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Weekly market wrap: Gold recovers, Dollar holds, Bitcoin breaks $120K, Nasdaq eyes highs [Video]

This week’s market breakdown mapped out the key technical setups unfolding across the Dollar, crypto, metals, and indices, just as the market continues to digest sticky inflation and prepares for another leg of volatility.

Youtube preview

The US Dollar Index remains on a bullish stance, holding structure as inflation runs hotter than expected, fueling expectations the Fed will stay on pause longerUSD/JPY is respecting key support and looks primed for a bullish continuation, while EUR/USD remains fragile with a potential downside continuation as Dollar holds ground.

Gold is struggling to reclaim momentum, hovering near $3,360 as demand continues to shift toward digital assets. Over in crypto, Bitcoin delivered a clean breakout above $120K and is now consolidating with a bullish structure still intact. EthereumXRP, and meme coins like FLOKI and PEPE are also on a momentum as crypto week, and U.S. support acts as stimulus

Equity markets remain technically strong. The Nasdaq 100 and S&P 500 continue to grind at all-time highs. Dow Jones is rebounding off support and building momentum for a possible breakout as broader market sentiment stabilizes.

So what’s the playbook heading into next week?

We covered:

  • Technical structure on DXY, USD/JPY, EUR/USD, and Gold.
  • Continuation setups and invalidation zones across Bitcoin, Ethereum, and altcoins.
  • High-probability plays on Nasdaq, S&P 500, and US30.
  • The inflation-Fed dynamic and its impact on short-term trend strength.

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Author

Jasper Osita

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.

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