The Macro Brief - 27 October 2026
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.
The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting the US Dollar and Bitcoin.
General outlook: US Dollar Up (80D trough). Bitcoin Up (40D trough).
US Dollar - emerging from 80 day cycle trough zone. Up.

Price is climbing out of a new 80 day cycle trough zone.
Bitcoin – 40 day cycle trough zone. Up.

The 40 day cycle trough zone looks to be forming.