In my view, Trump wants global recognition, historical achievements, a Nobel Prize, and money. The first three items are optional. Of course the White House leader will not object to entering U.S. history, appearing in textbooks, being depicted on U.S. banknotes, and getting his own Taj Mahal and a Cheops pyramid as recognition of his services to the nation. However, if there is simply money, that is also fine.

It is no secret that many of Trump's decisions and decrees lead to the enrichment of him and his family. Perhaps this is even logical, because people run for the U.S. presidency to make money. Otherwise, why would Trump become president if ordinary business brings greater returns? Paradoxically, Trump's wealth grew on cryptocurrencies, since the president did everything he could to promote their development in the U.S. Equally paradoxically, Trump owned companies began buying oil stocks a few weeks before the outbreak of the war with Iran. A dinner at one table with Trump costs $300,000, and it is not certain that Trump himself will even appear at that dinner. Access to earlier messages from the president on Truth Social costs $100,000.

In addition, by the same methods, Trump tries to replenish the state treasury. We impose tariffs—we fill the treasury with money from American taxpayers. We start wars—we refill the treasury with money from American consumers and other countries. We conduct a military operation—we have to bill everyone who is in any way related to it.

The war with Iran cost Trump control of Congress, but the Republican president does not despair. His powers remain quite extensive. Meanwhile, it is possible to try to get money from those countries that "America protected in the war in the Middle East." Which countries those are is unlikely anyone can say, and Trump himself started the war with Iran right in the middle of the Epstein case, in which he was a central figure. Nevertheless, the master of the White House believes Israel, the UAE, Saudi Arabia, Qatar, Bahrain, and Kuwait owe America for protection. Why the European Union did not end up on that list of debtors is hard to say. After all, without Trump, Iran would have long ago destroyed the Europe he hates. Indonesia likewise would not be able to sleep peacefully, since Tehran allegedly has nuclear missiles and thus would destroy the whole world. But Trump saved everyone. It does not matter that Iran still possesses a nuclear warhead stockpile and does not intend to give it up.

Also see my other articles:

Analysis of EUR/USD. November 12. CME FedWatch pushes dollar up.

Wave structure for EUR/USD

Based on my EUR/USD analysis, I conclude the instrument remains within a global corrective A-B-C-D-E trend segment. However, this structure looks fully complete and therefore may be finished at any moment. In my view, now is a good time not only to buy the European currency but also to expect a full bullish trend segment. On the higher timeframe, one should expect a rise of at least 1,700–1,800 pips. An unsuccessful attempt to break 1.1082, which corresponds to 161.8% on Fibonacci, will indicate market readiness to buy. A breakout of that level—to selling.

Wave structure for GBP/USD

The wave picture for GBP/USD has become fairly clear. Charts show a distinct corrective A-B-C-D-E structure that may be complete. A similar structure for EUR/USD may also be complete. If that assumption is correct, then the pound has finished its decline. If that assumption is correct, Sterling has begun building a bullish trend segment with targets above the peaks of waves B and D—that is, above the 3,700-pip level. Three waves of the first wave of the new bullish segment are already formed. Consequently, the rise in quotes may continue with targets around 1.3531 and 1.3651, which correspond to 76.4% and 100.0% on Fibonacci.

Key principles of my analysis:

1) Wave structures should be simple and understandable. Complex structures are hard to trade and often change.

2) If you are not confident about what is happening in the market, it is better not to enter.

3) There is no such thing as 100% certainty in direction; do not forget protective stop-loss orders.

4) Wave analysis can be combined with other types of analysis and trading strategies.