The session kicked off with Cynthia’s detailed forex trading update, zeroing in on major currency pairs such as EURUSD, GBPUSD, and DXY. Her analysis spotlighted critical retracement zones, recommending that traders look for buying opportunities on EURUSD around the 1.14825 level, particularly on any retest of the 61.8% Fibonacci retracement. For GBPUSD, she emphasized waiting for price to clear the current low before entering long positions, noting that the structure still needed confirmation. The DXY appeared bearish, with expectations for further downside if the 1.0340 level gives way.
From there, attention shifted to key community programs. VFT highlighted ongoing registration for the upcoming ATM Cash Flow Training and the highly anticipated Traders Boot Camp 2025 in Abuja, set for August 2, 2025, at Jabi Lake by 9 AM. With limited slots available, attendees were encouraged to register early by contacting 08160995030. These events are designed to offer a hands-on introduction to forex market direction, trading psychology, and the day-to-day realities of active and passive forex trading strategies.
As the market session continued, Likon took over to break down precious metals and yen pairs. Gold, which has been in a bullish trend since April, was noted to be in a temporary consolidation. Traders were advised to wait for a meaningful pullback before looking for long setups. On the other hand, yen-based pairs like GBPJPY and EURJPY showed signs of bearish continuation. Traders were advised to watch GBPJPY for a liquidity sweep before a possible bounce and to be alert for entry signals around the shoulder level on EURJPY for potential shorts.
The team also addressed broader market behavior and stressed the value of understanding market volatility and entry confirmations, especially in uncertain conditions. As always, the Value Flow Trading community was reminded of the importance of patience, discipline, and consistently refining their edge in both trending and consolidating environments.
If you’re looking to grow your skills or simply get clarity on how to analyze the forex market, the upcoming events are a perfect place to start. Whether you’re just starting out or already active in the markets, there’s a place for you at VFT.