Gold
GOLD remains near the EMA200, showing minimal movement as the market awaits inflation reports. Our outlook remains unchanged, with expectations still leaning bearish. Price rejection at the EMA200 further supports this bearish stance. Quantitative forex models suggest that gold’s price action could be influenced by inflation expectations and geopolitical risks.
Silver
Despite a slight recovery, buying momentum remains weak, reinforcing our expectation that selling will continue. We will monitor price action closely for further developments, but for now, there are no changes to our previous outlook. The current weakness could indicate a shift in sentiment for forex scalping automation, where quick and efficient trades may capitalize on small price moves in silver.
DXY
The Dollar shows no significant movement as traders await inflation data and the potential implementation of Trump’s tariff plans. With no major price shifts, our analysis remains unchanged. We will wait for clearer price action before adjusting our stance. Regulated MetaTrader platforms are ideal for traders looking to track the DXY in real-time with efficient charting and automated trading features.
GBPUSD
The Pound broke above resistance and continues its bullish momentum, though volume remains low. The MACD indicates a lack of strength, while the RSI shows a steady bullish progression. Given the current price action, we maintain a bullish bias but will remain watchful for potential shifts in momentum. This scenario could be a prime opportunity for compounding forex profits by leveraging the Pound’s continued bullish trend.
AUDUSD
The Australian Dollar continues to weaken against the U.S. dollar as the market trends downward. We expect further selling to take place. The RSI is moving sideways, suggesting indecision, but overall, the bearish trend remains intact. Hedging with multiple currencies may help manage risks if the market shifts unexpectedly in the short term.
NZDUSD
The Kiwi is showing increased weakness, confirming yesterday’s price action. Although the MACD and RSI have yet to reflect a strong sell signal, price action suggests a clear market shift toward selling. The EMA200 is now acting as resistance, further reinforcing the bearish outlook.
EURUSD
The Euro remains in consolidation, following our previous expectations. Our analysis remains unchanged, but there is a possibility of a break to the downside, testing the lower boundary of the consolidation range. This is supported by rising MACD volume and increasing RSI momentum.
USDJPY
The Yen has shown little movement, with no significant price action yesterday. We will continue to monitor the market, but for now, our analysis remains unchanged.
USDCHF
The Franc saw the U.S. dollar gain ground, bouncing off 0.89431. We expect a test of the EMA200. However, we are not yet calling for a full market shift, as the move is only a few pips away from a critical level. The RSI is nearing overbought territory, suggesting potential bearish pressure ahead. We maintain our previous outlook and will monitor how this setup unfolds.
USDCAD
The CAD continues to weaken following Trump’s tariff announcement. While we anticipate more price movement, the market is showing increasing bullish momentum, with both the MACD and RSI supporting a continuation of buying pressure. Our outlook remains unchanged from yesterday.
COT Reports Analysis
AUD – WEAK (3/5)
GBP – WEAK (1/5)
CAD – WEAK (4/5)
EUR – WEAK (3/5)
JPY – STRONG (5/5)
CHF – WEAK (5/5)
USD – STRONG (5/5)
NZD – WEAK (5/5)
GOLD – STRONG (4/5)
SILVER – STRONG (5/5)