Market Analysis
GOLD
Gold remains indecisive after bouncing from the EMA200 but failing to sustain bullish momentum. MACD shows rising bullish volume, yet RSI is stuck in a narrow range. This sets up a possible indicator-based entry strategy using forex momentum indicators to gauge reaction to two upcoming risk events: the July 9 tariff deadline and Friday’s U.S. inflation data. We’ll wait for a clear break to confirm direction.
SILVER
Silver continues its bullish trajectory, trading above 36.7308. Despite divergence with Gold, Silver’s MACD and RSI both show strength. This market may offer a cleaner setup for traders looking to use Bollinger Bands forex entry signals or stochastic oscillator entry signals for trend continuation.
DXY
The Dollar Index (DXY) is consolidating just below the EMA200. MACD and RSI are neutral, reflecting market indecision ahead of key U.S. data. The bearish bias holds unless a breakout changes structure. Look for moving average crossover signals or MACD/RSI divergence to spot the next shift in momentum.
GBPUSD
The Pound is hovering just below resistance and remains in consolidation. RSI previously indicated oversold levels while MACD shows a rise in selling volume. Until the structure shifts decisively, we recommend watching for confirmation via forex momentum indicators before taking any trades.
AUDUSD
The Aussie continues testing its EMA200 support zone. MACD shows rising bearish volume, and RSI is stabilizing. This pair sits at a critical level; if the 0.65250 holds, a rebound may trigger a bullish moving average crossover signal. Otherwise, breaking below could flip the structure bearish.
NZDUSD
The Kiwi is consolidated just above 0.60455. While MACD and RSI are both tilting bearish, no clear trend has emerged. Traders using indicator-based entry strategy techniques should wait for a decisive break before entering positions. For now, consolidation is the dominant theme.
EURUSD
EUR/USD remains flat, trapped in consolidation. RSI and MACD offer little direction, which is typical before major data events. If a breakout occurs, we’ll look to forex momentum indicators for confirmation of direction. Until then, this pair remains range-bound.
USDJPY
USD/JPY is testing key levels near 145.196 and the EMA200. If it breaks higher, a bullish structure may take hold. MACD reflects increasing bullish momentum, and RSI has dropped swiftly from overbought—often an early signal of strength building up. This may become a high-quality indicator-based entry strategy if price closes above the critical resistance.
USDCHF
The Franc is still consolidated, but MACD is shifting into bearish territory, and RSI recently hit overbought levels. With ongoing U.S. tariff uncertainty and global economic unease, the Franc may benefit as a safe haven. Watch for a Bollinger Bands forex entry or MACD divergence to trigger the next move.
USDCAD
USD/CAD continues to weaken. Despite muted price action, MACD and RSI both show increasing bearish signals—indicating potential divergence. This creates a compelling scenario for those using stochastic oscillator entry signals or forex momentum indicators to confirm further downside, especially if consolidation breaks lower.
Final Thoughts
As markets anticipate the July 9 tariff decision and Friday’s inflation data, precision is key. Use forex momentum indicators like MACD, RSI, and EMA200 to track trend shifts and entry setups. Whether it’s a moving average crossover signal, a Bollinger Band expansion, or a clean stochastic oscillator entry signal, an indicator-based entry strategy keeps you prepared for whatever volatility lies ahead. Visit: https://rs-fin.com/