GU, UJ & Gold Weekly Outlook | Key Levels & Trade Plan |Oct 6–10
This week’s market outlook is packed with opportunities and risks. In this video, I walk you through my personal chart structures on GBP/USD, USD/JPY, and Gold, showing you the levels I’m watching, what they reveal about market sentiment, and how I’m planning my trades for the week.
By the end of this video, you’ll:
✅Understand the key support and resistance zones driving price action.
✅See how I balance fundamentals and technicals in real time.
✅Learn why structure is my guide, not predictions.
✅Get a practical roadmap to approach the week with confidence.
⚠️ This isn’t a signal service; it’s my personal trading map, shared to help you think and trade smarter.
🔔 I’ll also be dropping updates in the comments section as the week unfolds, so keep an eye there for my real-time thoughts.
By the end of this video, you’ll:
✅Understand the key support and resistance zones driving price action.
✅See how I balance fundamentals and technicals in real time.
✅Learn why structure is my guide, not predictions.
✅Get a practical roadmap to approach the week with confidence.
⚠️ This isn’t a signal service; it’s my personal trading map, shared to help you think and trade smarter.
🔔 I’ll also be dropping updates in the comments section as the week unfolds, so keep an eye there for my real-time thoughts.
Сделка активна
📉 GBPUSD UpdateThe week opened with a bearish gap as the Dollar started strong. Right now, GBPUSD is stuck between 1.34230 – 1.34585, showing clear hesitation ahead of the BOE Governor’s speech later today.
While the USD looks strong, its momentum could be capped by:
✅ The ongoing US government shutdown
✅Rising expectations of two more Fed rate cuts this year
🔎 On the 1H chart [see chart below], the new structure identified reflects the current sentiment, a market caught between uncertainty and caution as it highlights where buyers and sellers are drawing their lines, and it will directly guide my trading approach today.
Заметка
💹 USDJPY UpdateThe week kicked off with a bullish gap, and the price has continued to climb. This move was fueled by the outcome of Japan’s ruling LDP leadership election, which positions Sanae Takaichi to become Japan’s first female Prime Minister.
Her pro-growth fiscal & monetary stance means the BoJ could delay rate hikes, putting pressure on the Yen.
As I shared in my video, I was eyeing a breakout above 147.500. But price has already moved over 250 pips since that break, so I didn’t catch the move.
For now, it’s about patience. I’ll wait for new structures to form that can guide my decisions today. I’ll keep you posted once something clear set up.
Заметка
🪙 XAUUSD (Gold) UpdateGold has started the week on a strong note, pushing to test fresh record highs. This momentum is backed by two big drivers:
✅Ongoing uncertainty around the US government shutdown
✅Growing bets that the Fed will cut rates again this year
With these factors in play, Gold is once again proving itself as the go-to safe-haven asset.
🔎 On the 1H chart, I’ve highlighted a new structure that captures the current market sentiment, and it will guide my trading approach today.
We’ll break this down further during our upcoming livestream 🎥...see you soon!
Сделка закрыта: достигнута тейк-профит цена
📊 Midweek Market Update – GBPUSDAs we discussed during our Monday live stream, we caught the sell move after the price broke/retested the ascending trendline. That position is now running with a minimum profit of 60 pips.
👉 At this stage, it’s smart to secure some profits while letting the rest play out.
The Pound Sterling continues to edge lower against the US Dollar as expectations rise that the Bank of England (BoE) may cut rates again before year-end. Growing concerns in the UK labour market are fueling these dovish expectations, keeping GBPUSD under pressure.
📉 On the 15-minute timeframe, I have identified a new structure that reflects the current market sentiment and will guide my decision-making today (see chart below).
🔒 All positions secured now.
Заметка
📊 Midweek Market Update – USDJPYThe setup from Monday's session hit TP this morning with +200 pips locked in.
The Japanese Yen stays weak after Takaichi’s win, sparking talk of more expansionary fiscal policies. Traders also believe the BoJ may delay rate hikes, which keeps pressure on the Yen.
