Today's Market Movers

Gold stayed flat, weighed down by easing geopolitical heat — peace talks between Russia-Ukraine and Pakistan-India lowered safe-haven demand. Meanwhile, improving U.S.-China trade ties and a stronger dollar continue to put pressure on metals.

Tech Take:

The bearish structure remains intact. Gold needs to break above 3260.22 to flip the narrative. The MACD shows rising bearish volume, and the RSI is stuck in a consolidation loop. A breakdown looks more likely unless bulls stage a comeback soon.

Silver‘s stuck in the same sideways limbo as gold. With no clear direction, we’re staying hands-off unless you're scalping tight intraday ranges.

The dollar softened after tamer inflation numbers dampened fears over Trump-era tariffs being too inflationary. Markets are rethinking Fed policy—less urgency for aggressive cuts now, especially with that 90-day tariff pause.

Tech Take:

The MACD is tilting bearish, RSI cooling off. A dip toward the EMA200 seems likely unless upcoming retail sales and PPI data flip the script. A weaker U.S. economy？ More cuts. A global rebound？ The dollars back in charge.

The Pound is clawing back from lows after rebounding off 1.31804. Bullish momentum is brewing — MACD rising, RSI climbing, and price above the EMA200. This could be the start of a reversal, but were watching for confirmation.

The Aussie is back in bull mode after a clean breakout. Its now in a broader consolidation zone, with both MACD and RSI flashing buy signals. Short-term upside looks favorable, especially if risk-on vibes continue.

The Kiwi is coiling up with a bullish twist. MACD and RSI hint at more upside ahead, though it's still range-bound. A breakout will give us stronger conviction — until then, patience is key.

The Euros bounce looks more like a dead-cat retrace than a true rally. MACD and RSI show strength, but we see it stalling near the EMA200 before resuming its broader downtrend — unless it can break cleanly above resistance.

Yen is cooling off after recent highs, possibly eyeing a gap fill. MACD and RSI show building bearish pressure, with price heading toward the EMA200. Still, the broader trend is bullish — a pullback could open the door for new long setups.

The Franc mirrors the Yen — pulling back, nearing EMA200, with MACD and RSI signaling downside. But the long-term bullish bias is alive. Short-term weakness, long-term opportunity.

Loonie reversed from highs as the new Canadian cabinet under Mark Carney took shape. The market's focused on Tim Hodgson, ex-Goldman, as the new Natural Resources Minister.

“Carney campaigned on building — this pick proves it,” says Adam Button, ForexLive.

MACD and RSI back the bearish shift. Long-term, Canadas economic pivot away from U.S. dependence could be bullish… but expect choppy waters ahead for CAD.