EUR/USD
🔹 Overall Sentiment:
Bearish – EUR/USD has shifted into bearish sentiment over the past two days, with price currently at 1.16806. The recent break below higher levels reflects stronger selling pressure. Momentum suggests that sellers are gaining control, particularly after repeated rejections from upper resistance zones. Unless buyers reclaim key levels, the pair remains vulnerable to deeper declines.
🔹 Transition Zones:
1.14050 – 1.14880 – Bullish Transition Zone.
This area represents a critical support zone where buyers may re-emerge to slow further downside. If price breaks below it, bearish momentum could intensify.
1.17480 – 1.18000 – Bearish Transition Zone.
Acting as a rejection zone, this area has capped upside attempts. Sustained rejection here reinforces bearish control.
🔹 Dynamic Support/Resistance Levels:
Price: 1.14050
This level is a crucial long-term support, with a breakdown potentially opening the way for a larger bearish trend. Traders should closely monitor reactions here for signs of reversal.
Price: 1.15900
Now acting as resistance, this level confirms the bearish shift. Unless reclaimed, it will continue to restrict upward corrections.
🔹 Commentary:
EUR/USD is showing a clear loss of bullish momentum, with sellers taking control near resistance. The current trajectory points toward a test of deeper supports. A sustained move below 1.15900 has strengthened the bearish case, aligning with the two-day negative sentiment. Short-term traders should remain cautious, as downside potential remains significant unless bulls regain lost ground.
GBP/USD
🔹 Overall Sentiment:
Bearish – GBP/USD has been under bearish sentiment for the past week, with price currently at 1.33576. The pair has seen sustained selling pressure, pushing it below key levels. The recent momentum strongly favors sellers, and unless buyers step in, the decline could extend further. This weakness reflects a broader shift away from bullish attempts seen earlier in the month.
🔹 Transition Zones:
1.36950 – 1.37530 – Bearish Transition Zone.
This upper transition zone acted as a strong rejection point, where sellers regained control. Repeated failures here highlight the inability of bulls to sustain momentum.
1.34180 – 1.34830 – Bullish Transition Zone.
This zone has been tested multiple times and recently broke, confirming stronger bearish conviction. A recovery above it would be needed to weaken the bearish narrative.
🔹 Dynamic Support/Resistance Levels:
Price: 1.33900
Price is hovering just below this support, turning it into a crucial battleground. If sellers keep control, a decisive break could open the door for deeper declines.
Price: 1.35850
Now acting as resistance, this level aligns with broader bearish sentiment. Any recovery attempt would likely face heavy selling pressure around this area.
🔹 Commentary:
GBP/USD has been trending lower as bearish sentiment strengthens, with downside momentum accelerating after breaching support zones. The inability of bulls to hold key levels reflects ongoing weakness in the pair. Short-term consolidation may occur near 1.33850, but unless buyers regain traction, the broader bearish trend is likely to continue. Traders should be cautious of false recoveries and watch for confirmations before considering long positions.
GOLD (XAU/USD)
🔹 Overall Sentiment:
Bullish – XAU/USD has maintained bullish sentiment over the past month, with price currently at 3749. The strong upward momentum highlights consistent demand for gold, pushing it into new highs. Bulls remain firmly in control, though short-term consolidation is visible after the latest peak. The broader outlook favors continued strength as long as key supports hold.
🔹 Transition Zones:
3322 – 3342 – Bullish Transition Zone.
This lower zone marked a crucial base where buyers stepped in, initiating the extended rally. It will remain an important reference if a major retracement occurs.
3375 – 3393 – Bearish Transition Zone.
This zone served as a strong accumulation range, where bulls absorbed selling pressure. Its role has shifted into a higher support structure for the current trend.
🔹 Dynamic Support/Resistance Levels:
Price: 3310
This level represents a foundational support that anchored the bullish leg. A breakdown below it would signal a significant weakening of bullish momentum.
Price: 3375
This level has transitioned into dynamic support, reinforcing bullish confidence. As long as price remains above, it provides a strong cushion for continued upside.
🔹 Commentary:
Gold continues to benefit from strong bullish flows, reflecting a favorable macro backdrop and investor demand. Current consolidation near 3749 suggests buyers are pausing before the next push higher. A sustained move above recent highs would confirm bullish continuation, while dips toward support are likely to be met with renewed buying. Traders should remain aligned with the trend but cautious of short-term pullbacks that could offer better entry opportunities.
