May fourth, twenty twenty-five (250428-250504)
Update the positioning of a batch of major assets. There are still two days of holiday, so make the most of the time to enjoy yourselves and get ready for the new war that is about to come.
1）Bitco，has returned to our decision point for confirming the upside, the core position has an unrealized profit; we will add a trading position after confirmation
2) EURUSD’s trading range, At present, we expect it is more likely to touch the lower boundary first and then resume moving higher, re-enter after a confirmed breakout above the upper boundary, Next week, the rate decisions of 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 that lasted 4700 days 20 years ago），But remember another name for a consensus trade: it can become a painful trade overnight.（https://mp.weixin.qq.com/s/QIJra7jhR-SP1EMlbgj7xg）
3) data week, US10Y and USDJPY are returning to their conventional co-movement logic
4) USDJPY’s trading range; JPY is moving more sensitively than EUR, Re-enter after confirming a break below the lower boundary
5) SPX and USDX; for now, a renewed confirmation of USDX’s downside would trigger a decisive decline in SPX, ending the earnings-season, tech-driven rebound; see also Notes250430 Revisit that huge rectangle that lasted 4700 days 25 years ago
Those following the in-depth analysis know that we have already opened positions and are waiting for the market’s reaction; FOMC will be the key moment
In-depth trading:https://www.meridianresearch.app/home?product=vega-trading
We’ll share some of our trades there.
6) Gold, 3438 and above is the top range, 3300 and above is the longs’ 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 pleasant time and all the best for the new week!
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Note: All content in this article is for reference only, does not constitute investment advice, and is not a basis for any laws, regulations, or regulatory policies. Investors should not use or rely on this information as a basis for decision-making.