Forex market outlook — 25 August 2026

Technicals: The daily timeframe maintains higher highs and higher lows overall but is currently in a pull-back phase. Bearish momentum is active with two consecutive down candles closing in the lower 38% of the range. Key daily levels: Support 1.13532, Resistance 1.17116 | Daily candles: higher highs & higher lows, no distinct pattern; weekly candles range / mixed (context only); 4H candles range / mixed (context only) | Break & retest: watching bullish break at 1.17116, retest zone 1.1680-1.1711, invalidation 1.15320 | Price has not broken or retested the key daily level at 1.17116, requiring a stand-aside position per plan rules. A trade will only trigger following a confirmed daily close breakout and retest confirmation.

Macro: Central bank policy expectations between the ECB and Federal Reserve continue to anchor EUR/USD price action near key resistance. Traders remain cautious ahead of upcoming US economic releases that could alter rate-cut timelines. Eurozone growth uncertainties add further friction to sustained upside momentum.

Technicals: The daily trend is upward with four consecutive bullish closes pushing price toward major resistance. Positive momentum persists from four consecutive up sessions, though the latest daily close at 43% of range signals slowing upside velocity. Key daily levels: Support 1.32122, Resistance 1.36758 | Daily candles: range / mixed, inside bar (compression); weekly candles range / mixed (context only); 4H candles higher highs & higher lows (context only) | Break & retest: watching bullish break at 1.36758, retest zone 1.36400-1.36758, invalidation 1.32610 | Standing aside as GBP/USD remains below key daily resistance at 1.36758, awaiting a confirmed daily breakout and retest before entering. A setup post-breakout would target 1.38700 against the 1.32610 liquidity swing low to satisfy the minimum 1:2.1 RRR requirement.

Macro: Monetary policy divergence between the Bank of England and the Federal Reserve remains the primary macro anchor for Cable. Traders are monitoring upcoming UK inflation data and US economic growth readings for catalysts to break the current technical range. Risk sentiment across broader global markets will determine whether GBP can mount a sustained breakout above macro resistance.

Technicals: Daily price action displays a strong hammer rejection following a pullback. Upside momentum is accelerating as buyers push price toward the top of the daily range. Key daily levels: Support 155.226, Resistance 163.988 | Daily candles: range / mixed, hammer / long lower wick rejection; weekly candles higher highs & higher lows (context only); 4H candles range / mixed (context only) | Break & retest: watching bullish break at 160.000, retest zone 159.750 - 160.250, invalidation 157.196 | Standing aside as price has not yet broken and retested the key daily resistance level at 160.000. Plan rules require a confirmed daily breakout, retest at the AOI, and valid confirmation pattern before entry.

Macro: Wide US-Japan interest rate differentials continue to underpin structural demand for USD/JPY. Traders remain cautious of potential verbal or physical interventions by Japanese authorities near major psychological thresholds. Broader market risk sentiment and US Treasury yield trajectories remain the principal drivers for short-term direction.

Technicals: Price is in a range-bound mixed structure with four consecutive daily gains. Bullish momentum is building inside compression as the daily candle closed at 77 percent of its range. Key daily levels: Support 0.794980, Resistance 0.820700 | Daily candles: range / mixed, inside bar (compression); weekly candles range / mixed (context only); 4H candles higher highs & higher lows (context only) | Break & retest: watching bullish break at 0.794980, retest zone 0.794980-0.796970, invalidation 0.789000 | Price is consolidating inside a daily inside bar without a confirmed breakout and retest. Standing aside until a valid daily level is broken and retested with a 1:2.1 RRR setup.

Macro: US Dollar sentiment is seeking traction amid shifting Fed interest rate expectations and global macroeconomic trends. Meanwhile the Swiss Franc continues to draw support from its traditional safe-haven status and SNB monetary stance. Yield differentials remain a critical focal point for position traders navigating USD/CHF.

Technicals: Broad uptrend continues but price is consolidating into an inside bar formation. Momentum has stalled into compression with a bearish close near the session low. Key daily levels: Support 0.686540, Resistance 0.718020 | Daily candles: higher highs & higher lows, inside bar (compression); weekly candles higher highs & higher lows (context only); 4H candles higher highs & higher lows (context only) | Break & retest: watching bullish break at 0.718020, retest zone 0.716200-0.718020, invalidation 0.707280 | Price is currently testing key daily resistance without a confirmed breakout or retest trigger, requiring traders to stand aside per strategy rules. Minimum 1:2.1 RRR setups cannot be validated until a formal daily breakout and retest occur.

