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

  • #2,321
  • Mar 8, 2026 3:08pm Mar 8, 2026 3:08pm
XAUUSD Weekly Technical Outlook

Last week, the XAUUSD market operation on the weekly time frame issued a bearish candlestick after a retest of the 78.6 fib retracement of the relatively long bearish pinbar printed six weeks ago. Last week’s bearish candlestick drove to the 38.2 fib area before a bullish push back to the 50-fib area. The larger technical outlook is bullish.

Attached Image (click to enlarge)
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The XAUUSD price action on the daily time frame is retesting the 5171.82 intra-day horizontal. The area is proximal to the 50-fib retracement of the intra-day bearish swing traceable to January 29, 2026. Although the larger technical outlook is bullish, we cannot rule out a brief southward correction of price action in the early part of this week.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDDaily.png Size: 42 KB


The XAUUSD price action on the H4 time frame is retesting the 5171.82 intra-day horizontal. The area is proximal to the 50-fib retracement of the intra-day bearish swing traceable to January 29, 2026. The larger technical outlook is bullish, we cannot rule out a brief southward correction of price action in the early part of this week. Technically, an intra-day rising wedge (magenta) of XAUUD price action is in play.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDH4.png Size: 50 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,322
  • Mar 8, 2026 3:15pm Mar 8, 2026 3:15pm
USDJPY Weekly Technical Outlook

The USDJPY market operation on the weekly time frame is in bullish mode. Last week, the market operation printed a bullish continuation candlestick which closed above the high of the relatively big bearish candlestick printed four weeks ago. However, presently, the market operation is tackling the 157.750 horizontal resistance area. Nevertheless, we cannot rule out further northward market operation in the early part of this week.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYWeekly.png Size: 37 KB


The USDJPY price action on the daily time frame is sideways at the 157.750 horizontal resistance. Recent technical prints support further bullish price action, but we cannot rule out brief correction of price action.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 32 KB


Although, the price action on the H4 time frame is sideways at the 157.750 intra-day horizontal resistance, recent technical prints support further bullish price action. Besides, an intra-day ascending channel of price action (magenta) is in play.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 43 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,323
  • Mar 8, 2026 3:37pm Mar 8, 2026 3:37pm
EURUSD Weekly Technical Outlook

The EURUSD market operation on the weekly time frame is in bullish mode. Last week the market operation printed a relatively moderate bearish candlestick which broke below the 1.15750 horizontal support before retracing to the 1.16170 area. However, technically, we are still in a ranging EURUSD market.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 41 KB


The EURUSD price action is sideways. Presently, it is tackling the 1.16170/1.15750 horizontal support zone. We can expect further sideways of price action during this week. Technically, a significant bearish breakdown of the zone on a daily closing basis may see price action target the 1.14800 longer-term horizontal support.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 37 KB


The EURUSD price action on the H4 time frame is sideways at the 1.16170 area. Although we cannot rule out a brief northward price action, the 1.16170/1.15750 zone is a technical channel for sideway price action. But a significant bearish breakdown of the zone on a daily closing basis may see price action target the 1.14800 longer-term horizontal support (green).

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 40 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,324
  • Mar 8, 2026 4:00pm Mar 8, 2026 4:00pm
GBPUSD Weekly Technical Outlook

The GBPUSD market operation on the weekly time frame is sideways at the 1.34000 horizontal support area. Last week, a bearish market operation broke below the area, but a bullish pushback led to the printing of a long-tailed doji-like candlestick in the area. The area is proximal to the 78.6 fib retracement of the bearish swing traceable to May 2021. We cannot rule out further southward market operation, which may retest the 1.32020/1.30840 horizontal support zone (green).

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 39 KB


The GBPUSD price action is sideways. Presently, it is retesting the 1.34000 intra-day horizontal resistance, which is proximal to the 78.6 fib retracement of the bearish swing traceable to May 2021. But we may still see a brief northward price action in the early part of this week before further southward price action. Technically, a significant bearish drive may lead to a retest of the 1.32020/1.30840 horizontal support zone (green).

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 36 KB


The GBPUSD price action on the H4 time frame is sideways at the 1.34000 intra-day horizontal resistance, which is proximal to the 78.6 fib retracement of the bearish swing traceable to May 2021. Although we cannot rule out a brief northward price action, a southward mode of price action is in the offing. Technically, a significant southward drive of price action may lead to a retest of the 1.32020/1.30840 horizontal support zone (green).

