[CRT]Weekly outlook -> EURUSD & GBPUSD (week of January 12)

After a bearish week and to everyone’s surprise considering it was NFP week, leaving one of the targets uncompleted (specifically the two-week timeframe one), and in order not to lose track of last week’s CRT analysis, we already have direction for the start of this week:

Biweekly timeframe chart for EURUSD
Here we have two targets for Monday or Tuesday:

1. []The low of Friday, January 9 of this year
   []The low of Thursday, December 9, 2025
   

But before going into more intraday trading details, let’s analyze higher timeframes from a broader perspective:

Yearly timeframe chart for EURUSD
As we already concluded last week when analyzing the yearly close , our target is the wick of the 2025 high, but that does not mean price will head there in a straight line right at the start of the year.
Let’s now move down to the semiannual chart. This time we will look at euro futures 6E1! because the semiannual close is very close to the high of the first six months of 2025, and the picture may change depending on whether the second semester actually closes inside or not for our analysis:

Semiannual timeframe chart for EURUSD futures 6E1!
And indeed, it closes inside the range, so we have a first possible reversal point at the low of the second semester of the year, which happens to be August 1, 2025:

Daily timeframe chart for EURUSD futures 6E1!
We all agree that this target is still very far away , but it never hurts to keep it in mind to see whether it aligns with lower timeframe targets.
Let’s remember that last week we were considering the possibility of a monthly failure swing, speculating that price was already ready to move lower without the need to take December’s high, and it seems we were right, so we also mark December’s low as a target:

Daily timeframe chart of EURUSD
If we take a look at DXY, we also confirm targets and direction for the upcoming week:

Monthly chart of DXY
Let’s now bring things down to what we can expect for this week, which I expect to be another bearish one:
For me to confidently enter short positions, I would expect price to take the high left by NFP, because that is where the most important movements occurred and it also coincides exactly with Friday’s PO3 zone:

4h timeframe chart of EURUSD
Why those highs and not the high of the next 4h candle?
Because even though the trend is bearish and bullish ranges usually do not complete, those highs are where the “most relevant” movement took place (even though it was a rather weak NFP), and that is where price is more likely to be attracted.
Before finishing, let’s take a quick look at the British pound:

Weekly timeframe chart of the GBPUSD
The pound last week activated a bearish weekly range from which the internal target has already been taken, but the external one is still pending, which—if we are not wrong on EURUSD—GBPUSD should also complete.
So my sell zone is more or less the same as for EURUSD, but with a small nuance:

4h timeframe chart of the GBPUSD
GBPUSD, by liquidating the high generated by NFP, is also liquidating Friday’s high, so if price reaches this zone, there will be more confluences for bearish continuation than on its European cousin $FX:EURUSD.
And that’s it for my weekly projection for this week. I hope it was useful and, above all, don’t forget to like the post and follow me if you want to support this type of content!
Have a great start to the week everyone and many profits!