For much of the past year, investors became accustomed to a weaker U.S. dollar. That view is now being challenged. The Dollar Index is beginning to show a different character, and the key question is no longer whether the dollar has been weak, but whether that weakness is starting to mature into a broader structural reversal.
U.S. Dollar Index – Monthly ABCD Completion and a Potential Morning Star
nVent Electric is becoming increasingly relevant to one of the most important capital-investment cycles in the market: the buildout of electrical infrastructure required by data centers, AI computing, power grids and industrial electrification. The company supplies electrical protection, power distribution, enclosures, connectivity, cable-management and cooling solutions, including air and liquid cooling for mission-critical environments. Its growing exposure to data centers and power infrastructure places it directly inside the physical buildout behind AI rather than only the software or semiconductor layer.
nVent Electric (NVT) — Daily Price Structure Testing a Potential W Reversal
Avnet is not a headline AI company, but it sits deep inside the infrastructure that makes the digital economy possible. The company distributes semiconductors, electronic components, embedded systems and related technologies across industrial, automotive, communications, aerospace and other markets. In fiscal 2026, Avnet generated approximately $27.6 billion in revenue, up 24.5% year over year, with the large majority of sales coming from its Electronic Components business.
AVNET (AVT) — DAILY PRICE STRUCTURE TESTING A MAJOR HIGH
GBPUSD is approaching an important technical area on the daily chart. The current XABCD structure is developing as a potential harmonic Bat pattern, with point D approaching the 0.886 retracement of the XA leg. The value of the pattern at this stage is not that it predicts an automatic reversal. It gives us a clearly defined area where the behavior of price becomes more important and where confirmation can be evaluated rather than assumed.
GBPUSD DAILY — HARMONIC BAT APPROACHING THE 0.886 COMPLETION AREA
Ethereum has moved from a prolonged period of compression into a very different market structure. The daily chart shows the transition clearly: first a reversal structure near the June lows, then a long consolidation around the $1,850–$1,950 area, followed by an explosive breakout. After that first expansion, ETH spent several more weeks consolidating between roughly $2,350 and $2,540 before breaking higher again. What looked like inactivity for weeks has now become directional movement.
ETHEREUM DAILY — TWO CONSOLIDATIONS, TWO STRUCTURAL BREAKOUTS
