Are major currencies preparing for breakout shifts? These 8 Bullish and Bearish Forex Signals reveal where momentum is accelerating or fading, driven by weak U.S. data and growing Fed rate cut expectations. Traders using the Forex breakout indicator, Stochastic overbought oversold zones, and volatility indicators in forex can take advantage of high-probability setups. With RS Finance and a solid confluence trading strategy, timing these moves becomes more precise and structured.
COT Market Sentiment
This week’s Commitment of Traders (COT) data adds context to our 8 Bullish and Bearish Forex Signals, showing where smart money is positioning:
- AUD – WEAK (3/5)
- GBP – WEAK (5/5)
- CAD – WEAK (5/5)
- EUR – STRONG (5/5)
- JPY – STRONG (2/5)
- CHF – WEAK (3/5)
- USD – WEAK (3/5)
- NZD – WEAK (5/5)
- GOLD – STRONG (2/5)
- SILVER – STRONG (3/5)
This sentiment backdrop aligns well with the 8 Bullish and Bearish Forex Signals detailed below, especially when combined with a price action and indicator combo approach.
Market Analysis
GOLD
Gold is consolidating below resistance but maintains a bullish outlook as Fed rate cut bets rise. A weaker USD typically lifts Gold, keeping it on our 8 Bullish and Bearish Forex Signals list. Traders using the Forex breakout indicator may wait for confirmation before entry.
SILVER
Silver continues to rise but has yet to confirm a full bullish reversal. As one of the more uncertain 8 Bullish and Bearish Forex Signals, this setup requires caution. Use a confluence trading strategy to avoid premature entries amid a still-bearish larger structure.
DXY
The U.S. Dollar Index is under sustained selling pressure. Following disappointing ISM Services PMI data and a 94.6% probability of a September rate cut, sentiment has shifted sharply. Among the 8 Bullish and Bearish Forex Signals, this bearish DXY bias opens the door for bullish setups in major pairs. Volatility indicators in forex confirm the downward energy.
GBPUSD
The Pound broke above the EMA200 with strength. While long-term structure hasn’t fully flipped, this is one of the clearest bullish setups in our 8 Bullish and Bearish Forex Signals. MACD and RSI confirm buying momentum. RS Finance traders may seek confirmation via Stochastic overbought oversold zones before scaling in.
AUDUSD
AUDUSD shows bullish indicator readings (MACD, RSI), but price action hasn’t broken out yet. This pair represents one of the watchlist 8 Bullish and Bearish Forex Signals, where the price action and indicator combo offers a great filter for timing an eventual entry.
NZDUSD
The Kiwi mirrors the Aussie with slow bullish gains and rising indicator strength. Still, no price breakout yet. This setup within the 8 Bullish and Bearish Forex Signals is worth tracking, especially with a Forex breakout indicator for the next catalyst-driven move.
EURUSD
EUR/USD shifted to a confirmed bullish structure after strong buying in the previous session. This is one of the top-performing entries in our 8 Bullish and Bearish Forex Signals. MACD and RSI support the move, and a confluence trading strategy offers confidence for bullish continuation.
USDJPY
USD/JPY is hovering near the EMA200 and resistance levels. Despite minor gains, bearish divergence is forming. As one of the more neutral setups in our 8 Bullish and Bearish Forex Signals, traders may want to wait for a cleaner break. Use Stochastic overbought oversold zones to assess overextension.
USDCHF
This pair sits at a key structural zone, awaiting a breakout. No directional call until confirmed. Its role in the 8 Bullish and Bearish Forex Signals is to watch for range breakouts or rejections with help from volatility indicators in forex.
USDCAD
USD/CAD has turned bearish as the CAD gains against the weakening U.S. Dollar. MACD and RSI confirm the downtrend. This makes it a bearish entry in our 8 Bullish and Bearish Forex Signals, suitable for traders applying a price action and indicator combo.
Final Thoughts
This week’s 8 Bullish and Bearish Forex Signals spotlight the importance of patience and technical confirmation. As macro forces pressure the U.S. Dollar, setups across majors are developing. Whether you’re using the Forex breakout indicator, watching Stochastic overbought oversold zones, or relying on a confluence trading strategy, timing matters. Back your entries with a solid price action and indicator combo and stay aligned with data-backed tools like those from RS Finance.
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