EUR/USD
🔹 Overall Sentiment:
Bearish – EUR/USD has exhibited bearish sentiment over the past day, with price currently at 1.16628 after breaking below short-term support. Sellers have regained control following failed attempts to hold above the upper transition zone. Downside momentum remains strong, with pressure building toward deeper support areas. Unless buyers reclaim key resistance, the bearish bias is expected to persist in the near term.
🔹 Transition Zones:
1.15300 – 1.15750 – Bearish Transition Zone.
The first transition zone between 1.15300 – 1.15750 represents a crucial demand area that may act as a buffer if bearish momentum continues. A strong reaction from this zone could signal temporary stabilization or a corrective rebound.
1.17300 – 1.17780 – Bearish Transition Zone.
The second transition zone at 1.17300 – 1.17780 has shifted into resistance after repeated rejections. Sustained price action below this range reinforces the bearish outlook and limits upside potential.
🔹 Dynamic Support/Resistance Levels:
Price: 1.16300
Level 1 at 1.16300 now serves as the next key support, and a clean break below would confirm continuation toward the lower transition zone. Holding above it, however, could encourage a short-term recovery attempt.
Price: 1.17180
Level 2 at 1.17180 remains the primary resistance barrier for the pair. A decisive close above this level would be required to challenge the current bearish structure.
🔹 Commentary:
EUR/USD continues to weaken as sellers dominate price action, driving the pair below recent consolidation levels. The loss of momentum from buyers indicates vulnerability to further downside extension. Attention remains focused on the 1.16300 mark, as its defense could decide the strength of near-term recovery attempts. For now, sentiment favors sellers, with the broader trend still leaning bearish.
GBP/USD
🔹 Overall Sentiment:
Bearish – GBP/USD has displayed bearish sentiment over the past day, with price settling at 1.34317 after failing to sustain bullish attempts. Sellers have gradually regained control, pushing price back toward the lower range of recent consolidation. Momentum remains weak, with limited buying interest observed near key resistance levels. The broader structure suggests continued caution for bulls as downside risks persist.
🔹 Transition Zones:
1.35300 – 1.35650 – Bearish Transition Zone.
The first transition zone between 1.35300 – 1.35650 serves as major resistance. A breakout above this zone would be required to neutralize the current bearish sentiment.
1.34450 – 1.34730 – Bullish Transition Zone.
The second transition zone at 1.34450 – 1.34730 is being tested as price fluctuates around its lower boundary. Sustained rejection here could confirm continued bearish momentum.
🔹 Dynamic Support/Resistance Levels:
Price: 1.34170
Level 1 at 1.34170 represents immediate support and has been approached multiple times. A clear break below it could accelerate selling pressure toward deeper price levels.
Price: 1.35650
Level 2 at 1.35650 remains the defining resistance cap for the current range. Only a decisive close above this level would signal a potential reversal of the prevailing bearish bias.
🔹 Commentary:
GBP/USD is trading under renewed selling pressure as attempts to recover have been consistently rejected. The pair continues to struggle within a tight consolidation zone near support. Short-term sentiment remains negative unless buyers manage to defend 1.34170 effectively. Overall, bears hold the upper hand, and momentum favors further downside unless a sharp reversal emerges above 1.34730.
GOLD (XAU/USD)
🔹 Overall Sentiment:
Bullish – XAU/USD has maintained bullish sentiment for the past two days, with price climbing to 3941 as buyers continue to dominate. The ongoing upward trajectory reflects strong momentum and steady accumulation. Gold remains firmly within its bullish trend structure, showing no immediate signs of exhaustion. Sentiment remains highly favorable as long as price holds above key support levels.
🔹 Transition Zones:
3352 – 3380 – Bearish Transition Zone.
The first transition zone between 3352 – 3380 remains the foundation of the broader uptrend. This area continues to serve as a long-term accumulation region, validating the strength of the current rally.
3732 – 3765 – Bearish Transition Zone.
The second transition zone at 3732 – 3765 has been successfully held as support during recent consolidation. Maintaining price above this level further reinforces bullish momentum.
🔹 Dynamic Support/Resistance Levels:
Price: 3405
Level 1 at 3405 remains a key long-term support, underpinning the entire bullish structure. A decline below this level would be required to challenge the current trend bias.
Price: 3625
Level 2 at 3625 has transitioned into strong dynamic support after being broken decisively. Holding above it confirms the market’s underlying bullish strength.
🔹 Commentary:
Gold continues to extend its bullish run, pushing toward new highs with sustained upward pressure. The market’s momentum remains strong, driven by consistent buyer dominance. Minor pullbacks are likely to be treated as buying opportunities within this broader trend. Unless the price falls below 3625, the bullish outlook remains firmly intact with potential for continued gains ahead.