Meanwhile, the Dollar remains strong, helping the pair hold strong momentum to the upside.
👉 Because of this, I still see more room for the price to climb. I have identified a new structure on the 15-minute timeframe which reflects the current market sentiment. I’m watching the ascending trendline closely as it will guide my next moves.
📅 Don’t forget: the FOMC Minutes drop later today, so expect some market reaction around that.
Заметка
📊 Midweek Market Update – XAUUSD (Gold)As shared on Monday, the breakout/retest at $3,945 gave a solid buy entry, and the price just broke the aim mentioned in my weekend video at the $4,000 level.
Gold is now extending its record-breaking rally, holding momentum above the big $4,000 psychological mark.
⚠️ The push higher is fueled by:
✅Ongoing US government shutdown concerns 🇺🇸
✅Growing expectations that the Federal Reserve will cut rates further
✅And, as always, the safe-haven demand for Gold during uncertain times
👉 For today, I’ll be working with the 15-minute timeframe structure [see chart below]. The ascending trendline and levels inside that structure will guide my decisions.
We’ll break this down more in our upcoming livestream... see you soon!
Заметка
📊 GBPUSD Market Update [Last Trading Day of the Week]Over the last 48 hours, the Pound Sterling (£) has continued to depreciate against the US Dollar ($). The USD has been gaining strength thanks to a wave of risk aversion, as investors seek safety amid the ongoing US government shutdown.
The US Senate is still deadlocked on a deal to end the shutdown, which is keeping the Dollar supported.
But here’s the twist: we can’t ignore the recovery potential for GBP today. BoE policymaker Catherine Mann reminded markets yesterday that UK monetary policy will need to stay restrictive for longer in order to fight persistent inflation and support growth, even if the outlook remains modest.
🔎 On the technical side, I’ve spotted a wedge pattern formation on the 15-minute timeframe [see chart below]. This structure reflects current market sentiment and will be guiding my trading decisions today.
📌 Key takeaway:
✅USD remains strong due to risk aversion
✅GBP could find some recovery support after Mann’s remarks
✅Watching the wedge structure closely for trade setups today
Заметка
📊 USDJPY Market Update [Last Trading Day of the Week]Since testing the 153.250 area on Wednesday, the USDJPY has been trading mostly within a range.
The Japanese Yen (JPY) is holding on to modest recovery gains after Japan’s Finance Minister Kato gave some verbal intervention earlier this morning. That’s a subtle way of saying: “We’re watching the Yen closely.”
At the same time, markets are still betting on the possibility of another BoJ interest rate hike this year. Combine that with today’s cautious mood across global markets, and the Yen is getting some safe-haven support.
🔎 On the technical side, I’ve identified a descending channel formation on the 15-minute timeframe. This accurately captures the current market sentiment over the last 48 hours and will guide my trading decisions today.
📌 Key takeaway:
✅USDJPY trapped in a range since mid-week
✅Yen boosted by verbal intervention + rate hike bets
✅Watching the descending channel for trade opportunities today
Заметка
📊 XAUUSD Market Update [Last Trading Day of the Week]Over the last 18 hours, Gold has been moving sideways, stuck in a range as indecision dominates the market.
Why the indecision?
1️⃣ Ongoing Fed rate cut bets
2️⃣ The prolonged US government shutdown
3️⃣ Rising geopolitical risks
All of these normally support safe-haven assets like Gold, but right now, traders are still cautious.
Here’s the catch: while the cautious mood could limit any big decline, Gold is also facing a lack of strong buying momentum. This raises doubts for the bulls, especially since prices are coming off a record-setting rally and remain in overbought conditions.
🔎 On the charts, I’ve identified a range on the 15-minute timeframe that will be guiding my trading decisions today.
📌 Key takeaway:
✅Gold is rangebound as traders weigh uncertainty
✅Safe-haven demand supports, but overbought signals urge caution
✅Watching the 15-minute structure closely for setups today
We’ll dive deeper into this during our upcoming livestream... see you soon!
Trade smart. Trade consciously
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Trade smart. Trade consciously
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.