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 46 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,325
  • Mar 15, 2026 4:12pm Mar 15, 2026 4:12pm
Market Volatility and Weekly Technical Outlook

The market operation on the pairs I follow or trade has been erratic recently and technicals are not being respeced. Therefore, I will step aside for a while because I'm primarily a medium-term technical analyst and swing trader. I hope to resume posting the weekly technical outlook on GBPUSD, EURUSD, USDJPY, and XAUUSD next week.

Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,326
  • Mar 22, 2026 2:33pm Mar 22, 2026 2:33pm
XAUUSD Weekly Technical Outlook

The XAUUSD market operation on the weekly time frame is bearish. Last week, the market operation printed a relatively big bearish candlestick that broke down the 4547.07 horizontal support area. That area is the upper part of a horizontal channel of operation, 4547.07/4340.12 (red), that now serves as a horizontal support zone. Thus, we may still see further bearish market operation within the zone.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDWeekly.png Size: 37 KB


The XAUUSD price action on the daily time frame is bearish. On Friday, the price action printed a bearish continuation candlestick that broke down the 4547.07 immediate horizontal support. The area is the upper part of a horizontal channel of operation, 4547.07/4340.12 (red), that now serves as a horizontal support zone. Thus, we may still see further bearish market operation within the zone.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDDaily.png Size: 42 KB


Although the XAUUSD price action on the H4 time frame is presently sideways at the 4489.12 intra-day horizontal support, the technical impulse and the liquidity environment support further southward liquidity drive.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDH4.png Size: 52 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,327
  • Mar 22, 2026 2:42pm Mar 22, 2026 2:42pm
USDJPY Weekly Technical Outlook

Last week, the USDJPY market operation on the weekly time frame went sideways at the 160.150 horizontal resistance area (red) after the bullish retest of the area two weeks ago. Last week’s technical print was a long-tailed doji-like candlestick with a bearish tinge. This indicates that bears are challenging a bullish breach of the area. Nevertheless, the ‘W’ shape technical pattern being formed since July 2024 favours further northward market operation.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYWeekly.png Size: 38 KB


The USDJPY price action on the daily time frame is consolidating. On Thursday, the price action printed a bearish candlestick that rejected the 160.150 horizontal resistance (red) but on Friday the price action printed a bullish candlestick that threatened the high of Thursday’s bearish print. As a big ‘W’ shape pattern is emerging on the weekly time frame, we may still see further northward price action, perhaps to target an intra-day area of value beyond the 160.150 horizontal resistance (red).

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 33 KB


The USDJPY price action on the H4 time frame went sideways at the 159.170 intra-day horizontal resistance. Recent technical impulse and liquidity environment favour further northward price action, perhaps for liquidity engineering to an intra-day area of value beyond the 160.150 horizontal resistance (red).

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 33 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,328
  • Mar 22, 2026 2:54pm Mar 22, 2026 2:54pm
EURUSD Weekly Technical Outlook

The EURUSD market operation on the weekly time frame is consolidating. Last week, the market operation printed a bullish candlestick which retested the 1.15750 horizontal value area after its bearish breakdown two weeks ago.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 41 KB


The EURUSD price action on the daily time frame is sideways at the 1.15750 horizontal resistance. Recent technical prints favour further southward price action, at least on a short-term basis.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 44 KB


The EURUSD price action on the H4 time frame is retesting the 1.15750 intra-day horizontal resistance. Nevertheless, we may still see further southward price action, at least on a short-term basis.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 40 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,329
  • Edited 3:23pm Mar 22, 2026 3:06pm | Edited 3:23pm
GBPUSD Weekly Technical Outlook

The GBPUSD market operation on the weekly time frame is sideways. Last week, the market operation printed a bullish candlestick which retested the 1.33330 horizontal area that was broken down by the bearish market operation of the previous week.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 41 KB


The GBPUSD price action on the daily time frame is consolidating. On Thursday, the price action retested the 1.34335 intra-day horizontal resistance but on Friday there was a bearish breakdown of the area. The area is aligned with the 78.6 fib retracement area of the bearish swing traceable to May 2021. Technically, we may still see further bearish price action, at least on a short-term basis.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 38 KB


The GBPUSD price action on the H4 time frame is sideways at the 1.33330 intra-day horizontal resistance. Recent technical prints favour further southward price action.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 35 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,330
  • Mar 29, 2026 2:28pm Mar 29, 2026 2:28pm
XAUUSD Weekly Technical Outlook

