COT Market Sentiment
The COT market sentiment this week highlights 8 Major Forex Market Trends that are shaping global price action. AUD, CAD, and NZD remain weak, while EUR, JPY, and CHF stand firm. The USD continues under pressure, fueling safe-haven demand for metals. Traders analyzing these shifts must apply emotional discipline in forex to avoid overtrading during volatility. Building a trader’s mindset is essential to recognize when strength signals sustainable continuation or when weakness could reverse. These 8 Major Forex Market Trends underscore the role of psychology in guiding strategy, risk management, and overall market direction.
- AUD – WEAK (5/5)
- GBP – SLIGHTLY WEAK (3/5)
- CAD – WEAK (3/5)
- EUR – STRONG (4/5)
- JPY – STRONG (4/5)
- CHF – STRONG(4/5)
- USD (DXY) – WEAK (4/5)
- NZD – WEAK (4/5)
- GOLD – STRONG (5/5)
- SILVER – STRONG (5/5)
Market Analysis
GOLD
Gold broke above $3,900 to record highs, showing extreme bullish momentum fueled by safe-haven demand during U.S. political and economic uncertainty. Resistance lies at the $4,000 psychological level, while support rests at $3,800 and $3,890. The bias is strongly bullish, anticipating continuation toward $4,000. Traders applying trading psychology for forex success must remain cautious of overextension while keeping self-control in forex decision making. Recognizing 8 Major Forex Market Trends allows traders to balance euphoria with risk, while overcoming fear and greed in trading prevents premature exits or late entries in volatile conditions.
SILVER
Silver surged to $47.83, marking a 14-year high, supported by safe-haven flows and strong industrial demand. Resistance is at the $48.00 level, with support near $46.90. The bias is bullish, expecting a test of $50.00 in the near term. In the context of 8 Major Forex Market Trends, silver reflects strong alignment with gold’s rally. Traders focusing on emotional discipline in forex understand the importance of patience when markets run hot. Building a trader’s mindset ensures consistency in capturing moves while overcoming fear and greed in trading keeps decisions rational in euphoric conditions.
DXY
The DXY closed below 97.70, continuing its decline on weak U.S. data, dovish Fed expectations, and political uncertainty. Immediate resistance is 97.90, with support at 96.94. Bias remains bearish, suggesting further weakness. Observing 8 Major Forex Market Trends reveals how fundamentals and sentiment drive sustained dollar pressure. For traders, trading psychology for forex success requires resisting the urge to over-leverage during extended moves. Emotional discipline in forex is critical here, as patience allows positioning with trend continuation instead of reacting to short-lived corrections.
GBPUSD
GBP/USD climbed above 1.3450, benefiting from broad USD weakness and maintaining bullish momentum. Resistance lies at 1.3530, while strong support holds at 1.3400. Bias is bullish, with continuation toward 1.3500 likely. Within the scope of 8 Major Forex Market Trends, GBP/USD reflects shifting flows from USD weakness. Traders building a trader’s mindset can avoid impulsive entries by recognizing structural support and resistance. Overcoming fear and greed in trading ensures confidence in holding through retracements, while self-control in forex decision making helps refine entry points during strong but volatile trends.
AUDUSD
AUD/USD holds near recent highs with strong bullish impulse, though technically overbought at 0.6650 resistance. Support is at 0.6575. Bias is neutral to bullish, expecting consolidation before another leg higher. Recognizing 8 Major Forex Market Trends highlights how central bank policy influences sentiment. Traders applying trading psychology for forex success remain steady despite overbought signals. Building a trader’s mindset helps in filtering noise, while emotional discipline in forex and self-control in forex decision making prevent chasing aggressive rallies that may correct before continuation.
NZDUSD
NZD/USD extended gains for the fourth session, trading higher on USD weakness. Resistance is at 0.5845, with support around 0.5750–0.5765. Bias is bullish, expecting continuation. In line with 8 Major Forex Market Trends, the NZD reflects how weaker USD benefits commodity-linked currencies. Traders overcoming fear and greed in trading remain patient in trend continuation phases. Emotional discipline in forex ensures traders don’t jump in too late. Building a trader’s mindset keeps focus on structure and timing, aligning trades with the broader momentum.
EURUSD
EUR/USD resumed its upward move, supported by DXY weakness, testing resistance at 1.1780–1.1800. Support is at 1.1700–1.1710. Bias remains bullish, with continuation expected. In the framework of 8 Major Forex Market Trends, EUR/USD demonstrates how rotational flows and sentiment drive major pairs. Trading psychology for forex success helps maintain confidence during consolidation phases. Emotional discipline in forex ensures holding positions strategically. By building a trader’s mindset, traders avoid unnecessary exits, while self-control in forex decision making reinforces stability amid fluctuating conditions.
USDJPY
USD/JPY extended declines as JPY strengthened on safe-haven demand and tightening speculation. Resistance is at 148.00, with support at 146.50–146.75. Bias is bearish. This movement exemplifies 8 Major Forex Market Trends, showing how safe-haven flows reshape pair direction. Traders applying trading psychology for forex success understand that patience outweighs forced trades. Overcoming fear and greed in trading allows traders to hold positions longer, while building a trader’s mindset fosters resilience in volatile conditions. Emotional discipline in forex remains critical to adapt calmly to shifting trends.
USDCHF
USD/CHF extended declines amid U.S. political uncertainty and CHF safe-haven demand. Resistance is at 0.7980–0.7995, with support at 0.7930–0.7900. Bias is bearish. In the lens of 8 Major Forex Market Trends, this pair illustrates the importance of fundamentals driving flow. Traders exercising self-control in forex decision making can avoid overtrading consolidating conditions. Building a trader’s mindset allows consistency, while trading psychology for forex success emphasizes strategic patience. Overcoming fear and greed in trading helps traders avoid impulsive trades that derail long-term performance.
USDCAD
USD/CAD consolidated under bearish pressure as commodity strength supported CAD while USD weakened. Resistance is at 1.3960, with support near 1.3881. Bias is bearish, anticipating continuation. Observing 8 Major Forex Market Trends reveals how commodities and USD weakness shape currency flows. Emotional discipline in forex allows traders to sit through consolidations without forcing trades. Trading psychology for forex success ensures focus on setups aligned with fundamentals. Building a trader’s mindset develops resilience during slow moves, while self-control in forex decision making prevents reacting to false breakouts.
Final Thoughts
The 8 Major Forex Market Trends emphasize how currencies and metals respond to global fundamentals, sentiment, and psychology. Traders who master emotional discipline in forex, build a trader’s mindset, and apply trading psychology for forex success can navigate volatility with confidence. Overcoming fear and greed in trading and practicing self-control in forex decision making remain vital for consistency.
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