Weekly Technical Market Breakdown — DXY | USDJPY | GBPUSD
In today’s live trading session, we analyzed key market structures across major pairs and shared some high-probability setups for the week.
📈 DXY (US Dollar Index):
The dollar showed strong bullish momentum, and based on structure, I’m projecting a potential BUY continuation as long as price holds above the recent support zone.
💹 USDJPY:
Momentum aligns with DXY, indicating further upside potential. Our BUY bias remains valid while price sustains above the key demand area.
💷 GBPUSD:
Following recent weakness, the pair is showing signs of exhaustion within the retracement phase. I’m expecting a SELL opportunity from the premium zone, targeting lower liquidity levels.
This session also highlighted the importance of understanding correlation between major pairs and the dollar index when planning trade setups.
Stay patient, trade your plan, and manage your risk effectively.
Join our next live session to gain more insights and real-time market breakdowns.