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Attachments: Weekly Top-Down Technical Analyses
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Weekly Top-Down Technical Analyses

  • #2,161
  • Jun 8, 2025 1:53pm Jun 8, 2025 1:53pm
XAUUSD Weekly Technical Outlook

Last week, the XAUUSD market operation on the weekly time frame issued a bearish pinbar to reject the 3366.20 horizontal resistance area. This came about as bulls made a retest of the area earlier in the week following a bearish rejection two weeks ago.

Attached Image (click to enlarge)
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The XAUUSD price action on the daily time frame is disposed bearish. However, price action is presently located at the 3309.73 intra-day horizontal support. Nevertheless, recent technical prints favour southward market engineering.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDDaily.png Size: 13 KB


The XAUUSD price action on the H4 time frame is bearish. Recent technical prints favour further southward drive, at least before a bullish correction.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDH4.png Size: 14 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,162
  • Jun 8, 2025 2:04pm Jun 8, 2025 2:04pm
USDJPY Weekly Technical Outlook

The USDJPY market operation on the weekly time frame is in bullish mode. Last week’s bullish candlestick retested the broken-down rising channel (purple) within which it had been consolidating for several weeks. This present location aligns with the 144.830 horizontal resistance area.

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The USDJPY price action on the daily time frame is in a bullish mode. Presently, it is at the 144.830 area, which aligns with the 38.2 fib-retracement area of the most recent intra-day bearish swing. There is potential for further northward market engineering to retest at least the 146.930 area, which aligns with the 61.8 fib retracement.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 15 KB


The USDJPY price action on the H4 time frame turned sideways at the 144.830 area afer a bullish retest of the area. The area aligns with the 38.2 fib-retracement area of the most recent intra-day bearish swing. The intra-day technical impulse favours further northward market engineering.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 15 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,163
  • Jun 8, 2025 2:15pm Jun 8, 2025 2:15pm
EURUSD Weekly Technical Outlook

The EURUSD market operation on the weekly time frame is sideways within the 1.13040/1.14795 horizontal resistance zone (purple). Three weeks ago, there was a bullish retest of the zone after a bearish breakdown that happened five weeks ago. The last two weeks saw limited directional movement within the zone.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 15 KB


The EURUSD price action on the daily time frame is sideways within the 1.13040/1.14795 horizontal resistance zone (purple). Although the technical structure on the weekly time frame is bearish, I will await a strong directional change on a daily closing basis in the early part of this week.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 13 KB


The EURUSD price action on the H4 time frame went sideways at the 1.13940 intra-day horizontal support. The area aligns with the lower trendline of the rising channel (magenta) within which the price action has been consolidating recently. Recent technical prints favour further southward movement.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 14 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,164
  • Jun 8, 2025 3:10pm Jun 8, 2025 3:10pm
GBPUSD Weekly Technical Outlook

The GBPUSD market operation on the weekly time frame went sideways after a bullish retest of the 1.34154/1.36694 horizontal resistance zone (purple). Presently, market operation is located near the 78.6 fib-retracement zone of the bearish swing traceable to May 2021.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 14 KB


The GBPUSD price action on the daily time frame is sideways within the 1.34154/1.36694 horizontal resistance zone (purple). Although the dominant technical structure is bearish, I will await a strong directional change on a daily closing basis.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 13 KB


The GBPUSD price action on the H4 time frame went sideways at the 1.35194 intra-day horizontal support. The area aligns with the lower trendline of the rising channel (magenta) within which the price action has been consolidating recently. A strong breakdown of the channel may see further southward drive.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 14 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,165
  • Jun 15, 2025 2:46pm Jun 15, 2025 2:46pm
XAUUSD Weekly Technical Outlook

The XAUUSD market operation on the weekly time frame is bullish. Last week, market operation printed a relatively big bullish candlestick that broke above the area of consolidation that has been in place for nine weeks.

