Skeptic | Weekly Watchlist Top Triggers for Forex, Gold & More!DXY: The Market’s Compass
Let’s kick it off with DXY—the Dollar Index every trader needs to watch to get the market’s big picture.
Daily Timeframe: After a failed break below the critical support at 98.801 , DXY dumped to 97.596 , then pulled back to test 98.801 . With rate cuts looking likely soon , I’m betting on more downside for DXY. The only wildcard? Rising Middle East tensions could spike inflation, push rates higher, and strengthen DXY, hammering crypto and CFD indices.
4-Hour Triggers:
Short: Break below 98.530 —a clean setup to ride down to 97.596 . I’m leaning heavier on this, pairing it with USD-based forex trades for max R/R. 😤
Long: Break above 99.114 —riskier against the trend, so keep stops tight and profits quick.
Pro Tip: Shorts are the safer play here, but watch geopolitical news for sudden reversals.
EURX: Uptrend Power
EURX is flexing some muscle.
Weekly Timeframe: The resistance at 1072.6 looks broken. If we avoid a fakeout and hold above this zone, I’m expecting the major uptrend to keep rolling.
Game Plan: No trigger needed—just confirm a few 4-hour candles above 1072.6, and I’m opening longs on EUR-based pairs. Patience for confirmation is key! 🙌
Pro Tip: Watch for fake breakouts—let the market prove itself before jumping in.
Commodities: Gold & Silver
XAU/USD (Gold)
My gold analysis from last week still holds ( check it if you missed it—it’s got Middle East war scenarios and Bitcoin insights too ). No need to repeat—go read it for the full scoop! 📚
XAG/USD (Silver)
Silver’s been on a wild ride after a massive pump.
4-Hour Timeframe : We’re now in a 4-hour range, which makes sense, and I expect it to linger into next week.
Triggers:
Long: Break above resistance at 37.31559 .
Short: Break below support at 35.56800 .
Pro Tip: If you’re holding my 33.68317 long from last week, don’t close yet—let it ride for more gains. If you’re not in, avoid FOMO and wait for the range break. 😎
Forex Pairs
EUR/USD: Ready to Pop
With EURX in an uptrend and DXY likely breaking support, I’m super bullish on EUR/USD next week.
4-Hour Triggers:
Long: Break above resistance at 1.15429 . No need for RSI or SMA confirmation—just a clean breakout, and we’re in. 🚀
Short: Break below 1.13566—only if EURX’s 1072.6 break turns out to be a fakeout.
Pro Tip: Longs are the play here—keep it simple and ride the breakout wave.
GBP/USD: Bearish Break
GBP/USD is looking spicy after a downward move.
Daily Timeframe: The upward channel broke to the downside. I cloned the channel and placed it below—support at 1.34090 is massive, with multiple reactions in the past.
4-Hour Trigger: Break below 1.34090 opens a bearish move with high R/R. I’m personally shorting this break. 😤
Pro Tip: This is a key level—set alerts and don’t miss it!
USD/JPY: Range Game
USD/JPY is stuck in a long 4-hour box range.
4-Hour Timeframe: Price keeps testing the ceiling but travels less toward the floor, showing traders want to break up, not down.
Triggers:
Long: Break above ceiling at 146.204.
Short: Break below the upward trendline, then support at 145.194 .
Pro Tip: Longs have more juice—watch for volume on the break.
EUR/CHF: Mirror of USD/JPY
EUR/CHF is vibing like USD/JPY—a 4-hour box range.
4-Hour Triggers:
Long: Break above resistance at 0.94293 .
Short: Break below channel floor at 0.92963 .
Pro Tip: Wait for a clean break—ranges can be choppy!
Final Vibe Check
That’s your Weekly Watchlist , fam! I’ll keep you updated daily as markets shift. Stay safe with capital management—max 1% risk per trade, no excuses. This week’s loaded with banger triggers, so sit down now, analyze, and set your alerts so you don’t miss a single move. Let’s make it a profitable week! 🚨
💬 Let’s Talk!
If this watchlist got you hyped, smash that boost—it means the world! 😊 Got a pair or setup you want me to hit next? Drop it in the comments. Thanks for rolling with me—keep trading sharp! ✌️