Macro: RBA policy expectations remain sensitive to domestic inflation data and Chinese economic growth prospects. Meanwhile, broader US dollar sentiment continues to drive short-term swings across AUD pairs ahead of upcoming Fed communications. Shifts in global risk appetite will determine whether AUD/USD can clear upper resistance or initiate a deeper retracement.

Technicals: The daily market structure exhibits lower highs and lower lows. Daily buyers failed to hold gains, leaving a long upper rejection wick. Key daily levels: Support 1.37322, Resistance 1.42389 | Daily candles: lower highs & lower lows, shooting star / long upper wick rejection; weekly candles higher highs & higher lows (context only); 4H candles range / mixed (context only) | Break & retest: watching bearish break at 1.37322, retest zone 1.37322 - 1.37667, invalidation 1.39105 | The break and retest plan requires a confirmed breakdown and retest of key daily support at 1.37322 before executing a position. Standing aside until a valid daily confirmation candle confirms trend continuation with a minimum 1:2.1 RRR.

Macro: Divergent monetary policy expectations between the Federal Reserve and Bank of Canada continue to generate two-way volatility across North American currency pairs. Crude oil price fluctuations are providing additional tactical swings for the Canadian Dollar, capping USD/CAD upside moves near major daily resistance levels. Markets remain hyper-sensitive to upcoming inflation and labor market print releases.

Technicals: Medium-term advance capped by upper rejection wick. Indecision with rejection at the upper extreme after four up days. Key daily levels: Support 0.564080, Resistance 0.598800 | Daily candles: range / mixed, shooting star / long upper wick rejection; weekly candles range / mixed (context only); 4H candles higher highs & higher lows (context only) | Break & retest: watching bullish break at 0.598800, retest zone 0.597300-0.598800, invalidation 0.584560 | The setup remains in the watching stage as major resistance at 0.598800 has not been broken on the daily timeframe. Per the trading plan, standing aside is required until a clear breakout and retest occur.

Macro: Reserve Bank of New Zealand policy expectations and broader US Dollar sentiment remain key macro catalysts for NZD/USD. Divergence in yield expectations could dictate whether price can break above key resistance or slide back toward lower support levels. Traders are monitoring upcoming economic data releases for directional cues.

Technicals: Downtrend intact with three consecutive lower daily sessions. Bearish momentum remains in control with price closing in the lower half of its daily range. Key daily levels: Support 0.84550, Resistance 0.86244 | Daily candles: range / mixed, no distinct pattern; weekly candles range / mixed (context only); 4H candles range / mixed (context only) | Break & retest: watching bearish break at 0.84550, retest zone 0.84550 - 0.84700, invalidation 0.86132 | No break and retest setup is currently active as price remains contained within the daily 0.84550-0.86244 boundaries. Rules require standing aside until 0.84550 is decisively broken and retested.

Macro: Monetary policy divergence favours the British Pound as the Bank of England maintains a relatively hawkish rate path compared to the European Central Bank. Economic growth differentials across the Eurozone continue to weigh on Euro sentiment relative to Sterling. Market participants remain cautious ahead of upcoming central bank inflation updates.

Technicals: Bullish swing structure with higher highs and higher lows. Steady upward momentum across 2 consecutive green days. Key daily levels: 8629.80 support, 9318.50 resistance | Daily candles: higher highs & higher lows, no distinct pattern; weekly candles higher highs & higher lows (context only); 4H candles range / mixed (context only) | Break & retest: watching bullish break at 9318.50, retest zone 9318.50 - 9340.00, invalidation 8698.90 | No trade active as price is currently consolidating below key daily resistance at 9318.50 without a confirmed breakout and retest. The trading plan mandates standing aside until a breakout and valid retest at the AOI occur.

Macro: Macro sentiment around Australian market assets remains supported by broader commodity strength and resilient domestic economic indicators. Central bank expectations remain stable, keeping volatility anchored within recent swing parameters. Traders are monitoring upcoming central bank messaging for drivers capable of pushing price through overhead technical resistance.

