EUR/USD
🔹 Overall Sentiment:
Bearish – EUR/USD has maintained bearish sentiment for the past three days, with price currently trading at 1.16159 after breaking through key support levels. Sellers continue to dominate, pushing the pair toward deeper lows. The market remains under sustained downward pressure, with no immediate signs of reversal. Overall momentum suggests that bearish control is likely to persist unless a strong recovery emerges above resistance.
🔹 Transition Zones:
1.15300 – 1.15750 – Bearish Transition Zone.
The first transition zone between 1.15300 – 1.15750 represents a potential demand region where buyers could attempt to slow the decline. A reaction from this area may provide short-term relief, but overall direction remains bearish.
1.17300 – 1.17780 – Bearish Transition Zone.
The second transition zone at 1.17300 – 1.17780 has shifted into firm resistance following repeated rejections. Price would need to reclaim this region to signal any meaningful bullish recovery.
🔹 Dynamic Support/Resistance Levels:
Price: 1.16300
Level 1 at 1.16300 has now turned into active resistance after the recent breakdown. Sustained trading below this level confirms continued bearish control.
Price: 1.17180
Level 2 at 1.17180 remains a broader resistance ceiling, reinforcing the upper boundary of the current downtrend. A close above this level would be required to challenge the prevailing bearish structure.
🔹 Commentary:
EUR/USD continues to trend lower, extending losses as sellers retain dominance. The breakdown below 1.16300 has reinforced bearish sentiment, signaling that further downside may be likely. Buyers may attempt to defend the lower transition zone, but momentum currently favors continuation of the decline. Traders should remain cautious, as volatility may increase near 1.15500 if the pair tests deeper support levels.
GBP/USD
🔹 Overall Sentiment:
Bearish – GBP/USD has shown bearish sentiment for the past three days, with price currently at 1.34124 after sustained downward momentum. Sellers remain firmly in control, driving the pair below short-term supports. The structure reflects consistent weakness, with buying pressure failing to gain traction. Unless bulls manage to reclaim key resistance zones, the bearish trend is likely to persist.
🔹 Transition Zones:
1.35300 – 1.35650 – Bearish Transition Zone.
The first transition zone between 1.35300 – 1.35650 represents a major resistance area where sellers have repeatedly re-entered. A breakout above this zone would be necessary to shift sentiment back to neutral or bullish.
1.34450 – 1.34730 – Bullish Transition Zone.
The second transition zone at 1.34450 – 1.34730 is currently acting as a local resistance band. Continued rejection here strengthens the short-term bearish bias.
🔹 Dynamic Support/Resistance Levels:
Price: 1.34170
Level 1 at 1.34170 is now functioning as near-term support, with price hovering just below it. A clean break beneath this level could confirm continuation toward lower lows.
Price: 1.35650
Level 2 at 1.35650 remains the upper resistance ceiling, defining the boundary for any potential recovery attempts. Until this level is broken, the downside bias remains dominant.
🔹 Commentary:
GBP/USD continues to trade under selling pressure, reflecting strong bearish sentiment across multiple sessions. The pair’s inability to sustain above 1.34450 suggests sellers are firmly defending the upper transition zone. If price closes below 1.34170, further declines toward the 1.33500 area could follow. Overall, momentum favors sellers while market structure supports continued downside movement.
GOLD (XAU/USD)
🔹 Overall Sentiment:
Bullish – XAU/USD continues to show strong bullish sentiment for the past four days, currently trading at 4,037 after a powerful upward surge. The trend structure remains clearly bullish, with higher highs and strong momentum confirming market confidence. Buying pressure has consistently overpowered any corrective moves. The ongoing rally suggests sustained demand and potential for further gains in the short term.
🔹 Transition Zones:
3352 – 3380 – Bearish Transition Zone.
The first transition zone between 3,352 – 3,380 served as a key accumulation range earlier in the trend. This area remains a foundational support, highlighting the base of the current bullish structure.
3732 – 3765 – Bearish Transition Zone.
The second transition zone at 3,732 – 3,765 acted as a consolidation level before the breakout continuation. Price acceleration above this zone confirmed renewed bullish strength and signaled the start of the latest impulse wave.
🔹 Dynamic Support/Resistance Levels:
Price: 3405
Level 1 at 3,405 continues to provide structural support, representing a stable platform for buyers. As long as price holds above this level, the broader bullish trend remains intact.
Price: 3625
Level 2 at 3,625 now functions as an active support level following the recent surge. It will serve as the first key defense point in the event of a pullback.
🔹 Commentary:
Gold has extended its rally decisively, posting new highs and maintaining upward momentum with little resistance. The consistent bullish sentiment suggests traders remain confident in the continuation of the uptrend. Minor corrections could emerge, but the market structure supports further appreciation as long as price stays above 3,625. The next potential targets may extend toward the 4,100 region if current momentum persists.
