The macro tape stays busy this week:
• Powell’s latest comments cooled equity risk.
• The Bank of England announced changes to its foreign-currency reserve management.
• OECD interim report flagged resilient but uneven global growth.
• Gulf central banks cut rates while the Fed stays cautious.
My Technical View
Price action shows weekly buyers losing momentum while the dollar still presses higher.
We’re trading around the volume-range midpoint, so expect chop, but momentum favors the dollar for now.
Key DXY Levels
Support: 110.600 – a decisive close below opens the path toward the 107-ish range.
Deep liquidity zone: 102-area remains a magnet for market-maker discounting if selling accelerates.
Higher-timeframe bias: still bullish range, so any short plays are tactical, not “hold forever.”
Bitcoin
BTC tracks macro flows closely; watch how it reacts if DXY tests those supports. A sustained dollar breakout could pressure BTC’s recent strength, while a DXY fade would give crypto another tailwind.
Plan
Stay patient around the mid-range chop. Let the daily closes decide if the 110.600 break is real before scaling positions.
• Powell’s latest comments cooled equity risk.
• The Bank of England announced changes to its foreign-currency reserve management.
• OECD interim report flagged resilient but uneven global growth.
• Gulf central banks cut rates while the Fed stays cautious.
My Technical View
Price action shows weekly buyers losing momentum while the dollar still presses higher.
We’re trading around the volume-range midpoint, so expect chop, but momentum favors the dollar for now.
Key DXY Levels
Support: 110.600 – a decisive close below opens the path toward the 107-ish range.
Deep liquidity zone: 102-area remains a magnet for market-maker discounting if selling accelerates.
Higher-timeframe bias: still bullish range, so any short plays are tactical, not “hold forever.”
Bitcoin
BTC tracks macro flows closely; watch how it reacts if DXY tests those supports. A sustained dollar breakout could pressure BTC’s recent strength, while a DXY fade would give crypto another tailwind.
Plan
Stay patient around the mid-range chop. Let the daily closes decide if the 110.600 break is real before scaling positions.
Trader & Coach | Founder of CORE5 Tradecraft™
Sharing data-driven strategies that blend market structure, volume flow, and real economic drivers.
I publish the weekly CORE5 War Map on Substack — free insights, charts, and macro context.
Sharing data-driven strategies that blend market structure, volume flow, and real economic drivers.
I publish the weekly CORE5 War Map on Substack — free insights, charts, and macro context.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
Trader & Coach | Founder of CORE5 Tradecraft™
Sharing data-driven strategies that blend market structure, volume flow, and real economic drivers.
I publish the weekly CORE5 War Map on Substack — free insights, charts, and macro context.
Sharing data-driven strategies that blend market structure, volume flow, and real economic drivers.
I publish the weekly CORE5 War Map on Substack — free insights, charts, and macro context.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.