Coverage note: This analysis is based on the 21 instruments for which four timeframes were available. The 29-instrument daily set is incomplete; CHF/JPY, AUD/JPY, NZD/JPY, CAD/JPY, AUD/NZD, XAU/USD, XAG/USD and BTC/USD are excluded. Data update times could not be fully aligned.
Overview
Euro weakness and improving Australian-dollar momentum are the main themes. USD/JPY retains a buy bias across all timeframes, while gold and silver futures show strong selling alignment. WTI crude has a daily buy signal opposed by short-term selling. S&P 500 higher timeframes are relatively firm, while short-term selling appears in the Dow and European indices. Timeframe alignment matters more than forcing a single market-wide direction.
Major changes
AUD/USD improved to a buy bias, including on the daily chart. GBP/USD turned higher on the 15-minute and hourly charts, but its daily view is neutral. EUR/JPY shifted from short-term buying to selling. Gold and silver lost their short-term rebound and now show strong selling across timeframes. WTI retains a strong daily buy signal but weakened on shorter charts. The Dow hourly view retreated from strong buying to neutral.
FX
EUR/USD 1.1192: Strong selling across all timeframes, with moving averages and indicators aligned. A rebound may offer a sell setup; reassess if short-term signals turn higher.
GBP/USD 1.3264: Five-minute neutral, 15-minute buy, hourly strong buy, daily neutral. Daily moving averages are bearish while indicators are strongly bullish; wait for the rebound and daily direction to align.
USD/JPY 158.44: Five-minute buy and strong buy on the remaining timeframes. The aligned buy bias remains, though short-term momentum has eased; potential dip-buying candidate.
USD/CHF 0.8335: Five-minute neutral; 15-minute, hourly and daily strong buy. Short-term averages and indicators conflict; wait for alignment.
AUD/USD 0.7011: Strong buy on 5-minute, 15-minute and hourly charts; daily buy. Improved from prior selling, but daily averages remain neutral.
NZD/USD 0.5618: Neutral on 5- and 15-minute charts, hourly buy, daily strong sell. Rebound is visible, but the daily downtrend remains.
Crosses and relative strength
EUR/JPY 177.33: Strong sell on 5- and 15-minute and daily charts; hourly neutral. GBP/JPY 210.15: Buy on 5-minute and daily, strong buy on 15-minute and hourly; daily averages are neutral. EUR/GBP 0.8439: Strong sell across all timeframes, reflecting continued euro underperformance. EUR/CHF 0.9329: 5-minute sell, 15-minute buy, hourly strong buy, daily neutral; daily averages and indicators conflict.
Commodities
Gold futures 4,167.97 and silver futures 58.728: Strong selling across all timeframes, with averages and indicators aligned. WTI 94.51: Strong sell on 5- and 15-minute, hourly neutral and daily strong buy; wait for hourly buying to recover before considering a dip-buy. Natural gas 3.316: 5-minute sell, 15-minute strong sell, hourly and daily strong buy; short-term correction within a firmer higher-timeframe picture.
Equity indices
Dow 51,670.10: Strong sell on 5-minute, sell on 15-minute, hourly neutral, daily buy; await the end of short-term correction. S&P 500 7,805.64: 5-minute neutral, 15-minute strong buy, hourly buy, daily strong buy. Nasdaq 100 30,569.48: Strong buy on 5-minute, buy on 15-minute, strong sell hourly, buy daily; signals conflict. DAX 25,259.90: Sell on 5-minute, strong sell on 15-minute and hourly, daily neutral. UK 100 10,650.33: Sell on 5-minute, strong sell on 15-minute, hourly neutral, daily strong buy. CAC 40 7,827.63: Strong buy on 5-minute, neutral on 15-minute, strong sell hourly and daily. Nikkei 225 67,777.52: Strong buy 5-minute, neutral 15-minute, strong sell hourly, buy daily.
Trade focus
Aligned dip-buy candidates: USD/JPY, AUD/USD and GBP/JPY. Natural gas and the S&P 500 require short-term improvement after their pullbacks. Aligned rebound-sell candidates: EUR/USD, EUR/GBP, gold and silver; DAX is a short-term sell candidate, while CAC 40 requires a failed rebound. Wait for clearer alignment in GBP/USD, NZD/USD, EUR/CHF, crude, Nasdaq 100 and Nikkei 225. Monitor whether euro selling and AUD improvement persist, and whether crude regains hourly support. Correlated positions in currencies or metals can concentrate risk.
