Significant month for US stock markets and currencies [Video]

Andrew Pancholi Market Timing Report

This month sees important time cycles across a range of instruments suggesting that we are at a major pivot point.

In this video we look at the significant turning point coming out very shortly on the S&P 500 that will also impact the other US indices.

We also highlight a major turn on the Dollar Index and EUR. The timing windows are given and we explain how we have derived these.

Furthermore, our timing system is also putting us on alert to be prepared for a move. All of this is fully explained within this video. This is fully explained in the video from 38 minutes onwards.

Commitment of Traders data is starting to show the beginnings of the directional move on the EUR as can be seen from this chart below.

We also provide long-term roadmap for the stock market into the end of the decade. You will also learn what geopolitical threats we could potentially face and how you can be prepared for them.

Today France sees a major win in France for Le Pen’s National Party – this is a significant anniversary date in history. We explain this 90 year geopolitical cycle in this video.

Author

Andrew Pancholi

Market Timing Report

Andrew Pancholi is a world-renowned trading expert specializing in market timing.

EUR/USD onsolidates around mid-1.1800s as traders keenly await FOMC Minutes

The EUR/USD pair struggles to capitalize on the previous day's goodish rebound from the 1.1800 neighborhood, or a one-and-a-half-week low, and consolidates in a narrow band during the Asian session on Wednesday. Spot prices currently trade just below mid-1.1800s, nearly unchanged for the day.

GBP/USD seems vulnerable near mid-1.3500s; UK CPI/FOMC Minutes awaited

The GBP/USD pair struggles to capitalize on the previous day's late rebound from an over one-week low – levels below the 1.3500 psychological mark – and trades with a negative bias for the third consecutive day on Wednesday. The downside, however, remains cushioned as investors seem reluctant to place aggressive directional bets ahead of the release of the latest UK consumer inflation figures and FOMC Minutes.

Gold regains positive traction after Tuesday's over 2% slump as traders await FOMC Minutes

Gold gains some positive traction during the Asian session on Wednesday and recovers a part of the previous day's heavy losses more than 2%, to the $4,843-4,842 region or a nearly two-week low. The intraday move higher could be attributed to repositioning trade ahead of the release of the FOMC Minutes.

Top Crypto Gainers: Jito drops, Morpho holds steady, Convex Finance climbs

Decentralized Finance tokens, including Jito, Morpho, and Convex Finance, rank among the top-performing crypto assets over the last 24 hours. Jito dips on Wednesday after rallying 22% the previous day on the launch of a new mainnet node.

UK jobs market weakens, bolstering rate cut hopes

In the UK, the latest jobs report made for difficult reading. Nonetheless, this represents yet another reminder for the Bank of England that they need to act swiftly given the collapse in inflation expected over the coming months.

Ripple slides to $1.45 as downside risks surge

Ripple edges lower at the time of writing on Tuesday, from the daily open of $1.48, as headwinds persist across the crypto market. A short-term support is emerging at $1.45, but a buildup of bearish positions could further weaken the derivatives market and prolong the correction.