August 1, 2025

Daily Outlook London/NY Session– 1st August 2025

High-impact NFP day. No trades before news. Watching Gold, Silver, US30 & EURUSD for clean structure after reaction. Stay disciplined.

We’re bullish on the 4H timeframe, but price is currently reacting to a strong 4H supply zone.
So instead of looking for buys, I’ll be watching for sell setups around the Asia Low.

Also bullish overall – here we’re more interested in buy opportunities.
Key buy zone: Asia High
There’s also potential for short setups from the Asia Low or the previous London High, depending on how price reacts.

Still bearish on the 4H chart.
Two possible scenarios:
• A break and retest of the second-last NY session low → possible continuation to the downside
• Or a break and retest of the previous London/NY session high → in that case, we could look for buys

Also bearish on the 4H timeframe.
Looking for:
• Sells around the NY session low
• Buys only if we break above the NY session high, ideally in confluence with the previous NY session low

Neutral bias – watching the NY session high and low as key zones.
Depending on structure, we could see either long or short opportunities

We have a high-impact news day today:
• 14:30 CET: Average Hourly Earnings, Non-Farm Employment Change (NFP), Unemployment Rate
• 16:00 CET: ISM Manufacturing PMI

⚠️ Do not trade before NFP.
Let the dust settle, then look for structured setups after the release.