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GOLD

Gold continues its upward trajectory despite newly enacted tariffs targeting Canada, Mexico, and China. Concerns over a deepening trade war are undermining the dollar‘s strength, even as inflationary pressures mount. While tariffs typically fuel domestic inflation, the broader impact on trade relations may prove more damaging, further unsettling financial markets. Gold’s technical outlook remains favorable—although the MACD has crossed lower, hinting at a potential pullback, the RSI is nearing oversold territory, indicating that selling momentum is waning. A brief retest of the lower range is possible, but with the EMA200 offering firm support, gold appears well-positioned for further gains.

SILVER

Silver is also advancing as the dollar struggles under heightened risk. As gold climbs, silver could see additional demand, especially once gold reaches overbought conditions. The MACD indicates subdued selling activity, suggesting that buying interest may soon strengthen. Meanwhile, the RSI remains in a consolidation phase, yet to fully confirm a bullish breakout. A sustained move above the EMA200 would provide a clearer signal for further upside.

DXY

The U.S. dollar has plunged below 106.111, confirming a shift to bearish momentum. While the MACD is nearing a potential bullish crossover, this move is likely a temporary correction rather than a reversal. The RSI, already indicating overbought levels, suggests that the broader trend remains downward, with further selling expected.

GBPUSD

The British pound is rebounding from 1.25740, defying expectations of a continued decline. The MACD is stabilizing, while the RSI is resetting to more neutral levels, reinforcing the case for continued strength. We are monitoring additional buying opportunities, though caution is warranted—if Trump moves to impose tariffs on Europe, the pound could quickly face renewed selling pressure.

AUDUSD

The Australian dollar is still consolidating, extending its lower range before bouncing back, counteracting predictions of a sharp selloff. The MACD is showing signs of increasing buying volume, while the RSI remains relatively stable despite tests of both the EMA200 and the upper boundary of its range. A clear reversal remains uncertain, with much of the movement tied to overall dollar weakness rather than intrinsic AUD strength.

NZDUSD

The New Zealand dollar is following a similar pattern to the Aussie, holding within its range. After briefly breaking lower, it has since recovered and is now testing the upper boundary and the EMA200. The MACD is approaching a bullish crossover, albeit with limited volume, while the RSI reflects sustained buying interest. Though momentum has yet to decisively shift, we remain alert to potential changes.

EURUSD

The euro has surged amid the dollar‘s continued decline, capitalizing on renewed bullish sentiment. The MACD and RSI both indicate strengthening momentum, reinforcing the rally. This movement, which runs counter to previous expectations, suggests that investors are shifting toward the euro due to growing concerns over the U.S. economy’s direction. We remain focused on bullish setups in this market.

USDJPY

The yen remains in consolidation, expanding its trading range. After touching new lows, it is now retesting the EMA200. The MACD is gaining bullish volume, but the RSI is already in overbought territory, signaling a possible end to the recent uptrend. We are maintaining a neutral outlook until a clearer directional move emerges.

USDCHF

The Swiss franc is gaining strength as market uncertainty drives demand for safe-haven assets. This has pushed price action back into selling territory. The RSI is at overbought levels, while the MACD has crossed higher, signaling potential for additional upside. However, with trade tensions escalating, further downside remains a possibility, necessitating close monitoring.

USDCAD

The Canadian dollar remains in a holding pattern at elevated levels. Both the MACD and RSI confirm the market‘s lack of momentum, indicating indecision. Despite the dollar’s notable weakness, CAD has yet to capitalize on the shift, which explains the currencys muted reaction. We continue to watch for bullish opportunities, as the loonie remains among the weaker