WTI crude oil Wave Analysis – 22 July 2026

WTI crude oil: ⬆️ Buy

- WTI crude oil rising inside impulse wave 3

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

⚠️ Australia — Employment Change at 03:00 GMT

✔️ Prev: 44.0K

🕒 Exp: 15.0K

🎯 Fact.: 76.3K 📈

———

⚠️ Australia — Unemployment Rate at 03:00 GMT

✔️ Prev: 4.4%

🕒 Exp: 4.4%

🎯 Fact.: 4.4%

🗓 Economic Calendar at 2026/07/24 (GMT)

12:15 🇪🇺 ⚡️ ECB Interest Rate Decision — Exp: 2.40% Actual: 2.40%

12:15 🇪🇺 Deposit Facility Rate — Exp: 2.25% Actual: 2.25%

12:15 🇪🇺 Marginal lending facility — Exp: 2.65% Actual: 2.65%

12:30 🇺🇸 Unemployment Claims — Exp: 212K Actual: 187K

12:30 🇨🇦 Retail Sales — Exp: 1.0% | 1.3% Actual: 1.0% | 1.2%

12:45 🇪🇺 ⚡️ ECB Press Conference

23:30 🇯🇵 ⚡️ National Consumer Price Index — Exp: 1.7% Actual: 1.7%

23:30 🇯🇵 National Consumer Price Index Ex-Fresh Food — Exp: 1.6% Actual: 1.6%

06:00 🇬🇧 Retail Sales With Auto Fuel — Exp: -0.3% | 2.3%

06:00 🇬🇧 Retail Sales Ex Auto Fuel — Exp: -0.4% | 3.2%

07:15 🇫🇷 Manufacturing PMI — Exp: 51.0

07:15 🇫🇷 Services PMI — Exp: 47.2

07:15 🇫🇷 PMI Composite

07:30 🇩🇪 Manufacturing PMI — Exp: 50.1

07:30 🇩🇪 Services PMI — Exp: 48.8

07:30 🇩🇪 PMI Composite — Exp: 49.8


[Updated in real time]

Bitcoin and Ethereum have paused their recovery

The crypto market capitalisation has changed little over the past 24 hours, continuing to hover around $2.24T. The market remains near its recent high, consolidating despite a strengthening US dollar and cautious sentiment in equity markets. The sentiment index has fallen from 33, its highest level since May, to 31, remaining in ‘fear’ territory. Among the most popular coins, the top performers over the past day were Hedera (+6%), Uniswap (+4.4%) and Aptos (+3.6%). Filecoin (-4.9%), Stellar (-2.6%) and Bitcoin Cash (-2.4%) are falling more than the others.

Bitcoin retreated to $65.4K, losing ground for the second day in a row after touching the area of its local June highs. This pullback has reinforced the sense that bears remain in control of prices, preventing the technical rebound from developing into a broader recovery and establishing the 61.8% retracement level of the May–June decline as resistance.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Euro focuses on the ECB

EURUSD is rising on expectations of ‘hawkish’ rhetoric from the ECB.

The rally in Brent crude and Treasury yields is not helping the US dollar.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

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

✔️ Prev: 2.40%

🕒 Exp: 2.40%

🎯 Fact.: 2.40%

⚠️ EU — ECB Press Conference at 12:45 GMT

▶️ Gold. Triangle

Today is Thursday, the 23rd of July, and we're going to talk to you about the gold market.

Today I'll show you the one hour chart, which is continuing its downward trend...

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

🇺🇸 US Pre-Market: Mostly Negative 📉

Negative sentiment is prevailing in the US stock market pre-market, with the largest technology and consumer companies mostly trading lower, reflecting a noticeable flight from risk.

In the Information Technology sector, NVIDIA (NVDA) is down 1.40%, Broadcom (AVGO) is down 1.13%, while Microsoft (MSFT) is down 0.68%.

In the Communication Services sector, Alphabet (GOOGL) is down 5.24%.