Technicals: Macro uptrend with higher highs and higher lows intact across the daily swing. Strong rejection off intraday lows forming a hammer candle. Key daily levels: 70.9010 / 102.2990 | Daily candles: higher highs & higher lows, hammer / long lower wick rejection; weekly candles range / mixed (context only); 4H candles lower highs & lower lows (context only) | Break & retest: watching bullish break at 102.2990, retest zone 102.0000 - 102.3000, invalidation 70.9010 | No qualifying daily break and retest setup is currently active at key levels, requiring a stand-aside stance per the trading plan rules. Minimum RRR criteria cannot be established until a valid daily breakout and AOI retest confirmation occur.

Macro: Middle East supply risks and OPEC+ production discipline continue to underpin Brent crude fundamentals. Geopolitical friction along critical maritime transit corridors maintains a persistent risk premium on physical oil supplies. Traders are simultaneously weighing Chinese economic stimulus expectations against broader global macroeconomic demand concerns.

Technicals: The daily trend is upward with price stabilizing near the EMA20 and EMA50 cluster. Momentum favors buyers following recent consolidation above major support. Key daily levels: 110.832 / 116.482 | 1D trend up vs 1W up (aligned); 1D vs 4H aligned | Break & retest: in_progress bullish break at 114.400, retest zone 114.350 - 114.600, invalidation 113.800 | Entering long on a retest of daily EMA20 support aligns with the weekly uptrend alignment. Risk is defined below 4H structure support with targets placed near the daily range high.

Macro: Crude oil price stability continues to support the Canadian Dollar against the lower-yielding Japanese Yen. Meanwhile, yield differentials favor CAD/JPY as the Bank of Japan maintains a slow normalization path. Broader market risk sentiment remains supportive of carry-trade strategies.

Technicals: Uptrend overall structure but immediate daily candle is down Softening daily momentum with a pull back from 26463.8 Key daily levels: Support 24607.2, Resistance 26596.2 | Daily candles: higher highs & higher lows, no distinct pattern; weekly candles higher highs & higher lows (context only); 4H candles higher highs & higher lows (context only) | Break & retest: watching bullish break at 26596.2, retest zone 26530.0-26596.2, invalidation 24607.2 | Rules for the break and retest strategy are currently unmet as price has not established a confirmed daily breakout and retest of the key level. Standing aside until a valid retest and confirmation candle form.

Macro: European equity markets are navigating ECB interest rate expectations and regional growth uncertainties. Investors are cautious ahead of upcoming macro data releases, keeping index gains muted near key resistance levels. Monetary policy outlooks continue to dictate multi-week sentiment across German equities.

Technicals: Daily structure exhibits mixed range consolidation inside the previous session's boundaries. Momentum is subdued within a daily inside bar pattern closing near the midpoint. Key daily levels: Support 51498.5, Resistance 54780.0 | Daily candles: range / mixed, inside bar (compression); weekly candles higher highs & higher lows (context only); 4H candles lower highs & lower lows (context only) | Break & retest: watching bullish break at 54780.0, retest zone 54640.0 - 54780.0, invalidation 51498.5 | No valid break and retest trade exists as the daily candle remains compressed in an inside bar. Standing aside until a decisive daily break and retest of key resistance or support yields a minimum 1:2.1 RRR.

Macro: Market participants are assessing macroeconomic data and Federal Reserve policy expectations amidst broad equity consolidation. Institutional positioning remains cautious ahead of key economic growth and inflation reports. The absence of fresh catalyst keeps major US stock indices trading within established daily bands.

Technicals: Daily price action displays a lower-high pattern with firm resistance at 1.6420 and initial downside support at 1.6250. A daily close beneath 1.6250 opens the path toward the secondary target at 1.6110.

Macro: Diverging central bank outlooks favor the Aussie Dollar, as sluggish Eurozone activity keeps the ECB dovish compared to a more persistent RBA stance. Additionally, steady commodity prices continue to provide underlying support to the AUD.

Technicals: Strong daily downtrend established below the 1D EMA20 and EMA50 stack. Bearish momentum dominates as price declines toward key horizontal support. Key daily levels: Support 1.60034, Resistance 1.62680 | 1D trend down vs 1W down (aligned); 1D vs 4H aligned | Break & retest: watching bearish break at 1.60397, retest zone 1.6080 - 1.6096, invalidation 1.6145 | Aligning with the daily and weekly downtrends by selling retracements into the 1D EMA20 resistance zone. The trade targets a breakdown through 1.6000 toward deeper weekly support.

