technical

USD/MXN remains bearish despite a short-term bounce, with 17.40 acting as resistance and the broader carry trade still favoring peso strength.

Copper remains bullish as buyers defend $6.50 support, with AI-driven demand keeping $6.80 and $7.00 in focus as the next upside targets.

USD/ZAR remains choppy but supported near 16.20–16.25, with 16.60 as the key resistance level and energy risks keeping rand volatility elevated.

Silver remains bullish long term but is pulling back from $90 resistance, with traders watching $80 as the next major value zone for buyers.

Gold continues to consolidate as softer US yields support buyers, but the 50-day EMA remains the key barrier before a possible move toward $5,000.

USD/CAD has turned bullish after breaking above 1.37, with buyers targeting 1.39 while support near 1.3675 keeps the long setup intact.