COT Market Sentiment
The 10 Key COT Forex Insights highlight market sentiment with clear directional trends. AUD, CAD, NZD, GBP, CHF, and USD remain weak, while EUR and JPY show relative strength. Precious metals continue to outperform, with Gold and Silver rated strongly bullish. These signals reinforce the importance of balancing sentiment with technicals, helping traders align strategies with overall market direction.
- AUD – WEAK (5/5)
- GBP – SLIGHTLY WEAK (3/5)
- CAD – WEAK (3/5)
- EUR – STRONG (4/5)
- JPY – STRONG (4/5)
- CHF – WEAK (4/5
- USD (DXY) – WEAK (4/5)
- NZD – WEAK (4/5)
- GOLD – STRONG (5/5)
- SILVER – STRONG (5/5)
Market Analysis
GOLD
Gold surged near $3,770.09 after weak US Consumer Sentiment data. Momentum remains strongly bullish, fueled by expectations of Federal Reserve rate cuts. Resistance sits above $3,800, a channel top, while key supports are $3,703 and $3,700. Pullbacks toward support could offer long opportunities. This aligns with 10 Key COT Forex Insights, suggesting that structural strength keeps gold attractive in the current environment.
SILVER
Silver has outperformed gold recently, hitting new highs on strong demand and Fed-driven optimism. Immediate resistance is $45.188, with near-term support at $43.673. Despite overbought signals, sentiment remains bullish. Silver’s strength reflects another of the 10 Key COT Forex Insights, emphasizing industrial demand alongside safe-haven flows.
DXY
The Dollar Index rallied toward 98.50, benefiting from Fed rate cuts and tariff concerns. Bulls eye 98.60–99.00 as key resistance, while 97.70 remains critical support. A sustained drop below 97.70 could flip sentiment bearish. Within the 10 Key COT Forex Insights, DXY’s resilience highlights USD dominance despite temporary corrections.
GBP/USD
Cable slipped into the 1.3320 support zone, pressured by dollar strength. Resistance at 1.3500 must be reclaimed for any recovery. Oversold RSI suggests potential short-term relief, but the broader bias remains bearish. This move fits within the 10 Key COT Forex Insights, showing how weaker GBP continues to validate COT forecasts.
AUD/USD
AUD/USD broke down to new lows near 0.65200. Resistance at 0.66037 caps recovery attempts, while sentiment remains bearish amid trade-sensitive pressures. Oversold levels may allow temporary rebounds. Among the 10 Key COT Forex Insights, AUD’s persistent weakness illustrates vulnerability to global economic uncertainty.
NZD/USD
NZD/USD broke decisively below 0.5817, signaling heavy bearish sentiment. Resistance is capped at 0.5820, while 0.5660 acts as critical downside support. Sellers maintain control, with the pair at deeply oversold levels. This confirms the 10 Key COT Forex Insights, where commodity currencies remain under intense pressure.
EUR/USD
EUR/USD remains in a ranging pattern after rejection at the February trend line. Support lies at 1.15643, with resistance near the same trend line. Market sentiment has normalized to neutral. This reflects one of the 10 Key COT Forex Insights, suggesting EUR stability despite dollar strength.
USD/JPY
USD/JPY continued higher toward 149.50, with support near 149.00 and resistance at 150.00. Strong bullish momentum persists as yield differentials favor the dollar. The pair is likely to extend gains if US data supports dollar strength. This aligns with 10 Key COT Forex Insights, showing yen weakness under current fundamentals.
USD/CHF
USD/CHF rallied near 0.8010 but faced profit-taking, consolidating recent gains. Support is 0.79574, resistance at 0.80140. Sentiment stays bullish, reflecting the broader dollar-positive backdrop. This consolidation confirms another of the 10 Key COT Forex Insights, reinforcing USD dominance in safe-haven flows.
USD/CAD
USD/CAD consolidated near 1.3900, with resistance at 1.4000. While neutral-to-bullish, sentiment leans positive as long as support holds. A breakout above 1.4000 could trigger fresh highs. Within the 10 Key COT Forex Insights, CAD weakness confirms USD’s ongoing strength against commodity-linked currencies.
Final Thoughts
The 10 Key COT Forex Insights provide traders with a clear roadmap for current market dynamics. Precious metals shine, USD dominance holds firm, and commodity-linked currencies remain pressured. These insights can guide more informed trading strategies. For deeper resources, explore GFS Markets, RS Fin, and WorldQuestFX.