May fourth, two thousand twenty-five (250428-250504)
Update the positioning on a batch of major assets. There are two days left in the holiday, so make the most of it and get ready for the new war coming our way.
1）Bitco，It has returned to the level where we confirm an upside move, the core position has an unrealized profit, and we will add a trading position after confirmation.
2) the trading range for EURUSD, For now, our expectation is that a test of the lower bound followed by a return to the uptrend is more likely., re-enter after a confirmed breakout above the upper bound, Next week, the rate decisions by FOMC and BOE are on the 7th and 8th, respectively.。
We are the most steadfast medium- to long-term dollar bears online (see Notes250430 Revisit that huge rectangle from 20 years ago that lasted 4700 days），However, everyone should remember another name for a consensus trade: a painful trade overnight.（https://mp.weixin.qq.com/s/QIJra7jhR-SP1EMlbgj7xg）
3) data week, US10Y and USDJPY are returning to their traditional pattern of moving together
4) USDJPY’s trading range; JPY is moving more sensitively than EUR, Re-enter after a confirmed break below the lower bound
5) SPX and USDX; for now, a renewed confirmation of USDX’s downside move appears likely to trigger a decisive decline in SPX, ending the tech-driven resurgence during earnings season. See also Notes250430 Revisit that huge rectangle from 25 years ago that lasted 4700 days
Those following in depth know that we have already opened positions and are waiting for the market’s reaction; FOMC will be the critical moment.
In-depth trading:https://www.meridianresearch.app/home?product=vega-trading
We will share some of our trades there.
6) Gold, Above 3438 is the top range, above 3300 is the long-position safe zone (neutral range), and 3200 is the first pain point.
7) Oil
We opened positions last weekend (see WeeklyWrap0427), and are waiting for confirmation to add to the short position.
The weekend is over. Wishing everyone reading this a happy life and all the best for the new week!
If you made it this far, give us a like so we know!
Note: All content in this article is for informational purposes only and does not constitute investment advice or serve as a basis for any laws, regulations, or regulatory policies. Investors should not use or rely on this information as a basis for decision-making.