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🌐 Market Outlook#price-action#outlook#weekly#candlestick
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Wolf Alpha

Trader ·

Price Action Weekly Outlook: Key Patterns Forming Across Major Pairs

Weekly price action pattern review — what the charts are telling us: **EUR/USD (Daily):** Morning star forming at 1.0790 support. If today closes as a strong bullish candle, the pattern is confirmed. Bullish bias next week toward 1.0880. **GBP/USD (Daily):** Inside bar forming at the 1.2660 level. Watch next week: break above 1.2710 = long continuation; break below 1.2620 = short acceleration. **USD/JPY (Weekly):** Weekly doji at 155.00 — indecision at a major level. Wait for next week's weekly candle for resolution. **Gold (4H):** Bearish engulfing at $2,400. Short-term correction likely to $2,340–$2,360 before potential new ATH attempt. **AUD/USD (Daily):** Double bottom forming at 0.6480 with 3-week gap between the two touches. A close above 0.6540 confirms the double bottom and projects to 0.6600. What price action patterns are you monitoring this week?
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