Macro: Dovish ECB expectations paired with stable crude oil prices continue to provide fundamental support for the Canadian Dollar against the Euro. Diverging economic performance between Europe and Canada limits any meaningful upside momentum for EUR/CAD. Upcoming central bank communications remain the primary macro volatility driver.

Technicals: Upward trend resuming following a recovery above the 20 and 50 EMAs. Bullish momentum is building after reclaiming the 50-day EMA. Key daily levels: 179.37 support / 187.48 resistance | 1D trend up vs 1W up (aligned); 1D vs 4H aligned | Break & retest: in_progress bullish break at 184.56, retest zone 184.20 - 184.56, invalidation 183.60 | Entering on a retest of the reclaimed daily 50-day EMA provides a strong risk-to-reward ratio. The trade aligns with both the 4H and weekly upward trends.

Macro: The ECB maintains a cautious policy stance while European economic indicators show relative stability. Conversely, the Bank of Japan's slow pace of policy normalization continues to weigh on the yen. Carry trade interest remains supportive of EUR/JPY upside in the medium term.

Technicals: Daily timeframe is consolidating after recent upside expansion. Bearish momentum is moderate as price closed at 21% of its daily range inside the prior bar. Key daily levels: Support 6183.70, Resistance 6585.40 | Daily candles: higher highs & higher lows, inside bar (compression); weekly candles higher highs & higher lows (context only); 4H candles higher highs & higher lows (context only) | Break & retest: watching bearish break at 6585.40, retest zone 6570.00-6585.40, invalidation 6585.40 | No confirmed daily breakout or retest of the key 6585.40 resistance level has occurred; standing aside per trading plan rules.

Macro: Macro sentiment across European markets remains cautious ahead of upcoming ECB policy communications. Shifts in regional equity sentiment are driving intraday volatility while broad euro positioning stays balanced. Investors are awaiting key macroeconomic data releases to assess regional growth prospects.

Technicals: The daily timeframe shows an uptrend characterized by higher highs and higher lows over consecutive sessions. Bullish rejection is present following a long lower wick hammer doji closing at 61% of range. Key daily levels: Support 8235.80, Resistance 8760.40 | Daily candles: higher highs & higher lows, hammer / long lower wick rejection; weekly candles higher highs & higher lows (context only); 4H candles lower highs & lower lows (context only) | Break & retest: watching bullish break at 8760.40, retest zone 8745.00 - 8760.40, invalidation 8235.80 | Price remains bound within the daily range below key resistance at 8760.40, requiring a clear breakout and retest before establishing a setup that meets the minimum 1:2.1 RRR.

Macro: French equity markets reflect underlying economic resilience across key European industrials and luxury exporters. Investors remain cautious ahead of upcoming ECB policy signals and domestic fiscal discussions in France. Corporate earnings guidance continues to anchor broader sentiment across French equities.

Technicals: The daily structure shows strong horizontal support at 1.9050, with immediate resistance lying at 1.9220 followed by 1.9380. A daily close below 1.9000 would invalidate this constructive setup and signal further downside risk.

Macro: The Bank of England's cautious approach to rate cuts due to persistent service inflation provides underlying support for the Pound. Conversely, the Australian Dollar remains vulnerable to shifting global risk appetite and economic developments in China.

Technicals: Daily trend is strongly bullish confirmed by a decisive bullish engulfing pattern. High bullish momentum as price closes at 97 percent of its daily range. Key daily levels: Support 209.575, Resistance 219.614 | Daily candles: range / mixed, bullish engulfing; weekly candles range / mixed (context only); 4H candles range / mixed (context only) | Break & retest: in_progress bullish break at 215.400, retest zone 215.400-215.500, invalidation 214.500 | A retest at 215.400 with a lower timeframe confirmation offers an entry with a stop behind liquidity at 214.500, yielding a favorable RRR of 1:4.56.

Macro: Monetary policy divergence remains a key macro driver as the Bank of England maintains elevated interest rates while the Bank of Japan stays cautious. Broad risk-on sentiment across global markets continues to support high-beta JPY currency pairs. Traders should monitor upcoming central bank speeches and inflation data for potential volatility.

