Your Daily Dose of Financial News

Market Analysis

GOLD

Gold remains poised for a bullish continuation, with price action holding strong despite heavy selling pressure. The MACD indicates growing bullish volume, reinforcing the potential for further gains. Meanwhile, the RSI signals increasing bullish momentum but is approaching overbought territory, suggesting a period of consolidation may follow.

Market focus now shifts to Trumps upcoming tariff announcement, which will have significant implications for the global economy. Whether gold continues its rally or experiences a temporary slowdown will largely depend on this development. While consolidation may persist in the short term, buying interest remains strong, keeping the overall trend bullish.

SILVER

Silver is positioned for another potential buy, maintaining support above 33.5028 while testing the EMA200. However, the RSI has reached overbought levels, signaling possible selling pressure ahead. The MACD also shows increased bearish momentum, raising the likelihood of short-term declines.

If gold extends its gains, silver is expected to follow suit, serving as a hedge against inflation and overvalued metals. The long-term outlook remains bullish, but near-term consolidation may persist.

DXY (US DOLLAR INDEX)

The U.S. dollar is in a consolidation phase as markets weigh the potential impact of new tariffs. While an upward move is possible, the overall bearish structure remains intact.

Until a decisive breakout occurs, we maintain a bearish outlook and continue to look for selling opportunities. A clearer direction is expected once market participants react to the latest economic policies.

GBP/USD

The British pound remains in consolidation, with both the RSI and MACD reflecting this indecisive movement. Given the current lack of directional momentum, we are holding off on new positions in this market.

AUD/USD

The Australian dollar has weakened amid risk-off sentiment. However, the MACD indicates growing bullish volume, while the RSI is normalizing after previous selling pressure.

With prices breaking above the EMA200, the overall price structure has shifted to a more bullish outlook. We anticipate further buying in the coming sessions, particularly if risk appetite improves.

NZD/USD

The New Zealand dollar is experiencing increased buying momentum, as confirmed by the RSI and MACD. While the RSI signals overbought conditions, bullish momentum appears to be stabilizing.

Despite these technical indicators, the broader trend remains bearish, with the Kiwi testing the EMA200. Depending on market sentiment, further declines remain possible. Fundamentally, continued weakness in the currency could paradoxically fuel short-term rallies.

EUR/USD

The euro remains in consolidation, mirroring the pounds price action. The MACD is showing increased bearish volume, but this has yet to be reflected in price movement. The RSI also suggests a slowdown in momentum.

While we refrain from taking new positions for now, there is potential for continued bullish movement if momentum shifts.

USD/JPY

The yen is holding steady at key levels, awaiting clearer signals from the U.S. dollar. Trump‘s policy decisions could influence the yen’s next move, but for now, price action remains muted.

The MACD is in consolidation, showing a lack of strong volume, while the RSI is in overbought territory, suggesting further sideways movement in the near term.

USD/CHF

The Swiss franc continues its consolidation phase. We remain on standby for clearer directional signals before making any trading decisions.

USD/CAD

The Canadian dollar remains within its long-term consolidation range, having pulled back from recent highs. The MACD shows a sharp increase in bearish volume, while the RSI reflects a normalization of selling momentum.

If the U.S. imposes additional tariffs on Canada, further CAD weakness could follow. However, for now, the pair is likely to remain range-bound until clearer market catalysts emerge.