EWM Interactive’s July 2025 Elliott Wave analysis of USD/CAD highlights a completed five-wave impulse from 1.2000 to 1.3860, signaling a medium-term correction underway. The developing A-B-C corrective pattern points toward further downside potential, possibly testing support near 1.2800 in the coming months. Traders should watch Wave C for bearish confirmation.
USD/JPY sees yen strength following US-Japan trade deal that reduces tariffs and boosts market access. The agreement enhances Japan’s economic outlook and shifts investor sentiment, while monetary policy divergence continues to influence exchange rates. Key technical levels now in focus. #Forex #USDJPY
The U.S. dollar remains stable as markets await key trade developments and central bank decisions. EUR/USD tests support amid Eurozone slowdown, GBP/USD faces policy uncertainty, while USD/CAD and USD/JPY react to global economic cues. Watch for shifts as negotiations and data unfold.
The Australian dollar has surged to its highest level in eight months, fueled by improved global risk sentiment, stronger commodity prices, and promising economic data from China and Australia. Investors are responding to central bank signals and a softer US dollar, boosting demand for the pro-cyclical AUD amid optimism about global growth prospects.
The U.S. dollar shows signs of stabilization as traders focus on evolving trade negotiations and central bank outlooks. EUR/USD, GBP/USD, USD/CAD, and USD/JPY reflect this cautious sentiment, with technical support and resistance levels guiding market moves. Key economic data and trade headlines remain critical for near-term currency trends. Analysis by Vladimir Zernov, FXEmpire.
IFCO Group closes €2.4 billion cross-currency Term Loan B refinancing and dividend recap at 99.5 original issue discount. The six-year covenant-lite deal priced at 375 basis points over Euribor and SOFR reflects strong investor demand and confidence in IFCO’s resilient business model and growth outlook.
USD/JPY nears the critical 160 level, sparking renewed BoJ intervention concerns. Despite a fragile yen and dovish BoJ stance, the pair holds firm amid strong U.S. dollar momentum and cautious market positioning. Will Japan step in or let the market decide? #forex #USDJPY
USD/CAD rebounds from a three-week low as renewed optimism around US-China and North American trade talks lifts market sentiment. Stable oil prices and resilient Canadian economic data support the loonie, while Fed signals keep the dollar buoyant. Analysts watch for shifts amid evolving global cues.
The Australian dollar has surged to an eight-month high against the US dollar, driven by renewed global risk appetite, easing US rate hike expectations, strong commodity prices, and positive economic signals from China. This rally reflects confidence in Australia’s economic resilience and favorable trade conditions.
GBP/USD strengthens as UK political developments and economic data boost market confidence. BoE’s cautious policy tone and resilient UK growth alongside shifting Fed outlook keep Cable in focus for traders. Watch key support at 1.2600 and resistance near 1.2900 for next moves.
— By Mitrade
