Market Analysis
GOLD
Gold prices saw a significant rise ahead of Trump’s recent announcement. Throughout yesterday’s trading session, a surge in volume drove gold prices higher. This surge was likely driven by profit-takers re-entering the market after prices dipped to premium levels. Earlier today, Trump announced a 90-day pause on new tariffs, while simultaneously raising tariffs on Chinese imports to 125%. This move could further enhance gold’s appeal as a safe haven. Both the MACD and RSI reflect steadily rising volume and momentum, supporting the bullish case for gold.
Although the pause may ease some immediate inflation concerns, it does not eliminate the underlying issue. This 90-day window may open the door for international negotiations aimed at easing current tariffs.
SILVER
Silver has approached the EMA200 after rising in yesterday’s session. While the broader momentum remains bearish, there’s a growing possibility for further price appreciation in line with gold’s upward move. The MACD and RSI show increasing volume and bullish momentum, signaling potential for continued gains in the short term. Traders should continue monitoring silver for signs of continued bullish movement, with optimized forex signals suggesting potential upside.
DXY
The Dollar is showing signs of further weakness. The EMA200 continues to act as strong resistance, as seen in previous sessions. The MACD indicates rising selling volume, while the RSI shows growing bearish momentum. Given recent developments from Trump, there’s potential for the price to stabilize at current levels and consolidate. However, the technical picture still leans bearish, and we anticipate further downside unless macro dynamics shift within the 90-day tariff pause window.
GBPUSD
The Pound remains in consolidation near the EMA200, caught between two structural price levels. Both the MACD and RSI show increasing volume and momentum leaning toward a bearish continuation. We maintain a bearish stance unless a clear directional breakout occurs. Traders looking for real-time trading ideas should be cautious and wait for a definitive move.
AUDUSD
The Aussie dollar is finding resistance at both the EMA200 and the 0.61705 level. While the RSI and MACD suggest growing bullish momentum and volume, the overall price structure remains bearish. We anticipate this recent bounce may be short-lived, and we continue to look for selling opportunities as price action favors further downside.
NZDUSD
The Kiwi is behaving similarly to the Aussie, currently facing resistance at the EMA200. While the MACD and RSI are pointing to increasing bullish volume and momentum, the broader trend is still bearish. We’re holding off for a clearer move or a confirmed breakout before committing to a directional bias.
EURUSD
The Euro failed to break higher after being resisted at 1.10478. While multiple attempts have been made, none have been successful. This opens up the possibility for bearish movement in the coming days. However, as long as the broader price structure remains bullish, we’ll refrain from calling for selling until we see definitive signs of a trend reversal. For forex market trend analysis, this setup suggests waiting for confirmation before taking action.
USDJPY
The Yen remains stuck within a wide consolidation range, unable to decisively break in either direction. While both the MACD and RSI hint at a potential bullish move, we expect the consolidation to continue for now, and will adjust if stronger momentum emerges. Forex risk management is key here, as traders should avoid taking aggressive positions until a clear trend is established.
USDCHF
The Swiss Franc remains in consolidation following a sudden influx of buyers triggered by the announcement of the tariff pause. With the dollar regaining strength and short-term inflation concerns temporarily easing, the immediate bullish push seems more reactionary than sustainable. Despite this bounce, we still anticipate further selling in the coming days, as the overall structure remains bearish. While the MACD indicates an increase in bullish volume, the RSI is already signaling overbought conditions, suggesting limited upside potential from current levels.
We remain cautious and wait for a clearer price movement before making directional commitments. For best forex signal providers, it’s essential to filter trades with precise timing.
USDCAD
The Canadian Dollar (CAD) is showing increased selling pressure, with the MACD and RSI reflecting a rise in bearish volume and momentum. The EMA200 is acting as a solid resistance level. This supports our previous outlook of further CAD strength. The overall price structure remains bearish, so we continue to look for short opportunities in this pair.
COT Reports Analysis
Here’s the latest Commitment of Traders (COT) outlook, reinforcing directional bias:
- AUD – WEAK (4/5)
- GBP – WEAK (3/5)
- CAD – WEAK (5/5)
- EUR – WEAK (3/5)
- JPY – STRONG (5/5)
- CHF – WEAK (5/5)
- USD – STRONG (5/5)
- NZD – WEAK (5/5)
- GOLD – STRONG (5/5)
- SILVER – WEAK (3/5)
These ratings provide valuable insights for traders looking to optimize their forex strategies. Use them to filter trades effectively, and stay aligned with the market’s prevailing sentiment.
Final Thoughts
As tariff announcements continue to shake up global markets, the forex landscape remains volatile. The forex risk management strategies outlined in this analysis will help traders navigate through periods of uncertainty. Whether you’re looking for real-time trading ideas, optimized forex signals, or just staying informed on the latest market developments, maintaining a cautious approach is crucial during these turbulent times.
Stay tuned for more updates, as we continue to monitor and adjust based on evolving market conditions.