I just launched a free 3-day SMC strategy course that walks through exactly how I trade structure, liquidity, and entries as a full-time trader. You can access it here: https://access.dailypriceaction.com/smc-strategy In this weekly SMC outlook, I’m walking through my exact trade plan and what I’m watching next week across multiple markets using Smart Money Concepts. This is my opinion only and not financial advice. I’ll cover structure, change of character, break of structure, imbalances, OTE, and what would actually get me involved next week. DXY (US Dollar Index) Last week the DXY was mostly sideways, so there wasn’t much follow-through. Structurally, we did get what I’m treating as a change of character, but it’s mostly internal within the larger downtrend. Because of that, I’m not treating this as a confirmed trend reversal. What matters now is how price reacts around the recent lows and highs. If we get acceptance below the lows near 97.29, I’m watching for a rotation lower into the downside imbalances. If price instead breaks and holds above the recent highs, then we could see continuation higher into remaining upside imbalances. Right now, the jury is still out. EURUSD The euro was also very sideways last week and didn’t offer clean opportunities. We did get a liquidity sweep below recent lows, which makes the highs above more important going into next week. If EURUSD gets acceptance above that high, it opens the door for a move higher into the 1.19 area, where there’s clear displacement and unfinished business. If price fails and rotates lower instead, then a break below the lows would confirm a bearish continuation and target sell-side imbalances below. For now, I’m waiting for clearer structure. GBPUSD The pound is more interesting than the euro because we actually got follow-through. We had a change of character, a lower high, and continued downside movement, which confirms the structure shift. I’m focused on the 136.42 area next week. That level lines up with the top of the distribution channel and a developing fair value gap across multiple timeframes. If price retests that area and gives a low-timeframe change of character, I’ll look for shorts to continue the downtrend. If we get acceptance above that area, behavior changes and I’d be more cautious looking for shorts. Structurally, as long as we’re below the prior external high, the pound remains bearish. NZDUSD This is the market I traded last week and shared in real time in Discord. The downtrend is well-defined, with aggressive moves and shallow pullbacks. The key here isn’t just labeling internal vs external structure. It’s recognizing the change in behavior after a very strong trend. We got a clear change of character, a break of structure, and price reacted perfectly from OTE into imbalance for a 3R short. After Friday’s strong risk-on move, NZDUSD is back into OTE again. What I need next week is more structure on the lower timeframes to confirm a top. If I get that confirmation, I’ll look for shorts. If price gets acceptance higher and starts challenging the highs, I won’t force anything. No confirmation means no trade. XAUUSD (Gold) I’m only covering gold because so many people asked. The volatility right now is extreme, and I have no interest in trading it aggressively. That said, there is a large imbalance overhead and price is near OTE from the recent drop. Even if this is a bottom, I think gold may range for a while between the recent high and low. If price pushes into that imbalance and gives a clear low-timeframe shift, there could be a range setup. Otherwise, I’m staying patient and focused on cleaner markets. Final Notes All trades I take are shared live in Discord with full explanations and annotated charts. You’ll also get access to my free SMC course, which breaks down exactly how I trade these setups each week. If this outlook helped, make sure you’re subscribed and I’ll talk to you next week. CHAPTERS 0:00 Intro And Markets Covered 0:15 DXY (US Dollar Index) Outlook 2:58 Free SMC Strategy Course 4:36 EURUSD Outlook 6:39 GBPUSD Outlook 11:14 NZDUSD Outlook 16:35 XAUUSD (Gold) Outlook 18:45 Wrap-Up And Free SMC Course SMC LESSONS Steal my liquidity sweep entry model (beginner-friendly) https://youtu.be/XH4TAoLCFBk My favorite reversal pattern https://youtu.be/z6osi7TZCZQ BoS and CHoCH made simple https://youtu.be/FE1bgD9N6DM Premium, discount, and OTE explained https://youtu.be/UWrvexqN3w8 #smc #forextrading #priceaction #dxy #eurusd #gbpusd #nzdusd 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 can’t afford to lose. I am not responsible for any losses you may incur from acting on the information in this video.