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 Don't get complacent with these trends in the forex market because based on the charts, we could see some reversals take place next week, especially with the US-Iran talks over the weekend. In today's SMC outlook, I'm sharing my game plan for the DXY, the euro, the pound, and gold so you can make sense of what's happening out there in the markets. As always, this is my opinion only and not financial advice. TIMESTAMPS 00:00 Intro 00:24 DXY (US Dollar Index) 07:29 EURUSD 14:27 GBPUSD 18:08 XAUUSD (Gold) DXY The DXY is still holding on to that 2011 channel support around 97.5, and that's the line in the sand. On the daily, we also got a bullish change of character, which is a fact of the chart. The key level to watch next week is 98.3. If we get a close above that on the one hour, I'm looking at 99.5 and possibly the 100 area as my target, right into that imbalance in premium. Bullish and bearish are not synonymous with buy and sell, so I'm waiting for the setup. EURUSD Textbook so far. The euro tapped right into the area I mapped out last week, closed the gap, and mitigated the imbalance. We also got a clean bearish change of character on the daily, the first one in about a year and a half within this uptrend. I need to see a confirmed close below the hourly low before I call it a near-term top. If we get it, first target is the bullish CHoCH and imbalance down around 1.16, then the lows below that and possibly lower over the coming weeks. No confirmation yet, so one step at a time. GBPUSD Not as clean as the euro, but there's a liquidity sweep reversal (LSR) setting up on the one hour. The pound swept the high twice, and the low that triggered that last sweep is the one I'm watching. A close below 1.35 next week and I think we have a near-term top in place. From there, first target is the OTE zone and imbalance around 1.33. The risk here is that bullish change of character back below could turn into a higher low, so I don't want to chase this into the lows and round trip the trade. XAUUSD (Gold) Gold never gave me the long setup I wanted off that potential change of character, and I'm not chasing it up here in premium. We did get acceptance below that key low, which tells me sellers remain in control within the context of this pullback. The four hour is starting to look like a rising wedge, and this move up may just be mitigating imbalances from earlier. If gold takes out the protected low on the one hour, I think we get a near-term top and a move down toward that imbalance below the lows. A lot of this comes down to what the DXY does next week. Want to see the exact SMC strategy I trade with my own money every day? Grab my free 3-part training here (no cost, no catch): https://access.dailypriceaction.com/smc-strategy #SMC #ForexTrading #PriceAction #DXY #EURUSD #GBPUSD #Gold #XAUUSD #DailyPriceAction #smartmoneyconcepts 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 can’t afford to lose. I am not responsible for any losses you may incur from acting on the information in this video.