AI Live Scan, weekly charts, Thursday, 2 July 2026

The last read of the day on each weekly chart (read once a week).

• EUR/USD

  Downtrend from Q1 2026 peak · last read 07:57 UTC at 1.13837

  The 2025 uptrend from 1.0177 topped near 1.2083 in Q1 2026, and price has been in a multi-month reversion since, now trading below the W1 EMA(50).

• GBP/USD

  Uptrend stalled, corrective pullback · last read 07:58 UTC at 1.31944

  Strong multi-quarter uptrend from 1.2191 in Q1 2025 into the 1.3869 peak in Q1 2026; since then price has gone range-bound and is now working the lower half, holding below both weekly EMAs.

• XAU/USD

  Downtrend after major top · last read 08:16 UTC at 4,058.03

  The multi-quarter uptrend from 2640 topped at 5598 in Q1 and has reverted sharply — the worst quarter in 13 years, tied to hawkish-Fed repricing and heavier real yields.

• XAG/USD

  Downtrend after parabolic peak · last read 08:16 UTC at 58.515

  Silver went parabolic through late 2025, topping near 121 in Q1 2026 before collapsing back into the high 50s — a full rounded-top reversal that has now retraced roughly two-thirds of the 2025 advance.