Attached Image (click to enlarge)
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The XAUUSD price action on the daily time is bullish. However, the bullish candlestick printed on Friday is located at the 3432.37 horizontal resistance. Technically, we see a bearish challenge in the area. But the liquidity above the area may incentivize northward market engineering before a bearish correction.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDDaily.png Size: 13 KB


Although at present the XAUUSD price action on the H4 time frame is sideways, the technical impulse is bullish. And we may see further northward market engineering.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDH4.png Size: 13 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,166
  • Jun 15, 2025 2:55pm Jun 15, 2025 2:55pm
USDJPY Weekly Technical Outlook

The USDJPY market operation on the weekly time frame is sideways. Two weeks ago, the market operation retested the lower trendline of the rising channel (purple) which was broken down four weeks ago. But there was a feeble bearish challenge to the bullish move last week. Recent candlestick prints are respecting a rising trendline (magenta) below the channel (purple).

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYWeekly.png Size: 15 KB


The USDJPY price action on the daily time frame is sideways at the 144.070 intra-day horizontal resistance. Technically, there is no directional clarity.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 14 KB


The USDJPY price action on the H4 time is sideways. Recent candlestick prints show a market with no directional clarity.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 14 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,167
  • Jun 15, 2025 3:07pm Jun 15, 2025 3:07pm
EURUSD Weekly Technical Outlook

Last week, the EURUSD market operation on the weekly time frame printed a bullish candlestick that retested the 1.15450 horizontal resistance area. However, after the candlestick broke above the area, it closed within it, leaving a prominent upper wick.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 15 KB


The EURUSD price action on the daily time frame went sideways on Friday after a bullish break above the 1.15450 horizontal resistance on Thursday. The prominent tail on the bearish candlestick printed on Friday indicates that bulls are still influential in the market.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 13 KB


The EURUSD price action on the H4 time frame is presently sideways at the 1.15450 horizontal resistance. Recent technical prints favour a northward market engineering.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 12 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,168
  • Edited 5:03pm Jun 15, 2025 3:21pm | Edited 5:03pm
GBPUSD Weekly Technical Outlook

Last week, the GBPUSD market operation on the weekly time frame printed an indecision candlestick at the 1.35670 horizontal resistance area. This represents a decline in bullish momentum.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 14 KB


The GBPUSD price action on the daily time frame went sideways on Friday after a bullish break above the 1.35670 horizontal resistance on Thursday. The prominent tail on the bearish candlestick printed on Friday indicates that bulls are still influential in the market.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 13 KB


The GBPUSD price action on the H4 time frame is presently sideways at the 1.35670 horizontal resistance. Technically, the market lacks directional momentum

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 13 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,169
  • Jun 22, 2025 2:18pm Jun 22, 2025 2:18pm
XAUUSD Weekly Technical Outlook

Last week, the XAUUSD market on the weekly time frame printed a bearish candlestick that retested the 3366.20 horizontal support area. We may see further southward market engineering this week.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDWeekly.png Size: 13 KB


The XAUUSD price action on the daily time frame turned sideways at the 3366.20 horizontal support after a bearish retest. Recent technical prints favour a southward market engineering.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDDaily.png Size: 13 KB


Although the XAUUSD price action is presently sideways, the operating technical impulse favours bears.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDH4.png Size: 13 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,170
  • Jun 22, 2025 2:27pm Jun 22, 2025 2:27pm
USDJPY Weekly Technical Outlook

The USDJPY market operation on the weekly time frame is bullish. Last week, the market operation printed a bullish continuation candlestick after its rejection of an outer rising trend line (magenta). Presently, the market operation is at the 146.050 horizontal resistance area. But we may still see further northward momentum.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYWeekly.png Size: 15 KB


The USDJPY price action on the daily time frame is in bullish mode. Presently, it is tackling the 146.050 horizontal resistance area, but we may see a northward market engineering to an intra-day area of value before a southward correction.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 14 KB


The USDJPY price action on the H4 time frame is in bullish mode. Recent technical prints favour further northward momentum.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 13 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,171
  • Jun 22, 2025 2:36pm Jun 22, 2025 2:36pm
EURUSD Weekly Technical Outlook

Last week, the EURUD market operation on the weekly time frame printed a relatively long doji-like candlestick. The candlestick closed at the 1.1521 horizontal resistance area.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 15 KB


The EURUSD price action on the daily time frame is sideways at the 1.1521 horizontal resistance area. There was a bearish breakdown of the area on Tuesday. But on Friday, a bullish retest of the area was feeble and lacked momentum. Thus, the area remained an intra-day horizontal resistance.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 13 KB


