NZDUSD Wave Analysis – 23 July 2025

- NZDUSD reversed from support zone

- Likely to rise to resistance level 0.6100

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AUDJPY Wave Analysis – 23 July 2025

- AUDJPY reversed from support zone

- Likely to rise to resistance level 97.40

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Platinum Wave Analysis – 23 July 2025

- Platinum reversed from resistance zone

- Likely to fall to support level 1350.00

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FTSE 100 Wave Analysis – 23 July 2025

FTSE 100: ⬆️ Buy

- FTSE 100 broke resistance level 9030.00

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🗓 Economic Calendar at 2025/07/24 (GMT)

03:05 🇦🇺 ⚡️ RBA Governor Michele Bullock Speaks

07:15 🇫🇷 Manufacturing PMI — Exp: 48.5 Actual: 48.4

07:15 🇫🇷 Services PMI — Exp: 49.7 Actual: 49.7

07:15 🇫🇷 PMI Composite — Exp: 49.1 Actual: 49.6

07:30 🇩🇪 Manufacturing PMI — Exp: 49.4 Actual: 49.2

07:30 🇩🇪 Services PMI — Exp: 50.0 Actual: 50.1

07:30 🇩🇪 PMI Composite — Exp: 50.7 Actual: 50.3

08:00 🇪🇺 Manufacturing PMI — Exp: 49.7 Actual: 49.8

08:00 🇪🇺 Services PMI — Exp: 50.6 Actual: 51.2

08:00 🇪🇺 PMI Composite — Exp: 50.7 Actual: 51.0

08:30 🇬🇧 Manufacturing PMI — Exp: 47.9 Actual: 48.2

08:30 🇬🇧 Services PMI — Exp: 52.8 Actual: 51.2

08:30 🇬🇧 PMI Composite — Exp: 51.9 Actual: 51.0

12:15 🇪🇺 ⚡️ ECB Interest Rate Decision — Exp: 2.15% Actual: 2.15%

12:15 🇪🇺 Deposit Facility Rate — Exp: 2.00% Actual: 2.00%

12:15 🇪🇺 Marginal lending facility — Exp: 2.40% Actual: 2.40%

12:15 🇪🇺 ⚡️ Monetary Policy Statement

12:30 🇺🇸 ⚡️ Unemployment Claims — Exp: 227K Actual: 217K

12:30 🇺🇸 Continuing Claims — Exp: 1960K Actual: 1955K

12:30 🇨🇦 Retail Sales — Exp: -0.9% | -0.2% Actual: -1.1% | -0.2%

12:45 🇪🇺 ⚡️ ECB Press Conference

13:45 🇺🇸 Manufacturing PMI — Exp: 52.7 Actual: 49.5

13:45 🇺🇸 Services PMI — Exp: 53.0 Actual: 55.2

13:45 🇺🇸 PMI Composite Actual: 54.6

14:00 🇺🇸 New Home Sales — Exp: 649K Actual: 627K | 0.6%


[Updated in real time]

⚠️ Australia — RBA Governor Michele Bullock Speaks at 03:05 GMT

The crypto market nosedive

The crypto market took a nosedive, losing almost 4% of its market cap over the last 24 hours. Without Bitcoin's growth, altcoins, which had been driving the market upwards in previous days, found themselves on sale. Forty-eight of the top 100 altcoins are losing double-digit rates over 24 hours, while only three are growing.

The first cryptocurrency has been facing both a price drop and an outflow from ETFs over the past couple of days, while Ethereum continued to attract new capital to funds. Meanwhile, BTC remains stuck in a narrow range. At $117.3K on Thursday morning, it was on its way to the lower limit of $116K. A reversal to growth will be needed to stop the build-up of pessimism for the entire crypto market, where corrective sentiment is intensifying. If we look only at BTCUSD, a decline to $111K — the area of previous peaks — fits well into the pattern of a corrective pullback.

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⚠️ EU — ECB Interest Rate Decision at 03:00 GMT

✔️ Prev: 2.15%

🕒 Exp: 2.15%

🎯 Fact.: 2.15%

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⚠️ USA — Unemployment Claims at 03:00 GMT

✔️ Prev: 221K

🕒 Exp: 227K

🎯 Fact.: 217K 📈

⚠️ EU — ECB Press Conference at 12:45 GMT

🇺🇸 US pre-market

📈 The US stock market is showing positive dynamics in pre-market trading.

In the Electronic Technology sector, NVIDIA (NVDA) shares are up 0.98%, while AVGO (AVGO) shares are up 1.64%.

In the technology sector, GOOGL (GOOGL) shares show impressive growth of 3.87%, while NOW (NOW) shares are up 7.69%.

In the Financial sector, Blackstone (BX) shares are strengthening by 3.51%, while Bank of America (BAC) shares are rising by 0.44%.

Organic growth in high-tech and financial companies supports the attractiveness of the dollar for new investments, contributing to its gradual strengthening against the background of a stable inflow of capital.

Business activity in the UK is under pressure, as is the pound

Preliminary estimates of PMI business activity indices showed a slowdown in the growth rate of the services sector, while manufacturing activity slowed slightly.

The manufacturing PMI for July, at 48.2, was better than the average forecast of 47.9 and the previous value of 47.7. However, the indicator has remained in decline (<50) for the last 10 months.

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🗓 Economic Calendar at 2025/07/25 (GMT)

06:00 🇬🇧 Retail Sales With Auto Fuel — Exp: 1.2% | 1.8% Actual: 0.9% | 1.7%

06:00 🇬🇧 Retail Sales Ex Auto Fuel — Exp: 1.2% | 2.0% Actual: 0.6% | 1.8%

08:00 🇩🇪 Ifo Business Climate — Exp: 89.0 Actual: 88.6

08:00 🇩🇪 IFO - Current Assessment — Exp: 86.7 Actual: 86.5

08:00 🇩🇪 IFO - Expectations — Exp: 91.1 Actual: 90.7

10:30 🇷🇺 ⚡️ Key bank rate — Exp: 18% Actual: 18%

12:30 🇺🇸 Durable Goods Orders — Exp: -10.4% | 0.1% Actual: -9.3% | 0.2%


[Updated in real time]

EURCAD Wave Analysis – 24 July 2025

- EURCAD reversed from support zone

- Likely to rise to resistance level 1.6100

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Ebay Wave Analysis – 24 July 2025

- Ebay broke round resistance level 80.00

- Likely to rise to resistance level 84.00

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Bitcoin moved from consolidation to correction

The crypto market capitalisation has fallen by another 1.3% over the past 24 hours to $3.77 trillion, which is 5.3% below the highs of $3.98 trillion set on July 23rd. We consider the decline from the December peaks to be a necessary and healthy correction. Even a pullback to 3.40 can be seen as part of profit-taking, pulling the market back to recent peaks and the 61.8% area of the total growth from April lows. As long as the market remains above this level, there is no point in talking about a change in the medium-term trend.

The sentiment index at 70 indicates a high probability that the market is ready to return to buying as soon as it consolidates part of the latest rally. It should be acknowledged that the market is not falling into such blatant greed as it did in previous growth cycles after halving. On the other hand, the drawdowns are not as deep now either.

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⚠️ Russia — Key bank rate at 03:00 GMT

✔️ Prev: 20%

🕒 Exp: 18%

🎯 Fact.: 18%