WTI (Crude Oil)
🔹 Overall Sentiment:
Bullish – WTI has shown bullish sentiment for the past three days, with price climbing to 64.86. Buyers have gained momentum after a period of consolidation, pushing the market into higher levels. The recent breakout above short-term resistance reinforces the upward direction. Overall, the trend indicates growing bullish confidence with room for further gains if momentum continues.
🔹 Transition Zones:
65.30 – 66.00 – Bullish Transition Zone.
This zone will act as the immediate hurdle for bulls, with sellers likely to defend the region. A strong break above could pave the way for further upside movement
68.40 – 69.50 – Bearish Transition Zone.
This higher zone represents a major resistance area where previous rallies have stalled. A push into this range would test the strength of bullish sentiment.
🔹 Dynamic Support/Resistance Levels:
Price: 64.50
Price is currently hovering near this level, making it a key pivot point. Holding above it reinforces the bullish case and establishes short-term support.
Price: 69.50
This level aligns with the upper transition zone and marks a critical long-term resistance. A break above would confirm a shift toward a stronger bullish trend.
🔹 Commentary:
The recent bullish run in WTI reflects renewed buying interest and recovery from lower levels. With price approaching the first transition zone, traders should monitor whether momentum is sufficient for a breakout. Any rejection from this area could lead to short-term pullbacks before another attempt higher. Overall, maintaining above 64.50 keeps the outlook constructive, with upside potential extending toward the higher resistance zone.
S&P 500
🔹 Overall Sentiment:
Bullish – The S&P 500 has maintained bullish sentiment over the past three weeks, with price currently at 6604. Despite minor pullbacks, the broader trend remains upward, supported by strong buying interest. The market continues to trade above key support levels, reflecting ongoing investor confidence. This bullish momentum suggests that buyers remain in control for now.
🔹 Transition Zones:
6220 – 6275 – Bearish Transition Zone.
This zone provided a strong foundation for earlier rallies, acting as a key accumulation area. Price holding above it confirms the ongoing bullish strength.
6370 – 6405 – Bearish Transition Zone.
This zone served as an important breakout region, turning into a solid support after being reclaimed. Buyers will defend this range to maintain upward momentum.
🔹 Dynamic Support/Resistance Levels:
Price: 6220
This level remains a long-term structural support, anchoring the broader bullish trend. A breakdown below would signal potential weakening momentum.
Price: 6370
This level now acts as a mid-term support and pivot point. Holding above it strengthens the bullish bias and supports the possibility of retesting higher levels.
🔹 Commentary:
The S&P 500 continues to show resilience, with pullbacks being met by renewed buying pressure. While short-term fluctuations are expected, the overall structure remains supportive of further upside. Traders should watch how the index behaves around the 6370 support zone, as it will likely determine near-term momentum. Sustained strength above current levels could open the path toward new highs.
BTC/USD (Bitcoin)
🔹 Overall Sentiment:
Bearish – Bitcoin has shifted into a bearish sentiment over the past two days, with price currently at 109,765. The decline shows a loss of upward momentum, as sellers have pushed the price below important resistance levels. Market structure now leans bearish, with pressure concentrated around lower ranges. Bulls will need to reclaim key resistance to reverse the short-term trend.
🔹 Transition Zones:
107,550 – 109,200 – Bearish Transition Zone.
This zone is being tested as support, and price action within it will determine whether further downside develops. A breakdown below could trigger stronger selling momentum.
118,400 – 120,200 – Bullish Transition Zone.
This area acted as a ceiling during recent rallies, capping bullish advances. Unless price reclaims this zone, it will continue to serve as a strong resistance barrier.
🔹 Dynamic Support/Resistance Levels:
Price: 111,950
Currently acting as resistance after being broken, this level highlights where sellers regained control. Reclaiming it is essential for bulls to regain momentum.
Price: 116,000
This level remains a higher resistance zone that must be cleared to shift sentiment back to bullish. Failure to do so leaves the market vulnerable to deeper pullbacks.
🔹 Commentary:
BTC/USD is currently testing critical support levels, and the bearish sentiment suggests heightened risk for further declines. The market is at a decision point, with the 107,550–109,200 zone acting as the last line of defense for bulls. Short-term traders will be watching closely for either a rebound from this zone or a decisive breakdown. A failure to hold could open the path toward deeper corrections, while stability here may provide a base for recovery.