The EURUSD price action on the H4 time frame is sideways at the 1.1521 intra-day horizontal resistance. But the operating technical impulse favours bears more than bulls.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 12 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,172
  • Jun 22, 2025 3:00pm Jun 22, 2025 3:00pm
GBPUSD Weekly Technical Outlook

The GBPUSD market operation on the weekly time frame is in consolidation within the 1.3415/1.3614 horizontal channel (purple). Last week, the market operation printed a bearish candlestick that retested the lower boundary of the channel.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 14 KB


The GBPUSD price action on the daily time frame is sideways at the 78.6 fib-retracement area of the bearish swing traceable to May 2021. There was a bearish drive to the area on Tuesday, but Friday saw the printing of an indecision candlestick in contrast to the relatively small bullish print of Thursday. The technical impulse favours bears more than bulls.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 13 KB


The GBPUSD price action on the H4 time frame is restoring its bearish disposition after a bullish correction. Presently, the price action is tackling the 1.3443 intra-day horizontal support. But the preceding technical impulse favours bears, and we may see further southward momentum in the early part of this week.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 13 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,173
  • Jun 29, 2025 2:25pm Jun 29, 2025 2:25pm
XAUUSD Weekly Technical Outlook

The XAUUSD market operation on the weekly time frame is bearish. But at present it is tackling the 3272.30 horizontal support area.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDWeekly.png Size: 13 KB


The XAUUSD price action on the daily time frame assumed a bearish mode on Friday after an intra-day consolidation. But at present it is tackling the 3272.30 horizontal support area. Nevertheless, recent technical prints favour further southward drive.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDDaily.png Size: 13 KB


Although the XAUUSD price action on the H4 time frame is at present sideways at the 3272.30 horizontal support area, the operating technical impulse favours further southward drive. Nevertheless, we may still see a northward corrective move in the early part of this week before further southward drive.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDH4.png Size: 13 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,174
  • Jun 29, 2025 2:35pm Jun 29, 2025 2:35pm
USDJPY Weekly Technical Outlook

The USDJPY market operation on the weekly time frame is presently consolidating in a rising wedge (magenta). Last week, the market operation printed a bearish candlestick to retest the 144.610 horizontal support area, which was flipped as support two weeks ago.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYWeekly.png Size: 15 KB


The USDJPY price action on the daily time frame is in a bearish mode. Presently, it is sideways at the 144.610 area after a brief bullish challenge. Recent technical prints favour further southward momentum.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 14 KB


The USDJPY price action on the H4 time frame is in a bearish mode. Presently, it is sideways at the 144.610 area. The operating technical impulse favours further southward drive.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 14 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,175
  • Jun 29, 2025 2:45pm Jun 29, 2025 2:45pm
EURUSD Weekly Technical Outlook

The EURUSD market operation on the weekly time frame is bullish. Last week, the market operation printed a relatively big bullish candlestick that retested the 78.6-fib retracement area of the bearish swing traceable to May 2021.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 15 KB


The EURUSD price action on the daily time frame is bullish. However, on Friday, the price action went sideways after retesting the 78.6-fib retracement area of the bearish swing traceable to May 2021. Technically, the bullish momentum is weakening. However, we may still see further northward movement in the early part of this week before a bearish correction.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 13 KB


The EURUSD price action on the H4 time frame went sideways after a bullish retest of the 78.6-fib retracement area of the bearish swing traceable to May 2021. Technically, we may still see further northward movement, but a bearish correction appears to be imminent.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 12 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,176
  • Jun 29, 2025 2:55pm Jun 29, 2025 2:55pm
GBPUSD Weekly Technical Outlook

The GBPUSD market operation on the weekly time frame is bullish. Last week, the market operation printed a relatively big bullish candlestick that retested the 1.37100 horizontal resistance area, an area that was last visited in September 2022. The area is near the 88.6-fib retracement area of the bearish swing traceable to May 2021.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 14 KB


The GBPUSD price action on the daily time frame is bullish. However, on Friday, the price action went sideways after retesting the 1.37100 horizontal resistance area, an area that was last visited in September 2022. 2022. The area is near the 88.6-fib retracement area of the bearish swing traceable to May 2021. Technically, the bullish momentum is weakening. However, we may still see further northward movement in the early part of this week before a bearish correction.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 13 KB