Technicals: Daily structure shows clear lower highs and lower lows dominating the swing. Strong downward momentum driven by a decisive bearish marubozu candle. Key daily levels: Support 22655.0, Resistance 26185.5 | Daily candles: lower highs & lower lows, bearish marubozu (strong full-body close); weekly candles range / mixed (context only); 4H candles range / mixed (context only) | Break & retest: watching bearish break at 26185.5, retest zone 26120.0–26185.5, invalidation 26350.0 | The trading plan requires a confirmed breakout and retest of key daily structure; because price is contained inside the range, rules require standing aside.

Macro: Hong Kong equities continue to face headwinds from cautious investor sentiment and economic growth concerns across the region. Policy announcements and regulatory updates from mainland China remain the key macro catalysts for broader directional flow. Market participants are closely monitoring capital flows and liquidity conditions for further momentum signals.

Technicals: Overall daily downtrend showing recent higher highs and higher lows. Two consecutive down candles halting at a neutral doji. Key daily levels: 15190.3 - 16812.5 | Daily candles: higher highs & higher lows, doji (indecision); weekly candles lower highs & lower lows (context only); 4H candles lower highs & lower lows (context only) | Break & retest: watching bearish break at 15190.3, retest zone 15152.0 - 15228.0, invalidation 15306.8 | No valid breakout or retest has occurred at key daily structure levels, requiring a strict stand aside stance. A minimum 1:2.1 RRR setup can only be evaluated once 15190.3 support or 16812.5 resistance breaks and retests cleanly.

Macro: Traders are evaluating macroeconomic drivers and central bank policy expectations surrounding IND and USD. The lack of a decisive fundamental catalyst has left institutional flows balanced near the 15700 handle. Upcoming inflation and growth releases will be crucial to break the current multi-day consolidation.

Technicals: Range compression showing an inside bar structure Bearish candle closing at 34% of range with 1 consecutive down candle Key daily levels: Support 60533.8, Resistance 72112.3 | Daily candles: higher highs & higher lows, inside bar (compression); weekly candles lower highs & lower lows (context only); 4H candles range / mixed (context only) | Break & retest: watching bearish break at 60533.8, retest zone 60383.5 - 60684.1, invalidation 71012.3 | The trading plan requires a confirmed break and retest of daily key support at 60533.8 or resistance at 72112.3 before entry. Currently in a watching stage with no active breakout or retest, requiring a stand aside stance.

Macro: Shifts in central bank policy expectations and broader market risk aversion are putting downward pressure on the pair. Investors are anticipating potential monetary policy adjustments, leading to defensive capital flows. Market sentiment remains cautious ahead of upcoming macroeconomic data releases.

Technicals: Daily trend is down following a strong bearish engulfing candle. Bearish momentum is dominant with price closing near the bottom 30% of its daily range. Key daily levels: Support 27093.20, Resistance 30389.50 | Daily candles: range / mixed, bearish engulfing; weekly candles lower highs & lower lows (context only); 4H candles range / mixed (context only) | Break & retest: watching bearish break at 27093.20, retest zone 27093.20 - 27160.00, invalidation 30389.50 | Stand aside as no daily break and retest setup is currently active within the AOI. Entry rules require a confirmed breakout of major daily support prior to execution.

Macro: Tech-heavy index sentiment remains sensitive to shifting Federal Reserve interest rate policy and yield curve movements. Earnings guidance across megacap technology stocks continues to dictate short-term capital flows and risk appetite. Macro uncertainty around global economic growth is adding overhead pressure on equity valuations.

Technicals: Bullish recovery forming higher highs and higher lows. Extremely robust buying pressure leading to a bullish marubozu close. Key daily levels: 2.6220 / 3.3220 | Daily candles: higher highs & higher lows, bullish marubozu (strong full-body close); weekly candles range / mixed (context only); 4H candles higher highs & higher lows (context only) | Break & retest: watching bullish break at 3.3220, retest zone 3.3200-3.3250, invalidation 2.6220 | No active breakout and retest confirmation has occurred yet on the daily key resistance level. Trader rules mandate standing aside until a confirmed break and retest setup matures with a minimum 1:2.1 RRR.

Macro: Natural gas markets are responding to shifting weather forecasts and seasonal storage injection dynamics. Geopolitical risks and supply disruptions continue to provide underlying support to spot prices. Short-term demand surges are encouraging aggressive speculative buying across energy contracts.

