Market Analysis
GOLD
Gold continues to hover at the EMA200 after failing to extend its bullish trend. Last week’s strong U.S. jobs data strengthened the Dollar and added downward pressure. MACD shows building bullish volume, but RSI remains flat, indicating indecision. With key events like U.S. inflation data and the July 9 tariff deadline ahead, this is a critical zone. Traders should rely on a forex swing trade risk-reward calculator to manage exposure and define forex swing entry and exit points around these catalysts.
SILVER
Silver remains bullish, trading above the 36.7308 level. Despite Gold’s weakness, Silver’s rise suggests market participants view Gold as overbought. MACD and RSI support bullish continuation. Swing traders should consider this divergence while practicing swing trading risk management, especially when trading correlated metals with diverging behavior.
DXY
The U.S. Dollar Index is consolidating, facing resistance at the EMA200. While the MACD and RSI both reflect a pause in momentum, the broader structure is bearish. A break of the range low could confirm continuation. Until then, managing positions with an optimal risk to reward ratio is essential, especially with NFP’s recent strength already priced in.
GBPUSD
The Pound is slightly below its range highs and still consolidating. MACD hints at increased selling, but RSI indicates recent oversold conditions, leading to mixed sentiment. Until the structure shifts, entries should be sized conservatively, with clear forex swing entry and exit points defined to avoid reacting prematurely.
AUDUSD
The Aussie is bouncing near the EMA200, with no decisive breakout. MACD shows rising sell pressure, while RSI continues to normalize. However, as long as price stays above 0.65250, the overall bullish structure remains intact. Use a structured forex trading approach and wait for confirmation before increasing position size.
NZDUSD
The Kiwi is still bullish overall, but currently tests the 0.60455 level in a tight consolidation. MACD and RSI lean bearish, though the overall bias remains unclear. Until price breaks cleanly, this is a textbook example of when to pause and rely on swing trading risk management to preserve capital.
EURUSD
The Euro remains range-bound. Without a break in either direction, directional calls carry more risk. Traders should monitor price levels closely and apply a forex swing trade risk-reward calculator to assess if entry levels are worth the risk under low momentum conditions.
USDJPY
USD/JPY is in flux as it tests major resistance levels. If price breaks and holds above 145.196, we may see a shift back to bullish momentum. MACD shows rising bullish volume, and RSI reflects strength, even during shallow pullbacks. However, until confirmation, it’s best to maintain a balanced view and apply swing trading risk management principles to avoid exposure to false breakouts.
USDCHF
The Franc remains a defensive play as risk sentiment fluctuates. Prices continue to consolidate, but bearish momentum is increasing, supported by the MACD and RSI. With macro uncertainty from tariffs and inflation data, the Franc may continue higher as a safe-haven. Traders should define forex swing entry and exit points carefully, especially around EMA200 retests.
USDCAD
USD/CAD is weakening again as the CAD gains strength. Indicators show divergence—MACD rising despite price stagnation, and RSI pulling away from overbought territory. This bearish divergence suggests further downside potential. Managing losses in forex swing trades here will require tight stops and reactive adjustments as price unfolds.
Final Thoughts
The coming week is shaped by two powerful market drivers: U.S. inflation data and the July 9 tariff deadline. Across all major pairs, we’re seeing a theme of consolidation, hesitation, and waiting on confirmation. This is the perfect time to lean on your forex swing trade risk-reward calculator, define strong forex swing entry and exit points, and practice rigorous swing trading risk management. Avoid overcommitting in uncertain conditions and stay ready to adapt. Whether bullish or bearish, setups only matter if you manage them right—and managing losses in forex swing trades remains the key to long-term profitability.