The XAUUSD market operation on the weekly time frame is bearish. However, last week, the market operation printed a long-tailed indecision candlestick, which closed at the 4494.12 horizontal support after the area was broken down.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDWeekly.png Size: 39 KB


The XAUUSD price action on the daily time frame turned sideways at the 4494.12 horizontal support after a bearish retest. However, the preceding technical impulse and recent technical prints favour further southward price action.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDDaily.png Size: 39 KB


The XAUUSD price action on the H4 time frame turned sideways at the 4494.12 intra-day area of value after a bullish retest. The area was initially broken down on March 23. But a few bullish corrections and bearish operations followed before last Friday’s bullish retest of the area. Nevertheless, the bigger technical picture and the liquidity environment favour bears more than bulls.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDH4.png Size: 34 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,331
  • Mar 29, 2026 2:41pm Mar 29, 2026 2:41pm
USDJPY Weekly Technical Outlook

The USDJPY market operation on the weekly time frame is in bullish mode. Last week, the market operation issued a bullish candlestick to retest the 160.150 horizontal resistance area. The technical structure favours further northward market operation.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYWeekly.png Size: 36 KB


The USDJPY price action on the daily time frame is bullish. Presently, the price action is retesting the 160.150 horizontal resistance. Nevertheless, the bigger technical structure and technical pattern favour further northward market engineering.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 40 KB



Although the USDJPY price action on the H4 time frame is sideways at the 160.150 horizontal resistance, the bigger technical structure favours further northward price action.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 31 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,332
  • Mar 29, 2026 2:56pm Mar 29, 2026 2:56pm
EURUSD Weekly Technical Outlook

The EURUSD market operation on the weekly time frame is consolidating. Two weeks ago, the market operation made a bullish retest of the 1.15750 area but last week the market operation issued a bearish breakdown of the area.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 42 KB


The EURUSD price action on the daily time frame is in bearish mode. Presently, the price action is tackling the 1.15060 intra-day horizontal support. Recent technical prints support further bearish price action, which may target an intra-day area of value.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 37 KB


The EURUSD price action on the H4 time frame is sideways at the 1.15060 intra-day horizontal support. Also, a rising channel of consolidation (magenta) is still intact. Nevertheless, we cannot rule out an intra-day breakdown of the channel before any bullish pullback.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 42 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,333
  • Mar 29, 2026 3:05pm Mar 29, 2026 3:05pm
GBPUSD Weekly Technical Outlook

The GBPUSD market operation on the weekly time frame is consolidating below the 78.6 fib retracement area of the bearish swing traceable to May 2021. This is the third week of consolidation in the area.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 43 KB


The GBPUSD price action on the daily time frame has made a bearish retest of the 1.32578 intra-day horizontal support. Recent technical prints favour further southward price action, which may target an intra-day area of value.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 41 KB


The GBPUSD price action on the H4 time frame has made a bearish retest of the 1.32578 intra-day horizontal support. The technical prints favour further southward liquidity engineering.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 38 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,334
  • Apr 5, 2026 1:52pm Apr 5, 2026 1:52pm
XAUUSD Weekly Technical Outlook

In March, the XAUUSD market operation on the monthly time frame issued a relatively big bearish candlestick with a prominently long tail. Technically the XAUUSD market is ambivalent.

Attached Image (click to enlarge)
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Last week, the XAUUSD market operation on the weekly time frame printed a bullish candlestick that broke above the 4547.07 area, the area had been broken down by bearish market operation three weeks ago. Technically, the XAUUSD market is ambivalent, and we may still see further bearish challenge.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDWeekly.png Size: 39 KB


The XAUUSD price action on the daily time frame went sideways on Friday at the 4676.18 area. Bulls had broken above the area on Thursday, but bears pulled back to retest it on Friday. As the technical impulse favours bears more than bulls, we may see further southward price action in the early part of this week.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDDaily.png Size: 40 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,335
  • Apr 5, 2026 2:02pm Apr 5, 2026 2:02pm
USDJPY Weekly Technical Outlook

The USDJPY market operation printed a bullish candlestick in March. The candlestick printed in March retested the 160.150 horizontal resistance area before retracing.