WTI (Crude Oil)
🔹 Overall Sentiment:
Bullish – WTI has shown bullish sentiment over the past day, with price recovering to 61.91 after a period of sustained bearish pressure. Buyers have re-entered the market, defending critical support levels and initiating a modest rebound. While sentiment has turned positive, the broader structure remains cautious with overhead resistance zones still intact. Sustaining momentum above immediate support will be key for confirming a continued recovery.
🔹 Transition Zones:
62.80 – 63.20 – Bullish Transition Zone.
The first transition zone between 62.80 – 63.20 represents a nearby resistance area that could test bullish strength. A decisive breakout above this zone would signal growing confidence among buyers.
64.35 – 65.65 – Bearish Transition Zone.
The second transition zone at 64.35 – 65.65 marks a higher resistance region, aligning with previous rejection points. Clearing this level would shift the market outlook toward a medium-term bullish trend.
🔹 Dynamic Support/Resistance Levels:
Price: 61.65
Level 1 at 61.65 is acting as critical support, and holding above it strengthens the case for further upside continuation. A drop back below this point would weaken the current bullish momentum.
Price: 65.10
Level 2 at 65.10 serves as a significant resistance threshold, corresponding with the upper range of recent price caps. A close above this level would confirm a more sustained recovery.
🔹 Commentary:
WTI is attempting to build bullish traction after rebounding from its recent lows. Buyers are cautiously regaining control, but the market remains within a larger consolidation structure. The upcoming test of the 62.80 – 63.20 range will be pivotal for determining short-term direction. If bullish momentum holds, price could aim for a broader recovery toward 65.10, whereas failure to sustain above 61.65 would reintroduce selling pressure.
S&P 500
🔹 Overall Sentiment:
Bullish – The S&P 500 has maintained bullish sentiment for the past four days, with price currently at 6735 as buyers continue to dominate the market. The index remains in a strong upward trend, supported by steady accumulation and positive market momentum. Buyers have managed to defend key supports effectively, keeping control firmly in their favor. Unless significant resistance emerges, the bullish tone is expected to persist.
🔹 Transition Zones:
6345 – 6370 – Bullish Transition Zone.
The first transition zone between 6345 – 6370 represents the foundational support of the current bullish structure. A retest of this zone would likely attract renewed buying interest if the market corrects lower.
6465 – 6500 – Bearish Transition Zone.
The second transition zone at 6465 – 6500 has shifted into supportive territory after being decisively broken. This area now acts as a cushion for potential pullbacks and reinforces the broader uptrend.
🔹 Dynamic Support/Resistance Levels:
Price: 6445
Level 1 at 6445 continues to serve as a strong dynamic support. Holding above this level keeps the bullish structure well intact.
Price: 6570
Level 2 at 6570 now functions as a confirmed support after being retested, further strengthening bullish confidence. A sustained move above this level paves the way for continued gains.
🔹 Commentary:
The S&P 500’s persistent bullish momentum highlights market strength and investor optimism. Price action remains constructive, with consistent higher highs confirming the integrity of the uptrend. Minor pullbacks are likely to serve as opportunities for accumulation within the prevailing bullish context. As long as the index remains above 6570, upward continuation appears the most probable scenario.
BTC/USD (Bitcoin)
🔹 Overall Sentiment:
Bullish – BTC/USD has sustained bullish sentiment for the past six days, with price reaching 123,602 after a strong breakout continuation. Buyers have firmly controlled market direction, driving the pair to fresh highs with consistent momentum. The trend remains decisively bullish, supported by increasing market confidence. As long as price remains above key structural levels, the bullish outlook stays intact.
🔹 Transition Zones:
113,750 – 114,350 – Bearish Transition Zone.
The first transition zone between 113,750 – 114,350 has now turned into a solid demand area after being cleared. This region is expected to act as a strong support on any potential retracements.
110,050 – 111,050 – Bearish Transition Zone.
The second transition zone at 110,050 – 111,050 marks the previous accumulation base where the latest bullish rally originated. Sustained price action above this zone underscores the strength of current buying momentum.
🔹 Dynamic Support/Resistance Levels:
Price: 110,450
Level 1 at 110,450 serves as a major long-term support level, underpinning the broader bullish trend. A move below this level would be required to weaken the existing upward structure.
Price: 114,800
Level 2 at 114,800 has transitioned into dynamic support following the breakout. Holding above it continues to validate the prevailing bullish control.
🔹 Commentary:
Bitcoin remains in a powerful uptrend, extending its rally without significant pullback as bullish sentiment strengthens further. The market structure shows higher highs and higher lows, confirming sustained accumulation. Buyers continue to dominate, with minor consolidations serving as healthy pauses within the trend. Unless a strong rejection forms above current levels, BTC/USD appears well-positioned for further upside extension.