USDCAD fell below 1.3700 this week as further Fed easing odds improved. In today's update we discuss the Elliott Wave meaning of this drop. To access this article you need to have an active subscription The post Elliott Wave Update of USDCAD – December 24, 2025 appeared first on EWM Interactive.

USDJPY is down this week after the BoJ showed readiness to intervene to prevent further yen weakness. Would that be enough to stop the bigger uptrend, though? Read in our latest Elliott Wave update. To access this article you need to have an active subscription The post Elliott Wave Update of USDJPY – December 24th, 2025 appeared first on EWM Interactive.

According to Ray Dalio’s “Principles for Dealing with the Changing World Order”, a book we encourage you to read, the US is an empire in decline. His theory is that China is going to become the dominant economy in the world and the Chinese yuan is eventually going to become the global reserve currency, dethroning the dollar. And indeed, over a third of China’s trade is now being settled in yuan instead of dollars. In 2016, the IMF recognized it as the third biggest reserve currency behind only the dollar and the euro. But it has yet to be seen how much further the yuan’s status can rise, given that it is not a free-floating currency. It is carefully managed by China’s central bank in order to support the attractiveness of the country’s exports. According to “Why Nations Fail” by Daron Acemoglu and James Robinson, who won the Nobel Prize in Economics in 2024, unless both a country’s economic and political institutions are democratized, there is a ceiling to its development and prosperity. Nearly five decades after Deng Xiaoping’s reforms began in 1978, this is still not the case in China. So it is fair to say that the jury is still out when it comes to the yuan’s potential to displace the dollar as the world’s dominant reserve currency. Focusing on the not-so-distant future, however, USDCNH is indeed likely to weaken in the months and years ahead. The weekly chart above reveals that the rise from 6.02 in 2014 to 7.43 in April, 2025, can be seen as a simple A-B-C zigzag correction. Wave A is a five-wave impulse, marked 1-2-3-4-5, where the five sub-waves of wave 3 are also visible. Wave B was a deep decline back to 6.24, but it didn’t breach the starting point of wave A. Similar Elliott Wave setups occur in the crypto, commodity and stock markets, as well. Our Elliott Wave Video Course can teach you how to uncover them yourself! It was instead followed by what looks like an ending diagonal pattern in wave C. It is labeled 1-2-3-4-5, where all five waves have a corrective a-b-c structure, waves 1 and 4 overlap and the contracting shape of the pattern is unmistakable. If this Elliott Wave count is correct, the bearish reversal near 7.43 marks the resumption of the pre-2014 downtrend. As long as the 2025 top is intact, the US dollar can be expected to keep sliding towards 6.00 and under against the Chinese yuan. In our Elliott Wave PRO subscriptions we provide analyses of Bitcoin, Gold, Crude Oil, EURUSD, USDCAD, USDJPY and the S&P 500 every Sunday and Wednesday! Check them out now! The post Dollar to Weaken Against the Chinese Yuan appeared first on EWM Interactive.

EURUSD bulls lost momentum just above 1.1800 to close in the red for the first time in four weeks. In today's Elliott Wave analysis we discuss if this is a dip to buy or a warm-up for what the bears have in store for 2026. To access this article you need to have an active subscription The post Elliott Wave Analysis of EURUSD – December 22, 2025 appeared first on EWM Interactive.

BoJ's rate cut couldn't prevent a big rise in USDJPY last week as the central bank wasn't hawkish enough in its future intentions. This development fits nicely in our outlook. Take a look at in our latest Elliott Wave analysis. To access this article you need to have an active subscription The post Elliott Wave Analysis of USDJPY – December 22, 2025 appeared first on EWM Interactive.

USDCAD closed in the green for the first time in four weeks after the bears failed to break the support area near 1.3750. Is this just a corrective recovery or an important bullish reversal? Read in our latest Elliott Wave analysis. To access this article you need to have an active subscription The post Elliott Wave Analysis of USDCAD – December 22, 2025 appeared first on EWM Interactive.

USDJPY is up more than 10% from its April low, but still on track for an annual drop after four years of strong gains. Can we see a new multi-decade high in 2026? Read in our latest Elliott Wave update. To access this article you need to have an active subscription The post Elliott Wave Update of USDJPY – December 17th, 2025 appeared first on EWM Interactive.

