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USDJPY currently reads constructive bearish, with regime and model leadership broadly aligned. Main risk: The edge looks narrow and parameter-sensitive.

SP500 currently reads bullish, with regime and model leadership broadly aligned.

DAX currently reads mixed, with regime and model leadership broadly aligned.

XAUUSD currently reads fragile bullish, with regime and model leadership broadly aligned. Main risk: Market structure looks unstable.

EURUSD currently reads fragile bullish, with regime and model leadership broadly aligned.