Macro Outlook - 6 October 2025

Macro Outlook Oct 6, 2025

You will come across specific terms in these notes (FLD, VTL, and so on). Rather than explain them each time, you will find definitions here: guidance notes for Hurst cycles terminology.

USD major new cycle and JPY breakout. Gold pushing, but nearing 80D peak. Copper nearing 40D peak. EUR and 10 years failed 80D cycles? SPX e-minis and Nikkei still pushing higher.

Christopher Grafton CMT

Chris has been involved in the markets for 20 years. He is the author of Mastering Hurst Cycle Analysis and is an experienced working technician. Chris holds the CMT qualification.

Recommended for you

Macro Outlook

Macro Outlook - 27 October 2025

US Dollar Up (->80D peak). Gold reacts Up? (80D trough). Oil Up (new 80D cycle). USDJPY small Up? (->80D peak). SPX ES1 (->80D peak) Stall. Nikkei (->20W peak) Down reversal. Bitcoin (-> 40D peak) small Up. 10Y notes (-> 40D trough) small Down. ...

13 hours ago • 3 min read

Macro Outlook

Macro Outlook - 20 October 2025

US Dollar Rest/Up (40D trough). Gold Rest/Up (80D trough). Oil Down/Reverse (80D trough). Copper Down (80D trough). USDJPY Up (40D trough). EURUSD Up/Down (20D peak). S&P500 Up (40D trough). Nikkei Up (20D trough). Bitcoin Up (40D trough). Treasuries Down (40D peak). ...

8 days ago • 3 min read

Macro Outlook

Natural Gas - 15 October 2025

Natural Gas - Approaching a counter-trend 20 day cycle trough. ...

13 days ago • 1 min read

The good stuff straight to your inbox!

Christopher Grafton CMT

Recommended for you

Macro Outlook - 27 October 2025

Macro Outlook - 20 October 2025

Natural Gas - 15 October 2025