Strong Bullish Momentum Across Assets

EUR/USD

EUR/USD Breaks Out Above 1.1120 – Bullish Momentum Builds

EUR/USD consolidates above 1.1350 after breakout. RSI > 67 shows strong momentum. Bullish trend holds above 1.1110–1.1145 support.

EUR/USD has confirmed a bullish breakout above key resistance at 1.1120, now consolidating firmly above 1.1350. The price structure reflects a strong upward trajectory, supported by higher lows and a breakout from the prior range. The Ichimoku cloud remains green, offering dynamic support, while the RSI above 67 signals strong bullish momentum, though near overbought territory. As long as the pair holds above the 1.1110–1.1145 zone, the bullish structure remains intact.

BRENT

Brent Crude Rebounds from Demand Zone – Trend Still Vulnerable

Brent crude bounces off $61.26–$64.77 demand zone after wedge breakdown. Recovery possible, but trend remains bearish below $68.70.

Brent crude oil dropped sharply after breaking down from a rising wedge pattern, falling below the $68.70 support and testing the $61.26–$64.77 demand zone. While the current bounce suggests a short-term recovery, the broader trend remains under pressure unless price can reclaim the $68.70 level. The RSI is recovering from oversold conditions, offering some upside potential, but a decisive breakout above the $66–$68 resistance zone is needed to reestablish bullish momentum.

XAGUSD (Silver)

Silver Tests $32 Resistance – Breakout Could Target $33.50+

Silver rallies from $29.70 base to test $31.88–$32.20. RSI near 60 shows strength. Above $30.83 keeps bullish structure intact.

Silver (XAG/USD) rallied sharply after forming a base around $29.70, pushing up to test the $31.88–$32.20 supply zone. A clean breakout above this resistance could lead to further gains toward the $33.52 key level. The RSI is nearing 60, signaling strong momentum, though caution is warranted near overbought territory. As long as price holds above the $30.83 support, the bullish trend remains valid, with the Ichimoku cloud offering dynamic trailing support.

XAUUSD (Gold)

Gold Nears $3,225 – Parabolic Trend Eyes New Highs

Gold rallies above $3,167, now holding below $3,225. RSI at 71.70 signals overbought, but no reversal yet. Momentum remains strong.

Gold (XAU/USD) continues its parabolic uptrend, trading just below $3,225 after a powerful breakout above $3,167 resistance. The rally began from the $3,070–$3,087 support zone, with additional demand seen near $3,140.63. The RSI is at 71.70, reflecting short-term overbought conditions, though there are no signs of reversal yet. If momentum holds, the move may extend to new highs, though a brief consolidation near current levels would support trend continuation.