In the Energy sector, Exxon Mobil (XOM) is up 1.86%, while Chevron (CVX) is up 1.62%.

Overall market sentiment remains broadly bearish: selling pressure is concentrated in the largest-cap growth stocks, boosting demand for safe-haven dollar assets and providing short-term support for the dollar through capital flows into Treasuries and money markets.

Bitcoin Wave Analysis – 23 July 2026

- Bitcoin reversed from resistance level 67070.00

- Likely to fall to support level 64000.00

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Gold Wave Analysis – 23 July 2026

- Gold reversed from resistance level 4210.00

- Likely to fall to support level 3965.00

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

USDCHF Wave Analysis – 23 July 2026

- USDCHF broke key resistance level 0.81400

- Likely to rise to resistance level 0.8250

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Brent Crude Oil Wave Analysis – 23 July 2026

Brent Crude Oil: ⬆️ Buy

- Brent Crude Oil broke resistance zone

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

⚠️ Japan — National Consumer Price Index at 03:00 GMT

✔️ Prev: 1.5%

🕒 Exp: 1.7%

🎯 Fact.: 1.7%

🗓 Economic Calendar at 2026/07/25 (GMT)

08:00 🇪🇺 Manufacturing PMI — Exp: 51.5 Actual: 52.0

08:00 🇪🇺 Services PMI — Exp: 49.8 Actual: 51.6

08:00 🇪🇺 PMI Composite — Exp: 50.3 Actual: 51.9

08:30 🇬🇧 Manufacturing PMI — Exp: 52.1 Actual: 52.8

08:30 🇬🇧 Services PMI — Exp: 49.6 Actual: 51.8

08:30 🇬🇧 PMI Composite — Exp: 49.7 Actual: 52.1

10:30 🇷🇺 ⚡️ Key bank rate — Exp: 14.25% Actual: 14.00%

13:45 🇺🇸 Manufacturing PMI — Exp: 54.4 Actual: 53.8

13:45 🇺🇸 Services PMI — Exp: 51.3 Actual: 53.6

13:45 🇺🇸 PMI Composite — Exp: 52.3 Actual: 53.6

14:00 🇺🇸 New Home Sales — Exp: 610K Actual: 628K | 1.6%


[Updated in real time]

Crypto shrugs off a stronger Dollar

Cryptocurrencies have been affected by jitters in traditional financial markets, losing 0.8% of their market capitalisation over the past 24 hours to $2.23T, dipping to a low of $2.21T at the start of active trading in Asia. The subsequent resumption of growth indicates that the upward trend remains intact and that market participants are keen to buy into local dips, regardless of the rising dollar. The loss of much of the correlation with the equity market has begun to work in cryptocurrencies’ favour after a prolonged period of underperformance. Among the top coins over the past day, the leaders in growth were Tezos (+2.6%), SushiSwap (+2.3%) and Near Protocol (+1.7%). Avalanche (-4%), Dogecoin (-3.3%) and Hedera (-3.2%) lost ground more than the others.

Bitcoin fell during the day from $65.8K to $64.6K, where it found support from buyers. This proved sufficient to push the price back up to $65.5K, forming the seventh consecutive local low higher than the previous one since the start of July. Higher lows have now formed for seven consecutive sessions, but higher highs have yet to develop with the same consistency. As a result, the market is best described as being in an uptrend rather than a well-defined ascending channel.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Dollar: oil leaves the Fed with no choice

• The Brent crude rally is a bigger ‘bearish’ factor for EURUSD than the ECB.

• The Fed may spring a surprise as early as July.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

EURCHF Wave Analysis – 24 July 2026

- EURCHF broke resistance level 0.9270

- Likely to rise to resistance level 0.9350

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

⚠️ Russia — Key bank rate at 03:00 GMT

✔️ Prev: 14.25%

🕒 Exp: 14.25%

🎯 Fact.: 14.00% 📉