COT Market Sentiment
The latest COT reports indicate a diverse market bias across major currencies and commodities. Here’s the summary with forex momentum indicators providing crucial insights into directional bias:
- AUD – WEAK (4/5)
- GBP – STRONG (4/5)
- CAD – WEAK (5/5)
- EUR – STRONG (5/5)
- JPY – STRONG (2/5)
- CHF – WEAK (5/5)
- USD – WEAK (4/5)
- NZD – STRONG (3/5)
- GOLD – STRONG (5/5)
- SILVER – STRONG (5/5)
These positions align well with indicator-based entry strategies as shown in key market setups below.
Market Analysis
GOLD
Gold prices are testing major levels, and current momentum indicators suggest a mixed outlook. Although we see bullish continuation signals, the price action still respects larger bearish structures. Using moving average crossover signals like the EMA200, we remain cautious. The MACD and RSI are relatively neutral, favoring wait-and-see mode. Patience is crucial here before acting on a confirmed indicator-based entry strategy.
SILVER
Silver remains highly bullish, supported by forex momentum indicators. Prices are testing the EMA200 with both MACD and RSI showing strong bullish strength. Stochastic oscillator entry signals also point to sustained upward momentum. With Bollinger Bands forex entry triggers showing expanding volatility, we continue to favor buying setups aligned with indicator-based confirmations.
DXY
The Dollar Index remains range-bound ahead of major U.S. data releases. Forex momentum indicators including MACD and RSI show inconsistent momentum, making moving average crossover signals less effective at present. With increased uncertainty, we remain neutral, waiting for clearer stochastic oscillator entry signals before committing to directional trades.
GBPUSD
GBPUSD is testing EMA200 resistance while MACD and RSI confirm rising bearish momentum. Moving average crossover signals suggest more downside potential. Stochastic oscillator entry signals are also aligning with a bearish continuation, making this pair attractive for short setups based on indicator signals.
AUDUSD
AUDUSD faces heavy bearish pressure near EMA200. Despite short-term consolidations, forex momentum indicators favor continued downside. The MACD and RSI suggest limited bullish correction, while stochastic oscillator entry signals point to bearish continuation after minor pullbacks, making it suitable for trend-following strategies.
NZDUSD
The New Zealand Dollar is showing mixed momentum around EMA200. RSI and MACD have recently turned mildly bullish, but overall trend bias remains bearish. With stochastic oscillator entry signals not providing a clear reversal, we favor monitoring Bollinger Bands forex entry opportunities for breakout setups.
EURUSD
Euro remains trapped below EMA200 with increased bearish momentum on MACD and RSI. Moving average crossover signals highlight bearish conditions, while stochastic oscillator entry signals confirm downside continuation. Until a breakout occurs, we favor short setups based on forex momentum indicators.
USDJPY
USDJPY is responding to both political instability in Japan and global market shifts. MACD and RSI momentum indicators remain bullish. Moving average crossover signals support further upside, while stochastic oscillator entry signals reinforce potential for additional gains. We focus on indicator-based entry strategy favoring bullish positions.
USDCHF
USDCHF shows bullish bias after testing EMA200. MACD and RSI provide early confirmation of continued upside. Moving average crossover signals align with buying momentum, while stochastic oscillator entry signals highlight early entry potential. This pair offers a positive setup for momentum-based strategies.
USDCAD
USDCAD remains inside a bullish channel, supported by EMA200. MACD shows slowing momentum while RSI consolidates. Moving average crossover signals stay bullish but require confirmation through Bollinger Bands forex entry triggers or stochastic oscillator setups before re-entry.
Final Thoughts
This week’s market remains heavily influenced by momentum-based setups across forex and commodities. With indicator-based entry strategy playing a critical role, it’s important to watch for moving average crossover signals, stochastic oscillator entry signals, and Bollinger Bands forex entry triggers to guide trades. Monitoring MACD and RSI alongside these indicators provides a structured forex trading approach to identify high-probability opportunities. Stay disciplined, use your forex momentum indicators wisely, and wait for optimal setups before entering trades. Visit: https://rs-fin.com
