Author name: Editor

EUR/USD

**Weekly Forex Outlook: Key Resistance and Breakout Plays for DXY, EURUSD, GBPUSD, USDCHF, and XAUUSD (July 28 – August 1, 2025)**

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Weekly Forex Forecast July 28 – August 1, 2025: DXY tests key resistance at 105.00–105.30 with breakout or reversal likely; EUR/USD struggles beneath 1.0950 descending trendline, eyes support near 1.0800; GBP/USD consolidates inside symmetrical triangle around 1.2930–1.3150; USD/CHF poised at major support near 0.8800; XAU/USD remains volatile near $2050. Watch price action closely for breakout and breakdown setups shaping late summer trends. Analysis adapted from Justin Bennett at Daily Price Action.

USD/CAD

USD/CAD Near Support as Market Awaits Key Data and Oil Trends

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USD/CAD tests key support near 1.3700 ahead of critical U.S. and Canadian data releases. The pair’s direction will hinge on oil prices, Fed signals, and economic indicators. Watch for a break below support for potential correction or a rebound toward 1.3800 resistance. #ForexAnalysis #USDCAD

USD/JPY

**Elliott Wave Forecast: Is the S&P 500 on the Brink of a Major Turn in July 2025?** *Insights from EWM Interactive’s Latest Market Analysis*

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Elliott Wave analysis of the S&P 500 as of July 28, 2025, indicates we’re approaching the end of the powerful wave (3) rally that began in 2023. Signals like weakening momentum and volume suggest wave (3) is near completion, preparing the market for a corrective wave (4) retracing 23.6%-38.2% before the uptrend resumes. Stay informed with EWM Interactive’s full breakdown. #SP500 #ElliottWave #MarketAnalysis

USD/CAD

USD/CAD Price Support Under the Spotlight: Key Technical Levels, Market Trends, and Future Outlook

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USD/CAD is currently testing key support near 1.3645 amid mixed fundamental signals and technical consolidation. Dovish Fed comments and softer US data weigh on the dollar, while oil price fluctuations and Canadian inflation create uncertainty. Watch this support zone closely for potential breakout or reversal—critical for both short-term traders and long-term investors. Stay tuned for updates.
#Forex #USDCAD #TechnicalAnalysis

AUD/USD

**Australian Dollar (AUD) Outlook: Key Support Holds Amid Mixed Signals —Weekly Trend Analysis & Forecast**

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AUD/USD remains under pressure within a bearish trend, consolidating near 0.6580 support after testing resistance around 0.6700–0.6780 last week. Technical indicators show persistent selling momentum, though a descending triangle pattern hints at possible continuation. Key levels to watch: support at 0.6580/0.6460 and resistance near 0.6700. Fundamentals and US rate outlook will influence next directional move. Stay tuned for updates.
*Analysis adapted from ActionForex.com Technical Outlook*

GBP/USD

BRICS Ushers in a New Era: Gold Tokenization to Challenge Dollar Dominance and Reshape Global Finance

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BRICS’ tokenization of gold marks a bold stride toward de-dollarization and enhanced economic sovereignty. By leveraging blockchain technology to digitize gold ownership, the bloc aims to streamline trade settlements, reduce reliance on the US dollar, and reshape global financial power dynamics. This move could redefine forex, commodities markets, and international reserves, signaling a new era in monetary innovation and geopolitical influence.

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