Treasury demand picked up after the Fed’s latest cut, leaving the dollar on the back foot as risk sentiment stays firm.
SMH is in a bullish Wave 5, with potential to extend toward 400 despite short-term pullbacks. The broader uptrend may persist into late 2025 or early 2026.
Crude Oil Is Trapped In A Triangle Range, as we see slow price action and sideways wave structure that can take some time by Elliott wave theory before a breakout.
USDCAD Is Back To Bearish Mode, as we see it turning strongly down from the resistance after a completed complex correction by Elliott wave model.
EURNZD May Have Topped, as we see a completed five-wave impulse within 5th wave from technical point of view and by Elliott wave model.
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