The quandary between GBP/USD and EUR/USD versus USD/CAD played out today exactly as anticipated. We picked up on the subtle clues that USD/CAD was the stronger candidate, and we sent it as a signal yesterday. The result? A clean move of +50 pips.
🔥 Friday also delivered another strong opportunity with EUR/AUD, which hit TP2 at +100 pips — a perfect example of letting the market come to us rather than chasing.
👀 Looking Ahead
We have our eyes on EUR/NZD tomorrow, while also monitoring for another potential entry in USD/CAD. The technicals suggest that the pair still has room to run, provided conditions align.
🎯 Selectivity is Everything
In markets like these, selectivity is everything. The recent decision between USD/CAD and GBP/USD was a textbook case: while both setups looked appealing, the Market Makers’ pattern pointed to higher odds in USD/CAD, especially against the backdrop of a two-week rise moving into a third.
⚠️ Staying Aware of the Bigger Picture
Of course, we also need to stay mindful of the wider environment. With the Trump–Putin–Zelenskiy meetings on the horizon, headline-driven volatility can easily creep in and disrupt otherwise clean technical setups.
🧠 Final Thoughts
As always, patience, precision, and discipline remain our edge.
Happy trading, and see you tomorrow.
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.
