COT Market Sentiment
This week’s Commitment of Traders (COT) report outlines a clear landscape of strength and weakness across major currencies and commodities. These sentiment readings help guide our 10 High-Impact Forex Setups, blending institutional positioning with technical price action.
- 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)
This sentiment profile provides the foundation for both bullish and bearish setups in the trading week ahead.
Market Analysis
GOLD
Gold is under pressure after yesterday’s weakness, breaking below key boundaries and the EMA200. MACD and RSI confirm growing bearish momentum. As one of the 10 High-Impact Forex Setups, Gold now leans toward short-side opportunities unless upcoming U.S. data shifts market sentiment back in its favor.
SILVER
Silver is range-bound, with MACD and RSI showing increasing bearish momentum despite an underlying bullish bias in recent weeks. This conflicting picture means Silver remains in the 10 High-Impact Forex Setups list as a “wait-and-see” trade until a structural breakout confirms direction.
DXY
The U.S. Dollar Index is steady ahead of critical inflation data. While MACD and RSI show short-term bullish recovery, the broader structure remains bearish. This supports multiple counter-currency opportunities within the 10 High-Impact Forex Setups. CPI, PPI, and Retail Sales data will be decisive in shaping USD’s trajectory.
GBPUSD
The Pound remains resilient, with price action holding firm despite MACD showing mild selling pressure. Buyers continue to absorb weakness, supporting a bullish bias. GBPUSD is one of the 10 High-Impact Forex Setups to watch for potential upside breakouts.
AUDUSD
AUDUSD tests the EMA200, with muted MACD readings and RSI easing from overbought levels. The setup suggests consolidation. As part of the 10 High-Impact Forex Setups, upside potential remains, but traders should be cautious until a confirmed breakout occurs.
NZDUSD
The Kiwi faces strong resistance at 0.59796 and has slipped below the EMA200—a clear bearish signal. This makes NZDUSD a standout short-side candidate in the 10 High-Impact Forex Setups unless it can reclaim the resistance zone.
EURUSD
EURUSD continues to build on bullish momentum, supported by the EMA200. MACD shows limited bearish volume, while RSI trends upward. This pair remains one of the stronger buy candidates in the 10 High-Impact Forex Setups, particularly if it clears overhead resistance.
USDJPY
USDJPY’s consolidation signals indecision, with potential for a bullish continuation if it breaks higher. Domestic Japanese factors and U.S. Dollar weakness will play a role here. It remains in the 10 High-Impact Forex Setups watchlist, pending breakout confirmation.
USDCHF
USDCHF consolidates in line with DXY’s stability. Oversold RSI could attract buyers, but movement will likely mirror the Dollar’s post-data trajectory. It’s a reactive setup within the 10 High-Impact Forex Setups list.
USDCAD
USDCAD climbs in a corrective rally against its broader bearish structure. MACD shows bullish momentum, and RSI nears overbought territory. This makes it a potential short candidate in the 10 High-Impact Forex Setups once the rally shows signs of exhaustion.
Final Thoughts
This week’s 10 High-Impact Forex Setups balance breakout opportunities with patience-demanding consolidations. Gold and NZDUSD present clearer short biases, while EURUSD and GBPUSD lead the bullish side.
Key strategies for the week:
- Watch U.S. inflation data for market-defining moves.
- Stay disciplined—avoid premature entries without structural confirmation.
- Use COT sentiment to align trades with institutional flows.
Patience will be crucial in navigating the calm before potentially volatile market shifts.