📈 GBP/USD Follow-Through: Precision Pays Off
Following our successful entry on GBP/USD on July 22, today’s market session delivered a continuation aligned with our expectations. Our long position hit Take Profit 1 at +50 pips and is currently floating at +85 pips in profit. This move confirms our trend-based analysis and highlights the effectiveness of our structured approach. Even in quieter summer markets, quality setups yield results.
⚠️ EUR/USD: Disciplined Decision-Making
A parallel bullish setup emerged on EUR/USD. While structurally sound, we made the decision to stay out of this trade due to heightened macroeconomic risks — specifically, the ongoing US–EU trade negotiations. This kind of external variable introduces a layer of unpredictability that can compromise even the most promising charts. Our choice to skip the trade reflects the Synergy principle: we don’t trade every setup — we trade the right ones.
🔍 Watchlist for Tomorrow: Opportunities Brewing
✅ AUD/CHF: Long Bias Forming
On the higher time frame, AUD/CHF remains in a broader downtrend. However, recent price action suggests a possible reversal is forming. Multiple major Harmonic patterns have completed, indicating a potential Peak Low (PL). We’ve already seen a Change of Character (CHoCH); a Break of Structure (BOS) with a Higher High / Higher Low sequence would confirm a directional shift. Patience is key here.
✅ EUR/CAD & GBP/CAD: Positioned in Cycle Zones
Both of these CAD pairs are currently sitting in the second Cycle Zone (CZ) on the daily chart. This structural alignment indicates a potential third impulsive leg could be near. If the cycle plays out, we may see high-probability long setups unfold — exactly the kind of opportunities we prioritize.
💰 Crypto Corner: Stellar (XLM) Correction = Opportunity?
Despite a -10% move today, Stellar (XLM) remains on our radar. The drop comes after a sharp rally exceeding 100% the previous week — a textbook pullback likely triggered by profit-taking. Our thesis of real-world adoption remains intact, with large accumulators continuing to show interest. We maintain a bullish bias on XLM in the medium term.
📊 Indices Outlook: FTSE 100 Still Offers Value
The FTSE 100 continues to look undervalued compared to global indices. Several of its constituents trade at attractive valuations while delivering solid earnings. Names like Rio Tinto, HSBC, Haleon, and Lloyds remain on our watchlist for potential equity swing trades.
🎯 Final Thoughts: Quality Over Quantity
This week continues to reinforce a key lesson: success in trading isn’t about frequency — it’s about focus and precision. Whether it’s a forex pair, crypto asset, or equity index, our edge lies in alignment, timing, and restraint. As we monitor new setups, our guiding principle remains unchanged:
Stay aligned with the trend. Wait for structure. Strike with discipline.
Risk Warning: Trading forex and CFDs involves significant risk and may not be suitable for all investors. The information provided is for educational purposes only and does not constitute investment advice. Synergy Markets does not hold client funds and acts solely as an FCA-regulated intermediary and education provider. Past performance is not a reliable indicator of future results.