Technicals: Daily trend remains upward despite the recent corrective pullback to the EMA50. Momentum has softened as price consolidates around 0.8160. Key daily levels: Support 0.7993, Resistance 0.8295 | 1D trend up vs 1W up (aligned); 1D vs 4H mixed | Break & retest: in_progress bullish break at 0.81610, retest zone 0.81350 - 0.81610, invalidation 0.81100 | Positioning for a bounce off the daily EMA50 and weekly support confluence. Risk is limited below weekly EMA50 with targets set toward recent weekly highs.

Macro: RBNZ policy expectations and dairy price dynamics continue to anchor the Kiwi against commodity peers. Meanwhile, crude oil volatility and Bank of Canada sentiment influence the Loonie's short-term strength. Divergent central bank paths create a balanced environment for swing setups.

Technicals: Daily price action highlights strong seller defense at upper resistance. Bearish momentum is confirmed by a long upper wick shooting star closing near range lows. Key daily levels: 2892.89 support / 3072.78 resistance | Daily candles: range / mixed, shooting star / long upper wick rejection; weekly candles higher highs & higher lows (context only); 4H candles higher highs & higher lows (context only) | Break & retest: watching bearish break at 3072.78, retest zone 3065.00 - 3072.78, invalidation 3072.78 | Trading plan rules mandate standing aside because key level 3072.78 has not yet been broken and retested with confirmation. The market remains in the watching stage until a confirmed break and retest setup completes.

Macro: Small-cap equities are sensitive to macroeconomic tightening expectations and shifting rate-cut timelines from the Federal Reserve. Broader market risk aversion is dampening appetite for higher-beta small caps relative to mega-cap tech. Sustained economic data weakness could exacerbate downside risks across regional banks and growth-sensitive components within the Russell 2000.

Technicals: up pullback within broader macro uptrend Key daily levels: 7299.60 / 7821.60 | Daily candles: higher highs & higher lows, inside bar (compression); weekly candles higher highs & higher lows (context only); 4H candles lower highs & lower lows (context only) | Break & retest: watching bearish break at 7821.60, retest zone 7795.00 - 7821.60, invalidation 7850.00 | No confirmed break and retest of a major daily level has occurred; standing aside until a valid breakout and 1:2.1 RRR setup forms.

Macro: Equity markets face headwinds from elevated interest rate expectations and rich valuations near all-time highs. Macro uncertainty continues to limit fresh aggressive buying at top levels. Key upcoming inflation figures and central bank statements will likely dictate the next expansion phase.

Technicals: Mixed range structure with an upper wick rejection pattern. Downside pressure emerging after a daily shooting star doji formation. Key daily levels: Support 10400.6, Resistance 10997.2 | Daily candles: range / mixed, shooting star / long upper wick rejection; weekly candles higher highs & higher lows (context only); 4H candles higher highs & higher lows (context only) | Break & retest: watching bearish break at 10997.2, retest zone 10970.0-10997.2, invalidation 10950.0 | The plan requires a validated breakout and retest of the daily 10997.2 key level; because no breakout has occurred, rules mandate standing aside.

Macro: Bank of England interest rate policy expectations and Sterling fluctuations continue to influence FTSE 100 equity valuations. Slower UK economic expansion signals weigh on domestic components, while high global yield environments keep upside gains capped. Market sentiment remains cautious ahead of upcoming macroeconomic data releases.

Technicals: Price maintains a broader higher-high structure but closed down today. Momentum turned negative with a bearish candle closing at 52% of its range. Key daily levels: 67.7320 / 94.3370 | Daily candles: higher highs & higher lows, no distinct pattern; weekly candles range / mixed (context only); 4H candles lower highs & lower lows (context only) | Break & retest: watching bullish break at 94.3370, retest zone 94.1000 - 94.3370, invalidation 93.1930 | No active break and retest configuration exists on the daily chart as price is mid-range between 67.7320 and 94.3370. Trading rules require standing aside until a confirmed daily break, retest at AOI, and valid candle trigger occur.

Macro: Energy prices are balancing Middle East supply risks against broader global economic slowdown concerns. OPEC+ supply discipline underpins long-term valuations, but immediate demand uncertainties limit breakout attempts. Market participants await inventory data and policy updates for new catalyst cues.

Technicals: Dominant daily uptrend with 4 consecutive bullish closes. Bullish inside bar closing at 95% of its range. Key daily levels: Support 54.7760, Resistance 70.0230 | Daily candles: higher highs & higher lows, inside bar (compression); weekly candles range / mixed (context only); 4H candles higher highs & higher lows (context only) | Break & retest: watching bullish break at 70.0230, retest zone 69.8500-70.0230, invalidation 62.5645 | Standing aside as per rules because price is currently testing the 70.0230 daily resistance without a confirmed breakout and retest confirmation. Potential future setups will target a 1:2.1+ RRR once a clean retest occurs.

