MARKET ANALYSIS
GOLD
Gold prices have risen significantly after Trump’s first day in office. The uncertainty surrounding his policies has slowed the Dollar’s rally. Additionally, his mass deportation orders and delays in issuing tariffs have created market instability, prompting investors to shift funds to gold as a hedge against risk.
Trump’s unpredictability has led to increased demand for gold, with investors closely monitoring his every move. Any sudden policy announcements could trigger further price movements.
The MACD reflects increased bullish momentum, and the RSI is normalizing while showing divergence in price. The overall price action remains bullish, with expectations for continued gains. Currency trend evaluation suggests further upward movement, though short-term pullbacks may occur based on Trump’s policy changes.
SILVER
Silver prices have risen slightly, holding just above 30.6675. Both the MACD and RSI reflect strong bullish momentum. Price action supports continued buying, though silver’s gains may be less pronounced compared to gold. Traders utilizing quick profit methods should monitor silver closely for potential opportunities.
DXY
The Dollar Index gap remains unfilled, with prices consolidating as investors await Trump’s next policy moves. Both the MACD and RSI indicate increasing momentum and volume, but uncertainty over tariff policies leaves the market in limbo. Currency pair strategies and capital growth strategies will be essential as the market anticipates a rebound once clarity emerges.
GBPUSD
Despite the Dollar’s weakness, the Pound has struggled due to strained relations between the UK and Trump’s administration. Resistance at 1.23720 remains firm, though short-term developments suggest potential for upward movement. The MACD and RSI indicate increased buying momentum, but fundamental factors still favor a bearish structure. Reviewing best forex platform reviews can assist in refining trading strategies.
AUDUSD
The Australian dollar remains within its consolidation range, nearing the upper boundary. The MACD reflects increased buying volume, though the RSI shows overbought and oversold conditions, signaling indecision. While price action has shifted toward bullishness, a reversal remains likely due to anticipated RBA rate cuts. Currency trend evaluation is necessary for traders navigating this pair.
NZDUSD
The New Zealand dollar mirrors AUDUSD’s movement, remaining within its consolidation range. Both the MACD and RSI lack a clear directional bias, as analysts assess Trump’s trade policies. Market caution prevails, with currency pair strategies focusing on mitigating risk amid uncertain global trade dynamics.
EURUSD
The Euro remains under pressure amid ongoing trade tensions with the U.S. Although prices have risen above 1.03311, signaling short-term bullish momentum, the broader outlook remains bearish. The MACD suggests growing buying strength, while the RSI normalizes and gains momentum. Capital growth strategies should account for potential downside risks while identifying short-term opportunities.
USDJPY
The Yen remains consolidated after failing to breach 154.703. Both the MACD and RSI indicate consolidation, with the RSI nearing overbought levels. Price action suggests continued bearish movement, with traders awaiting a possible BOJ rate hike. Currency trend evaluation suggests potential selling pressure ahead of Friday’s central bank decision.
USDCHF
The Swiss Franc is gaining strength against the Dollar, staying below 0.90743. Both the RSI and MACD reflect increasing momentum and volume, supporting a bearish outlook for the Dollar in this pair. Quick profit methods may be applicable as short-term volatility persists.
USDCAD
The Canadian dollar remains within a volatile consolidation phase, reflecting uncertainty over Trump’s trade policies. The MACD and RSI provide conflicting signals, reflecting indecision. Despite this, price action maintains a bullish structure, and currency trend evaluation supports potential further gains once clarity on trade policy emerges.
COT REPORT ANALYSIS
- AUD – WEAK (4/5)
- GBP – WEAK (5/5)
- CAD – WEAK (4/5)
- EUR – WEAK (4/5)
- JPY – WEAK (5/5)
- CHF – WEAK (5/5)
- USD – STRONG (5/5)
- NZD – WEAK (4/5)
- GOLD – STRONG (5/5)
- SILVER – STRONG (5/5)
