USDJPY is ranging between 154–158 after a strong rally, showing corrective price action consistent with a fourth-wave retracement. With the broader trend still bullish, a fifth-wave continuation could drive price toward the 160 area in the coming weeks, while any deeper pullbacks may find support around 154–155.
GBPUSD remains in an upward channel after pushing above 1.3525, keeping the broader bullish structure intact. However, the advance may represent a fifth wave from a running triangle, opening the door for a corrective pullback toward 1.3416 or 1.3312 before the uptrend potentially resumes.
A possible wave C move in BTC dominance aligns with a bullish triangle completion on ETHBTC, suggesting a wave 5 rally and early signs of capital rotation into altcoins.
The shift of the U.S. dollar back into a bearish phase could fuel renewed strength across the crypto market, increasing the odds of a broader rally.
AUDNZD remains in a broader bullish structure, but short-term consolidation or a wave 4 correction is likely after the recent strong rally. As long as support holds near 1.1400–1.1300, the pair may resume its advance toward the 1.17–1.18 region.
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