WTI (Crude Oil)
🔹 Overall Sentiment:
Bullish – WTI has shown bullish sentiment for the past three days, with price currently trading at 62.58. The market is attempting a rebound following a prolonged downtrend, supported by increased buying pressure. Momentum has shifted to favor the bulls in the short term, though broader market structure still leans toward consolidation. Sustained movement above nearby resistance could confirm a stronger reversal phase.
🔹 Transition Zones:
62.80 – 63.20 – Bullish Transition Zone.
The first transition zone between 62.80 – 63.20 represents an immediate resistance area where sellers previously regained control. A clear breakout above this zone could signal an acceleration in bullish momentum.
64.35 – 65.65 – Bearish Transition Zone.
The second transition zone at 64.35 – 65.65 marks a significant overhead resistance region. If price reaches and stabilizes above this area, it would indicate a more established uptrend forming.
🔹 Dynamic Support/Resistance Levels:
Price: 61.65
Level 1 at 61.65 now acts as strong dynamic support following the recent bullish push. Maintaining this level will be crucial for buyers to sustain upward pressure.
Price: 65.10
Level 2 at 65.10 remains a major resistance, aligning with the upper transition zone. A break above this threshold could validate a deeper trend reversal.
🔹 Commentary:
WTI crude has seen a noticeable pickup in bullish activity as prices recover from recent lows. The shift in sentiment reflects renewed optimism and potential short-term accumulation by buyers. However, the market remains within a corrective phase until a decisive move above 65.10 occurs. Traders should monitor for continuation signals, as current momentum may open the door for further recovery toward mid-60s levels.
S&P 500
🔹 Overall Sentiment:
Bullish – The S&P 500 has maintained bullish sentiment for the past week, currently trading at 6,723. Market structure remains strong with buyers holding control, though minor pullbacks have emerged as part of a healthy uptrend. Momentum continues to favor the bulls, supported by consistent higher lows. The broader outlook remains optimistic as long as price stays above key dynamic support levels.
🔹 Transition Zones:
6345 – 6370 – Bullish Transition Zone.
The first transition zone between 6,345 – 6,370 served as an accumulation area where the previous uptrend was reinforced. This region remains a solid base that continues to support bullish momentum.
6465 – 6500 – Bearish Transition Zone.
The second transition zone at 6,465 – 6,500 represents a prior consolidation phase before the latest breakout. Price action above this zone confirms ongoing buyer dominance and strengthens the short-term outlook.
🔹 Dynamic Support/Resistance Levels:
Price: 6445
Level 1 at 6,445 acts as the primary structural support level. Maintaining price above this level is essential for preserving the bullish market structure.
Price: 6570
Level 2 at 6,570 functions as a dynamic support zone within the current rally. A sustained position above this threshold suggests that bulls remain in full control.
🔹 Commentary:
The S&P 500 continues to show resilience as buying pressure sustains the upward trajectory. Short-term consolidation phases have done little to disrupt the broader bullish sentiment. As long as price remains above 6,570, the index is likely to continue pushing toward new highs. A confirmed break below 6,445, however, could indicate the first sign of a momentum slowdown.
BTC/USD (Bitcoin)
🔹 Overall Sentiment:
Bullish – BTC/USD has sustained bullish sentiment for the past week, with price currently at 122,604 after a period of strong upward momentum. The market continues to favor buyers as the overall trend structure remains intact. While minor pullbacks have appeared, they have thus far been met with renewed buying pressure. The broader outlook continues to support further upside as long as key support levels remain defended.
🔹 Transition Zones:
113,750 – 114,350 – Bearish Transition Zone.
The first transition zone between 113,750 – 114,350 has acted as a critical breakout point in the recent rally. This zone now serves as a solid support area for any potential retests.
110,050 – 111,050 – Bearish Transition Zone.
The second transition zone at 110,050 – 111,050 previously marked the accumulation range that fueled the recent bullish breakout. Price stability above this level confirms sustained bullish strength in the medium term.
🔹 Dynamic Support/Resistance Levels:
Price: 110,450
Level 1 at 110,450 remains the foundation of the current upward trend. As long as BTC stays above this level, the bullish structure remains well supported.
Price: 114,800
Level 2 at 114,800 functions as a dynamic support after the breakout, reinforcing the strength of buyers. Holding above this level suggests continued control by bulls despite short-term corrections.
🔹 Commentary:
Bitcoin’s recent rally has shown strong momentum, breaking through resistance zones and confirming market optimism. Buyers have maintained control throughout the past week, supported by increasing volume and strong technical alignment. Although some consolidation may occur near 122,000, the overall trend favors further upside. A sustained position above 114,800 could open the path toward a retest of the 125,000–127,000 region in the coming sessions.