry and exit timing strategies, managing losing streaks in forex, risk tolerance in swing trading, and trading psychology and discipline, traders can optimize their approach for today’s Core Retail Sales data release.
Further insights and tools: