Smartmoneyconcept
DXY weekly Perspective 23.02.25DXY Analysis & Bias for This Week
My outlook for the Dollar Index (DXY) remains bearish, which aligns with my bias for bullish moves on pairs like GU, EU, and Gold. Since price has already broken structure to the downside, I anticipate a retracement to mitigate the newly formed 14-hour supply zone before continuing lower.
While price may react bullishly from the 3-hour or 2-hour demand zones I’ve marked, the overall momentum still favors the downside, as seen from the strength of recent bearish candlesticks.
Plan of Action:
📌 Once price reaches the 14-hour supply zone, I will wait for lower timeframe confirmations before taking action.
📌 I will also check for any corresponding demand zones on my other pairs to ensure alignment across the board.
EURUSD 24-28 Feb 2025 W9 - Weekly Analysis - US GDP / PCE Week!This is my Weekly analysis on EURUSD for 24-28 Feb 2025 W9 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
Weekly Chart Analysis
Daily Chart Analysis
4H Chart Analysis
Economic Events for the Week
Market Sentiment
Inflation Data Dominates
Hotter-than-expected U.S. CPI/PPI initially fueled inflation fears, but signs of moderation in underlying PPI components raised hopes for softer PCE data next week.
Investors see a growing chance of Fed rate cuts in late 2025, limiting USD strength.
Tariff Noise vs. Market Calm
Trump’s tariff threats (e.g., reciprocal steel/aluminum duties) were largely dismissed as negotiation tactics, easing fears of an immediate trade war.
Markets expect delays in implementation, reducing near-term volatility.
Geopolitical Progress Supports Risk Sentiment
Reports of progress in Ukraine-Russia peace talks (e.g., territory swaps) reduced safe-haven demand for the USD, indirectly boosting the Euro.
Stabilizing energy prices and supply chains further supported the Eurozone outlook.
Central Bank Divergence
The Fed remains cautious, emphasizing data dependency, while the ECB signals potential rate cuts later in 2025.
Short-term EUR resilience stems from reduced trade-war risks and improving Eurozone economic data.
Focus on Upcoming Catalysts
This week PCE inflation report (Fed’s preferred gauge) will test disinflation optimism.
Weak U.S. retail sales/industrial production amplified concerns about slowing growth, weighing on the USD.
Key Takeaways
Bullish Drivers:
Progress in geopolitical tensions.
Softening inflation expectations ahead of PCE data.
Tariffs seen as negotiation tools, not immediate threats.
Bearish Risks:
A hot PCE report reviving Fed hawkishness.
Sudden tariff escalations or breakdowns in peace talks.
Overall Sentiment:
Cautiously bullish for EUR/USD this week, with upside hinging on sustained risk appetite and confirmation of disinflation trends.
Weekly Chart Analysis
1️⃣
🔹Swing Bearish
🔹Internal Bearish (Pullback Phase)
🔹In Swing Discount
🔹Swing Continuation Phase (Pro Swing + Pro Internal)
2️⃣
🔹INT structure continuing bearish with iBOS following the Bearish Swing. (End of 2023 till end of 2024 was a pullback phase after the first bearish iBOS)
3️⃣
🔹After the bearish iBOS we expect a pullback, price tapped into Monthly Demand and the liquidity below Nov 2022 which is above the weekly demand formed with the initiation of the bearish iBOS pullback phase.
🔹Price made a bullish CHoCH which indicated that the liquidity was enough as per previous weeks analysis to initiate a pullback phase for the bearish iBOS.
🔹Price pulled back after the Bullish CHoCH to the Weekly Demand formed and showed reaction after volatile week.
🔹With the previous week solid Bullish close, the Demand did hold and there is a high probability that price could continue Bullish to facilitate the INT structure pullback phase.
🔹If price to continue Bullish, price will be targeting the liquidity above Dec 2024, INT Structure EQ (50%) at 1.06933 to target the Weekly Supply in premium before continuing down to target the Weak INT Low.
🔹Expectations is for price to continue Bullish if it managed to break 1.05333 27 Jan High to facilitate the INT structure pullback.
Daily Chart Analysis
1️⃣
🔹Swing Bearish
🔹INT Bearish
🔹Swing Continuation Phase (Pro Swing + Pro Internal)
2️⃣
🔹Following the Bearish Swing BOS, INT Structure continuing bearish tapping the weekly demand zone.
3️⃣
🔹After the failure to close below the Weak INT Low, price continued bullish sweeping the liquidity above Dec 30 and mitigating a Daily supply zone within the INT Structure Premium Zone.
🔹With the mitigation of the Daily supply, price created a Bearish CHoCH signaling the end of the Pullback Phase of the INT structure and the start of the Bearish move targeting the Weak INT Low.
🔹Price failed for the 2nd time to close below the Weak INT Low after mitigating the Daily Demand formed from the failure to close below the Weak INT Low which triggered aggressive Bullish reaction and mitigating the Daily Supply Zone formed from the recent Bearish CHoCH.
🔹After Supply mitigation, price continued Bearish following the Bearish INT Structure continuation phase.
🔹Previous week I mentioned “if the Daily formed a Bullish CHoCH (Currently above the recent mitigated Supply) this will shift my outlook to the Weekly Scenario of a deep pullback of the Weekly INT Structure to at least the Structure EQ (50%). MTF required to shift Bullish to confirm”. And with that happened I’d shifted to Bullish expectation and there is expectations of a deep pullback within the Daily Bearish INT structure.
🔹The expected targets for the current bullish move is 1st to sweep the liquidity above the equal highs (17 Dec & 27 Jan) 2nd Break of the Strong INT High to facilitate the Daily Bearish Swing pullback and the Weekly Bearish INT pullback.
🔹Currently Supply is failing and Demand is holding confirms the short-term Bullish scenario and setting my expectations for continuing Bullish. Price had pulled back to the recent Daily Demand and continued Bullish.
4H Chart Analysis
1️⃣
🔹Swing Bullish (Reached Swing Extreme Demand)
🔹INT Bearish (Reached Extreme Supply)
🔹INT-INT Bullish (Reached EQ (50%)
🔹Swing Continuation
2️⃣
🔹With the deep pullback to the Bullish Swing extreme discount and mitigating the 4H/Daily demand zones, price turned Bullish forming a Bullish CHoCH.
🔹The current Bullish move from Swing extreme discount to current price level having 2 scenarios (Previously I’d the following 2 scenarios where now I favors the 2nd scenario due to the impulsive nature of the move):
Scenario 1: Pullback for Bearish INT Structure and with the recent Bearish CHoCK and Minor Demand zones are failing, I expect Bearish continuation to target the Weak INT Low which aligns with the Daily/Weekly Bearish Structure/Move. (Counter Swing – Pro Internal)
Scenario 2: Bullish Swing continuation to target the Weak Swing High. Which requires to have Demand holding and Supply failing. The first sign required to confirm this scenario will be the current Demand which price is currently at to hold and we form a Bullish CHoCH. (Pro Swing – Counter Internal)
🔹As expected yesterday, price managed to continue Bullish after reaching the INT-INT structure EQ (50%) in a solid impulsive move aligns with the Swing continuation move.
3️⃣
🔹Still expectation is set to continue Bullish targeting the Weak Swing High as long LTFs holds Bullish structures. Also, In my mind I’m not neglecting the current Bearish 4H INT structure and we already reached that structure extreme where we are getting the current corrective Bearish OF.
Economic Events for the Week
USD-JPY Will Grow! Buy!
Hello,Traders!
USD-JPY has almost
Reached a horizontal
Support level of 148.530
After trading in a strong
Downtrend for some time
So a local bullish correction
Is to be expected with the
Aim of retesting the
Target level above at 149.665
Buy!
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CHF-JPY Long From Support! Buy!
Hello,Traders!
CHF-JPY keeps falling down
But will soon hit a horizontal
Support level of 165.280
And as the pair is locally
Oversold we will be expecting
A local bullish rebound and
And a move up
Buy!
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NZDSGD at Key Resistance – Will Sellers Step In? OANDA:NZDSGD has reached a significant resistance zone. This area has historically acted as a supply zone, increasing the likelihood of a pullback if sellers step in.
The current market structure suggests that if the price confirms a rejection from this resistance, we might see a move lower toward the 0.76670 level , a clear target based on past price behavior and current market structure.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
GBP_JPY SUPPORT AHEAD|LONG|
✅GBP_JPY is set to retest a
Strong support level below at 187.066
After trading in a local downtrend from some time
Which makes a bullish rebound a likely scenario
With the target being a local resistance above at 189.186
LONG🚀
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GBP-USD Local Long! Buy!
Hello,Traders!
GBP-USD made a bullish
Breakout while trading
In an uptrend and is now
Making a retest of the
New horizontal support
Level of 1.2618 so as we
Are locally bullish biased
We will be expecting a
Further bullish move up
Buy!
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EURUSD 21 Feb 2025 W8 - Intraday Analysis - EU & US PMI Day!This is my Intraday analysis on FX:EURUSD EURUSD for 21 Feb 2025 W8 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
4H Chart Analysis
15m Chart Analysis
Market Sentiment
It's PMI Day today:
EU: Flash Manufacturing PMI - Flash Services PMI
US: Flash Manufacturing PMI - Flash Services PMI
The market still in the same sentiment detailed in my Weekly Analysis . Below a summary:
Short-Term Bias: Cautiously bullish for EUR/USD, driven by optimism over delayed tariffs, geopolitical progress, and hopes for softer inflation.
Key Risks:
A hot PCE report reviving Fed hawkishness.
Sudden tariff escalations or breakdowns in peace talks.
4H Chart Analysis
1️⃣
🔹Swing Bullish (Reached Swing Extreme Demand)
🔹INT Bearish (Reached Extreme Supply)
🔹INT-INT Bullish (Reached EQ (50%)
🔹Swing Continuation
2️⃣
🔹With the deep pullback to the Bullish Swing extreme discount and mitigating the 4H/Daily demand zones, price turned Bullish forming a Bullish CHoCH.
🔹The current Bullish move from Swing extreme discount to current price level having 2 scenarios (Previously I’d the following 2 scenarios where now I favors the 2nd scenario due to the impulsive nature of the move):
Scenario 1: Pullback for Bearish INT Structure and with the recent Bearish CHoCK and Minor Demand zones are failing, I expect Bearish continuation to target the Weak INT Low which aligns with the Daily/Weekly Bearish Structure/Move. (Counter Swing – Pro Internal)
Scenario 2: Bullish Swing continuation to target the Weak Swing High. Which requires to have Demand holding and Supply failing. The first sign required to confirm this scenario will be the current Demand which price is currently at to hold and we form a Bullish CHoCH. (Pro Swing – Counter Internal)
🔹As expected yesterday, price managed to continue Bullish after reaching the INT-INT structure EQ (50%) in a solid impulsive move aligns with the Swing continuation move.
3️⃣
🔹Still expectation is set to continue Bullish targeting the Weak Swing High as long LTFs holds Bullish structures. Also, In my mind I’m not neglecting the current Bearish 4H INT structure and we already reached that structure extreme where we are getting the current corrective Bearish OF.
15m Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bullish
🔹Reached Swing EQ (50%)/Discount
🔹Swing Continuation Phase
2️⃣
🔹The 15m Bullish Swing pullback phase is still intact with continues Bearish INT structures.
🔹Price had reached Swing extreme demand in Swing Discount.
🔹With the recent Bearish iBOS, price had formed Liq. above the 15m Demand which was sept with the break of the Weak INT Low, mitigating the 15m Demand and forming a Bullish CHoCH to initiate the Bearish INT Structure Pullback.
🔹With the Bullish iBOS yesterday, we confirmed that the Swing Pullback phase may have ended and we are in a new Bullish continuation phase.
3️⃣
🔹With the recent iBOS, price is currently in Pullback Phase to HP POIs to then continue Bullish.
🔹As yesterday expectation of continuing Bullish, still on the expectations of price continuing Bullish targeting the 15m Weak Swing High / 4H Weak Swing High.
EUR-USD Potential Short! Sell!
Hello,Traders!
EUR-USD went up just
As I predicted in my
Previous analysis but
Will soon hit a horizontal
Resistance level of 1.0536
From where we will be
Expecting a local
Bearish correction
Sell!
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