Welcome to this week’s Weekly Bias Report — where we cut through the noise and deliver clear, research-backed directional bias on key markets.

No signals. No hype. Just structure, momentum, and confluence.

Let’s dive in.

🔎 Market Outlook

We’ve got exciting updates, fresh faces, and some serious miles ahead. Whether you’re training for your next race or just getting started, we’ve got something for everyone.

1. EUR/USD → 🟢 Bullish Week

  • Key Level: Bullish Target 1 1.16148 | Target 2 1.16317

  • Why: We retraced but didnt close to bearish so I am bullish

  • Watch: Waiting for Confirmation

2. GBP/USD → 🟢 Bullish Week

  • Key Level: Bearish Target 1.36224

  • Why: Last week we break High but close into the previous week range, waiting for signal to go short

  • Watch: Waiting for Confirmation

3. XAU/USD (Gold) → 🔵 Neutral 🟢 Bullish Week

  • Key Level: Bullish Target 3,446

  • Why: Still Bullish but not clear

  • Watch: Waiting for Confirmation

4. US500 (S&P 500) 🟢 Bullish Week

  • Key Level: Bullish Target 6,052

  • Why: Last Week close bearish

  • Catalyst: waiting for more info

5. USD/JPY → 🔵 Neutral 🟢 Bullish Week

  • Key Level: Bullish Target 146.219

  • Why: We still inside the range,

  • Watch: Waiting for Confirmation

⚠️ Key Risk Events This Week

Mon

Chinese Industrial Production (May)

Low – Risk Sentiment

Tue

US Existing Home Sales (May)

Medium – USD Pulse

Wed

US Durable Goods Orders (May)

Medium – Manufacturing Pulse

Thu

US Jobless Claims

Medium – Labor Pulse

Fri

University of Michigan Consumer Sentiment (Prelim)

Medium – Fed Outlook

🧠 Bias Confidence Score

🔟 Overall Bias Confidence: 7/10

  • EUR/USD: 5/10

  • GBP/USD: 8/10

  • Gold: 8/10

  • US500: 5/10

  • USD/JPY: 8/10

Score based on confluence of technical structure, momentum, and event timing.

Your next Weekly Bias Report will arrive Sunday night (UTC) for the coming week.

Trade with clarity,


Emiliano
Founder, myweeklybias.com
Research > Hype

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