EURUSD is on track for an annual gain of nearly 14% in 2025 fueled mostly by Fed easing and Ukraine peace hopes. Can the uptrend continue in 2026? Read in our latest Elliott Wave update. To access this article you need to have an active subscription The post Elliott Wave Update of EURUSD – December 17th, 2025 appeared first on EWM Interactive.

While the bulls are unlikely to prevent an annual loss for USDCAD with just two weeks left of 2025, is the slide poised to continue in 2026 or should we brace for a rebound? Read in our latest Elliott Wave update. To access this article you need to have an active subscription The post Elliott Wave Update of USDCAD – December 17, 2025 appeared first on EWM Interactive.

EURUSD rose for the third week in a row after the Fed cut rates again, but a strong resistance now lies in the bulls' path. Can they breach it or is another corrective decline on the cards? Read in our latest Elliott Wave analysis. To access this article you need to have an active subscription The post Elliott Wave Analysis of EURUSD – December 15, 2025 appeared first on EWM Interactive.

USDCAD fell for the third week in a row as the Fed cut rates, while the Bank of Canada is unlikely to follow suit. Should traders brace for more weakness then? Read in our latest Elliott Wave analysis. To access this article you need to have an active subscription The post Elliott Wave Analysis of USDCAD – December 15, 2025 appeared first on EWM Interactive.

USDJPY bulls prevented a third weekly loss in a row despite a Fed rate cut as traders worry about Japan's fiscal path forward. Can the uptrend continue and how high can it go? Read in our latest Elliott Wave analysis. To access this article you need to have an active subscription The post Elliott Wave Analysis of USDJPY – December 15, 2025 appeared first on EWM Interactive.

EURUSD is up for the third week in a row as a rate cut by the Fed is all but guaranteed on Wednesday. Are those gains going to last, though? Read in our latest Elliott Wave update. To access this article you need to have an active subscription The post Elliott Wave Update of EURUSD – December 10th, 2025 appeared first on EWM Interactive.

USDCAD is trading in the green for the first time in three weeks as traders brace for the Fed rate decision on Wednesday. Can the bulls claw back their way to 1.4000 and beyond? Read in our latest Elliott Wave update. To access this article you need to have an active subscription The post Elliott Wave Update of USDCAD – December 10, 2025 appeared first on EWM Interactive.

USDJPY is gaining ground as the yen is still seen as the weaker currency despite a widely-expected cut by the Fed on Wednesday. Aren't the bulls getting complacent, though? Read in our latest Elliott Wave update. To access this article you need to have an active subscription The post Elliott Wave Update of USDJPY – December 10th, 2025 appeared first on EWM Interactive.

EURUSD rose for the second week in a row, but a sustained climb above the resistance near 1.1650 remained elusive. Can the bulls do it or should we brace for more weakness? Read in our latest Elliott Wave analysis. To access this article you need to have an active subscription The post Elliott Wave Analysis of EURUSD – December 8th, 2025 appeared first on EWM Interactive.

USDCAD bears picked up where they'd left off in November, dragging the pair down more than 1% in the first week of December. Can the bulls rely on the support near 1.3800 to stop the bleeding? Read in our latest Elliott Wave analysis. To access this article you need to have an active subscription The post Elliott Wave Analysis of USDCAD – December 8th, 2025 appeared first on EWM Interactive.

USDJPY dropped last week as jobs and inflation data improved chances of a Fed rate cut this month. Buy the dip or prepare for more weakness? Read in our latest Elliott Wave analysis. To access this article you need to have an active subscription The post Elliott Wave Analysis of USDJPY – December 8th, 2025 appeared first on EWM Interactive.

EURUSD is up for the second week in a row, but the resistance near 1.1650 has yet to be broken. Can the bulls do it or should we expect them to fail? Read in our latest Elliott Wave update. To access this article you need to have an active subscription The post Elliott Wave Update of EURUSD – December 3rd, 2025 appeared first on EWM Interactive.

USDJPY slipped at the start of the week, but the support just under 154.70 helped the bulls claw back most of the losses. Can the recovery continue or have the bears just warmed up? Read in our latest Elliott Wave update. To access this article you need to have an active subscription The post Elliott Wave Update of USDJPY – December 3rd, 2025 appeared first on EWM Interactive.