EURJPY Daily Trade SetupThe EURJPY chart presents a constructive multi-timeframe bullish setup, supported by a constructive weekly Elliott Wave thesis on the higher timeframe. The weekly chart on the right shows price trending firmly higher within a rising channel, with the broader structure maintaining a clean sequence of higher highs and higher lows. From an Elliott Wave perspective, the advance appears to remain impulsive rather than exhausted, with the current consolidation likely representing a corrective pause within the broader bullish sequence. As long as price continues to hold above weekly channel support and the prior higher-low structure, the thesis remains that EURJPY is preparing for another upside leg toward the next Fibonacci extension zones.
On the H4 execution chart on the left, EURJPY is building a clear base above ascending trendline support after reclaiming the lower range. The recent consolidation appears to be forming a continuation structure, with price compressing beneath nearby resistance while maintaining a sequence of higher lows. This fits well with the weekly Elliott Wave view, as the H4 price action looks like a smaller corrective structure developing inside the larger bullish wave count. A short-term pullback or liquidity sweep into the rising support zone could therefore provide the next execution opportunity before continuation higher. The orange projection path suggests a potential dip, reclaim, and expansion phase, targeting the upper Fibonacci and channel resistance levels above.
The key bullish invalidation sits below the H4 ascending support and the recent major swing low. As long as EURJPY continues to hold that rising support structure, the broader thesis remains focused on upside continuation in line with the constructive weekly Elliott Wave count. A sustained break below the H4 higher-low base would weaken the execution setup and suggest a deeper retracement is underway, while a higher-timeframe break below weekly channel support would be required to challenge the broader bullish Elliott Wave thesis. USTEC Trading The Complex Correction CycleNASDAQ — Multi-Timeframe Overview
The H4 execution chart (left) shows a harmonic-driven decline resolving into a completing 5-wave Elliott impulse lower. Price rolled over from descending channel resistance and is unfolding in a clean five-wave sequence, with the measured Fib legs (blue boxes) stacking into progressively deeper targets. The harmonic symmetry of the swings—each leg respecting proportional Fib-measured moves—is guiding price toward the broader equality objective near the 28K zone. Critically, this final wave-5 extension is projected to sweep liquidity beneath the prior major swing low, a classic stop-run that often marks the exhaustion point of a corrective sequence. With momentum rolling over in confluence, the setup points toward downside exhaustion and a bullish reversal reaction once that terminal target is tagged and sub-swing-low liquidity is taken.
The higher-timeframe chart (right) remains constructively bullish, riding its rising channel with higher highs and higher lows intact near the upper Fib band. The H4 flush into 28K reads as a corrective liquidity sweep within the larger uptrend, not a structural break. As long as HTF channel support and the prior higher-low framework hold, the dominant bias stays up—reinforcing the case that the wave-5 sweep is a buy-the-dip liquidity event rather than the beginning of a trend reversal.
The Nasdaq is potentially completing a harmonic five-wave decline into the 28K equality objective, engineered to sweep liquidity below the prior major swing low, then align back with the bullish higher-timeframe trend. The highest-probability path is liquidity grab → downside exhaustion → bullish reversal, with invalidation only triggered on a sustained HTF break of channel support should the sweep fail to reclaim. 
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DXY Bullish Consolidation Before Targeting 102.50 TestDXY, with price continuing to respect a broader rising channel structure. After a strong advance into the recent swing high, the index has been consolidating in a controlled pullback rather than showing impulsive bearish continuation. This type of sideways-to-down digestion often suggests accumulation, especially while price remains above key higher-timeframe support and within the lower half of the ascending channel.
The current structure shows DXY coiling near channel support, with multiple short-term moving averages beginning to flatten and compress. This indicates that downside momentum may be fading. A breakout above the nearby descending resistance line and recent consolidation highs would provide confirmation that buyers are regaining control. From there, the projected path suggests a potential continuation toward the upper channel region, with intermediate resistance levels acting as logical profit-taking zones along the way. Momentum studies also appear to be resetting from overheated conditions, giving the long trade more room to develop if bullish momentum returns. Volume has been relatively mixed during the pullback, supporting the idea that selling pressure is not yet dominant.
Overall, the price action favours a bullish continuation scenario, where DXY holds structural support, breaks the corrective trendline, and resumes its broader uptrend. A failure below the channel support would weaken the setup, but as long as that area holds, the chart presents a constructive bullish scenario! 
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