Macro: Global macroeconomic demand for precious metals and industrial silver usage continue to underpin aggressive spot buying. Central bank monetary easing expectations and safe-haven flows provide strong tailwinds for commodities. Traders are closely monitoring the 70.00 psychological ceiling for potential volatility expansion.

Technicals: Primary daily uptrend print higher highs and higher lows. Bullish marubozu closing at 97% of daily range demonstrates clear buyer dominance. Key daily levels: Support 3942.10, Resistance 4674.19 | Daily candles: higher highs & higher lows, bullish marubozu (strong full-body close); weekly candles lower highs & lower lows (context only); 4H candles higher highs & higher lows (context only) | Break & retest: watching bullish break at 4674.19, retest zone 4670.00-4674.00, invalidation 4508.99 | Standing aside as price is currently testing key daily resistance at 4674.19 without a completed breakout and retest sequence. A valid trade requires a daily close above resistance, followed by a pullback to the AOI and an engulfing confirmation candle offering a minimum 1:2.1 risk-reward ratio.

Macro: Macro sentiment for precious metals remains highly supportive amid expectations of central bank monetary easing and persistent geopolitical demand for safe-haven assets. Lower real yields continue to lower the opportunity cost of holding physical gold, providing a strong tailwind for institutional inflows. Traders should monitor upcoming inflation readings and Fed policy commentary for potential volatility catalysts.

Technicals: Daily trend is upward with price closing near the top of its session range. Powerful daily momentum supported by a 93% high-range candle close and 2 consecutive green days. Key daily levels: Support 5.98006, Resistance 6.80470 | Daily candles: range / mixed, no distinct pattern; weekly candles higher highs & higher lows (context only); 4H candles higher highs & higher lows (context only) | Break & retest: watching bullish break at 6.80470, retest zone 6.78770-6.82170, invalidation 5.98006 | Standing aside because the key daily resistance level of 6.80470 has not yet been broken and retested. A trade will be considered only after a confirmed daily breakout, AOI retest, and valid confirmation candle offering a minimum 1:2.1 RRR.

Macro: Copper prices are supported by persistent industrial demand and supply tightness across major production centers. Expectations of ongoing global monetary easing continue to provide a favorable tailwind for cyclical metals. Traders remain focused on upcoming Chinese economic data for ongoing macro confirmation.

Technicals: Daily trend remains upward with price expanding out of low levels. Strong buying response off daily low structure. Key daily levels: Support 1158.16, Resistance 1397.18 | Daily candles: lower highs & lower lows, hammer / long lower wick rejection; weekly candles lower highs & lower lows (context only); 4H candles range / mixed (context only) | Break & retest: watching bullish break at 1361.77, retest zone 1358.30-1361.77, invalidation 1275.09 | The break and retest plan requires a confirmed 1D breakout above 1361.77 with an AOI retest; until rules are met, standing aside is mandatory.

Macro: Automotive sector demand for palladium and supply discipline from South African and Russian producers continue to frame medium-term fundamentals. Macro sentiment around interest rate paths keeps precious and industrial metals volatile. Traders are watching broader commodity liquidity for directional cues.

Technicals: Dominant daily uptrend characterized by higher highs and higher lows. Strong bullish momentum reinforced by 4 consecutive green daily closes. Key daily levels: 1519.71 - 1907.09 | Daily candles: higher highs & higher lows, hammer / long lower wick rejection; weekly candles lower highs & lower lows (context only); 4H candles range / mixed (context only) | Break & retest: watching bullish break at 1907.09, retest zone 1902.00 - 1907.00, invalidation 1825.70 | The plan requires a clear daily candle breakout above the 1907.09 key level followed by a retest before taking positions. Standing aside preserves capital until the break-and-retest sequence is fully confirmed.

Macro: Platinum continues to benefit from tight physical supply fundamentals and strong industrial demand, particularly from the automotive catalytic converter sector. Broader precious metals sentiment remains supported by global rate-cut expectations, boosting non-yielding assets. Capital flows into platinum group metals are accelerating as investors seek value relative to historic gold-to-platinum spreads.