Weekly SMC Outlook: DXY, EURUSD, GBPUSD, Gold, Silver, WTI, Nasdaq, Bitcoin
About this video
๐ฅ IC Markets 100% deposit bonus up to $1k: https://dailypriceaction.com/ic-markets
Also, get 50% bonuses on future deposits up to $25k. Deposit $10k or more with IC Markets using the link above to get lifetime access to my VIP Discord group and complete SMC course!
Disclosure: I may earn a commission if you open an account through this link, at no extra cost to you.
Learn the only SMC strategy you'll ever need (FREE): https://access.dailypriceaction.com/smc-strategy
In todayโs Weekly SMC Outlook, weโre breaking down the DXY, EURUSD, GBPUSD, gold, silver, WTI crude oil, Nasdaq, and Bitcoin as markets sit at a major decision point.
DXY is still bullish overall, but next week comes down to whether the dollar can hold key support or needs one more pullback first.
EURUSD is still bearish for me, but Iโm watching for relief into premium before looking for the next short setup.
GBPUSD is similar to the euro, with sellers still in control but price sitting too low for me to justify shorts without a move higher first.
Gold remains in trouble after losing its yearly open, and Iโm watching for relief into premium before looking for another short toward lower levels.
Silver is also still bearish, with the market holding below key levels and the larger $48 area still on my radar if the downtrend continues.
WTI is getting interesting near the origin of the breakout, and Iโm watching for a possible change of character that could set up a much larger move higher.
Nasdaq is starting to look top heavy with a possible diamond top forming, and a confirmed breakdown could open the door to much lower prices.
Bitcoin is still holding below the key $60K area, and unless BTC can reclaim it, my target remains the mid-$40K region.
#SMC #SmartMoneyConcepts #WeeklySMCOutlook #ForexTrading #GoldTrading #EURUSD #Nasdaq #Bitcoin
CHAPTERS
0:00 Intro
0:27 DXY
1:35 IC Markets Bonus
6:09 EURUSD
8:51 GBPUSD
10:40 XAUUSD
14:42 XAGUSD
18:05 WTI
22:09 Nasdaq
25:07 Bitcoin
SMC LESSONS
BoS and CHoCH made simple
https://youtu.be/FE1bgD9N6DM
Steal my liquidity sweep entry model (beginner-friendly)
https://youtu.be/XH4TAoLCFBk
Premium, discount, and OTE explained
https://youtu.be/UWrvexqN3w8
Disclaimer: This video is for educational purposes only and is not financial advice. Trading forex, crypto, and other markets involves risk and may not be suitable for all investors. Always do your own research and never risk money you canโt afford to lose. I am not responsible for any losses you may incur from acting on the information in this video.
Justin Bennett published this video on YouTube. It is not Finjiโs analysis and not investment advice; the content belongs to the channel.
Check the numbers behind the talk
Quotes, valuation, flows and news for every stock, plus the live market view.