COT Market Sentiment
The latest Commitment of Traders (COT) data reveals clear sentiment trends across major currencies and commodities. These readings form the foundation for this week’s 11 COT-Driven Forex Setups, aligning institutional positioning with technical analysis to identify high-probability trade ideas.
- 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 sentiment levels help pinpoint where bullish and bearish setups are likely to emerge in the trading week ahead.
Market Analysis
GOLD
Gold continues to advance, breaking past $3,391.26 with steady bullish momentum. MACD and RSI both show strong buying interest, fueled by sustained U.S. Dollar weakness and expectations of a September Fed rate cut. As one of the top 11 COT-Driven Forex Setups, Gold remains a priority for buying opportunities on pullbacks.
SILVER
Silver is testing a key structural zone that could confirm a bullish shift. While MACD and RSI show rising momentum, a clean break is still needed before confirming further upside. This setup holds potential in the 11 COT-Driven Forex Setups, but traders should wait for structural confirmation before entering long positions.
DXY
The U.S. Dollar Index shows deepening bearish pressure following weak PMI data and higher jobless claims. MACD and RSI both point to ongoing selling opportunities. DXY weakness underpins many of the 11 COT-Driven Forex Setups, supporting bullish plays in counter-currencies like EURUSD and GBPUSD.
GBPUSD
The Pound is gaining strength with MACD and RSI confirming strong bullish momentum. Persistent U.S. Dollar weakness fuels the rally. GBPUSD’s upside potential earns it a spot in the 11 COT-Driven Forex Setups, but traders should monitor for overextended moves before entering new buys.
AUDUSD
AUDUSD is challenging the EMA200 with bullish signals from MACD and RSI. While momentum is improving, a decisive break is required for full bullish confirmation. This remains a watchlist candidate within the 11 COT-Driven Forex Setups.
NZDUSD
The Kiwi is showing increased bullish momentum, supported by MACD and RSI. While more upside is expected, the overall structure has yet to confirm a full trend reversal. This pair’s position in the 11 COT-Driven Forex Setups highlights the need for patience before committing to larger positions.
EURUSD
The Euro is testing the upper range boundary, supported by the EMA200 and the 1.16110 level. MACD and RSI both point to strengthening bullish momentum. EURUSD is one of the most promising long setups within the 11 COT-Driven Forex Setups for the week ahead.
USDJPY
USDJPY remains above its lower boundary despite broad USD weakness, signaling Yen underperformance. MACD and RSI are consolidating, suggesting that range conditions could persist before a decisive move. This setup remains neutral within the 11 COT-Driven Forex Setups but could flip bearish if resistance holds.
USDCHF
USDCHF is consolidating in a bullish range and is not fully benefiting from USD weakness. MACD and RSI also indicate sideways momentum. For now, it remains a neutral setup in the 11 COT-Driven Forex Setups until a breakout occurs.
USDCAD
USDCAD is testing the EMA200, with bearish signals confirmed by MACD and RSI. Canadian jobs data later today could trigger volatility, making this one of the more event-driven plays in the 11 COT-Driven Forex Setups.
Final Thoughts
This week’s 11 COT-Driven Forex Setups show a strong tilt toward bullish opportunities in metals and select major currency pairs, supported by institutional sentiment and macro fundamentals. Key themes include:
- Buying opportunities in Gold and EURUSD if momentum continues.
- Monitoring AUDUSD and NZDUSD for confirmed bullish breaks.
- Keeping DXY weakness as a driver for counter-currency strength.
Patience and discipline are critical—waiting for clean technical confirmations can significantly improve trade quality. Traders should also remain alert to high-impact news, especially jobs data and central bank signals, which could shift sentiment quickly.