COT Market Sentiment
The latest COT market sentiment reveals mixed trends across major currencies and commodities. GOLD shows strong bullish momentum (5/5), while SILVER is slightly strong (3/5). The USD (DXY) and AUD remain weak (1/5), with NZD and JPY slightly weak (2/5). EUR and GBP are both strong (5/5), indicating continued interest from traders. These readings provide valuable insights into intraday positioning and help identify potential entries using the EMA and RSI confluence strategy. By combining market sentiment with momentum indicators with price action, traders can plan their multi-timeframe confluence trading effectively.
- USD (DXY) – WEAK (1/5)
- GOLD – STRONG (5/5)
- SILVER – SLIGHTLY STRONG (3/5)
- EUR – STRONG (5/5)
- GBP – STRONG (5/5)
- AUD – WEAK (1/5)
- NZD – SLIGHTLY WEAK (2/5)
- JPY – SLIGHTLY WEAK (2/5)
- CHF – WEAK (1/5)
- CAD – WEAK (1/5)
Market Analysis
GOLD
GOLD shows strong bullish action with a critical pivot at 4200. The 11 Key Forex Moves suggest maintaining long positions above this level, targeting 4246 and 4265. RSI indicates strong upside momentum, supporting this bullish bias. Traders can combine this with EMA and RSI confluence strategy for more accurate timing. Using multi-timeframe confluence trading, one can confirm the daily and intraday trend alignment. Momentum indicators with price action confirm sustained buying pressure. If GOLD breaks below 4200, potential support levels at 4188 and 4176 could be tested. This careful approach integrates candlestick pattern plus RSI filter to refine entry points.
SILVER
SILVER intraday shows volatility but overall strength above 61.80. The 11 Key Forex Moves highlight that traders should monitor $62.80 resistance for potential breakouts. Combining moving averages with candles helps identify trend continuation, while RSI momentum confirms buying interest. Multi-timeframe confluence trading ensures alignment across hourly and daily charts. Using the EMA and RSI confluence strategy, traders can reduce false signals. Momentum indicators with price action indicate consolidation and potential upside. Should support around $61.80 fail, the next level to watch is $61.50. Incorporating candlestick pattern plus RSI filter adds precision to entries and exits.
DXY
The U.S. Dollar Index (DXY) shows a volatile decline to 98.606 after an early rally. According to the 11 Key Forex Moves, traders may look for short-term reversals near resistance at 98.750. The EMA and RSI confluence strategy identifies key inflection points, while multi-timeframe confluence trading confirms broader trend alignment. Momentum indicators with price action suggest selling pressure in the afternoon session. Candlestick pattern plus RSI filter signals potential pullback opportunities. Combining moving averages with candles ensures proper risk management. Overall, disciplined observation of these moves aids in maintaining a structured trading approach.
GBPUSD
GBPUSD remains bullish above the 1.3330 pivot, targeting 1.3410 and 1.3435. Using the 11 Key Forex Moves, traders can combine EMA and RSI confluence strategy to identify high-probability long entries. Multi-timeframe confluence trading confirms upward alignment across hourly and daily charts. Momentum indicators with price action reinforce the strength of the move. Candlestick pattern plus RSI filter signals opportunities for scaling in positions. Combining moving averages with candles provides additional entry confirmation. A close below 1.3330 shifts attention to support at 1.3305 and 1.3280, maintaining a disciplined approach to trading these moves.
AUDUSD
AUDUSD trades lower at 0.66457, reflecting bearish momentum. The 11 Key Forex Moves suggest short opportunities as long as price remains below the pivot. EMA and RSI confluence strategy identifies precise entry points, while multi-timeframe confluence trading ensures alignment with broader trends. Momentum indicators with price action confirm sustained selling pressure. Candlestick pattern plus RSI filter signals potential continuation. Combining moving averages with candles further refines timing. Traders should watch 0.66300 support for intraday reaction, applying risk management to capture maximum profit potential from the bearish setup.
NZDUSD
NZDUSD exhibits sustained bearish pressure, trading near 0.58046. According to the 11 Key Forex Moves, short positions are favored below the key pivot at 0.58250. Using EMA and RSI confluence strategy enhances precision, while multi-timeframe confluence trading aligns intraday and daily trends. Momentum indicators with price action signal persistent selling strength. Candlestick pattern plus RSI filter highlights micro-reversals for better timing. Combining moving averages with candles confirms trend continuation. Support at 0.57900 is critical, and failure may extend the bearish move further. Discipline is essential to execute these moves effectively.
EURUSD
EURUSD trades bullish above 1.1655, aiming for 1.1720 and 1.1740. The 11 Key Forex Moves encourage long positions as long as this pivot holds. EMA and RSI confluence strategy identifies ideal entry points, supported by multi-timeframe confluence trading for trend alignment. Momentum indicators with price action indicate sustained buying pressure. Candlestick pattern plus RSI filter allows for refined entry and exit timing. Combining moving averages with candles enhances precision. If price falls below 1.1655, intraday support at 1.1635 and 1.1615 should be monitored. Discipline ensures effective trading of these setups.
USDJPY
USDJPY shows high volatility and choppy action around 155.807. Using the 11 Key Forex Moves, traders may look for intraday reversal setups. EMA and RSI confluence strategy identifies potential turning points, while multi-timeframe confluence trading ensures the trade aligns with broader trends. Momentum indicators with price action show mixed signals, requiring careful observation. Candlestick pattern plus RSI filter signals potential pullback entries. Combining moving averages with candles aids in identifying optimal timing. Maintaining discipline prevents impulsive trades and improves execution of high-probability moves in this volatile pair.
USDCHF
USDCHF trades lower at 0.79854, reflecting bearish intraday momentum. According to the 11 Key Forex Moves, short setups are preferred below key resistance levels. EMA and RSI confluence strategy enhances entry precision, while multi-timeframe confluence trading ensures proper trend alignment. Momentum indicators with price action confirm selling pressure. Candlestick pattern plus RSI filter highlights potential continuation or pullback entries. Combining moving averages with candles refines timing. Support at 0.79800 is critical. Traders applying discipline in these setups can capitalize on the bearish trend while minimizing risks effectively.
USDCAD
USDCAD displays bullish action at 1.38084. Using the 11 Key Forex Moves, long positions are favored above the minor dip around 1.37938. EMA and RSI confluence strategy identifies strong entries, supported by multi-timeframe confluence trading for trend confirmation. Momentum indicators with price action signal sustained buying strength. Candlestick pattern plus RSI filter provides additional precision. Combining moving averages with candles ensures optimal entry timing. Minor retracements are opportunities to scale in positions. Discipline and structured execution allow traders to benefit from this intraday bullish move.
Final Thoughts
The 11 Key Forex Moves provide a structured roadmap for traders across GOLD, SILVER, DXY, and major currency pairs. By integrating EMA and RSI confluence strategy, multi-timeframe confluence trading, candlestick pattern plus RSI filter, momentum indicators with price action, and combining moving averages with candles, traders can optimize entries and exits with confidence. Discipline and strategy adherence remain essential for capturing high-probability setups. Regularly analyzing COT market sentiment and intraday price action ensures traders stay aligned with market trends, maximizing potential returns while managing risk effectively.