The GBPUSD price action on the H4 time frame is in a bearish corrective mode. The price action had broken above the 1.37100 horizontal resistance area on Thursday, an area that was last visited in September 2022. 2022. But there was a bearish pushback to flip the area as an intra-day horizontal support. The last H4-session on Friday printed a bullish candlestick that restored the area as an intra-day horizontal resistance. Technically, the bullish momentum is weakening, but we may still see further northward movement in the early part of this week before a bearish drive.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 13 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,177
  • Jul 6, 2025 2:52pm Jul 6, 2025 2:52pm
XAUUSD Weekly Technical Outlook

The XAUUSD market operation on the monthly time frame is sideways. In June, there was a bullish drive that broke above the doji-like candlestick printed in May. However, bears pushed back to challenge further northward drive, and the market operation resulted in the printing of an indecision candlestick.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDMonthly.png Size: 12 KB


The XAUUSD market operation on the weekly time frame is sideways. Two weeks ago, the market operation attempted a bearish retest of the 3239.12 horizontal support area. But last week, bulls resisted a breakdown of the area with a moderate bullish pullback. The 3239.12/3366.20 zone (purple) is the operating channel of consolidation.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDWeekly.png Size: 13 KB


The XAUUSD price action on the daily time frame is in consolidation. Presently, price action is at the 3337.10 intra-day horizontal resistance, which is a few pips below the upper boundary of the 3239.12/3366.20 horizontal channel (purple) seen on the weekly time frame. Technically, we may still see further northward market engineering in the early part of this week.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDDaily.png Size: 13 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,178
  • Jul 6, 2025 2:58pm Jul 6, 2025 2:58pm
USDJPY Weekly Technical Outlook

The USDJPY market operation on the monthly time frame went sideways in June after printing a moderate-sized doji-like candlestick just above the 141.910/139.880 horizontal support zone (green). The market operation made a bearish retest of the zone in April, but there was no bearish follow-up in May as bulls resisted further southward drive and pushed back the market operation. Nevertheless, the market operation printed a bearish pinbar in May.
Attached Image (click to enlarge)
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The USDJPY market operation on the weekly time frame is sideways at the 144.320 horizontal support area. This was after bulls made a bullish correction of the bearish drive to the 141.910/139.880 horizontal support zone (green), seen on the monthly time frame.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYWeekly.png Size: 13 KB


The USDJPY price action on the daily time frame is sideways at the 144.320 horizontal support. Recent technical prints support southward market engineering.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 13 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,179
  • Jul 6, 2025 3:08pm Jul 6, 2025 3:08pm
EURUSD Weekly Technical Outlook

The EURUSD market operation on the monthly time frame was bullish in June. The relatively big bullish candlestick printed in June retested the 78.6 fib-retracement area of the bearish swing traceable to May 2021.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDMonthly.png Size: 15 KB


The EURUSD market operation on the weekly time frame is bullish. But the bullish momentum is weakening. Two weeks ago, the market operation printed a relatively big bullish candlestick that retested the 78.6 fib-retracement area of the bearish swing traceable to May 2021. However, last week, the market operation printed a miniature bullish candlestick which closed just 27 pips above the high of the bullish candlestick printed two weeks ago.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 15 KB


The EURUSD price action on the daily time frame is sideways at the 1.17710 area. This area is just a few pips above the 78.6 fib-retracement area of the bearish swing traceable to May 2021. Recent technical prints favour a bearish correction.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 13 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,180
  • Jul 6, 2025 3:25pm Jul 6, 2025 3:25pm
GBPUSD Weekly Technical Outlook

The GBPUSD market operation on the monthly time frame was bullish in June. The moderate-sized bullish candlestick printed in June threatened the 88.6 fib-retracement area of the bearish swing traceable to May 2021.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 14 KB


The GBPUSD market operation on the weekly time frame is sideways within the 78.6/88.6 fib-retracement zone of the bearish swing traceable to May 2021. Two weeks ago, the market operation printed a relatively big bullish candlestick within the zone. However, last week, bears pushed for a southward correction.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 14 KB


The GBPUSD price action on the daily time frame is sideways at the 1.36350 area. This area is about midway of the 78.6/88.6 fib-retracement zone of the bearish swing traceable to May 2021. Recent technical prints favour a southward market engineering.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 13 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
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