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 1.14189

  • Why: We retraced deep into the previous week range, so make me bullish

  • Watch: Waiting for Confirmation

2. GBP/USD → 🔵 Neutral 🟢 Bullish Week

  • Key Level: Last Week High and Low 1.35934 | 1.34156

  • Why: Price action is less clear than EUR/USD, I think need to wait for price to go below the low if I am bullish market.

  • Watch: Waiting for Confirmation

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

  • Key Level: Bullish Target 3,365

  • Why: Last week we didn’t broke high or low of previous week, need to wait

  • Watch: Waiting for Confirmation

4. US500 (S&P 500) 🟢 Bullish Week

  • Key Level: Bullish Target 5,996

  • Why: We close bullish and if you join last week and the prior you get quite bulllish price action so Bullish

  • Catalyst: waiting for more info

5. USD/JPY → 🔵 Neutral

  • Key Level: Last Week High and Low 146.28 | 142.11

  • Why: We went up, but close in the middle need to wait for more price action, no clear direction

  • Watch: Waiting for Confirmation

⚠️ Key Risk Events This Week

Mon

Japanese CPI (May)

Low – Risk Sentiment

Tue

UK CPI (May)

High – GBP Pulse

Wed

US PPI (May)

Medium – Inflation 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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