Attached Image (click to enlarge)
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The USDJPY market operation is sideways below the 160.150 horizontal resistance area. There was a bullish retest two weeks ago but last week, the market operation printed a bearish rejection of the area. But recent technical prints favour further northward market operation, at least on a short-term basis.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYWeekly.png Size: 36 KB


The USDJPY price action on the daily time frame went sideways at the 159.620 intra-day horizontal resistance after a bullish retest. Technically, we may still see further northward price action in the early part of this week.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 32 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,336
  • Apr 5, 2026 2:18pm Apr 5, 2026 2:18pm
EURUSD Weekly Technical Outlook

The EURUSD market operation on the monthly time frame went bearish in March after rejecting the 78.6 fib retracement of the bearish swing traceable to May 2021. Nevertheless, the bearish candlestick printed in March has a relatively moderate tail. This indicates that bulls are still active in the market.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDMonthly.png Size: 44 KB


Last week, the EURUSD market operation on the weekly time frame went sideways at the 1.15130 horizontal support area.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 40 KB


The EURUSD price action on the daily time frame is tackling the 1.15130 horizontal support. Although the technical structure is bearish, the technical impulse is ambivalent. Nevertheless, we may still see further southward price action in the early part of this week.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 36 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,337
  • Apr 5, 2026 2:30pm Apr 5, 2026 2:30pm
GBPUSD Weekly Technical Outlook

The GBPUSD market operation on the monthly time frame printed a bearish candlestick in March. This was a follow-up to the bearish rejection, in February, of the 78.6 fib retracement of the bearish swing traceable to May 2021. Thus, the technical structure of GBPUSD is bearish.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 40 KB


The GBPUSD market operation on the weekly time frame is bearish. Last week, the market operation issued a bearish candlestick that broke down an area of consolidation that had been in place for three weeks as well as the 1.32020 horizontal support area. However, the technical print of last week shows that bulls are resisting the bearish influence.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 39 KB


The GBPUSD price action on the daily time frame is tackling the 1.31850 intra-day horizontal support. Although the technical structure is bearish, the technical impulse is ambivalent. Technically, we may see bullish challenge to any bearish drive in the early part of this week.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 36 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,338
  • Apr 12, 2026 2:05pm Apr 12, 2026 2:05pm
XAUUSD Weekly Technical Outlook

The XAUUSD market operation on the weekly time frame is in bullish mode. However, the bigger technical outlook is sideways. Although the last two weeks have seen significant bullish market operation, the bearish drive created four weeks ago is still technically consequential.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDWeekly.png Size: 40 KB


The XAUUSD price action on the daily time frame is sideways at the 4749.30 intra-day horizontal resistance. The immediate technical impulse is bullish, and we may still see further northward price action in the early part of this week. But, as the bigger technical structure is sideways, we may soon see a southward turnaround.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDDaily.png Size: 38 KB


The XAUUSD price action on the H4 time frame is sideways at the 4749.30 intra-day horizontal resistance. But we cannot rule out further northward price action before a southward rotation. The bigger technical structure is sideways.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLDH4.png Size: 35 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,339
  • Apr 12, 2026 2:19pm Apr 12, 2026 2:19pm
USDJPY Weekly Technical Outlook

The USDJPY market operation on the weekly time frame is tackling the 160.150 long-term horizontal resistance area (red). Presently, the market operation is sideways just a few pips below the 160.150 area.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYWeekly.png Size: 37 KB


On Friday, the USDJPY price action on the daily time frame retested the 159.240 intra-day horizontal resistance. Recent technical prints show that the price action is tackling the 160.150 long-term horizontal resistance area (red). And we may see further bullish price action to target the 160.150 area during the week.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 32 KB


Although the USDJPY price action on the H4 time frame is sideways at the 159.240 intra-day horizontal resistance, recent technical prints favour northward liquidity engineering to such area of value as the 160.150 long-term horizontal resistance (red).

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 34 KB


I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #2,340
  • Apr 12, 2026 2:46pm Apr 12, 2026 2:46pm
EURUSD Weekly Technical Outlook

The EURUSD market operation on the weekly time frame is in bullish mode. The market operation has been sideways for four weeks before the relatively moderate bullish candlestick print of last week. Presently, the market operation is retesting 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: 40 KB



The EURUSD price action on the daily time frame is in bullish mode. Technically, the price action is tackling the 78.6 fib retracement area of the bearish swing traceable to May 2021. But we may still see further northward price action in the early part of this week before a bearish turnaround.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 36 KB



The EURUSD price action on the H4 time frame turned sideways after a bullish move to the 1.17255 intra-day horizontal resistance. We may still see further northward price action in the early part of this week.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 40 KB



I may be wrong. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
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