COT Market Sentiment
The COT Market Sentiment Analysis gives traders a deep insight into institutional positioning, helping align the Top 10 RSI-Backed setups with broader market direction. This week’s sentiment shows the USD and JPY holding strong, while AUD, NZD, and metals face pressure. Using forex price action strategy with RSI and hybrid technical analysis forex, traders can gauge where strength and weakness may converge. Combined with candlestick and indicator confluence and moving average confirmation price action, this framework enhances timing and accuracy. Understanding sentiment keeps traders aligned with trend momentum, optimizing indicator-supported price action entries for consistent performance.
- AUD – WEAK (4/5)
- GBP – SLIGHTLY WEAK (3/5)
- CAD – SLIGHTLY WEAK (3/5)
- EUR – SLIGHTLY WEAK (3/5)
- JPY – STRONG (4/5)
- CHF – SLIGHTLY WEAK (3/5)
- USD (DXY) – STRONG (5/5)
- NZD – WEAK (4/5)
- GOLD – STRONG (5/5)
- SILVER – WEAK (4/5)
Market Analysis
GOLD
Gold’s price remains choppy yet influenced by the Top 10 RSI-Backed strategy as traders watch $4,137 resistance. The forex price action strategy with RSI reveals weakening momentum, suggesting a potential downside move. When combined with moving average confirmation price action, bearish setups strengthen, confirming a sell bias below $4,137. The candlestick and indicator confluence at the resistance zone offers clarity on entries, while the indicator-supported price action entries guide timing precision. This hybrid technical analysis forex perspective keeps gold bearish unless prices surge above $4,137, maintaining cautious trading sentiment.
SILVER
Silver shows persistent weakness, dropping to $47.47 and reflecting a continuation of bearish bias under the Top 10 RSI-Backed principle. The forex price action strategy with RSI supports this trend, showing no strong rebound yet. Sellers dominate as moving average confirmation price action aligns with the downward structure. Traders using candlestick and indicator confluence find multiple short signals near $48.00 resistance, while indicator-supported price action entries reinforce short-term targets. Through hybrid technical analysis forex, the metal remains pressured, with a cautious view unless it reclaims $48.00 for potential recovery momentum.
DXY
The U.S. Dollar Index (DXY) displays neutral-to-bearish tones under the Top 10 RSI-Backed analysis, trading near 98.83. A forex price action strategy with RSI highlights slowing momentum, while moving average confirmation price action warns of limited bullish continuation. Despite volatility, candlestick and indicator confluence signals indecision at 98.95 resistance. Through hybrid technical analysis forex, DXY’s consolidation phase may persist unless a clear breakout occurs. Indicator-supported price action entries guide traders to focus on the 98.80–98.95 range for possible shifts in momentum amid the broader USD correction pattern.
GBPUSD
GBP/USD strengthens above 1.3285, reflecting a bullish structure in line with the Top 10 RSI-Backed setup. The forex price action strategy with RSI confirms building buying strength, while moving average confirmation price action aligns with renewed upside. With candlestick and indicator confluence showing bullish reversals, traders rely on indicator-supported price action entries to capture the move toward 1.3360. This hybrid technical analysis forex perspective suggests that holding above 1.3285 maintains upward momentum, potentially extending gains as long as RSI supports the breakout confirmation.
AUDUSD
AUD/USD climbs to 0.6553, boosted by improved sentiment under the Top 10 RSI-Backed framework. The forex price action strategy with RSI signals continued bullish momentum after clearing 0.6530 resistance. A moving average confirmation price action setup supports the uptrend, while candlestick and indicator confluence highlights strength near higher lows. Using indicator-supported price action entries, traders identify potential continuation plays above 0.6550. Through hybrid technical analysis forex, the pair remains bullish unless price closes back below the 0.6520 support, keeping traders focused on momentum-based buy setups.
NZDUSD
NZD/USD maintains mild bullish sentiment, aligning with Top 10 RSI-Backed confirmation signals. The forex price action strategy with RSI shows steady buying near the 0.5740 support zone. Moving average confirmation price action reinforces a short-term uptrend, while candlestick and indicator confluence signals higher lows. Using indicator-supported price action entries, traders find optimized entry timing, consistent with hybrid technical analysis forex principles. The pair’s structure remains positive as long as momentum sustains above 0.5750, targeting gradual recovery and short-term strength in the Kiwi dollar.
EURUSD
EUR/USD turns bullish above 1.1600, supported by the Top 10 RSI-Backed analysis. The forex price action strategy with RSI confirms renewed upward momentum, while moving average confirmation price action underlines strength. Candlestick and indicator confluence patterns at the pivot suggest a rebound, and indicator-supported price action entries highlight precise long setups. Through hybrid technical analysis forex, traders maintain a bullish bias while monitoring resistance levels near 1.1665. Sustaining price above 1.1600 could extend gains, emphasizing RSI’s role in trend validation.
USDJPY
USD/JPY trades bullishly above 152.65, confirming strength within the Top 10 RSI-Backed trading setup. The forex price action strategy with RSI validates sustained momentum, while moving average confirmation price action indicates continued upward flow. Candlestick and indicator confluence showcases buying pressure, and indicator-supported price action entries provide structured opportunities. This hybrid technical analysis forex view suggests maintaining long positions above 152.65, anticipating further upside toward 153.60, supported by aligned RSI and trend signals.
USDCHF
USD/CHF sustains a slightly bullish outlook under the Top 10 RSI-Backed study, trading near 0.7960. The forex price action strategy with RSI indicates cautious optimism, with moving average confirmation price action suggesting consolidation before potential continuation. Candlestick and indicator confluence supports minor upward bias, and indicator-supported price action entries favor small long positions near support. Using hybrid technical analysis forex, traders may anticipate strength if price holds above 0.7960, positioning for gradual moves toward higher resistance levels.
USDCAD
USD/CAD remains bearish to neutral, aligning with Top 10 RSI-Backed analysis showing fading dollar strength. The forex price action strategy with RSI reflects momentum loss, while moving average confirmation price action signals limited recovery potential. Candlestick and indicator confluence points to persistent selling pressure, with indicator-supported price action entries validating short-term short setups. Through hybrid technical analysis forex, traders monitor 1.3990–1.3960 levels for key reactions, as momentum continues favoring the CAD in near-term trades.
Final Thoughts
This week’s setups reveal how the Top 10 RSI-Backed approach blends RSI-driven precision with forex price action strategy with RSI and hybrid technical analysis forex insights to identify reliable setups across major pairs. Traders applying candlestick and indicator confluence and indicator-supported price action entries gain higher confidence in entries and exits, improving their consistency. For deeper strategy integration, explore Axel Private Market, GFS Markets, RS Fin, and WorldQuestFX for tools and analytics that refine trade execution and market timing.