EURUSD | GBPUSD | Gold | Nasdaq
Market Outlook for the Coming Week
Global markets closed the week in a cautiously balanced tone. The US dollar is stabilizing after recent volatility, equities are attempting to rebuild upside momentum, while gold continues to trade near elevated levels within its broader bullish structure.
Investor sentiment remains sensitive to US yields, inflation expectations, and central bank guidance. The coming week could bring directional clarity across currencies, commodities, and equities.
EURUSD Weekly Outlook
Market Overview
EURUSD remains within a broader medium-term recovery trend on the weekly timeframe, holding above major structural support near 1.16–1.17. However, upside momentum has slowed after recent rejection near the 1.19–1.20 resistance zone.
The daily chart shows corrective pressure developing, while H4 confirms short-term consolidation around 1.1780. Momentum is currently neutral-to-slightly bearish in the short term but constructive in the broader context.
Key Factors to Watch This Week
- US inflation data and rate expectations
- ECB communication and forward guidance
- Movement in US Treasury yields
- Dollar index reaction near resistance
Trading Scenarios
Bullish Scenario:
If EURUSD holds above 1.1750, upside continuation may target:
- 1.1880
- 1.2000
Bearish Scenario:
A break below 1.1700 could expose:
- 1.1600
- 1.1500
Strategic Consideration
Buying pullbacks remains preferable while above 1.1700. However, stronger confirmation would require a sustained move back above 1.19.
GBPUSD Weekly Outlook
Market Overview
The weekly structure for GBPUSD remains broadly bullish, but the pair is undergoing a corrective pullback after failing to sustain gains near 1.38.
Daily momentum has weakened, and the H4 timeframe shows lower highs forming around 1.36. Short-term pressure remains visible, though the broader structure is not yet invalidated.
Key Factors to Watch This Week
- UK inflation data
- Bank of England commentary
- Dollar strength dynamics
- Overall market risk appetite
Trading Scenarios
Bullish Scenario:
Holding above 1.3400–1.3450 could trigger recovery toward:
- 1.3600
- 1.3750
Bearish Scenario:
A break below 1.3400 may open downside toward:
- 1.3250
- 1.3100
Strategic Consideration
Sterling remains volatile. Momentum-based setups may offer better opportunities than range trading during the coming sessions.
Gold (XAUUSD) Weekly Outlook
Market Overview
Gold remains firmly positioned within a strong long-term uptrend. The weekly structure continues to show higher highs and higher lows.
On the daily timeframe, price is consolidating just below recent highs in the 5,100–5,150 region. Momentum remains elevated, though short-term consolidation suggests temporary cooling before the next directional move.
Key Factors to Watch This Week
- US real yields
- US dollar strength
- Geopolitical developments
- Risk sentiment shifts
Trading Scenarios
Bullish Scenario:
A sustained move above 5,120 may extend gains toward:
- 5,200
- 5,300
Bearish Scenario:
A break below 5,000 could trigger a correction toward:
- 4,900
- 4,750
Strategic Consideration
The dominant trend remains bullish. Controlled pullbacks may offer higher-probability entries compared to chasing extended breakouts.
Nasdaq (US100) Weekly Outlook
Market Overview
The Nasdaq is attempting to stabilize following prior volatility. The weekly structure remains broadly bullish, while the daily timeframe shows recovery above the 25,000 regions.
H4 confirms the formation of a short-term upward structure, though momentum remains sensitive to interest rate expectations.
Key Factors to Watch This Week
- US Treasury yield movement
- Technology sector flows
- Major US macroeconomic releases
- Risk-on / risk-off sentiment
Trading Scenarios
Bullish Scenario:
Holding above 25,000 could allow continuation toward:
- 25,800
- 26,500
Bearish Scenario:
A break below 24,800 may expose:
- 24,200
- 23,500
Strategic Consideration
Equities remain highly sensitive to bond yields. Monitoring the US 10-year yield will be essential before committing to swing positions.
Cross-Market Themes for the Week
- Dollar direction will likely dictate EUR and GBP performance.
- Rising yields could pressure both gold and equities.
- Stable risk appetite supports Nasdaq upside and limits dollar strength.
- Volatility may increase around key US data releases.
