Sell Setups on EUR/USD & GBP/USD – DXY Forecast and Gold Outlook | VFT Market Recap

At Value Flow Trading, we wrapped up another insightful market colour session focused on real-time opportunities across forex pairs, the Dollar Index, and precious metals. Our team shared actionable setups, technical breakdowns, and a few gems for traders looking to sharpen their edge whether you’re trading manually or using one of our forex robots.

We kicked things off with a breakdown of the US Dollar Index (DXY). Based on volume imbalances and retracement zones, we’re anticipating a bullish push into key levels before a likely sell-off. We’ve marked out those levels in our charts, and if you’re in the VFT community, you already know where we’re watching.

When it comes to EUR/USD, our bias remains firmly bearish for now. We expect price to trade into the 61.8% fib level and the fair value gap on the 4-hour before seeing any bullish reaction. If you’re looking to short it, wait for your confirmation things like Engulfing candles or Evening Star on the M15 or M5. Don’t just jump in. GBP/USD is also showing signs of further downside, but we noted a deeper retracement already playing out, so we’re watching for reaction at the order block on the 4H before considering longs back to the upside.

For those of you watching the yen pairs or trading gold, we talked through how to navigate the current consolidation. With gold, we’re seeing range-bound conditions, so we’re approaching it with a buy-low, sell-high mindset for now. For EUR/JPY we expect a bullish continuation once price pulls back to the shelf level on the 1-hour chart. On the yen basket, we’re anticipating a brief dip before the bullish trend resumes.

We also touched on upcoming CPI releases from the US, Canada, and the UK. While we don’t expect a huge market reaction this week, it’s still something to keep on your radar. And yes, we addressed the usual macro themes including the talk around Trump and tariffs. We believe recent geopolitical shifts could result in more favorable outcomes, but as always, we trade what we see, not what we feel.

One of the highlights from the session was our announcement about the VFT Trader Bootcamp happening in Abuja on August 2nd. This isn’t just another event. It’s a hands-on, practical day where you’ll learn how to approach the market like a pro covering technical setups, mindset, and how to integrate automated tools for passive income. If you’re based in Nigeria and you’re serious about trading, we highly recommend you make it.

To wrap things up, here are a few reminders for our traders:

  • Watch EUR/USD and GBP/USD for clean short setups, especially around the 61.8% zone and order blocks
  • Wait for your entry confirmation always. Patterns like Engulfing or Evening Stars will serve you well
  • Be selective and protect your capital especially with gold and yen trades during consolidation
  • Keep your eyes on EUR/JPY after the pullback
  • Share your setups with us in the Telegram group iron sharpens iron
  • And of course, register early for the Abuja Bootcamp. It’s going to be

This is what we do at VFT — breaking down the market with precision, strategy, and community. Whether you’re trading part-time, full-time, or passively with one of our robots, we’re here to help you grow.

Catch up with us on valueflowtrading.com, subscribe to our daily market colour here, and follow our live trading insights via our YouTube channel. Let’s grow together

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top