Market wrap and forecast: Fed rate hike watch, Dollar bounce, Gold and Bitcoin pulls back [Video]
![Market wrap and forecast: Fed rate hike watch, Dollar bounce, Gold and Bitcoin pulls back [Video]](https://editorial.fxsstatic.com/images/i/crypto-01_XtraLarge.jpg)
In this week’s market wrap, I broke down what’s happening across the board as we head into a major week filled with the Fed’s rate decision and the NFP release.
The Dollar is starting to bounce after a few weeks of pressure, reclaiming some bullish structure. I walked through the key zones I’m watching on DXY and why this rebound might set the tone going into next week’s macro catalysts.
Gold is currently pulling back, and we could see further downside as traders lean into risk-on plays. AUD and NZD are showing strength, and we’re seeing that same momentum spill into the Nasdaq and S&P 500, which are still grinding higher toward fresh highs.
I also talked about:
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The current risk-on sentiment and how it’s playing out across FX and indices.
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The potential continuation on AUD, NZD, Nasdaq, and SPX 500.
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Why gold’s pullback could be setting up something cleaner soon.
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What I’m expecting from the Dollar ahead of the Fed + NFP.
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How I’m planning to trade around next week’s volatility spike.
If you’re looking to get positioned before things kick off, make sure you check this one out.
Author
Jasper Osita
ACY Securities
Jasper has been in the markets since 2019 trading currencies, indices and commodities like Gold. His approach in the market is heavily accompanied by technical analysis, trading Smart Money Concepts (SMC) with fundamentals in mind.
