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

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

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

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

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