DBG Markets: Market Report for Mar 11, 2025

Market Analysis

GOLD - GOLD prices drooped low under, testing the previous higher low zone. The MACD is also currently showing increased selling volume with the RSI reflecting the same sentiment. There is a chance for markets to continue going lower. This fall comes from analysts waiting for how the US data comes out later. Overall price action is still bullish.

SILVER - SILVER prices are currently waiting to see how it will progress in the coming days. However, current movement does show a chance for it to continue going lower. The MACD is currently showing increased selling volume with the RSI showing increased bearish momentum. We anticipate further selling in the coming price trades. But we wait for more confirmation.

DXY - The Dollar is currently still consolidated, waiting for a more clear market direction from data to be released. We will withhold from calling any market direction to allow the price to continue the way it should. We need a clearer break to either direction. The MACD and the RSI are not to be trusted at the moment as both show little movement. Although, the MACD does show increased buying volume despite the low movement of price. This tells us that there is little movement for the rise.

GBPUSD - The pound is currently seeing lessened market movement to a direction. The MACD is seeing selling volume increase with the RSI reflecting this momentum. Previously, prices also crashed under the structure, showing a chance for it to reach lower. Currently, we see increased selling momentum but retain our bullish bias as overall market movement keeps the bullish bias.

AUDUSD - The Aussie dollar is currently finding increased selling momentum with both the RSI and the MACD. With that said, if prices crash under the zone it is currently testing, the selling will continue and the Dollar strength will resume. We will wait to see how it will progress in the coming days while reviewing the ongoing fundamental factors behind the dollar.

NZDUSD - The Kiwi is farther than the Aussie dollar from the zone to test before a complete shift in momentum. However, we can see the RSI and the MACD find increased bearish movement. This allows us to assume that prices can reach low before a continuation high. However, while the current EMA200 holds, we suspect the chance for prices to continue maintaining the consolidation. Thus, we wait for a more clear market direction.

EURUSD - The Euro is clearly sandwiched in between a lot of market levels. We wait for a clear break of price direction. There will be no changes from our analysis from last week.

USDJPY - The Yen finally reaches low but is slow to continue. The progression of the drop is steady and can show stability. However, we can also see that there is anticipation in how the US data will be coming out this week. The MACD maintains a high despite the fall in price, showing clear price divergence and a possibility for prices to continue going lower. The RSI is also maintaining a high in price, showing increased momentum sell. Thus, we look for more selling opportunities.

USDCHF - Franc prices remain under but consolidate before the new release. We wait for a clear break of structures, but with how prices are going right now, there is a chance that it will reach for EMA200 before falling again. The MACD is seeing growth with the volume and the RSI is reflecting the increase in momentum, but it is both showing only minimal movements, thus telling us that there is a consolidation zone. We wait for more developments before making a more sure call.

USDCAD - The CAD, as we expected, is making a large consolidation zone, seeing as both countries are currently engaged in a trade war. The MACD does show increase in volume but it is about to cross low, the RSI is calling for a continuation buy. We wait for a clearer break of either direction, but we do see this market going up more as clues pertaining to an increase are more than that of a sell.