DBG Markets: Market Report for Mar 14, 2025

Market Analysis

GOLD - GOLD prices rose significantly yesterday according to expectations, reaching a $3,000 peak. The MACD found increased bullish movement alongside the RSI, showing momentum continuation for the buying. We anticipate further buying to continue in the coming days as strong momentum bullish comes in for prices.

SILVER - SILVER prices are currently seeing increased bullish movement with the MACD rising higher and the RSI reflecting the increased bullish momentum. The EMA200 is also following through the increase of price. We expect further buying in the coming days.

DXY - The Dollar is also steady in its rise to test the EMA200 despite the increase of GOLD, showing uncertainty surrounding the dollar in general. The fears of Tariffs and possible inflationary moves surrounding Trump widen fear of a possible continuation sell in the coming days—or it can also go strongly bullish depending on the parameters in which this will be set. The MACD and the RSI are still consolidated, showing little conviction to a direction. We wait for more price prints to be sure of the market direction.

GBPUSD - The Pound is still consolidated. We do not change our reading of this price. We wait for a more clear market movement.

AUDUSD - The Aussie dollar is still consolidated. We wait for a more clear break before changing our reading of this chart.

NZDUSD - The Kiwi is in the same boat as the Aussie dollar. We have to wait before changing our call of this market.

EURUSD - The Euro finds increased selling movement, reflecting the slight growth of the dollar overall. We see the potential of price to continue selling in the coming days, but we wait for a more clear market movement.

USDJPY - The Yen is still consolidated as well, hovering on the EMA200. It is respecting the structure of price and we expect continuation of the sell. The RSI and the MACD are reflecting this movement. We anticipate further selling growth in the coming days.

USDCHF - The Franc is seeing increased buying, testing the EMA200. We will not change our reading of this market and anticipate further selling due to market structure. We wait for more price prints.

USDCAD - There will be no changes in our reading of the CAD. We wait for more market trading in the coming days.